Post
Topic
Board Tokens (Altcoins)
Re: 🌟🚀 [ANN][PRE-ICO] Sandblock – Customer Satisfaction on the blockchain 🚀🌟
by
bonghip
on 04/11/2017, 04:04:56 UTC
— Sandblock —
The first worldwide loyalty coalition of merchants and customers



|     WEBSITE     |     WHITEPAPER     |     TWITTER     |     FACEBOOK     |     TELEGRAM     |     SLACK     |

Customer satisfaction is one of the key metrics for any business strategy. But right now, the whole relationship between businesses and customers is unbalanced, and it harms both sides. Businesses which provide good products or services often fail because they do not get discovered by enough customers, or because they cannot engage them properly through loyalty programs, while bad business can coast for a long time if they game the system well.

Project Mission

Sandblock's goal is to balance and redefine the relationship between businesses and their customers by building a decentralised protocol to define, measure and improve customer satisfaction in order to benefit both sides.
Sandblock’s protocol implementation aims at motivating widespread crypto payments adoption by building a trustable decentralised system which rewards customers for their engagement and loyalty.
The core protocol behind Sandblock is built on top of the Ethereum blockchain. It uses the blockchain technologies to prevent fraud, malicious actions, and verify transactions to ensure that each actor in the ecosystem gets rewarded as intended.










Token Use and Distribution

Satisfaction Tokens (SATs) will be actively used for rewarding client and offer services to merchants.
They will be created during the crowdsale at a specific Ether (ETH) based rate. The total supply will depend on the total amount invested by contributors and the moment of the contribution.
Once the crowdsale finishes, the maximum supply of Satisfaction Tokens will be fixed and immutable.


Token pre-sale through Whitelist program will run before the token sale:
The minimum purchase is 1 ETH (no minimum purchase during the public ICO).
All pre-sales will receive a 50% bonus.
To apply please register on https://sandblock.io/contribute

Distribution of emitted tokens is as follows:
  • 50% Pre-sales & ICO
  • 30% Partners incentive
  • 12% Team & Advisors
  • 8% Bounty campaigns

Application of Raised Funds

The funds raised through the ICO will be applied in the following ways over the course of the next years:

  • 50% Development – Research, engineering and testing associated costs of all the components required for the Sandblock ecosystem to perform such as the protocol smart contracts, the mobile, web and desktop applications and the different plugins, widgets and other integrations
  • 17% Marketing & Communication – The marketing and communication budget is dedicated to increase the adoption of the Sandblock applications, cryptocurrencies payment adoption, the Sandblock ecosystem awareness and everything that could increase the quality and dimension of the network
  • 13% Sales & Partnerships – All the costs associated with the development of the Sandblock partner network, the other strategic partnerships with exchanges platforms, payment providers,  marketing research agencies or other future business association and opportunities
  • 8% Legal & Compliance – The Sandblock team is committed to abide to local regulations which - regarding cryptocurrencies - are constantly evolving, the legal and compliance budget covers all the associated costs to be in accord with those regulations such as company local incorporation(s), taxes compliance and audits
  • 12% Operating costs – Various incompressible daily costs such as the server hosting costs, subscriptions to divers service providers, recruitment costs, office expenses and other daily operation costs


SIDE NOTE: this is not a self-moderated thread, hence: we accept critics and suggestions, as well as questions and clarifications. But we do not accept fools, FUDs or offensive statements to Sandblock, at least before launch.

Good project. Perhaps the biggest advantage of Sandblock is that the transaction between the customer and the merchant is clearly verified, this does not need fear of fraud. How long will the project run?