Familypoints is a start-up project, focused on trading goods and services for children. Familypoints uses a blockchain to create and store a reputation management system for sellers. It motivates users to leave feedback about products, charging them with tokens, which can be used for purchasing goods and other content on the platform. Therefore, Familypoints has some elements of the global discount system.
People carefully choose goods and services for children. They are ready to spend hours studying the feedback and collecting information about such products. Such a thrilling attitude towards children led to an increase in costs of the goods and services for kids. Do you know that almost 40% of the price of children's products includes the marketing costs? Children's clothing is even more expensive than an adult, although much less material is used to produce it. As a pediatrician for kids is always more expensive than just a therapist.
Willingness to pay more for quality led to the big amount of fake reviews and recommendations in social networks and on specialized sites. Companies massively buy bloggers, use the services of cheating and networks of bots. Some large communities live entirely at the expense of advertisers. Therefore, it is very important to solve this problem and eliminate the possibility of fraud for customers.
Another serious problem is that child education and training of parents are expensive. Modern science has greatly advanced in the creation of educational, educational and other techniques. But most parents simply can not afford the fruits of this progress. They are forced to educate children in the old manner, focusing more on their parents' experience than on scientific achievements. And in order to provide an acceptable level of education for the child, parents have to pay a fortune for it.
The idea of the creators of the project is to solve these problems with a single solution. And that is Familypoints. Why should manufacturers spend huge sums on fake reviews, if they really produce high-quality and popular goods? It is better to give some of this money and provide control over the honesty of the feedback and other information related to the brand. This will create significant value, which will be supported by the community itself. To implement this idea, the authors create a mobile application, an online system, and a huge logistics hub. The project operates as follows:
- Parents install themselves on a smartphone or other device application and make purchases.
- The first purchase is fixed in the block, which guarantees the safety of information. Then he offered to leave a review about the goods or service.
- They receive a reward in tokens, in the amount of 5 to 40% of the purchase. But this is not a classic cashback, you can spend the money only on a certain list of goods. Almost all are related to education. It can be video courses, online sessions, phone calls, consultations, teaching foreign languages, etc.
So as we can see Familypoints can solve these two problems and turn them into a very good perspective not only for investors of the project but also for humankind.
The FamilyPoints project team is not a newbie in this business. For an example, the executive director and founder, Ainar Abdrakhmanov, is familiar with working in that industry. His company now sells educational videos for parents. Interestingly, both projects use the same logo. It seems that Ainar decided to merge his existing business with the sale of children's goods.
The payment for a subscription for parents on the platform will be next:
- Subscription for users $ 1 / month
- Education experts $ 10 / month
- Training Centers $ 100 / month
Token sale and distribution:
The initial cost of 1 FPT in US dollars is $ 0.10.
Total number of tokens is 500 Mln..
For further information you can visit the website of the project:
https://familypoints.io
My link is: https://bountyhive.io/r/aratalawrence