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FamilyPoints

Ended
Ended: Dec 31, 2017

FamilyPoints is a scalable platform which uses blockchain ledgers as the foundation to support the three pillars of our Company’s principles: economic value, integrity, and education. Using transparent ledgers which can be seen by anyone and which cannot be tampered with, we 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. By cutting out the middleman, we can provide rewards which have real-world economic value to parents. We work directly with selected producers and brands, eliminate all unnecessary markups, and pass the savings on to parents. For parents who make a purchase, the rewards they receive can vary from between 5% to 40% of the cost of purchase. Parents can spend their rewards on the FamilyPoints platform to buy different kinds of services, from access to educational videos, to classes, and even insurance or family holidays which are focused on children and parents. Parents may even have the option to convert their rewards to cash in the future. The platform currently offers educational services that include online courses, live consultations with experts (beta version), access to the biggest parenting library in the world with 1,150 educational videos, webinars, and booking for offline classes centers. For customers, this means that FamilyPoints can also provide educational services and satisfy the needs of parents and children. We encourage customers to post content and provide feedback about the products and services we offer on FamilyPoints. Other users can then upvote helpful content and reviews with points (similar to Steem.it’s service). Not only does this create a sense of community, but it also lets honest reviews do the marketing rather than paid promotions.

A blockchain-based platform for parents, offering transactions, referral programs, rewards, reviews, and education services.

Bringing Smart Contracts to Smart Parents

Blockchain-based Platform which enables parents to get rewards from purchases of Baby products

FamilyPoints is a platform built to bring trust to parents and the whole parenting industry. FamilyPoints is home to a crowdsourced and blockchain-based ledger that aggregates reviews, ratings, upvotes, reward points, and supply chain management for products and services that are offered through the platform. The platform is designed to make parenting cheaper, safer, and more rewarding. Through FamilyPoints, parents can shop for childcare and maternity products, educational services, and other services. They also earn reward points for leaving reviews on those products and services. With those reward points, parents can buy education services such as classes or consultations with parenting experts.

Website

familypoints.io

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ICO Details

Ticker Symbol:
FPT
Platform
Ethereum (ERC20)
Accepts:
LTC, ETH, USD, BCH, BTC
Soft Cap:
3,000,000 USD
Hard Cap:
12,500,000 USD
Country:
China
Total supply
225,000,000 FPT

Public Crowdsale

Ended
Date Sale:
Dec 1, 2017 — Dec 31, 2017 @ 30 days
Sale Avalable Tokens:
14,625,000 FPT @ 6.5%
Price:
1 FPT = 0.1 USD

ICO Overview

FamilyPoints is a scalable platform which uses blockchain ledgers as the foundation to support the three pillars of our Company’s principles: economic value, integrity, and education. Using transparent ledgers which can be seen by anyone and which cannot be tampered with, we 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. By cutting out the middleman, we can provide rewards which have real-world economic value to parents. We work directly with selected producers and brands, eliminate all unnecessary markups, and pass the savings on to parents. For parents who make a purchase, the rewards they receive can vary from between 5% to 40% of the cost of purchase. Parents can spend their rewards on the FamilyPoints platform to buy different kinds of services, from access to educational videos, to classes, and even insurance or family holidays which are focused on children and parents. Parents may even have the option to convert their rewards to cash in the future. The platform currently offers educational services that include online courses, live consultations with experts (beta version), access to the biggest parenting library in the world with 1,150 educational videos, webinars, and booking for offline classes centers. For customers, this means that FamilyPoints can also provide educational services and satisfy the needs of parents and children. We encourage customers to post content and provide feedback about the products and services we offer on FamilyPoints. Other users can then upvote helpful content and reviews with points (similar to Steem.it’s service). Not only does this create a sense of community, but it also lets honest reviews do the marketing rather than paid promotions.

About FamilyPoints The global market for parenting is worth US$889 billion, while education services are valued at a staggering $5 trillion. In one of the biggest parenting markets of the world, China, we see huge potential: 20 million babies are born each year and the nation is home to 234 million children aged 0-14. Moreover, 41% of Chinese families are planning on having a second child. In the world’s most populous nation, the value of the market for non-kindergarten education services will reach a predicted US$15.3 billion by 2020. Globally, parents face a series of problems when it comes to buying safe products for their children or choosing the right parenting and education services at reasonable prices. The first issue is price. Up to 60% of the price of a children’s product is attributable to marketing and promotion costs. Brands want to charge a premium, distributors add their commission, and e-commerce sites and retailers want to recoup promotion costs. They all trade on the fact that parents are prepared to pay more for safe products if they can afford them. 45% of Chinese moms and dads state cost as the deciding factor for not having a second child. The second is trust. China frequently makes the news for producing fake and dangerous products, ranging from milk powder to toxic paint on toys. This is exacerbated by fake reviews and comments, which prevents parents from reliably assessing product safety and quality or the quality of parenting services like education. In fact, parents have become so skeptical that 68% reported that they refuse to buy children’s products online. Honest and high-quality manufacturers and service providers are punished because the default position of parents is distrust. We don’t think this is fair or appropriate. So we have used our knowledge of the Chinese market, our experience in the parenting sector, our connections with major manufacturers of baby products, and our established subscriber base of 1.5 million users to create FamilyPoints - a platform that brings parents, experts, manufacturers, and service providers together. FamilyPoints is a scalable platform which uses blockchain ledgers as the foundation to support the three pillars of our Company’s principles: economic value, integrity, and education. Using transparent ledgers which can be seen by anyone and which cannot be tampered with, we 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.

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Team

Mikhail Konoplev
Adviser, Head of International Development, houzz.com
Yan Fisher
Head of Production
Ivan Solovyev
Country Director, China
Ana Rivas
Lead Expert and Chief Methodology Officer
Dmitriy Lezhnev
Chief Technology Officer
Ainar Abdrahmanov
CEO & Founder
Shaoming Yang
Chief Business Development Officer
Svetlana Kolesnikova
Director, Administration
Aloysius Kee
Chief E-commerce Officer
James Jeong
Business Development Manager
Philipp Panfilov
Product Owner, babystep.expert
Jinwei Li
Ecommerce Project Manager
Denis Makkaveev
General Manager International
Sonia Sharma
Country Manager, India
Filipp Panfilov
Product Owner, babystep.expert

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