Aug 3 2018
As the information and technology progress, there is a lot of human advancement that has been felt by the humanity itself, and one of them is the online shop revolution. The online shop is genuinely revolutionizing the way of personal shopping since the traditional shopping is very different since it utilizes the technology and the proper equipment, whereas the traditional shopping will involve a large building that acts as a store and the warehouse. It means that the store needs to be more significant for the store to have more goods and so forth. This is very inefficient since the store needs to be big enough and then the merchants need to spend a lot of money to open their shop. The customer also needs to come to their shop and purchase their goods directly, which the store could not have since the store won’t have everything due to the size and the capital.
But that is only not happening in the world of the online shop. The online shop platform such as the Alibaba and the Amazon is merely the collection of the smaller online shop which sells everything, from the electronics stuff to vehicles, and so forth. Those shops will almost have anything that is wanted by the customer, and the amount will be tremendous so that the customer will have many options and choices since the online shop consists of so many merchants and vendors. The customer also will be able to shop there with just a swipe of the hand, and the goods will be then delivered to the customer’s place via delivery express. That is a very convenient way to do some shopping.
But even if those mechanisms already seems flawless, there are a lot of issues that are now still plaguing the online shop system and thus reducing the experience of the user to shop via online. These issues need to be resolved as fast as they can to make to encourage more user to do some online shop. Here are the issues of the online shop that we faced recently.
- Trust issue
This issue related to the goods and the information that is contained in the goods itself. As we can see, the goods in the online shop will be described by the merchants, and that information is the only way to know the quality of the products itself. There are some people out there who put an inaccurate description of products and thus making the customer disappointed or even shocked as they have already received the goods. Those issues are very damaging to the whole online shop ecosystem as it makes the people less trusting to the online shop and thus makes the people avoiding the online shop and returns to the traditional shopping.
- Complicated cash back mechanism
The cash back features are probably one of the essential features of the online shop that has successfully attracted so many people into shopping in the online shop. This is because the cash back will allow the people to gain money while shopping and the people can use that money to shop more. That is brilliant, but unfortunately, there are several complications on the issue, and one of them is the mechanism itself. Up until now, the mechanism of the cashback has been very limiting as the customer need to spend a minimum portion of their money to get their cash back. The cash back withdrawal also will take a long time since the user can only redeem it after 2 or 3 months per transaction. That is quite tedious and therefore need to be set correctly by the other platform.
- Centralized transaction
The transaction that has already occurred in the world of online shopping is quite convenient but still is centralized which are using the banking system. The user will need to send the money via their ATM, be it mobile or physical ATM to the merchants. There is no a single platform that can store the money in their app so that the customer doesn’t have to send the money via the bank. This way, the mechanism of the transaction will be much decentralized and therefore make the user more convenient for receiving and purchasing the goods. Having an own currency or the ability to store the money in an app is a significant boost for the people to shop more.
- Data selling
When a big data has been collected by the platform, they are tempted to sell it to the highest bidder so that they can have more money, be it for the platform or themselves. That is outrageous since they are selling the private information that exists in their platform concerning the purchase patterns of a satisfied customer to know the existing trends. This kind of market research practices has been denounced and condemned by so many people and therefore need to be stopped at once. The platform needs to respect the privacy of their customer, even if the customer doesn’t seem aware that their data is being sold to the bidder.
Online shop is just like the heaven for all the shoppers, as they will have so many things inside the online shop, from the humble clothing to the expensive cars, etc. the staggering number of the online shop and the merchants also help the customer in providing the variety of the goods that exist within a platform. The ecosystem of the online shop is somewhat useful since it has already been decentralized from the very first time, but still, it needs a lot of work to improve the ecosystem. Today, the improvement already comes in the form of the new third party platform called the dealjoy.
For more information concerning the current online shop issue, you can visit here.
