URAllowance is a 2-sided, crypto-based platform powered by the URAllowance token, URA. One side is for parents and one side for kids.
By getting the FAMILY involved we will bring back Old School responsibilities, instilling an Old School sense of PRIDE for what ONE has EARNED.
PTA, EventChain, Fundraising Events. Students will receive cryptocurrency rewards for participating in and/or creating amazing fundraisers.
The URAllowance platform has a two-sided user interface (parents and kids) with access to Family-Smart Contracts that are powered by the URA deposited by parents. URAPP will offer our proprietary URSuite of tools for parents to interact with while customizing the perfect financial plan tailored to their needs. Then parents can set tasks and goals for their kids. When these tasks are completed or the goals are met, the Family-Smart Contract releases the funds to the kid's wallet. The kids then have many options for spending or saving or increasing their earned money. We found a huge hole in crypto that was the same exact shape as URAllowance. The kids up to this point have been largely overlooked. After all the research into the markets and the scouring of consensus reports and survey data, we found a rather large untapped marketization opportunity. Allowances are just the start. 41 billion on average is paid out in allowances every year in America alone. Now it might seem a bit strange to bring a third party like URAllowance into an already decentralized transaction between parents and kids. Not to us though. We see the ineffectiveness in the current structure of allowances. We will fix it by getting the whole family involved and hold everyone accountable for their part. Aside from that, there is a trillion dollar speculative market that has recently opened up over the past 15 years. Women entering the higher paying workforce has left many household jobs needing to be filled. I have all the data cited in the whitepaper regarding this new market that is waiting for a few smart companies to come in and stake their claim. We will be one of them.
ICO ADVISOR | CONSULTING | EXCHANGES Listing Rated on 13 May 2018
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This rating's weight is reduced by 50% as there is no review added.
Chris ButlerICO team member replied on 14 May 2018
Thank you for taking the time to rate our project. We would be very interested to hear your thoughts and/or suggestions for improvement. Especially in the areas that you feel should be strengthened. Thanks again.
Blockchain Consultant, MBA, LSSGB, Former USA Financial Advisor, Insurance Agent Rated on 11 May 2018
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In my opinion, I think this project is too narrowly focused on "kids", I think there could be different areas of interest besides just the kids that could benefit from this platform, but am not certain if all children will appreciate crypto. Could this payout to the neighbors kid that cuts the grass? or the local small business that cleans the pool? or the neighbor that can clean your car? If theres opportunity to use this as a form of bill pay for a 'lemonade stand' or 'girl scouts' types of business, then I could see more value in this project. But just as an allowance, I see this to be very limiting and will be kept in a box. The advisors are good, team appears to have a bit of experience. I hope this project does well, and considers my suggestion.
*Please see my profile for disclosures.
Agree
2 people agree
Chris ButlerICO team member replied on 14 May 2018
Thank you for your suggestions. There is a section of our whitepaper that actually explains the use cases and most of the things you mentioned are included. This tells me that we need to improve our delivery of information. I will bring this up at our next team meeting and take the necessary steps to have this information become more apparent. Thanks.
Founder at HeapX . Entrepreneur . Investor . ICO Advisor . Tech Expert . BlockChain Strategist Rated on 25 May 2018
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In my opinion, The concept is kind off good, not exactly an easy industry, but I do like this vision. I think you should add more experience to the team/advisors.
ICT Systems & Blockchain Analyst Rated on 12 May 2018
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The idea certainly has merit in that of incentivising your children or vice versa.
However the idea is simple - bank accounts are free for children, you aren't really needing to remove intermediaries, the use of a digital asset is not necessary, and immutability and transaction history of such is not of great importance if you are simply trying to instil pride.
The idea could use any open source tooling, dbs et cetera to achieve its goal. Not sure blockchain is actually needed.
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Think tank begins. Research and timeline creation.
2
Q1 2018
Form the company URAllowance and obtain LLC status. Recruit advisors. Publish our pre-Ann thread at the forum. Form the core team members.
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Q1 2018
Design website. Structure the URA token. Design alpha UX/UI. Introduce the idea to local schools. Airdrop to the community to raise awareness and build hype. Gather feedback from the communities. Launch bounty campaign. Begin ICO calendar site listings.
4
Q1 2018
Deliver Alpha UX/UI design to developers. Create Smart Contract. Continue community engagement and increase marketing efforts with interviews and live AMAs with URA Team members and CryptoKid across media outlets. Press releases on major developments. Retain legal counsel.
5
Q2 2018
Release the prototype of URAllowance platform relatively in line with the beginning of the ICO. Begin the research and development of URWorld in which all the features of the alpha platform will be available in a 3D virtual, social, customizable world.
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Q2. 2018
Analyze the Marketing data and adjust the ICO marketing campaign accordingly. Analyze the data and user suggestions from the prototype of URAllowance platform and prepare for the MVP release at the end of the ICO.
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Q3. 2018
This is where the excitement begins. Release the URWorld Prototype. Gather reports and suggestions from the community. URWorld MVP release in Q4 2018. Restructure marketing campaign from token sale marketing to product marketing for maximum exposure and adoption. Choose 4-5 popular, influential YouTubers to use URAllowance. Analyze the token data, transaction costs, and usage data to determine if there will be scalability issues with continued usage of the Ethereum Blockchain. If scalability and increased transaction fees pose a threat to the URAllowance ecosystem then we will begin research and development of the URA Blockchain. Integrate with LIX for cross-platform P2P digital assets sales and creation. Explore further synergies between Lix and URA.
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Q3 2018
Begin development of URWorld: Mixed Reality Edition in which all the features of the URAllowance Platform and the URWorld 3D virtual experience will be accessible in Mixed Reality. We will begin hiring more developers that specialize in VR/AR/MR. There will be high demand for educational software in the Mixed Reality environment. Q4 - Begin the Microsoft Hololens Integration.
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Q3-4 2018
Answer Microsoft's call to action for educational Hololens software. Mixed reality software will be in the highest demand by Q4 2018. We aim to answer Microsoft's CTA before that time. After we present our fully tested, functional software, Microsoft will immediately begin to promote the URWorld: Mixed Reality Edition which will alleviate some of the marketing costs.
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Q4 2018
Forever. Continue to improve all three versions of the URAllowance experience. Relocate the URAllowance HQ and expand the support staff. Begin the URA holders think tank for deciding which new frontier to journey to. The possibilities are limited only by our imaginations. We welcome everyone along for the ride.
