INVEST NOW at https://dealjoy.io/
PROBLEM
Affliate shopping networks have been a thing for quite a while, but traditional payment methods used to pay members are expensive in fees and require a lot of private details, time, and bureaucracy.
Existing platforms utilize bank transfers, paper checks, and online payment processors such as PayPal to pay their cus tomers. These payment methods are not private nor tru ly global and include various fees, such reducing cashback commissions and invading the privacy of users.
The affiliate industry is often accused of handling confidential customer data unethically to increase their revenues1. This is made possible by customers needing to provide personal information and agreeing to questionable terms in order to receive what they are owed. Submitting private information to cashback providers along with personal order history is something customers understandably want to avoid.
SOLUTION
Our revolutionary solution to the problem is the Dealjoy platform, which pays out cashback commissions in our own Ethereum compatible DEAL tokens.
This allows us to concentrate on finding the best deals and bonuses for our members instead of dealing with international wire transfers, consequently requiring minimum payout limits and cutting down cashback percentages due to high payment processing expenses.
Dealjoy cashbacks are paid out near-instantly and without a minimum threshold. Members can withdraw their wellearned DEAL tokens to their wallets any time to be traded for other cryptocurrencies, or held for potential value appreciation. Our community-driven token model works to the benefit of token holders, lessening the circulating supply and creating buying pressure by repurchasing tokens to be distributed back to the community as commissions.
INDUSTRY INSIGHTS
Retail e-commerce is predicted to rise from current yearly sales of $2304 billion to $4135 billion by 20203, summing up to an average annual growth of 21.52%.
The core of our business is the Dealjoy platform— an all-in-one dashboard for exploring and fnding the best and most exciting cashback-offering vendors.
Dealjoy can be accessed through the web platform and our native Android and iOS apps. Members can browse through
Dealjoy’s virtual catalog of their favorite merchants and seek the best deals to earn DEAL tokens for purchases. When a customer finds an interesting merchant or deal, they can proceed to the website and start shopping.
HOW DEALJOY WORKS
All purchases made by members will automatically be tracked, and commissions will be paid in DEAL tokens as soon as the vendor confirms the purchase, which usually initiates in almost real-time.
EXAMPLE
Claire needs new headphones and notices that Dealjoy offers 8% cashback on all headphones purchased from AliExpress. She proceeds to AliExpress through a link on Dealjoy and buys the headphones of her choice. After the purchase is complet ed, Claire returns to Dealjoy and notices that her purchase was registered and promised amount of DEAL tokens have been added to her account.
VENDORS
For retailers, cashback programs have delivered immensely impressive results in multiple indicators of sales performance.
According to market research7, merchants experienced a 240% average increase in conversions and 46% average increase in order value with cashback programs in use. In general, cashback programs result in improved engage ment, decreased bounce rate, and increased amount of time spent on-site.
The following online consumer behavioral findings of 2015 Global Cashback Industry Report explain the massive posi tive sales impact of the cashback programs well:
According to market research7, merchants experienced a 240% average increase in conversions and 46% average increase in order value with cashback programs in use. In general, cashback programs result in improved engage ment, decreased bounce rate, and increased amount of time spent on-site.
The following online consumer behavioral findings of 2015 Global Cashback Industry Report explain the massive posi tive sales impact of the cashback programs well:
DEALFEED
In addition to the basic model of operation— referring our users to online stores to obtain cashbacks on all their purchases—the Dealjoy platform will include product and category-specific deals for our members to benefit from. These deals will be available on the DealFeed, which will be integrated into the platform
DealFeed is a whole new gamelike way to find and browse customized deals and offers by swiping. It is powered by the Dealjoy Matchmaking Algorithm (DMA) which utiliz es machine learning and customer preferences to create a customer-specific stream of interesting daily changing deals. These specific deals are obtained directly from the collaborating vendors and will offer our users even higher cashback rates.
DealFeed is a whole new gamelike way to find and browse customized deals and offers by swiping. It is powered by the Dealjoy Matchmaking Algorithm (DMA) which utiliz es machine learning and customer preferences to create a customer-specific stream of interesting daily changing deals. These specific deals are obtained directly from the collaborating vendors and will offer our users even higher cashback rates.
HOW DEALFEED WORKS
EXAMPLE
Thomas browses the DealFeed and finds an exciting deal on Smartwatch with a 15% limited time cashback. Thomas clicks the deal and is forwarded to the related online store to make his purchase. After completing the purchase, cashback is cred ited to Thomas’s Dealjoy account in DEAL tokens.
