The current affiliate industry is shattered and incompetent to fill the needs of its participants ranging from consumers to professional dropshippers and content creators. So-called affiliate shopping networks have been a thing for quite a while, but yet an all-in-one solution that covers the needs of all main players is to be found. The most significant
industry problems come down to the lack of a global micropayment solution, the poor state of user privacy, and
the issues of trust that force the platforms to delay payments for months. Existing platforms utilize bank transfers, paper checks, and online payment processors such as PayPal to pay their affiliates. These payment methods are not private nor truly global, and include various fees thus reducing cashback commissions, and invading the privacy of users.
The second fundamental problem, from the user’s point of view, is the delay between the commission qualifying
transaction and receiving the actual payment. On the existing platforms, it may take up to three months to receive
the actual cashback, or to get paid of the conversions that affiliate marketers are generating for the merchants. For
professional marketers, the long delay affects negatively to cash flow and scaling of the operation. For retail cashback
consumers, the long wait reduces engagement to the program by being far from the customer’s ideal. For that consumers want faster payouts, more convenient cashback platforms, and modern payment methods.
Dealjoy revolutionary solution to the problem is the Dealjoy Ecosystem; Dealjoy cashback program, Dealjoy for Business, and Dealjoy TCS Protocol which pays commissions out in Ethereum compatible DEAL tokens.
The Dealjoy TCS Protocol takes care of the commission splits and enables instant payments by utilizing blockchain to resolve the trust issues between merchants and other parties. Instead of dealing with international wire transfers,
consequently requiring minimum payout limits and cutting down cashback percentages due to high payment processing fees, this solution allows us to concentrate on providing the best user experience and to build the next-generation tools for consumers and professional marketers.
Dealjoy for Business is a professional level affiliate marketing platform optimized for dropshippers, content creators
and small merchants that aim to scale up their business conveniently. By utilizing the Dealjoy TCS Protocol, the commissions are paid out instantly, which is a ground-breaking improvement when compared to current average delays of 1-3 months.
By using Dealjoy for Business, professional marketers are able to significantly speed up their cash flow and optimize
their operations using advanced analytic features integrated into Dealjoy for Business. Dealjoy retail cashback program introduces instant cashbacks to online shoppers. By far, the average waiting time for consumers to receive cashback is 1-3 months. With Dealjoy, online shoppers will get paid instantly after purchase. Instant cashbacks and global microtransactions are made possible by the Dealjoy TCS Protocol.
All Dealjoy commissions are paid out near-instantly and without a minimum threshold. Members can withdraw
their well-earned 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 by lessening the circulating supply and creating buying pressure through the token buyback program.
Thanks to the nature of the blockchain-based ecosystem, no identifying personal information is required of our
members. As cryptocurrency supporters and visionaries ourselves, personal data protection is our top priority. We
are confident that our community will greatly appreciate this transparent and privacy-conscious approach.
What is DEAL Token
The DEAL token is an ERC20-standardized token implemented on the Ethereum network. The platform was chosen
for its broad adoption, fast transfers, and cheap transaction costs. Using ERC20 standard helps DEAL token to
achieve a high adoption among external exchanges and the community.
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 uyback and token burn mechanisms.
Value Strategy
Owing to our great appreciation for early-stage contributors and all future DEAL token holders, we created an efficient and scalable strategy for the DEAL token to appreciate in value along with platform user base growth. Dealjoy will be using three main procedures to support the growth of DEAL token value : token buyback model, token staking, and long-term token burn strategy.
Buyback Model
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 continuous 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 ecosystem
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.
Roadmap of DealJoy
The DealJoy Team
For more information you can check links below :
DealJoy Website : https://dealjoy.io/
Bounty : https://bitcointalk.org/index.php?topic=4631237.0
White paper : https://dealjoy.io/files/Dealjoy_Whitepaper.pdf
Twitter : https://twitter.com/dealjoyofficial
Facebook : https://www.facebook.com/Dealjoy
Medium : https://medium.com/@dealjoy
Telegram : https://t.me/dealjoy
Reddit : https://www.reddit.com/r/Dealjoy/
Created By : Panda_Pendek
Bitcointalk profile : https://bitcointalk.org/index.php?action=profile;u=1185206
ETH Address : 0xa35c8502f8f66fb0e3fc8b807a4d82dbaac39e94
Congratulations @cryptohunter31! You have received a personal award!
1 Year on Steemit
Click on the badge to view your Board of Honor.
Do not miss the last post from @steemitboard: