If you're a cashback lover, imagine how wonderful it is to be able to get your cash back anytime, without minimum requirements, instantly and globally regardless of which shop you buy your stuff. Don't worry, that supposed far beyond reach reality is now coming to you. Let's welcome Dealjoy, the platform that will solve all of your current problems with the traditional cashback mechanism.
What is wrong with the current cashback system?
Cashback is a good thing. I believe everyone agrees with that. Who doesn't like it?
The problem is, there are just too many challenges to redeem your own cashback, to the point that somebody might think it's probably better if they just forget about it. What are those challenges?
First of all, most of the time, it requires a lot of personal information. Most platforms require you to submit key information about your shopping history, emails, and so on before you can redeem your cashback. In other words, you'll have to compromise your privacy in order to get that cash back.
Privacy issues are a major concern for this business. Remember GDPR and Facebook? Online shopping industry isn't so different from Facebook. They use customers data "unethically". You can read the accusation to affiliate industry about how they handle customers data[1]. With the current cashback mechanism, you'll never be free from this risk.
Another problem with the current cashback services is the delay between buying and receiving your money. It takes a lot of time even after you've successfully submitted the necessary details that are needed. Just to get a few bucks, you have to wait for weeks, or worse, for months. It's no secret that we wanted to get what we want as soon as possible, and the bad news is, you won't get it.
RetailMeNot has reported key facts that lead to conclude we have to change the way how cashback is handled[2]. Privacy and speed are what we should aim for.
Dealjoy: Privacy, Speed, and Simplicity as its Core
Infographic about how Dealjoy works
Based on the facts above, I can tell that we (cashback lovers) need a platform where we can enjoy buying things and receive our cashback asap, without compromising our privacy and easy to use. The good news is, Dealjoy can do it for us. (You can read their announcement here: https://bitcointalk.org/index.php?topic=4628510)
With the use of blockchain and cryptocurrency, there is no need for us to face payout problems anymore. We don't have to wait for days, weeks, or even months to get our cash back. As you might guess, we will get our cash back in full because there is no need to pay for fees such as wire transfer and so on. This will remove border limitations to some people who live in a country that doesn't have any support of wire transfer and so on.
Not only that, Dealjoy will act as our 'intermediary' platform that will protect our privacy. Purchases will be done by Dealjoy members straight to the merchant store, without submitting any personal information such as shopping history and so on. You can also find the best deal in this platform so that you don't have to go through the hassle of finding cashback deals from many stores.
Compared to other platforms, Dealjoy surely has a lot of benefits and advantages.
Dealjoy compared to other platforms
Bottom Line
There's more information that you can read on the whitepaper. But based on what I write in this article, we can arrive in this conclusion: Dealjoy is an all-in-one solution for cashback lover, who wanted to enjoy receiving their cashback as soon as possible without compromising their privacy.
The next steps you should do is to check these link below:
- https://dealjoy.io/#whitepaper
- https://dealjoy.io/#token-sale-information
- https://dealjoy.io/#business-model
Have a nice read and see you at my next article!
Note: This article is not a financial advice. The author, Dealjoy and other parties mentioned in this article are a separate entity. The author writes this article based on his own understanding of Dealjoy, readers should read the original document of Dealjoy by themselves. The author shouldn't be responsible for any actions taken by the readers, including but not limited to: joining Dealjoy bounty program, participate in Dealjoy token sale, and etc. The author is a member of Bitcointalk with the profile link: https://bitcointalk.org/index.php?action=profile;u=1275282. Be sure to check my post at Bitcointalk too.
[1] https://www.ucenet.org/wp-content/uploads/2018/03/2017-UCENET-Affiliate-Marketing-Sweep-Report.pdf
[2] https://www.retailmenot.com/corp/static/8643c0/filer_public/6b/31/6b31ada9-d3af-43bf-b756-2e9c5a0dad2c/the_state_of_cash_back_offers.pdf