Review of "UNIVERSAL RECOGNITION TOKEN"

Good night everyone !!
Tonight I will introduce "UNIVERSAL RECOGNITION TOKEN" as an online Cryptocurrency market.

Opening

In 2017, US companies spent approximately $ 90 billion in employee reward schemes. Although some employees may prefer to sell them and get the value for their items.

The only solution for this matter is pawnshops or retail outlets. In most instances, these outlets offer less than the actual value, as they are usually the last resort for liquidity and they, therefore, take advantage of the situation.

This problem is compounded by the fact that some organizations are out of touch and thus giving up appreciations that are not desirable.

Giving gifts can be difficult, especially if you don't know the person very well. In extended families, this often results in Christmas gifts being politely set aside after the holidays, where they are quickly exchanged for something that people actually want. In corporate settings, it's easy to see how this problem will be strengthened even more.

The company wants to motivate their employees to work harder and respect them for their efforts. This is often done with corporate gifts. Small companies might know each individual employee and give them something they really want. But in a company that employs hundreds of thousands of people, the HR department is always second to none. This means that, like Christmas gifts, corporate gifts are often not used or traded for other things. Research has shown that more than $ 90 billion is spent annually on corporate gifts in the United States alone.

Universal Recognition Token (URT) is basically an online market where corporate gift recipients can auction their gifts to the general public. After the prize is successfully auctioned, the seller receives the prize value in the cryptocurrency token. The seller can then choose to buy something else with this token, exchange it for another cryptocurrency token or fiat money, or just save it for a larger purchase or investment. The value of the URT token will never expire, even if the person holding it changes the employer in the future.

Universal Recognition Token adalah pasar hadiah perusahaan berbasis blockchain pertama di mana karyawan dapat melelang hadiah, penghargaan, dan hadiah mereka kepada masyarakat umum.

Token Pengenal Universal menuangkan 80 token URT kepada anggota komunitasnya. Bergabunglah dengan grup Telegram mereka, ikuti mereka di Twitter dan retweet tweet yang disematkan terakhir mereka, ikuti mereka di Facebook dan sukai dan bagikan pos tersemat mereka dan kirimkan detail Anda ke formulir airdrop untuk menerima 80 token URT. Juga, referensikan teman Anda untuk mendapatkan lebih banyak token URT.


Blockchain-based recognition is the future

Liquidity

A portion of the gifts given by the individual employees actually want. This is because HR departments cannot predict what each employee wants, especially as the number of offices and employees grows.

Stackability

Because URT is permanently and immutably stored on Blockchain, token value never expires. This means you will have been wasted into something more meaningful, like a dinner or a trip. It can follow you for life, even if you change employers.

Way Better Prizes

Currently, corporate HR departments pick the prizes for all of the employees. This is challenging because employees have many different tastes and are dispersed in many offices. As a result, they usually pick gifts that are either boring or highly generic (e.g. Starbucks gift certificate or a wristwatch). People are used to these gifts - in 2018, they are not very impactful.



Features of the Universal Recognition Blockchain

Decentralized.

The Blockchain will be not centrally operated. These operations are also free from taxation.

Smart Contracts.

The network users will operate under a consensus protocol of trust, mutual understanding, transparency, and adherence to set protocols.

Intelligent prize purveying.

The Blockchain will have the intelligence to analyze the likeability of prizes based on real-time and public demand. The human resources department can use this data to plan on far-reaching employee reward programs.



Token Details

SYMBOL: URT
CATEGORY: HR-tech
PRESALE TOKEN PRICE: $ 0.08
CROWDSALE TOKEN PRICE: $ 0.12
SOFT CAP: $ 3,000,000
HARD CAP: $ 35,000,000
TOKEN FOR SALE: 437,500,000
TOKEN SUPPLY: 875,000,000
PERON: ERC20
RECEIVE: ETH, BTC, Fiat
BONUS: Tiered, from 50% to 5%
DELIVERY DATE: We plan to send all contributions within a few weeks after closing the crowdsale

Note

Each excess token 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% tokens (437.5 million) between pre-sales and public sales, and will distribute tokens immediately after closing public sales.

Token distribution



Roadmap



Team



Conclusion

Many marketplace challenges are unchanging, how to attract and retain the best employee pool, how to provide the most attractive product or service in the marketplace at the lowest possible cost, how to contain costs while increasing revenue. Among today's challenges are ensuring that capital is efficiently spent and that it produces a positive return, another challenge is to reduce employee turnover and improve employee loyalty. So why not the power of choice to the persons being rewarded? Rather than spending time and effort curating a list of gifts from a supplier's list, or presenting employees with branded gifts that may end up in a box, why not reward employees with gifts that match their beforehand sets of preferences and needs or with cold hard cash which will be the value of the gift? An employee can select what they want with far greater accuracy than HR staff member can, and will be given a meaningful and memorable employee and surely make them happy for a few more decades with the company.

To learn more about the UrToken project, please visit the following link:

Website: https://urtoken.net/

Whitepaper: https://s3.us-east-2.amazonaws.com/urtoken/URT-WPv07b.pdf

ANN: https://bitcointalk.org/index.php?topic=4550909.0

Telegram: https://t.me/ur_token

Twitter: https://twitter.com/ur_token

Facebook: https://web.facebook.com/urtoken?_rdc=1&_rdr

Medium: https://medium.com/@urt

Linkedin: https://www.linkedin.com/company/universal-recognition-token/

Bitcointalk User Name: deniyoga

Bitcointalk URL: https://bitcointalk.org/index.php?action=profile;u=1978689