JOLLY

http://www.jolyy.com/

Abstract

JOLYY has been operating an online beauty booking platform which will be upgraded using blockchain technology. Our mission is to disrupt the existing market for online beauty booking by providing an innovative and highly effective beauty booking platform.

Our aim is to solve significant problems such as lack of efficiency, high commissions, and unreliability. Our platform will also introduce cryptocurrency in the beauty sector and its advantages over the traditional ways of payment.

We believe we can provide the beauty market with a secure, trustworthy and efficient platform, which will be beneficial for all parties — from industry representatives to their clients.

Introduction

The beauty market in Europe is generating revenues of over 100 billion EUR per year. While many other businesses are totally digitalised, this sector is still in the 20th century and most entrepreneurs are using telephone, pen and paper when organising their schedules with clients. The inefficiencies this brings are already generating losses.

JOLYY was founded in 2016 with the idea to implement and improve the business models for online beauty booking across Europe. In the very beginning, we understood that the existing platforms are imposing 20% commission for each reservation. This was an unrealistically high commission which couldn’t be rationalised. Our ambitious team decided that we can cut a large chunk of the expenses. While developing the project, we encountered many shortcomings — some we’ve managed to improve, others are still on the road. Our search for solutions led us to the decision to use blockchain technology, allowing us to realise the idea for online beauty booking platform on a global level.

JOLYY is proposing a smart solution that will digitalise the business and is more effective than any existing solution. We have already gained popularity on the local market with the first version of the platform. The team is now focused on upgrading the platform to a next generation and we believe this will provide all stakeholders in the beauty industrywith totally new experience and will place our product as number one booking platform for beauty services.

Summary

From the above, it is evident that there are many shortcomings in the existing beauty booking platforms. This is to show that a general change is needed to realise the idea for entirely online beauty booking. That means that the time has come for an impactful disruption of that landscape, and this is where beauty booking platforms such as JOLYY come in.

With our new solution, Salon managers will:

• have full access to the information concerning their rating in the platform;
• receive a feasible product that will digitalise their schedule, save their time and eventually will cut costs;
• receive on-line payments immediately;
• pay much lower price for the whole service. Clients will schedule online their beauty procedures with Jolyy because:
• the platform is a one-stop-shop for all beauty services and salons nearby;
• Clients will have the opportunity to pay in cryptocurrency as well;
• Clients will receive JOY in their e-wallet as a reward for active participation, such as adding new beauty salons, writing reviews and comments, recommending to new customers and salons.

Clients will be able to convert JOY in cash or services or sell it to advertisers and ecommerce product vendors in the platform.

The Beauty Social Network

JOLYY is the first to offer a social platform in this industry.

We are planning to develop an additional feature for our clients — a social network JOLYY live. This option is rooted in the present version as well. JOLYY live will be the social place where vendors will be able to upload pictures and comments of what they have done in their salon on a daily basis. The users can like them, make comments, follow vendors or other users and upload and share pictures. The JOLYY live network will allow advertising payed with JOY (for example: brands will advertise and position products with us and will pay with JOY, which will produce additional demand and increase the market price of JOY by ).

JOLYY Store

JOLYY will not only connect beauty experts and customers, but we aim to be the first platform that also connects beauty experts and cosmetic companies. At present, beauty salons and experts are buying the needed cosmetic products from trade representatives of big cosmetics producers like Avon, L’Oreal, Estee Lauder, Braun, etc. Through the development of the database of vendors and the implementation of JOLYY Store we will affiliate the leading brands to offer their products directly to the beauty salons. Thus we will shorten the supply chain, which will inevitably positively influence the price of the offered products. Our aim is to develop and popularise a transparent and specialised marketplace for the beauty industry. We will provide the same opportunities to the smaller brands, which do not have to spend a bunch of money on advertising and shelve space anymore. The payment transactions will be made with JOY.

JOLYY (JOY) Token

1. JOYs will be used as a payment method in the platform and in the JOLYY Store

Customers can get JOLYY in the following ways:

• buy it from a cryptocurrency stock exchange
• buy it from the JOLYY platform
• buy an offline or online gift certificate
• earn JOY by giving ratings and making comments for salons or by other games and promotions on the platform
• earn by booking appointments through the platform. Statistics will be generated for every user regarding their bookings, etc., where there will be monthly winners, etc.

2. JOY — as a payment transfer method.

When booking an appointment, customers will be able to choose between wallet payment and debit or credit card payment. In both cases, payment will not be performed upon booking. Instead, a smart contract will be concluded and later activated at the time of the appointment. The application will remind the professional for the payment. After the professional requires the payment, the customer will confirm it from his or her application.

3. Bounty and awards for users when using and contributing for the development of the platform

The project will have JOY allocated for this in advance. Anyone who wants to obtain funds in this way will be able to suggest salons to join our platform. Upon registration, salons will enter a code provided by the respective person. This way, his or her profile will get connected to the outlet. A smart contract will be generated, through which the person will automatically receive a certain amount of JOY upon reaching the salon’s milestones: 10 bookings, 100 bookings, 10 comments, etc. This will allow students, etc. to make money in their spare time by helping the platform grow.

4. JOLYY STORE — a store only available to outlets on the website.

Cosmetic producers will be able to market their professional products there at salon prices. The idea behind this is that producers will gain direct access to a channel that ensures communication with end consumers of their product lines. Thus, even a small producer will be able to easily present their products to the precis audience they want to reach globally. The alternative would be a global advertising campaign, which is most often impossible. JOY will be implemented through smart contracts. Payments will be executable directly in JOY, as well as in other currencies. However, parties will be able to conclude smart contracts based on which payments can be broken down to daily fees or be fully automated. Therefore, once having concluded a supply contract with the respective producer, salons will neither need to pay the supplier in cash nor make bank transfers. Instead, the required amount will be transferred from their wallet at the desired interval. All this will be controlled by smart contracts. It will all happen in the same way as in Item 2 — peer-to-peer.

5. Advertisers will be able to pay in JOY at JOLYY.com at a fixed rate (explained below)

Value proposition for JOY holders

1. The development of the overall ecosystem of demand and supply.
2. Visits to our website. Fixed price of advertisement on the platform website for JOY owners.

HELLO GUYS GO JOIN THIS ICO, I BELIEVE, YOU AND ME WILL BE A SUCCESS…!!

Fore More Information: 

• WEBSITE : http://www.jolyy.com/
• BOUNTY THREAD : https://bitcointalk.org/index.php?topic=2430807.0
• ANN THREAD : https://bitcointalk.org/

AUTHOR: Mario222

My Bitcoointalk Profile Link: https://bitcointalk.org/index.php?action=profile