Dealjoy ICO Review Project

ABSTRACT

Dealjoy is a privacy-focused global cashback platform designed to connect online shoppers with their favorite merchants to provide instant crypto cashbacks.

We believe that a truly private cashback platform is need-ed for the worldwide online shopping industry to provide the global audience with competitive cashback rates with-out compromising users’ privacy.

Dealjoy operates between customers and online merchants by negotiating and onboarding the best affiliate deals. As our members proceed to an online store through the Deal-joy platform, they will receive cashback commissions for their purchases, with virtually no identifying personal in-formation given to a third party.

Global and anonymous micro-payments have been made possible through the ongoing mass adoption of cryptocur-rencies. Using blockchain technologies and our ERC-20 standardized token called DEAL, cashbacks will be provid-ed privately, globally, and instantly without minimum pay-out limits.

Full GDPR compliance, anonymous instant payments, and a possibility for customers to stay completely unidentified by the cashback platform represent a whole new standard in the affiliate industry.

Website : https://dealjoy.io/

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

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 DEAL tokens provided as cashback are unlocked for withdrawals or further use. The possible waiting period for high-risk orders is executed to protect the platform from malicious cashback refund activities.

We also created an alternative approach for users wishing to obtain cashbacks instantly after their purchases in all circumstances. The solution is called Dealjoy Plus membership and is further explained in the next chapter.
Website : https://dealjoy.io/

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 integrat-ed 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-deter-mined buyback and token burn mechanisms.

The DEAL token is an ERC20-standardized token imple-mented on the Ethereum network. The platform was cho-sen for its broad adoption, fast transfers, and cheap trans-action costs. Using ERC20 standard helps DEAL token to achieve a high adoption among external exchanges and the community.

Detail Information About Dealjoy :

Website : https://dealjoy.io/

Whitepaper : https://dealjoy.io/files/Dealjoy_Whitepaper.pdf

ANN : https://bitcointalk.org/index.php?topic=4628510.0

Telegram : https://t.me/dealjoy

My Profile BTT : https://bitcointalk.org/index.php?action=profile;u=2253925;sa=summary