UNIVERSAL REWARD PROTOCOL;REVIEW OF THE ICO

in #blockchain6 years ago

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A storm has hit the investment market that we have a tendency to be reaching to endure. Crypto investment is that storm. With strict capital controls in situ by most countries to manage the flow of cash and charge high taxes, cryptocurrency gained usage in circumventing capital controls and taxes, resulting in a rise in demand. Cryptocurrency has been able to gift a straightforward to use digital various to act currencies. Providing resistance transactions and inflation management, investors are prudent enough to feature these currencies in their distributed portfolios as Associate in nursing quality, because the size of the market doesn't represent a general risk. Cryptocurrency employs the employment of cryptography that assures high-security processes and verifies transactions personal to every user. Hence, counterfeiting and anonymous transactions square measure not possible to realize.

While this revolution is gaining wide acceptance, Universal Reward Protocol, a blockchain-based Protocol within which retailers will reward shoppers for many sorts of behavior, cherish merely visiting a store has arrived.
UNIVERSAL REWARD PROTOCOL answer
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Universal Reward Protocol (URP) could be a new method for retailers and makes to act directly and transparently with their shoppers, and mechanically reward their behavior and knowledge sharing during a customized, economical method. The solutions include:

Reward sensible Contract

Each reward operation are going to be handled by a present sensible Contract. Retailers will produce new reward campaigns by filling the Reward sensible Contract type. IoT sensors will act as Associate in Nursing oracle to certify the dealing.

Universal Digital billfold

A digital billfold that permits shoppers to question the loyalty network for rewards and redemption contracts at any time, check the balance of their billfold in URP tokens and edit their privacy settings.

Retailers redeem tokens through customized offers

URP tokens will be changed for merchandise and services, coupons, and improved shopper expertise with all retailers within the network. These redemption offers square measure tailored to match every shopper’s wants and needs victimization the information they selected to share with the network.
MERIT OF THE TOKEN

Urp permits the rewarding of any kind of shopping conduct.

A store’s loyalty application most effective rewards a consumer while he purchases a product in his shop. Other styles of shopping behaviors consisting of virtually journeying a shop or interacting with manufacturers on social media are not being rewarded. The aim of urp is to permit outlets to reward any worth shopping behavior.

What does urp define as a “purchasing conduct”? Examples can consist of journeying a store for the primary time, shopping a product, travelling a internet site or sharing content published on social media, and lots more. In short, all on-line and offline interactions a consumer may have with a brand or a store are rewardable through urp.

Urp lets in you to create new relationships and interact with new ability customers.

The store can have interaction with all buyers who are the usage of urp , while a loyalty application handiest permits a retailer to speak with customers who already widely wide-spread to enter in a relationship with them. It doesn’t permit the retailer to have interaction with easy potentialities.

Urp is a general platform wherein urp tokens may be redeemed with all of the outlets of the community.

Outlets provide urp tokens as an incentive for buyers to interact with them alongside a desired conduct and use the amassed information to tailor personalised offers through which the shoppers redeem their tokens.

A loyalty application is one of a kind as it typically troubles “captive” factors, which can best be redeemed with the store who dispensed them. This leads to consumers having more than one incompatible loyalty application, which makes it more difficult and more difficult for them to control the factors and creates much less value for the shoppers.

Urp guarantees facts transparency and protection.

The statistics accrued via loyalty packages (generally at the least the acquisition history of the consumer, but often a good deal more statistics are saved and used without any consent) isn't constantly obvious to the client. It isn't continually clean precisely which kind of statistics is amassed, to what give up, and who has get right of entry to to it.

Each transparency and security of personal records are assured by way of the disbursed ledger generation (dlt), inherent to public blockchain generation. With the logging of each choose-in at once at the blockchain, consumers can take a look at their has the same opinion to extraordinary contracts, change their privateness alternatives and determine to choose-out at any time. They also can see which proof-of-conduct facts became amassed about them, at what time and for which store.

Technology

Distributed records storage on a hybrid blockchain structure.

Shoppers supply consent to each facts capture to guarantee statistics transparency. Touchy receipt statistics is remoted between retailers, while navigation statistics is publicly available to all nodes.

Neural internet

All records is fed to our deep-mastering layer for in addition prof iling and analysis, allowing the deployment of custom redemption offers tailor-made to individual wishes.

Iot sensor

Iot sensors powered by using occi the use of geolocation technology, already masking extra than a hundred,000 square meters of pinnacle retailers space, post the records securely on the blockchain. They may be deployed interior a mesh network to make setup easier and the records capture more robust.

Urp token role

The urp is a established erc20 application token and has a twin characteristic:

Retailers will distribute urp to praise shoppers based totally on guidelines of their own selecting. Shoppers will redeem those urp via personalized gives consisting of discounts, items or premium offerings, with all stores inside the community

The urp may be used as incentive for all stakeholders of the urp to behave successfully, stopping fraud and securing the community, and to arrange protocol governance
Token: URP
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Platform: Ethereum
Standard: ERC20
Quantity: 600,000,000 URP
Price: 1 URP = 0,1 EUR
Payment: ETH
Soft cap: 5,000,000 EUR
Hard cap: 20,000,000 EUR
PreICO
Quantity: 15,000,000 EUR
Beginning: 08.08.2018
Completion: 08.09.2018
Bonus:
5,000,000 EUR - 25%
10.000.000 EUR-15%
ICO
Quantity: Up to Hard cap
Beginning: 08.09.2018
Completion: 30.09.2018
Bonus: No
ROADMAP &TEAMS
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For more information, please visit:
Website: https://rewardprotocol.com/
Whitepaper: https://rewardprotocol.com/wp-content/uploads/URP_Lightpaper-1.pdf
Telegram: https://t.me/UniversalRewardProtocolOfficial
Twitter: https://twitter.com/RewardProtocol
Medium: https://medium.com/@RewardProtocol
Reddit: https://www.reddit.com/r/RewardProtocol/
LinkedIn: https://www.linkedin.com/company/reward-protocol/
PROMOTER;YUSUFUNTOP
BITCOINTALK PROFILE LINK; https://bitcointalk.org/index.php?action=profile;u=2176682;sa=forumProfile
ETHERUM ADDRESS; 0xc619E93DD1039C5EC66A052ede79fD00c8Ef5D1d

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