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FamilyPoints – a scalable platform

FamilyPoints is a scalable platform which uses blockchain ledgers as the foundation to support the three pillars of their Company’s principles: economic value, integrity, and education. Using transparent ledgers which can be seen by anyone and which cannot be tampered with, they provide parents with a system that guarantees peace of mind. Not only are parents able to earn up to 40% rewards from purchases of Baby and Maternity products within the FamilyPoints ecosystem, but they can spend it on a variety of services through the platform, especially on child education services. With a fully transparent ecosystem, parents can also trust that the reviews they see for products and service providers are completely honest. FamilyPoints is the first platform of its kind to be based on blockchain, a new technology which offers the FamilyPoints community a secure and transparent platform for transactions, referral programs, rewards, reviews, and education services.

System Overview

The FamilyPoints platform is a website where customers can buy Mother and Baby products and earn and spend points. Points come to customers from purchases or as rewards based on customer activity within the platform: leaving content or receiving upvotes for his content for example. Customers can spend their points within the platform by purchasing Platform education services and upvoting for other customers product reviews. The first stage of shopping in both the traditional and FamilyPoints scenarios are the same: the customer logs onto a platform to purchase a product, for example, a toy, by browsing different categories, brands, reviews, and ratings.

Why FamilyPoints?

Mission

They have a team of experts in the e-commerce and parenting businesses. Their team is global, but their core is based in China. Their mission is to disrupt the parenting industry in order to make it safer, more convenient, and more transparent for everyone involved. The FamilyPoints platform will make parenting cheaper and education more accessible.They are creating the world’s first fully transparent blockchain ledger which stores information about reviews, rewards, and transactions to build a system of trust for children’s products and education.

FPT Token Generation Structure

FamilyPoints’s Token Generation Event (TGE) is designed with a clear and transparent structure. The TGE will be done through a proprietary wallet which is secured with twofactor (2FA) authentication. The entire TGE is scheduled to take place over four weeks. However, there will be a short, closed pre-sale held prior to the TGE.

Token Name : FamilyPoints Token
Ticker Symbol : FPT
Token Supply : 500,000,000 (Five Hundred Million Tokens)
Adjustable Supply? : No. Any unsold or unallocated tokens will be burned.
Initial Rate : USD 0.10 (Ten US Cents)
Minimum Raise : USD 3,000,000 (Three Million US Dollars). If minimum raise isn’t achieved, all collected funds will be returned to participants.
Target Raise (capped) : USD 25,000,000 (Twenty Five Million US Dollars)
Investors : 325,000,000 (65%)


For more information,visit the Website or read the Whitepaper.

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