Bitcoin Forum

The Use case is amazing. How come no one thought about this before? watching very closely. When is the bounty coming?

Bounty is coming very soon. Stay tuned. Join the telegram group for updates.

I just noted the team are all scholars from the best universities in the world. The whitepaper is also a technical paper. Its very rare to see such good scholar driven projects these days. All fancy whitepapers but no substance.
Team, can you let us know why you wanted to initiate this project?

Hi...any minimum purchase for private sale ?? whats different between private sale and presale?? I still don't get it

As a white collar worker i liked your project, as far as i understand you create a marketplace and sign partnerships with companies. Company gives credits to its workers and workers choose whatever they like?

Good to have you rjp55, as someone in the white collar corporate world, I am guessing you have felt the pain before.

And you're exactly right, companies giving out Universal Recognition Tokens directly to their employees is our ultimate goal. Right now, the team is working on giving companies a native, embeddable integration into their existing engagement workflow, to make it as easy as possible for their employees to participate. This way we will be able to get lots of partnerships quickly, and once people realize the utility, we will have companies issue URT directly.

A good team with a promising project! I'll take you to the note. I see you have the potential to launch the platform. Good luck, guys

Hi Stephanie, the private sale has a larger bonus and is usually reserved for pools, funds and larger allocations. That being said, individuals are always welcome. If you're interested in details or getting an invitation to our investor portal, please reach out to me @brenward on telegram or to my head of business development Andrew @andrew_urt (please confirm both in the list of admins in our official telegram group @ur_token)

Glad to have you on-board!

What is the minimum/maximum amount you can invest in the crowdsale and what will happen to the unsold tokens?

They have mentioned in the ANN that any unsold will be burnt.

Thanks boyrocky, that's right, all unsold Universal Recognition Tokens will be burnt. The crowd-sale min/max will be announced soon, as for the private pre-sale, its 5/5000.

Thanks for taking the time to watch our video, Duythan. Our eng team is working around the clock to deliver a native integration to companies that have current recognition spend that will allow their employees to auction off the prizes they receive effortlessly.

It's good to have you on-board and stay tuned!

Concept & the team is very good to catch the mass community. Unsold tokens will be burnt & that is a good point for ICO investors. Good luck team.

Thanks Shashikamal, that's exactly why we decided to burn unsold tokens, however I don't think there will be that many left ;)

Interesting ICO, Waiting for bounty campaign to start.yhisbwill be the next biggest project which will conquer blockchain industry.

Bounty will be dropping very soon, so stay tuned!

can you let us know if this is a PhD thesis project of some sort?

Hey Boyrocky, I am not completely sure I understand the question but yes, Alex is an Information Systems PhD.

I have one question. Can you tell me why you selected a niche domain for a blockchain project?

Good question! And the answer is we really don't think it's so niche — employee rewards and recognition are HUGE in corporate america and in many other countries. Also, there are no competitors in the space, it adds real value while solving an existing pain-point. Hope that sheds more light on it and many on the team would be happy to answer in more detail if you want to engage on our Telegram.

If the dev team do more interview session, with Q&A sessions giving the bounty team more resources to post, it will go a long way to improve PR activities.  Tell me, please, such question, whether dividends will be added to holders of tokens of the given project?

Good comment and yes, we are already in talks with multiple youtube channels to conduct both projects reviews and interviews. Please refer to our white-paper for token and offering economics.

I have a question, and do not take this to be offensive, but you are leaving out more than half of the world who are not official employees. People in China India and Africa for example who are not even recorded anywhere as employees since they either earn daily cash wages or live on land that they work on for a share of the farming/rearing industries, to keep their families fed.

This is the problem you should look at, in my opinion.

Thanks for the comment, Leea and it's a very good point. We absolutely do not intend to leave these folks out as they will be able to participate in the marketplace and redeem prizes that are local to them. For example, many large US companies and employers have offices in the regions you mention. So if one of their employees decides to auction off a prize, anyone there that holds URTokens, employee or not, will be able to bid and use local experiences. Hope this answers your question, if you want to talk more, ping me on Telegram.

Also, DO NOT post airdrop confirmation on this announcement thread or you will be BANNED from the airdrop.

There is NO REQUIREMENT to confirm your participation here on the announcement thread!

PRODUCT AND COMPANY DISCUSSION ONLY.

As a white collar worker i liked your project, as far as i understand you create a marketplace and sign partnerships with companies. Company gives credits to its workers and workers choose whatever they like?

The Universal Recognition Token (URT) on HR-Tech company growth in past history it has Annual spending by US companies on employee rewards $90B  and recognition according to Deloitee

In my opinion, the project is in no hurry to announce the bounty. Perhaps waiting until the market starts to become quite green. In any case, 0.5 percent  for the bounty is not enough.

Thank you for your response bward. I am sure you can understand that I would point out also that these people I am talking about probably do not even have a phone,,, maybe old nokias is maximum I know because I see it myself,,, or internet. I know the project is good in the sense that it rewards employees and recognizes them for their contributions. But a lot of those hard workers, especially those who are not recorded (I guess projects call them unbanked) would not take advantage. The employees you speak of are in urban cities, where they do outsourced work. But I am talking about the sweatshop workers who are not even on the books of these large US companies you talk about.

Great idea yes, but I just feel employee ideas can be even more disruptive and reach out to even more people,,, of course I know the world cannot change :) Maybe one day I will ping on Telegram.

Another reminder to everyone, DO NOT post airdrop confirmation on this announcement thread or you will be BANNED from the airdrop.

We have already BANNED everyone that posted confirmations. You are unnecessarily polluting this thread, making it harder to have a productive discussion.

There is NO REQUIREMENT to confirm your participation here on the announcement thread!

PRODUCT AND COMPANY DISCUSSION ONLY.

Hi, is there a MVP that users can test?

Hello!

One of the good live ideas. Nice to see how the project is growing.

Where is the official bounty thread? give me the link, please.
p.s.
admin do you need Russian translators?
Thank you!
Best wishes!

The Marketplace road map is too stretched, I do not think that the team will succeed in large-scale development.

Hello, dev!

What will you do with unsold tokens during ICO? Do you intend to burn them after ICO or you will hold them for own goals?

Thank you!
Best wishes!

In the telegram it is written about a break. How soon will the project resume?