Before the reward there must be labor, you plant before you harvest. You sow in tears before you reap joy.
-Ralph Ransom
Everyone craves recognition of his efforts. It is through this acknowledgment that we can understand that the job which we were doing was worthwhile and people have appreciated our dedication and hard work. As a great man has rightly said-
There are two things people want more than sex and money...... recognition and praise.
-Mary Kay Ash
Do you even know the amount an organization is spending nowadays on contributions and rewards for its employees? The reward industry has become very extensive as corporate world is becoming more and more involved with the welfare of its staff. It has started recognizing the achievements of its workforce and has taken several steps to show their appreciation in terms of incentives and gifts. The following quote has become a motivator for recognizing the contribution of others-
Help others and give something back. I guarantee you will discover that while public service improves the lives and the world around you, its greatest reward is the enrichment and new meaning it will bring your own life.
-Arnold Schwarzenegger
Rewards and recognition industry will flourish more if the employees are able to gain what they desire. My brother works in Delloite and they have a very unique system of appreciating a working member. Every quarter three persons are chosen from a team that has given their best during those days. The first is given a cash award of Rs, 5000, 2nd Rs 10,000 and the third, whose contribution was the best is given a cash prize of Rs 20,000. It is the team leader, who puts the names forward and the members themselves who choose the winners with a vote. The system of cash prize makes everyone happy as they can buy anything they actually require.
Although the higher authorities have started benefits and recognition programs, they have failed to set up proper directives. In several cases, individuals are not satisfied with the reward they are being offered. Can you imagine a young man getting a free medical body check-up gift voucher at the age of twenty-six? Yes, my friend received one as part of his reward for contributing towards the success of a project. He received this gift but he was not happy with it as he did not want a body check-up but wanted some extra cash that would have benefitted him more because his sister was getting married. He could not even give the voucher to somebody else as his name was printed and only he could avail himself of the service. We are in dire need of a platform that will work towards disrupting the present ecosystem so that the rewards could match the genuine needs of an employee.
URTOKEN**** Platform
URTOKEN is a blockchain platform where employees of a firm can sell the rewards which they had received till date to anyone else on this portal. It is actually a marketplace where the employer can know about the desirability of rewards from the gathered data on this network and employees can auction unwanted rewards in terms of real monetary value. URTOKEN has been built to stop the waste that is taking place as in most cases the gifts do not match with the requirements of an employee.
ICO and Team
The ICO of URTOKEN is URT and is based on the Ethereum ERC20 platform. It is a utility token that can be used on its own platform for enabling transactions and as rewards. The team includes experts and professional like blockchain advisors, web developers, computer scientists, engineers, crypto-experts, and entrepreneurs, who have worked diligently to overcome all hurdles. They have created a unique interface that will prove advantageous for everyone involved with URTOKEN.
Conclusion
The rewards industry is huge and URTOKEN has realized its potential. Hence it has created a decentralized platform that will work towards better understanding between an employee and the organization by matching the desired reward with the interested party. It has taken help of smart contracts, blockchain platform AI technology and its own cryptocurrency to enable scalable, transparent and fair transactions.
Website - https://urtoken.net/
Whitepaper - https://s3.us-east-2.amazonaws.com/urtoken/URT-WPv07b.pdf
ANN - https://bitcointalk.org/index.php?topic=4550909.0
Telegram - https://t.me/ur_token
Published by - dannywhelan
Btalk profile - https://bitcointalk.org/index.php?action=profile;u=1606458