URAllowance

Update, after last rating was some updates

**** - For team and advisors, KYC Passed
**** - Interesting idea
**** - Team provided link for Prototype, looking good

This is not financial advice or a recommendation to invest in this or any other ICO. Investors must perform their own due diligence and not rely on external ratings to make their final investment decisions. ICOs are risky and 100% loss of capital is possible.

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.

It's so nice to see projects that really contribute to the massive circulation of crypto-currencies and the ideas of decentralization. Of course, the project will have serious difficulties on the way to the goal, but I sincerely believe that only the fruit, the path to which ran through thorny thickets, is really sweet. Always happy to support the blockchain enthusiasts!

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.

- The team has the different experiences required to make it a success, provided sufficient funding is raised and additional resources are added when comercial release is ready to go. Even good ideas and good products could never see growth due to insufficient funding raised. This last is partly also market dependent.
- I personally like the vision of the URA use-case although I also see other variants which I'm sure the team will find more use-cases as they go along. Here, it is not so much if the URA product requires blockchain or not, actually I believe blockchain is an inherent part of the vision of this company to educate the new generation about crypto and blockchain in a soft and smooth non-technical manner by encuraging young & old actually using its product. The potential is there, the rest is up to execution.
- Looked at the MVP link and for a proto-type it´s great, its just that personally I am a fierce believer of the bigger ticket fundraising amounts to go in when Comercial product is ready. So in short I love it BUT I suggest a secondary bigger raise to fund growth when commercial product is tested and released.
- Overall I like the URA project!!!

This is not any advice or recommendation to invest in URA but rather to encourage you to do your own personal due-diligence and decide for yourself. If you do decide to buy URA Tokens or any other ones, then be sensible and don't spend more then you are willing to loose completely. New projects up to the early growth phase included are the riskiest of all, but then again those very low single digit percentage who in the end do succeed could potentially be a great opportunity. So good luck in whatever you decide as the only responsible for your decisions is yourself.