AutoToken
Good evening, dear friends.The IAC automated platform is a 3-in-1 concept that is capable of being a payment system, cash back service and affiliate program. What are the principles of its operation, the type of token, how it is beneficial to business and ordinary consumers – further in the article.
How does IAC work?
The table below shows all the stages of the system operation with the consumer and commercial enterprise. Knowing them, You will have a clear idea of its features and capabilities of the participants:
Through its own payment system IAC user can pay virtual funds from the LC, earn participation in affiliate programs and improve their status within the platform. It is not difficult to guess that the "affiliate" has a number of unique properties, including:
Getting earnings through the inclusion of referrals in the system and receive interest on their purchases. For attracting commercial enterprises, the user is also awarded a cash bonus from their turnover.
Multi-tiered system of recommendations. The percentage of cashback from the total volume of consumer purchases can be distributed to 9 levels from those people to whom the user recommended this platform.
In addition, a significant advantage of the IAC system is the fact that it is a full-fledged business model that does not require significant cash investments. Thanks to such development as the automated IAC platform, there is a reliable solution to the problems of the business industry. There is an optimal balance between the goals of the business and the consumer. The blockchain guarantees a high level of security and transparency.
The token system. Coin
On the IAC platform, the Auto Token (Ethereum ERC20) operates, in which a role model, protective mathematics, as well as functions of automated sales and maintaining communication with the current payment system is "built". It is a discount for the purchase of Auto Unit (AU) and is equal to 1 dollar. Auto Token held in the user's account to the date of accrual of AU, and then be destroyed. Auto Unit is the base coin with division of 105 subunits and is based on the Graphene blockchain platform (Bit Shares 2.0). The elements of the system include:
Delegates. They collect transactions, form them into blocks and send them to the network. Delegates are entitled to remuneration from the reserve pool for such functions.
The Committee is responsible for changes in any network performance (e.g. block creation speed) and is the administrative resource of the AU network.
Voting is an important procedure by which all elements of the system are determined and selected. Coin owners have the right to vote (choose a member of the Committee or delegate), as well as "transfer" their vote to the owner of such a coin.According to the statistics of American experts indicators world cashback in 2015 reached $80 billion As shown by the study, more than 30% of the respondents would have made a purchase in the store in the presence of a cashback service (CS). Whether consumers and the business sector really need CS, what are their prospects in Russia and why the IAC platform can become the strongest competitor-read our article.
Russian reality
In America, cashback services have long been quite commonplace. While the average citizen can save up to $1 thousand In our country Bank card with "built-in" cashback have been actively used in 2007. Now imagine the scale of the spread of CS now: monthly about 20 million people make at least 1 payment on the Internet, of which more than 50% do it with a Bank card.
The last decade has been marked by a sharp increase in e-Commerce (e-commerce), and the banking industry has long been beyond the limits of the use of CS. There was a separate business direction where the main driving force is given to cashback-services which help to return to users a share of the spent means for Internet purchases. The realities of the Russian market are such that now there are about 100 CS, and the leading ones are recognized - ePN, Megabonus, Kopikot, Letyshops.
Every month LatyShops provides its partners (more than 1 thousand stores) with a cash turnover of $20 million, approximately 1.5 million goods are sold each month using cashback. Megabonus.com brings profit to 160 markets in the amount of $17 million through the monthly sale of 1.36 million goods. If you get acquainted with the conditions of shops, you will learn that these CS help to return up to 40% of the cost of purchased goods and services. For example, the most advanced users Megabonus.com acquire up to 1 thousand. goods annually, providing a cash refund of up to $100 000!
There has been concern about e-Commerce from the very beginning of the business. For example, the cost of securities of the company Racuten (Japan) in 2014 declined sharply by 4% as soon as she wanted to buy KS Ebates.com. According to analysts, the bold, the deal was supposed to be an end to the activities of the enterprise. However, by mid-2017, users made purchases of more than $1 million through the specified cashback service. It is hard to believe, but according to the latest data, this figure has exceeded $2.32 million.
It is safe to say that for the Russian and world markets, CS presents quite attractive prospects. This is evidenced by the fact that the IAC system is not only a cashback service, but also a repository of unique features of "partners" and the best features of payment systems. Therefore, this platform has a high chance to beat the strongest rivals in the competitive battle on the territory of the Russian market.
The table below shows the Russian CS:
An overview of the qualities IAC platform
Like any decentralized platform, the IAC system has its advantages and disadvantages. Let's get acquainted with them in more detail and start with significant advantages (internal environment):
the current customer base and shopping-partners;
interaction with the stores outside of the Internet;
multi-level " affiliate program»;
increasing the e-Commerce market;
linear affiliate program;
low percentage of people getting acquainted with existing services.
In the external environment, there are the following difficulties:
undeveloped channels of interaction with a potential client (SMM, sites," mail " marketing);
insufficient financing of the company's promotion;
slow connection of new stores and partners;
low involvement of the audience and a small affiliate network in comparison with the large systems;
the emergence of associations with MLM companies;
low recognition in the market industry;
high level of competition in its segment;
the presence of major players on a Federal scale.
Additional information:
Site - https://www.auto-club.io/ru
Whitepaper - https://drive.google.com/file/d/1Sf1a-mMDrcNOEYGXuERSk1yhkILRGfyY/view?usp=sharing
Bitcointalk ANN Thread - https://bitcointalk.org/index.php?topic=2775378.0
Telegram - https://t.me/joinchat/HIhx0xJ9Vj0GLBwNiCsREA
Twitter - https://twitter.com/AutoUnit2018
Facebook - https://www.facebook.com/AutoUnit2018IAC
Medium - https://medium.com/@autounit2018
Reddit - https://www.reddit.com/user/AutoUnit_2018
Instagram - https://www.instagram.com/autounit_2018
VK - https://vk.com/club159877633
YouTube https://www.youtube.com/user/izeoru.
Author: https://bitcointalk.org/index.php?action=profile;u=1725951
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