Deal No Deal
This is a tech product, delivery and fulfillment by the seller, sales and marketing by the consumers.
Blockchain and smart contracts are the foundation of our tech for transparency, immutability and security.
Assurance of instantaneous payment upon delivery.
How does it work?
- Groups come together to benefit together
No learning is required to form these groups
(as simple as creating a What's App group).
Participants commit to the deal by pooling in their share
If volume buying targets to get volume
pricing is achieved, the benefits accrue to
Merchant will deliver the product/ service individually to group members Based on delivery, the smart contract is executed to transfer the money to the seller instantaneously.
If the volume buying target is not achieved, the merchant may still choose to agree to volume pricing. If not, money is immediately returned to the participants.
Why we believe this will be the next big thing
- Increasing penetration of digital transactions in India.
- Unordered list with dots
- Independent piece of software working on its own.
- Multiple Bank’s interests to work as a partner (Trustee Bank).
- 1st of its kind platform which facilitates the “Real Group