FAMILYPOINTS: AN ANSWER WHEN THE LARGEST GROWING INDUSTRY NEEDS INNOVATION

 

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. 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. 45% of Chinese moms and dads state cost as the deciding factor for not having a second child.

Honest and high-quality manufacturers and service providers are punished because the default position of parents is distrust. 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.

Babystep

Babystep is poised to access the potential of China’s huge market and before expanding globally, by ensures that parents buy safe products for their children through the platform. FamilyPoints work directly with selected producers and brands, eliminate all unnecessary markups, and pass the savings on to parents. 1.5 million-strong subscriber base from Babystep.tv and key opinion leaders in the maternity and baby community will become the early adopters and ambassadors of the FamilyPoints platform. Transactions and rewards are based on the blockchain and are therefore publicly visible, complete transparency is assured.

Babystep marked its entry into the maternity and baby market by developing a portal where new parents could learn parenting techniques based on science and proven facts, rather than techniques based on legend or culture. FamilyPoints offerings resonated with parents and Babystep now has the largest video library of educational parenting content in the world with more than 1,150 videos localized into 8 languages.

Familypoints: Unique Business Experience in The Market and an Expert Core Team

FamilyPoints is being created to tackle multiple problems in the traditional maternity and baby industry as it exists today. The entire ecosystem is built around three core values which fundamentally undermine the problems parents face today. First, the platform allows users to earn substantial rewards and savings while purchasing the goods and services that are essential in providing good quality childcare. Second, the platform’s integration with blockchain is absolutely vital in establishing a system of trust. Finally, the platform leverages the rewards a customer can earn and a system which ultimately promotes the best products and services to provide parents with a positive educational impact. FamilyPoints ecosystem turns the high markup model on its head by giving back the cost savings we create to end users and providing an environment where those users have the ability to invest in the education of their children.

FamilyPoints will have live streaming capabilities so experts and language teachers can run free and paid webinars and classes for parents and children. Parents can search for and directly speak with parenting experts on FamilyPoints to ask any questions that they may have. Experts are asked to provide the first 10 minutes of the first call with a new customer for free.

System Overview

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. The platform shows customers both the product price (US$100) and the reward that is available in points once the transaction is completed. FamilyPoints provides reward points by eliminating high product margins. However, unlike most reward systems on other platforms, FamilyPoints gives back between 5% and 40% of the product price through reward points.

What is a FamilyPoints Token?

FamilyPoints Token (FPT) is an ERC20 compliant token which can be traded on cryptocurrency exchanges and stored in Ethereum-compatible wallets. FPT tokens are discount tokens that can be redeemed for products and services on the FamilyPoints platform. Using FPT, users can receive discounts of up to 80% on subscription fees. Additionally, users can also use FPT to purchase certain products or services with significant discounts.

Business Model

Babystep is planning on establishing a hybrid subscription and marketplace model for the FamilyPoints platform. All users must pay a nominal subscription fee to participate in the FamilyPoints platform services. Subscription fees can be paid in local fiat currencies. Users may use FPT to receive discounts of up to 80% on the cost of their subscription. Shoppers gain immediate benefits of subscribing to the FamilyPoints platform through the savings they will earn. Finally, retailers and manufacturers can eliminate the middleman and sell their goods directly from their factories to end users and pass on huge savings.

ICO Crowsale

Token :	FPT
PreICO Price :	1 FPT = 0.10 USD
Price :	1 FPT = 0.10 USD
Bonus :	Available
Platform :	Ethereum
Accepting :	XEM, BTC, ETH, LTC, BCH, Fiat
Soft cap :	3,000,000 USD
Hard cap :	25,000,000USD

Team

Team

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

Advisors

Ken Huang Youngyuan Li Leonard Grayver Kenneth Oh Artem Tolkachev Dr. Paul Hampton

Quik Links

Website

Whitepaper

Facebook

Twitter

Telegram

Written By: putri_dewi
Bitcointalk profile: https://bitcointalk.org/index.php?action=profile;u=1132669;sa=summary
address of ethereum wallet: 0x4aD3D0C2A47FfA55547DBb36630A77912BC5Ff21