cryptocurrency and ICO: Dealjoy - connects online buyers and makes transactions easier

Warm greeting this time I will give a little review about Dealjoy is a global cashback platform on blockchain and connects online buyers with their favorite traders to provide instant crypto cashback.

Dealjoy can be accessed through our native web and Android and iOS applications. Members can explore

Virtual Dealer's catalog of their favorite traders and get the best deals to get DEAL tokens for purchase. When a customer finds a trader or an attractive deal, they can proceed to the website and start shopping.

BUSINESS MODEL
Our primary business model, from which Dealers can get shared with the members per their eligible purchases.

Get the maximum of 20% of 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 a member, pay outs are carried out in DEAL tokens, Dealjoy will continue to purchase automatically from external exchanges.

Affiliate partners within a month from the commission-titled purchase. To ensure continuous token reserve and liquidity for instant cashbacks, 10% of the total initial DEAL of the token supply is allocated in the com pany reserve.

DEAL SHOP

Our philosophy is to provide freedom of choice to members. Our users can always withdraw their DEAL tokens into their personal Ethereum wallets or exchange accounts, exchange them for other coins, or sell for fiat8 on external exchanges. On the other hand, members may want to save their tokens in their Dealjoy wallet for future use on our platform.

For this user, we introduce DealShop, which will be an important part of the platform. DealShop is an integrated online store, including a variety of products, services, and gift vouchers from our online shop partners. Orders made at DealShop can be paid exclusively in DEAL tokens, providing attractive real-world utilities into the DEAL token ecosystem. Using DealShop does not require tokens to be used for payments that will be obtained through our cashback program; anyone can buy a DEAL token from an external exchange and spend it on DealShop.

RETURN AND RETURN

Affiliate commissions are paid only for orders that are not returned to the merchant or returned because they are damaged in shipping, packages are lost, etc. A typical waiting period for our affiliate partners to approve and pay commissions is four weeks from the date of purchase. The normal practice among existing cashback providers is to charge all cashback payments to the waiting period. This is something we don't want to do, so we come up with innovative solutions to allow instant payments.

Our solution to this problem is an algorithm that analyzes and determines the rate of return that is expected to use advanced data analysis. With the data support provided by our algorithm, the Dealjoy platform will be able to determine purchases that meet the requirements for direct payment after the transaction. Orders with a high risk of return / refund are subject to the waiting period before the DEAL token is given when cashback is opened for withdrawal or further use. A possible waiting period for high-risk orders is carried out to protect the platform from dangerous cash refund activities.

We also make alternative approaches for users who want to get money back instantly after their purchase in all circumstances. The solution is called Dealjoy Plus membership and is explained further in the next chapter.

THE DEAL TOKEN

All cashback prizes will be paid to customers in DEAL tokens to create a simple and attractive way to reward our members for using the platform.

Tokens can be used to make purchases at an integrated DealShop or be pulled into an external wallet. Token DEAL, by default, is stored in the user's personal wallet on the Dealjoy platform.

Because the cashback rate is based on fiat purchase prices, real-time price data from external exchanges will be used to determine the actual amount of DEAL tokens paid to members at any given time. The token value will always and indefinitely be determined by the open market on an external exchange, and Dealjoy will only participate in the exchange market through a repurchase mechanism and a transparent and pre-deterred token burn.

Token DEAL is an ERC20 standard token that is applied to Ethereum networks. This platform was chosen for broad adoption, fast transfer, and low trans-action costs. Using the ERC20 standard helps DEAL tokens to achieve high adoption between external exchanges and society.

Dealjoy token sale.