DEALSHOP
Our philosophy is to provide members with freedom of choice. Our users can always withdraw their DEAL tokens to their personal Ethereum wallets or exchange accounts, trade them for other coins, or sell for fiat8 on external exchanges. On the other hand, members may want to keep their tokens in their Dealjoy wallets for future use in our platform.
For these users, we are introducing the DealShop, which will be an essential part of the platform. DealShop is a fully integrated online shop, including a variety of products, services, and gift vouchers from our partnering online shops. Orders made in DealShop can be paid exclusively in DEAL tokens, providing exciting real-world utility into the DEAL token ecosystem. Using DealShop doesn’t require tokens used for payment to be acquired through our cashback program; anyone can buy DEAL tokens from external exchanges and spend them on DealShop
For these users, we are introducing the DealShop, which will be an essential part of the platform. DealShop is a fully integrated online shop, including a variety of products, services, and gift vouchers from our partnering online shops. Orders made in DealShop can be paid exclusively in DEAL tokens, providing exciting real-world utility into the DEAL token ecosystem. Using DealShop doesn’t require tokens used for payment to be acquired through our cashback program; anyone can buy DEAL tokens from external exchanges and spend them on DealShop
HOW DEALSHOP WORKS
EXAMPLE
Matthew has been using Dealjoy for online shopping and now has $150 worth of DEAL tokens. He browses DealShop and decides to spend his tokens on an Amazon gift voucher. Matthew buys the voucher, and an appropriate amount of DEAL tokens is reduced from his wallet balance. The voucher is sent to Matthew instantly via email.
REFUNDS AND RETURNS
Affiliate commissions are paid only for orders that are not returned to the merchant or refunded for being damaged in shipment, lost package, etc. The typical waiting period for our affiliate partners to approve and pay out commissions is four weeks from the date of purchase. The normal practice among existing cashback providers is to subject all cashback payouts to a waiting period. This is something we didn’t want to do, so we came up with an innovative solution to enable instant payouts.
Our solution to the problem is an algorithm that analyses and determines expected return rates using advanced data analysis. With the support of the data provided by our algorithm, the Dealjoy platform will be able to determine purchases that are eligible for payouts instantly after the transaction. Orders with a high risk of return/refund are subject to a waiting period before DEA tokens provided as cashback are unlocked for withdrawal or further use. The possible waiting period for high-risk orders is executed to protect the platform from malicious cashback refund activities.
Our solution to the problem is an algorithm that analyses and determines expected return rates using advanced data analysis. With the support of the data provided by our algorithm, the Dealjoy platform will be able to determine purchases that are eligible for payouts instantly after the transaction. Orders with a high risk of return/refund are subject to a waiting period before DEA tokens provided as cashback are unlocked for withdrawal or further use. The possible waiting period for high-risk orders is executed to protect the platform from malicious cashback refund activities.
DEALJOY PLUS
The basic membership of Dealjoy is free and accessible to everyone.
It is acquired by a simple on-site registration process and provides our members with complete access to the plat form, cashbacks, deals, and the DealShop.
In addition to regular membership, we offer a premium ser vice called Dealjoy Plus with various benefits. Upgrading to Dealjoy Plus requires depositing and temporarily lock ing up a fixed number of DEAL tokens—a process that we call staking. If the user wants to give up the Dealjoy Plus membership, the staked tokens can be withdrawn after a fixed cool-down period, counted from the latest purchase.
It is acquired by a simple on-site registration process and provides our members with complete access to the plat form, cashbacks, deals, and the DealShop.
In addition to regular membership, we offer a premium ser vice called Dealjoy Plus with various benefits. Upgrading to Dealjoy Plus requires depositing and temporarily lock ing up a fixed number of DEAL tokens—a process that we call staking. If the user wants to give up the Dealjoy Plus membership, the staked tokens can be withdrawn after a fixed cool-down period, counted from the latest purchase.
BUSINESS MODEL
Our primary business model is to provide our members with access to their favorite online retailers, from which Dealjoy will obtain commissions to be shared with the members per their eligible purchases.
Dealjoy will keep a maximum of 20% of the income received from affiliate partners to pay for the general business and platform costs and to follow the long-term marketing, de velopment and token burn strategies. The rest—a minimum of 80% of the acquired cashback funds—will be paid out to our members per their eligible purchases. As member pay outs are carried out in DEAL tokens, Dealjoy will continu ously purchase tokens from external exchanges.
Affiliate partners pay commissions within a month from the commission-entitled purchase. To ensure continuous token reserve and liquidity for instant cashbacks, 10% of the total initial DEAL token supply is allocated in the com pany reserve.
Dealjoy will keep a maximum of 20% of the income received from affiliate partners to pay for the general business and platform costs and to follow the long-term marketing, de velopment and token burn strategies. The rest—a minimum of 80% of the acquired cashback funds—will be paid out to our members per their eligible purchases. As member pay outs are carried out in DEAL tokens, Dealjoy will continu ously purchase tokens from external exchanges.
Affiliate partners pay commissions within a month from the commission-entitled purchase. To ensure continuous token reserve and liquidity for instant cashbacks, 10% of the total initial DEAL token supply is allocated in the com pany reserve.
THE DEAL TOKEN
All cashback rewards will be paid to the customers in DEAL tokens to create a simple and engaging way of rewarding our members for using the platform.
The tokens can be used to make purchases on the integrated DealShop or be withdrawn to an external wallet. The DEAL tokens are, by default, stored in the user’s personal wallet on the Dealjoy platform
Since cashback rates are based on fiat prices of purchases, real-time price data from external exchanges will be used to determine the actual amount of DEAL tokens paid out to members at any given time. The token’s value will always and without limitations be determined by open markets on external exchanges, and Dealjoy will only participate in the exchange markets through transparent and pre-determined buyback and token burn mechanisms
The tokens can be used to make purchases on the integrated DealShop or be withdrawn to an external wallet. The DEAL tokens are, by default, stored in the user’s personal wallet on the Dealjoy platform
Since cashback rates are based on fiat prices of purchases, real-time price data from external exchanges will be used to determine the actual amount of DEAL tokens paid out to members at any given time. The token’s value will always and without limitations be determined by open markets on external exchanges, and Dealjoy will only participate in the exchange markets through transparent and pre-determined buyback and token burn mechanisms
BUYBACK MODEL
Since affiliate partners pay commissions in fiat, and cash backs to our members are paid in DEAL tokens, a constant reserve of tokens is required to be maintained by Dealjoy. All the tokens that are paid to our members as cashbacks will be bought from external exchanges, which means that more than 80% of Dealjoy’s cashback related revenue will be used to buy tokens. This buyback model ensures con tinuous buying volume for the token, supporting our value growth strategy
TOKEN STAKING
Upgrading to Dealjoy Plus membership requires locking up a fixed number of DEAL tokens. This community-engaging token staking model leads to lessened circulating supply and benefits the long-term value of the DEAL token eco system by increasing demand on exchanges and making it highly attractive for Dealjoy members to hold and stake DEAL tokens for various benefits like higher cashback rates and instant payouts on all purchases.
TOKEN BURN STRATEGY
A part of the revenue generated by the Dealjoy platform will be used to buy DEAL tokens from external markets to be burned, decreasing the total supply of tokens and increasing the value of the token and our platform in general. The burned tokens will be removed permanently from the circulation and will not be accessible to any use ever after. This strategy is implemented to stimulate higher demand for tokens, leaving the token holders with increased purchasing power.
Dealjoy will use 1% of revenue to buy tokens for burning. The maximum amount of tokens burnt per year is 100,000,000 DEAL and the minimum token total supply is 200,000,000 DEAL. When the minimum cap is reached by burning tokens, no more tokens will be burnt.
TOKEN SALE
The DEAL token sale event will be held in three phases: private sale, pre-sale and main sale.
The public pre-sale is scheduled for late 2018 with exact dates to be published. The main token sale will be conduct-ed after the pre-sale and will last a maximum of 4 weeks (28 days). All contributions are to be made in Ether (ETH).
So join now and invest at https://dealjoy.io/
Source- https://dealjoy.io/
MORE INFORMATION :
BTT ANN THREAD : https://bitcointalk.org/index.php?topic=4628510Website : https://dealjoy.io/Whitepaper : https://dealjoy.io/files/Dealjoy_Whitepaper.pdfTwitter : https://twitter.com/dealjoyofficialFacebook : https://www.facebook.com/DealjoyTelegram : https://t.me/dealjoyReddit : https://www.reddit.com/r/Dealjoy/Bounty Bitcointalk : https://bitcointalk.org/index.php?topic=4631237
Authorized By:
My Bitcointalk account : jagadlangit
My ETH address : 0xA2BFa48A6AfEFaBF498B6541f609E6cef4700D91
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