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 in-creasing 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 pur-chasing power.
Dealjoy will use 1% of
revenue to buy tokens for burn-ing. 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).
Maximum total supply of
DEAL is 1,400,000,000 and no more tokens will ever be issued after that. All
unsold to-kens by the end of the token sale period will be permanent-ly burned.
Funds allocation
The
tokens allocated to the team are subject to a vesting period of 36 months. The
advisor tokens will be vested for 24 months. Tokens will be released gradually
in equal shares during the periods.
KYC
KYC (Know Your
Customer) is an identification procedure that we need to follow in order to
respect the local laws. All contributions are subject to KYC, which will be
conducted before contributing to the token sale.
NON-ELIGIBLE
COUNTRIES
Residents and citizens
of the following countries are not eligible to participate in the Dealjoy token
sale:
Algeria, Bangladesh,
Bolivia, China, Ecuador, Ethiopia, In-donesia, Iran, Iraq, Jordan, Kyrgyzstan,
Morocco, Nepal, North Korea, Serbia, Sri Lanka, Syria, Trinidad and Tobago,
Tunisia, USA, Vanuatu, Yemen.
LEGAL
The DEAL token sale and
platform are under the legislation of Malta, a member state of European Union.
The company is named Dealjoy Ltd. Our lawyers are WH Partners Advo-cates &
Solicitors.
CONCLUSION
The technical
advancements always created a better alternative to almost every traditional
policy in practice but they also need minute improvements to emerge as the
best. The traditional shopping's transformation to e-commerce created a lot of
markets but was unable to gain the trust that its predecessor had. The problems
of data insecurity and higher transaction fees always haunted the platform.
Dealjoy came up with an innovative and pleasing solution that engaged the cash
back tradition and brought down the transaction fees. The data security was
also authorized with eliminating the need for personal information, thanks to
the contemporary usage of Blockchain technology. Dealjoy is a platform to try
and a shopping mate to take with on your next shopping expedition.
Bitcointalk Profile Link : https://bitcointalk.org/index.php?action=profile;u=2184023;sa=summary
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