How Dealjoy Tackle The Existing Issue
As we have mentioned above, there are so many issues that are revolving in the world of an online shop, and dealjoy won’t address them all since it has a massive amount of requirement to do so. The dealjoy will resolve the two most prominent issue, which is the transaction mechanism and the cash back. There are also a lot of features that dealjoy will offer to the people to maximize their online shopping experience and encouraging the whole ecosystem. Dealjoy itself is a blockchain supported platform that has their token and ecosystem which are directed to help the customer benefit more while shopping online.
Dealjoy is the third-party apps that have been integrated into several big online shops such as the Amazon, Alibaba, Microsoft, Nike and so forth. As you can see, there are various shops that as already existed on the platform so that you will have the right amount of options while shopping there. Here are several features that are offered by dealjoy to the customer.
- Credit storing
This issue has been addressed at first, as the inconvenience of the customer to do some transaction since they need to go to the particular ATM and then pay the merchants. This app will have the ability to store your money inside, in the form of the token and the fiat currencies so that in the time you want to make a transaction to a particular vendor; you don’t have to go to the ATM since you can pay there directly. This kind of mechanism is already owned by the multi-transaction platform, and therefore this platform will utilize these features for the benefit of their customer. The customer then can shop conveniently and instantly since they can directly pay for the merchants using the money that has been inserted to the apps.
- Instant cash back
Cashback is what the people want in the term of an online shop, and that is what the platform offers, which is the instant cash back. The cash back will be received instantly and without any constraints such as the minimum amount of money that needs to be spent by the customer to have their cash back. The cash back will be received in the form of the deal token, and the token can be used to purchase something in the deal shop that can be accessed by the user. This makes the user will be able to shop more as they receive the cash back almost instantly in the time they already received the cash back.
Dealfeed might look just like the app tracking that is employed by the big companies, but that is a very different thing since this features operate using the algorithm that automatically actives once the customer has already interacted within the platforms. Dealfeed is the ability for the platform to know and suggest about what kind of goods that are desired by the user based on their recent activities and their recent purchases. It is just a suggestion though, so it will have no consequences at all, as the user can also search the goods for themselves outside the suggestion. There is no tracking app or broad survey question that might offend or reveal the secret of the customer.
- Privacy guarantee
The privacy is the most critical thing in the online world today, as many people are exposed to the internet world. The platform will not have an extensive question when someone decides to make the account in the platform, As the platform will only ask the questions about the email and the nickname that the user wants to have. That simple question is all that is takes for a person to enter the ecosystem of this platform without having to enter their address or phone number, etc. which are a breach of privacy.
Besides those features, there are a lot of features that can be accessed by the user when they join the ecosystem that will surely benefit the user themselves. For further information concerning the platform, you can refer to the web pages here.
Deal Token Usage And The ICO
As you already know, the platform also issues the token as they are integrated into the blockchain system. There is two kind of usage of the token, and the first of all is apparently to buy stuff from the dealership. The token is also the cash back that will be received by the user so that they can store it in their wallet and use it to purchase goods. The dealership is also will allow the user to pay the stuff using the token and therefore the token will have the practical use which is very good.
The second usage of the token will be to upgrade the account into the dealjoy plus, or the premium account which will have several significant advantages such as the amount of token that will be received in the form of cash back, the rate of cashback payment, and so forth. Having the dealjoy plus is genuinely a long-term advantage, and therefore it is better to upgrade the account into premium dealjoy. Upgrading the dealjoy will spend the token, and that is another reason to purchase the token in the ICO phase.
As the ICO, typically three kinds of ICO are recognized by the platform, which are the seed or the private sales, the pre-sales and the public sales. Unfortunately, the website and the white paper has not yet released the exact date of the sales, but we do know that the sales will occur in late 2018, which is around November to December. And as for the cap, there will be 1.7 million USD soft cap, and 8.4 million hard caps. The total token supply is about 1.4 billion deal token, where 70% or 980 million token will be used in the sale, as the rest of them will be distributed to several parties such as the developer team, the strategic partnership, and the marketing team. If you are about to join the whitelist, then all you have to do is wait and stay tuned to their websites as they will announce it soon.
For further information concerning the token usage and the ICO, you can refer to the web pages below.
Posted by kurniawan05