Universal Recognition Token - blockchain-based corporate gift market

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ABOUT UNIVERSAL RECOGNITION TOKEN

In the United States, the corporate prize sector spends more than $ 90 billion a year and usually, these gifts come in the form of gift cards or merchandise. However, not all employees are happy with their gifts and they throw them away. Try us Imagine the amount of money and value wasted every year because it doesn't seem to be noticed by anyone.

Universal Recognition Token (URT) is the first blockchain based corporate rewards marketplace where employees may sell their gifts, rewards and prizes to the general public. A portion of the gifts given by the individual employees actually want. This is because HR departments cannot predict what each employee wants so they go with a more general gift. Especially for the gift increase and employees growing, offering unsustainable corporate gifts and prizes. Because the money is being spent on the thing will never be used.

How to use ISSUE

Liquidity

A portion of the gifts given by the individual employees actually want. This is because Urtoken.net departments cannot predict what each employee wants, especially as the number of offices and employees grows. However, the gift may be worth a lot more to others. 'One man's trash is another man's treasure' right? so why don't auction it?

Stackability

Because Urtoken.net 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 or decide to retire.

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. However, with blockchain, we will have public data on which prizes are highest in demand. This means you can tell more about the demand and phase-out and buy fewer of the less impactful prizes.

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The problem

Companies spend their money on their employees and offer them corporate merchandise, standardized gifts, vouchers or gift cards. However, the spending is not going to be items that the employees really want. HR departments cannot predict what every company wants, especially as they are constantly growing and changing. Most gift cards and corporate merchandise end up sitting unused on shelves or in boxes in dusty garages. It is a shame that huge amounts of money get wasted without reaching their goal.

The Solution

Fortunately, a new project builds on the top of the Ethereum blockchain plans to solve these problems by creating a marketplace where people can monetize any unwanted corporate gifts that they have received. URT is permanently stored on the Blockchain and the token value will never expire. You will be able to stack up your tokens, even if you change your employer.

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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
TOKENS FOR SALE -> 437,500,000
TOKEN SUPPLY-> 875,000,000
PLATFORM-> ERC20
ACCEPTING-> ETH, BTC, Fiat
BONUS-> Tiered, from 50% to 5%

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Conclusion

Universal Recognition Token is creating a marketplace that nobody seemed to notice. With the original vision and a team dedicated to bringing this project to its full potential, employees will soon be able to monetize their corporate gifts and get things that they really want.

Roadmap

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To learn more about the UrToken project, please visit the following link:
Bitcointalk User Name: deniyoga

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