Registered in the U.S.A., Universal Recognition Token is a blockchain-based corporate rewards marketplace. It is an ecosystem where employees may sell and auction their gifts, rewards, and prizes to the general public. Universal Recognition platform uses the blockchain to create a marketplace through which people can monetize any unwanted corporate gifts received. The technology uses smart contracts for matching sellers with buyers in a marketplace environment. Also, by tracking transaction and bidding activities, employers and prize vendors can know what gifts are most sought-after by the market.
The URT token is an Ethereum-based cryptocurrency. It is the Universal Recognition Token native currency that serves as a medium for exchange value when using the platform services.
Universal Recognition Token ICO date is yet to be announced. The ICO token supply represents 50% of the total token supply, so there is a total of 437,500,000 URT tokens available, for 0.12 USD each. The ICO funding target is 3,000,000 USD, the funding cap is 35,000,000 USD. Any unsold/remaining tokens will be burned.
Token Reserve Split (50%):
Universal Recognition Token ICO features a bounty campaign and the following bonus structure, and the token will not be mineable.