Universal Recognition Token is a blockchain-based corporate rewards marketplace where employees may auction their gifts, rewards and prizes to the general public.
A substantial portion of the gifts given don’t 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.
|ICO token supply||437,500,000|
|Soft cap||3,000,000 USD (fiat)|
|Hard cap size||35,000,000 USD (fiat)|
|Additional Token Emission||No|
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
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