Family Points - Bringing Smart Contracts to Smart Parents

About Family Points

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.

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, FPT 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.

FPT 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. FPT encourage customers to post content and provide feedback about the products and services FPT 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.

Mission

have a team of experts in the e-commerce and parenting businesses. Our team is global, but our core is based in China.
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.
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.

Market Problems

High markups
Too many fake reviews
Parents can’t afford to spend on education
Advertisement-driven communities

The FamilyPoints Solution

Eliminate excessive markups and pass the savings to parents
Genuine reviews powered by community upvotes
Provide parents with educational opportunities
Value driven community

Why FamilyPoints?

Significant Experience : FPT has more than 40 years of combined experience in e-commerce and maternity and baby products. Our partners include industry giants like Alibaba, Houzz, and Babyhaven.

The Biggest Library of Parenting Educational Videos in the World : FPT has produced, filmed, and maintained the world's largest library of parenting videos based on science and best practices. Our experts have shared their knowledge in an easy to consumer format.

Best Expertise Available for Parents : FPT has gathered the best parenting experts available to provide parents with answers and help provide them with peace of mind. Consulting with experts has never been easier.

G-Startup Beijing - the Biggest Startup Competition in China : FPT is e winners of the 2015 G-Startup Worldwide Competition in Beijing. This allowed our team to launch operations in China, one of the biggest parenting markets in the world.

1.5 Million Subscribers Follow Us : FPT has a list of partners who distribute our content to parent:

14,000 Baby Products : FPT has more than 14,000 baby products ready to be shipped to FamilyPoints's customers. Our inventory is substantial and growing every day because of our partnerships with Babyhaven.com, EduToys, Meikind, Nosh, and GreenTom.

Content Creation Made Global : translate FPT content in 8 different languages: English, Russian, Mandarin, Vietnamese, Spanish, Portuguese, Korean, and Japanese.

Global Legal Coverage : With our team of legal advisors from leading law firms, FPT is safely implementing our token model into the global market using existing loyalty program standards.

Our Company’s DNA : FPT founder started Babystep when he became a father for the first time. Our investors, partners, and advisors are all parents. For us, parenting, children’s products, and education are more than just the fastest growing markets, they are things we face every day in our lives. This is something we know intimately and can change for the better.

Mobile Application For Parents : There is extensive research about childhood development, but only few have access to it. FPT want to make that research available to parents in a format that is simple, practical, and easy to access. FPT mobile application links to FPT video library of exclusive educational parenting content.

In-House R&D Department : FPT has an internal design studio that has developed the “Kindergarten Cooperation Solution”, a business solution for kindergartens and early education centers. Equip classrooms with furniture and open new revenue streams for product sales.

Educational Service Providers : FPT has connections with more than 2,100 service providers who will provide our platform and its users with unparalleled educational services. All service providers will meet our rigorous standards of quality.

Warehouses & Logistics : FPT has established warehouses and logistics facilities in Singapore, Tianjin, Shenzhen, and Los Angeles. Our warehouses are strategically located and allow us to ship products globally with ease. For shipping, we have already partnered with UPS, Deppon, and SF Express.

Token : FPT
PreICO Price : 1 FPT = 0.10 USD
Price : 1 FPT = 0.10 USD
Bonus :

Pre-Sale 20%
Day 1 20%
Days 2-7 10%
Week 2 7%
Week 3 4%

Platform : Ethereum (ERC 20)
Accepting : XEM, BTC, ETH, LTC, BCH, Fiat
Soft cap : 3,000,000 USD
Hard cap : 25,000,000USD

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Bounty campaigns will last until the end ICO . The rules of each bounty pool are different, the sizes of the pools are different, and points do not carry over from pool to pool. PLEASE READ ALL RULES CAREFULLY.