There can be multiple situations that require the cancellation of the transactions. They will proceed as follows:
- If the Traveller cancels the deal before the flight, the funds return to the Sender. The Sender receives a push notification with a suggestion to pick other Traveller (if any exist).
- If the Traveller cancels the deal after the flight then the funds return to the sender. The Sender receives a push notification and becomes the Recipient. The Traveler should return the package backward. The Sender can report the current Traveller to the police in case the package is not received back.
- If the Sender cancels the deal 48 hours before the flight - 80% of the funds return back, 20% go to the Traveller, with the exempt of AdvenME platform fee.
- If the Sender cancels the deal 24 hours after the flight - 60% of the funds return back, 40% go to the Traveller, with the exempt of AdvenME platform fee.
- If the Sender cancels the deal 5 hours after the flight - 30% of the funds return back, 70% go to the Traveller, with the exempt of AdvenME platform fee.
- If the Sender has not delivered a package to the Traveller to the agreed place and in time, the Traveller can report the current Sender. In this case 30% of the funds return back to the Sender, 70% go to the Traveller, with the exempt of AdvenME platform fee and the Sender receives one negative point.
- If the Traveller did not appear at the agreed place on time and did not deliver the package, the Sender or the Recipient can report the current Traveller to the police. In this case 100% of the money remain in the Sender’s wallet.
It is planned to list the AdvenME tokens on Poloniex and Bittrex at the start of the ICO.
When the application is released and promotion company starts we expect the token price to rise along with rising the amount of users. After the ICO ends we plan to list the token on other major cryptocurrency exchanges.
What do you say? Does this idea seem interesting and promising to you? Do you have any questions or concerns regarding AdvenME? Please let us know in the comments below!