INTRODUCTION
“Our point of view on gamification is it all comes down to this idea of motivating people through data. Smart companies can take that data and use that to motivate better performance.” – Rajat Paharia, CPO & Co- founder, Bunchball 1.1 Vision
GOLDReward’s vision is to make it possible to reward every aspect of human endeavour. We picture a world where any form of effort can be quantified and compensated with pinpoint accuracy devoid of bias. This will increase motivation and satisfaction in any sphere of life where our principles and technology are applied.
Problem
In the world as we know it repetitive tasks get boring over time. The human mind is infinitely elastic and always willing to accommodate new things. When an intelligent mind does something over and over the cells and organs get into a state where they are not stretched. As a result, this creates a normalized set of automated processes in the body causing the mind to either drift off or become dormant. At this point in time the mind will either start day-dreaming (self-hypnosis) or switch off. This repeated over and over causes a loss of energy, lack of motivation and ultimately low output.
Attempts have been made to boost productivity through compensation but these have been faced with the problem of bias and non-uniformity in quantification of effort.
Solution
GOLDReward leverages on blockchain technology to accurately quantify effort and offer gratification in an unbiased, secure manner across different aspects of daily living including learning, skill acquisition, work, health and fitness. By integrating the GoldReward API, any organization, platform or individual can apply game theory to motivate and improve productivity. This technology is supported by a high value reward system that provides liquidity