Dealjoy: Providing Crypto cashbacks for the online shoppers

Overview:
It is a blockchain based platform which provides instant cryptocurrency cashback for the online shoppers, it is aiming to solve the issues in the current cash back system

Challenges in the current cashback system:

Generally, online cash providers provide cashback via different payment methods like bank transfer and third-party payment processors such as PayPal, they charge some commission for the cashback transfers. They will collect customers personal data for transaction and sells to various companies for their revenue, this will be big threat to individuals personal information.
There will be always delay in the cashbacks in the existing platforms, on and average they may take up to three months to initiate the cashbacks

Solution:
Dealjoy came up with the solution for these problems in the current cashback system, it provides instant crypto cashbacks. It is linked with some online merchants and provides best deals for the users.

Working:
Users can choose the merchants on their platform, whenever a user do the transaction with the merchants as soon as vendor confirms the purchase user will get paid in DEAL tokens.
According market research it is found that, companies who are offering cashbacks are experienced high increase in the revenue.

Dealfeed:
Dealfeed is the interesting feature in the Dealjoy platform, customers can browse for their customized deals available in the platform, these specific deals are obtained directly from the merchants.
Dealjoy has its own online store called Dealshop, users can purchase using DEAL tokens earned through cashbacks in the Dealjoy platforms.

Token economy:
Dealjoy issues Ethereum based utility tokens called “DEAL”, which can be used in the internal ecosystem in the platform and payments in the Dealshop.

Token details:
Token symbol: DEAL
Total token supply: 1,400,000,000
Token type: ERC 20
Softcap: $1,700,000
Hardcap: $8,400,000
Crowd sale: To be announced
1 ETH = 40,000 DEAL

Verdict

Pros:
• Website and whitepaper has clear explanation of the project
• Idea of the project looks goods and it seems viable in the future, as it is benefiting both merchants and customers
• Partnered with Liekki Capital, Van Stratum Capital, grass business oy and wh.partners.
• Team members are having decent experience in the marketing and blockchain
• Advisory team looks great, it has members from various industries like business development, finance, blockchain, ICO, IT

Cons:
• Social media hype is poor, its telegram community has only 1.2k+ members
• MVP of the project is not available
• Roadmap is limited and unclear

Team:
TUOMO LAUNIS - CEO & Founder
Tuomo is a serial blockchain entrepreneur with a background in international business and innovative digital services. He is focused on blockchain projects with impactful real-world use cases. Before founding Dealjoy, Tuomo has been managing his crypto mining company, his start-up CoinTrackr.com and consulting various ICO’s and mining operations.

OLLI SOPPELA - COO & Co-founder
Olli is a product-driven project manager experienced in service development and validation process management. He has done his master’s studies in Engineering and Global Energy Markets. Olli’s previous positions in software development and lead engineering roles in various start-ups have equipped him with excellent team management skills.

ALEKSI KINNUNEN - CTO
Aleksi has 13 years of experience in developing and managing web platforms with multi-million userbases. He is a founder and owner of the largest online community platform in Finland with over a million unique users monthly. Aleksi is specialized in developing efficient and highly-scalable web solutions with top-notch security systems

Links:
Website: https://dealjoy.io/
Whitepaper: https://dealjoy.io/files/Dealjoy_Whitepaper.pdf
Telegram: https://t.me/dealjoy
Twitter: https://twitter.com/dealjoyofficial
Medium: https://medium.com/@dealjoy

Bitcoin talk Username -anushkamehta0902
Bitcoin talk URL: https://bitcointalk.org/index.php?action=profile;u=2039767
ETH Address – 0xd1c62C22C078A0C6B1E42F7200F0b082EE81a64a