Adoption of crypto-currency requires a great deal of researches and series of things to think about. Crypto-currency Investors have lost huge quantity of cash and financial resources in a very wrong project with no potential. half of the new launched projects were been abandoned. several crypto-lovers tend to get confused once it involves higher cognitive process on crypto-currency. A number of the items to think about before the adoption of any crypto-currency project includes: the developer, the team member accountable for the project and therefore the use of the project. After proper consideration of all these mentioned, I discovered that this project worth been reviewed for community member and crypto lovers globally. Now sit tight and follow through the write-up
The use of blockchain technology has been tip to be the best technology of this century, lot of challenges and irregularities have been facing the online platform in the absence of blockchain technology. Lack of security and transparency has been the major problem facing online data and shopping platform. Have you ever thought getting rewards for shopping and sharing your data online? This is what UNIVERSAL REWARD PROTOCOL platform is all about.
The URP may be a new manner for retailers to act directly and transparently with their shoppers, and mechanically reward their behavior and knowledge sharing during a customized, efficient manner.
URP blockchain-based protocol lets retailers reward shoppers for any kind of searching behavior, like merely visiting a store. By accepting to share their searching behavioral knowledge with the network, a consumer earns reward in URP tokens, whereas the information is employed by retailers to create redemption offers that best suit every customers desires and taste. Shoppers will redeem their tokens through these exclusive and customized offers.
Through URP, retailers will transparently acquire knowledge that will help the shoppers entire on-line and offline behavior, which this will enable them to bridge the digital gap by participating with shoppers directly across several communication channels. URP is new performance promoting tool for retailers and brands
Shoppers, in other words are rewarded and compensated for his or her engagement with universal tokens which they can easily redeem through customized offers and promotions.
They need complete management over the knowledge they share with the merchant or whole, in keeping with the trade-off between the amount of personalization they are trying to find and also the privacy settings they had preferred and opt for.
Rewarding a consumer through URP consists of a series of eight steps:
Retailers produce campaigns within the URP net interface to incentivize their shoppers behavior, specifying the conditions to meet and also the corresponding reward available for them.
The campaign is printed on the blockchain as a wise contract.
The campaign becomes accessible to shoppers.
The patron provides their consent to the campaign with the Terms & Conditions.
A dApp collects basic information on the shoppers kind of behavior relevant to the campaign.
The dApp produces Proof-of-Behavior (PoB) knowledge that certifies that the conditions of the sensible contract are consummated. A hash of the letter box is shipped to the sensible Contract.
The contract releases the reward, once letter box is been authenticated.
The complete letter box knowledge is encrypted and sent firmly to the merchant.
URP platform has put in measures to bring more value to both shoppers and retailers alike:
The actual fact that blockchain technology is AN improbably powerful incentive machine
The localized governance of a blockchain-based protocol
The information transparency and security granted by distributed ledgers
TOKEN DETAILS
This is an ERC20 token that will be used in URP platform, it is launched on Ethereum blockchain network. It will be used for transaction fees and for other payment in URP platform. It will be used as reward incentives for Shoppers and customers in the platform
Token Specifications
Name: URP
Hard cap: € 20 M
Soft cap: € 5 M
Supply: 600 M (Fixed)
1 URP: € 0.10
Payment: ETH, Fiat
Private sale:
Min. amount: 20 ETH
Max amount: 500 ETH
Cap: 5M€
Bonus: 40%
Pre-sale:
Min. amount: 5 ETH
Max amount: 500 ETH
Phase 1
Cap: 5M€
Bonus: 25%
Phase 2
Cap: 5M€
Bonus: 15%
TOKEN DISTRIBUTION
FUND DISTRIBUTION
TEAM
ROADMAP
To know more about UNIVERSAL REWARD PROTOCOL project visit the links below
Website => https://rewardprotocol.com
Whitepaper => https://rewardprotocol.com/wp-content/uploads/Whitepaper.pdf
Twitter => https://twitter.com/RewardProtocol
Telegram => https://t.me/UniversalRewardProtocolOfficial
Linkedln => https://www.linkedin.com/company/reward-protocol/
Bitcointalk Thread => https://bitcointalk.org/index.php?topic=4446716
Reddit => https://www.reddit.com/r/RewardProtocol/
Medium => https://medium.com/@RewardProtocol
Youtube => https://www.youtube.com/channel/UCecaT5v_xswtmT1xOb3ZjdQ
Bounty0x Username => Lekato