Universal Recognition Token (URT)
Universal Recognition Token is a blockchain-based corporate rewards marketplace where employees may auction their gifts, rewards and prizes to the general public.
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What is Universal Recognition Token
A substantial portion of the gifts given dont match what the individual employees actually want. Universal Recognition Token leverages blockchain technology to magnify employee satisfaction while simultaneously minimizing employer cost and waste. The primary feature of Universal Recognition Token system is a virtual marketplace that allows employees to auction gifts while preserving the value of those gifts for later use and/or accumulation toward higher-value gifts. Universal Recognition Token plans to issue an ERC-20 token (URT) based on a Solidity smart contract template that belongs to the Ethereum system.
DetailsToken supply: 437,500,000
Soft cap: 3,000,000USD (fiat)
Hard cap: 35,000,000 USD(fiat)
LegalBlockchain Platform: Ethereum
Token infoTicker: URT
Token price in USD: 1 URT = 0.12 USD
Accepted currencies: BTC ETH USD
50% - Presale and Crowdsale
30% - Team and Advisors
19.5% - Marketplace Partners
0.5% - Bounty
23% - Sales, Marketing and Business Development
19% - Research and Development
15% - Legal and Regulatory
15% - Operations and Management
14% - Markplace Reserve
14% - General and Administrative
Universal Recognition Token Roadmap
We will be putting a list of crypto conferences that the URT team will be attending on our website, along with with updates.
We will be putting a token structure and ownership breakdown chart on our website, along with the emission schedule that we currently have in the whitepaper.
We will be announcing the rules of our limited, multi-tier bounty campaign on Telegram.
We will provide an embeddable Auction It button to our marketplace partners, so they can integrate it into their existing employee rewards workflow. This will be the first step toward hydrating the marketplace with real prize inventory.
Our early partners will adopt the Auction It button, making the first real prize inventory available on the Universal Recognition Token marketplace.
The beta release of the Universal Recognition Token Marketplace app will allow users to browse the inventory of prizes that our partners have available as part of their employee rewards programs.
Select users for the Universal Recognition Token Marketplace app and URT holders will be able to bid for prizes that are put up for auction by employees of URT partner companies.
The alpha version of the Universal Recognition Token Marketplace app will be available on the Apple Store and Google Play Store. URT holders will be able to view their balance and bid for prizes and experiences available in the marketplace.
Our business development and channel partnership teams will be working with overseas companies and employee recognition/engagement companies to add more inventory to the URT Marketplace that is redeemable outside of the US.
We will work with our existing partners to launch programs where Universal Recognition Tokens are purchased and used as the primary employee recognition and rewards medium for the staff of their companies and customers.