Universal Recognition Token: a corporate open market for auctioning employees gift cards and reward.

in #ethereum6 years ago

Introduction:

World over, some employees feel less valued and will persevere relentlessly to get a few rewards or blessings from their managers or employers, however most times, it is not forthcoming or what is offered is below their desires and this is an issue that no one appears to take note.
Subsequently, the first vision of Universal Recognition token (URT) is to offer such peculiar employees the platform where they will soon be able to monetize their gifts or rewards and consequently get things they truly need.
Universal Recognition token (URT) is the first Blockchain built platform for corporate rewards open market for employees to auction their gifts to a universal community.
The gifts or rewards may come on different events such as:
• Meeting and exceeding sales goals
• Employment Anniversary
• Project Milestones
• Employee Birthdays
• Holidays (Christmas / New Year)
• Seasonal Events (Spring)
• Promotions
• Weddings / New Babies
• Health / Wellness
• Meeting Project Milestones
• Rollout of New Product/Service
• Opening New Office/Factor

Problems with employee rewards
According to research by Bersin and Deloitte, from the year 2012 to 2015, firms in the United States of America spent billions from the sum $46 billion to $90 billion for rewards and gifts for employee but unfortunately majority of those gifts or rewards ends in the waste
.
Someone may ask, how do you arrive at this conclusion that employees don’t like their gifts?
Evidence is found in the marketing survey by Fortune 500 company employees that over one third of the employees confessed to the fact that their gift cards were not used. In support of this, the Tower Group had gift cards worth billions of dollars which were not used based on the fact that the said cards were not redeemed within 60 days.

Solution:
As earlier stated in the introduction, the original vision of URT project is creating a virtual marketplace to offers the opportunity to turn wasteful undesired gifts cards and rewards into money via auctioning utilizing the opportunity present in Blockchain technology to contribute to employee’s satisfaction. The truth remains that no matter what is offer and by whom, it may not completely be what you desire or perhaps you have previously acquired something similar. Regardless of the situation surrounding the gift, URT is able to turn it around to something worthwhile for those involved.

Quick facts about URT and ICO

This great platform has an ongoing Initial Coin Offering (ICO) which you can join to truly experience a complete offer especially at this initial stage.
The token detail is as follows:
Token symbol: URT
Pre ICO Price: 1 URT = 0.08 USD
Price: 1 URT = 0.12 USD
Bonus: Tiered, from 50% to 5%
MVP/Prototype: Available
Platform: Ethereum (ERC20)
Accepting: ETH, BTC, Fiat
Soft cap: 3,000,000 USD
Hard cap: 35,000,000 USD
Meet the team: https://urtoken.net/#team
Roadmap:

Read more using this link: https://urtoken.net/
#URT #URToken #TokenSale #ICO #bitcoin #ethereum #crypto #cryptocurrency #recognition
Authored by me: Applechild
Bitcointalk profile: https://bitcointalk.org/index.php?action=profile;u=1221175

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