UNIVERSAL RECOGNITION TOKEN (URT) - Monetizing the Unwanted Corporate Gift Market

in #bitcoin6 years ago

Hello everyone, If you are interested in joining the URT project, it is a good idea to read reviews that can help you get information that might help you in viewing their mission vision:

About Universal Recognition Token

American corporations spend over $46 billion each year on employee gifts to be awarded via employee recognition programs that acknowledge outstanding employee achievement. Typically, these gifts come in the form of gift cards or merchandise. Although some employees receive gifts they want and appreciate, a not insignificant amount of the time these gifts are seen as unwanted or undesirable by employees.

Consequently, many gifts are discarded altogether by employees. We propose to monetize the market of unwanted corporate gifts by matching those gifts with individuals wishing to purchase them using blockchaintechnology such as smart contracts. Employees will be able to liquidate their unwanted gifts for cash or marketplace points (at the employer’s option) and do in an immutable and traceable way; value realized by gifts in this manner can be spent on alternate gifts or saved toward a future gift of greater value (employee’s option).

Background

Employee recognition programs are an old feature of the company's workplace. Most expenses for corporate recognition come in the form of prizes - especially gift cards and merchandise - to celebrate events such as:

Event

  • Achievement of sales quotas
  • Years of service
  • Birthday
  • Promotion
  • Project Milestones
  • Corporate Values
  • Personal achievement
  • Fitness
  • Day of establishment of the company
  • Reference incentives for recruitment
  • Deal / Task Deal

Holiday

  • Christmas Day
  • End of year
  • Valentine's Day
  • Employee Appreciation Day
  • anniversary
  • Mother's Day
  • Father's day
  • Independence Day
  • Labor Day
  • Halloween
  • Thanksgiving

The company's expenses for this category are very significant. in the United States alone, the company spends $ 90 billion a year on employee recognition according to Deloitte.

Problem
Most of the prizes given do not match what the employee really wants. This is because the HR department can not predict what each employee wants, especially as the number of offices and employees increases.

MOST CARD GIFTS AWAY IN UNREDEEMED

Block-based introduction is the future

Liquidity
Most of the prizes given do not match what the employee really wants. This is because the HR department can not predict what each employee wants, especially as the number of offices and employees increases.

Stackability
Because the URT is permanently and unchanged stored in Blockchain, the token value never expires. This means you can collect smaller prizes that otherwise would be meaningless to be something more meaningful, like a dinner or a trip. It can follow you for life, even if you change employers.

Better Gifts
Currently, the company's HR department chooses rewards for all employees. This is challenging because employees have many different tastes and are geographically dispersed across multiple offices. As a result, they usually choose boring or generic gifts (eg Starbucks gift certificates or watches). People get used to this gift - in 2018, they are not too impactful.

Often many of the best gifts are local and boutique, not generic. Dinner at a great restaurant in your town, ticket to a local sporting event, or go to see a show played at your local theater. The Central Human Resources Department can not know all the great prizes, in all cities, all the time - too much work.

However, with blockchain, we will have public data whose prizes are highest in demand. This means we can have more gift vendors sending gifts and the system will automatically notify the company to increase the quantity and buy more prizes in demand and out and buy fewer less impactful gifts.

Token Details

SYMBOL: URT
CATEGORIES: HR-tech
TOKEN PRESALE PRICE: $ 0.08
TOKEN PRICE CROWDSALE: $ 0.12
SOFT THINGS: $ 3,000,000
HARD TOPI: $ 35,000,000
TOKEN SALE: 437.500.000
TOKEN SUPPLY: 875,000,000
PERON: ERC20
ACCEPT: ETH, BTC, Fiat
BONUS: Tiered, from 50% to 5%
DATE SHIPPING

  • We plan to submit all contributions within a few weeks after crowdsale closure - Any overken tokens will be burned after the token sale.

  • At launch, there will be 850 million tokens (or slightly smaller because unsold tokens will be burned). We sell 50% token (437.5 million) between pre-sale and public sales, and will distribute tokens immediately after the close of public sale.

Roadmap Products

You can find out more about the platform or participate in their sales crowd through the following links:

WEBSITE: https://urtoken.net/
WHITEPAPER: https://s3.us-east-2.amazonaws.com/urtoken/URT-WPv07b.pdf
FACEBOOK : https://www.facebook.com/urtoken
TWITTER: https://twitter.com/ur_token
TELEGRAM: https://t.me/ur_token

BitCointalk username: Aray80
Profile link: https://bitcointalk.org/index.php?action=profile;u=1324910

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