Gift Jeenie

Gift Jeenie

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Security Type
Equity
Categories
Technology
Min Investment
$100
Location
Buffalo, NY
Offering Date
July 31, 2018
Expected Close Date
October 30, 2018
Target Raise
$10.00K-$107.00K
Deal Notes
  • Type of Security Offered: Series B Common Stock
  • Purchase Price of Security Offered: $2.50
  • Minimum Investment Amount (per investor): $100.00
  • Maximum 42,800* shares of Series B Common Stock ($107,000)
  • Minimum 4,000 shares of Series B Common Stock ($10,000)
Valuation
$2,600,000

Company Description

Gift Jeenie combines the best elements of Ebates & Pinterest. It's a shopping marketplace & cash-back loyalty platform powered by blockchain. Through Gift Jeenie's "intended" use of blockchain technology, users will get cash-back rewards on their purchases, securely and quickly. With so many eCommerce and brick-and-mortar retailers, each store has their own loyalty program that is specific to them. There are too many cards and too many programs for shoppers to engage in. Gift Jeenie disrupts the loyalty program industry by offering a single loyalty platform across all retailers. As a retail marketplace, Gift Jeenie builds relationships with shoppers and retailers. In a few steps, shoppers are able to personalize their shopping experience. They only see the items that interest them and the retailers they want to shop with. Gift Jeenie shoppers get the benefit of being able to create a Wishlist. You might see things you like and never remember where you found them. Gift Jeenie catches all the things you like, across multiple retailers. Gift Jeenie users, can share their Wishlists with friends and family via their preferred social media channels. Loved ones can view these lists and give the gift they know will be cherished. For retailers that want to be a part of the Gift Jeenie eco-system, get insights and understanding into a shopper's intent. With Machine Learning operating in the background, the app learns a consumer's behaviour. It will tailor deals and display products the consumer would be most interested in, increasing conversion rates. Loyalty remains a big challenge for both retailers and users. For retailers, it's user retention. For users, it’s the inability to use their loyalty points across multiple retailers. Blockchain technology can be leveraged to reinvigorate customer loyalty programs by offering users the ability to redeem rewards with any e-retailer. (Deloitte, 2018) Gift Jeenie is looking to solve this challenge by building one of the first cash-back programs built on blockchain in North America. We already have the users and retail partnerships in place, and we are leveraging blockchain to monetize our user base. The retail industry is already looking to move in this direction. Japanese eCommerce giant Rakuten announced earlier this year their intent to convert their $9 Billion loyalty rewards portfolio into blockchain-powered rewards (TechCrunch, 2018). It is speculated that Amazon will make a similar announcement later this year. (Bonner and Partners, 2018) Loyalty programs are ripe for a disruption and through our use of Blockchain and AI, Gift Jeenie will provide just that. Gift Jeenie already has an exciting number of users and traction. We are looking to continue our growth by changing the online retail marketplace by building one of the first cash-back programs in North America powered by blockchain.

Perks

Every investment (min $100 USD) will receive a: "Within Good" Reminder Bracelet (Value of $30). 50% of all Within Good proceeds goto Charity. Within Good is a initiative by Anthony Samadini & Maryum Ali (eldest child of Muhammad Ali).
Every min $100 USD investment will also receive a: Wardrobe Starter Kit from Alynn Designs
Every minimum $200 USD investment will receive a: Nomad Lane "Just Go" All-in-One Passport Wallet. (Value of $44 USD)
Individual Investments exceeding $5000 USD will receive a: WWE Superstar VIP Experience Package (value of $750 USD), A Premium Ringside Seat, Meet & Greet and Autograph Opportunity with WWE Superstars, Exclusive Limited Edition 2018 WWE Souvenir Event Chair, Three New Exclusive VIP Merchandise Items, Limited Edition 2018 Autograph Book, Matted Superstar Collage, Commemorative VIP Ticket with On-site Greeter

Key Deal Facts

8,000+ downloads
1,774 average monthly users
52% of users created a wishlist
23% of users have shared a wishlist
Gift Jeenie has multiple revenue streams as a retail optimization tool, data engine and a cash-back powered by blockchain
Gift Jeenie is being featured in a brand new, start-up reality series airing worldwide this fall
Digital media partnerships with Oath.com
Affiliate relationships with Amazon, CJ Affiliate, Rakuten, Flex Offers, Viglink and over 200+ retailers
Partnership with Jerry Media (http://jerrystudios.com/influencers/) and access to their 40M+ followers

Use of Proceeds

  • Grow our user base via digital marketing and advertising. We will anticipate spending approximately 40% of the proceeds for this purpose.
  • Software Development 30% of the net proceeds will be used to build our cash back users Blockchain software as well as improve and maintain the present infrastructure.
  • Operational cost will make up the remaining 30%.

Management Team / Advisory Board Bios

Vikram Chopra
CEO, Cofounder, and Director
Pathfinder and hustler, Vikram specializes in taking concepts to market, having launched several successful products and driven strong user acquisition for multiple tech startups in the consumer, retail, mobile, technology and fin-tech space. Prior to Gift Jeenie, Vikram cofounded and successfully exited RoundAssist, a start-up in the cloud computing and professional IT services space. A black belt in both judo and pizza eating, he is currently starring in a startup reality TV series.

Jeenie USA Inc
Gerard Maynard
COO, Cofounder, and Director
Gerard Maynard brings over 20 years of experience in developing and implementing new technologies. Gerard started at the 407 ETR the world’s first all-electronic toll highway, where he help design and implement the world’s first all-electronic toll highway. After which Gerard founded Alliance Technologies www.alltec.com in 2000 where he identified new, up and coming technology trends and deployed these technologies into the Retail and Software verticals. Gerard made a successful exit from Alliance in 2015 to join Gift Jeenie full-time. In Gerard, Gift Jeenie as a team member who knows how to turn a startup into a company and a company into a business. Gerard is also a Yoga Enthusiast and amateur chef.

Deal Notes

  • Type of Security Offered: Series B Common Stock
  • Purchase Price of Security Offered: $2.50
  • Minimum Investment Amount (per investor): $100.00
  • Maximum 42,800* shares of Series B Common Stock ($107,000)
  • Minimum 4,000 shares of Series B Common Stock ($10,000)
Amount Raised : $26,453
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Equity is a stock or any other security representing a direct ownership interest.

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