The Bound App Encourages Punctuality Through Monetary Punishments
Rahul Kalvapalle — August 5, 2016 — Tech
References: boundco.webflow.io & bostinno.streetwise.co
Bound is an innovative new smartphone app, set to be launched in beta trial mode by the end of this week, that is designed to help you encourage punctuality among your friends and family members by doling out monetary 'punishments' to them in the event that they are late.
We all know someone who has a hard time being punctual, either because they are disorganized or they simply don't care about being on time. Either way, it's an annoying habit that you can try to break through the Bound app. The app lets you encourage punctuality by making it possible for you and your network users to agree on dates, times and locations for your plans -- users who show up late are then charged for their misdemeanor.
This app looks to be a fun and potentially effective way to promote punctuality.
We all know someone who has a hard time being punctual, either because they are disorganized or they simply don't care about being on time. Either way, it's an annoying habit that you can try to break through the Bound app. The app lets you encourage punctuality by making it possible for you and your network users to agree on dates, times and locations for your plans -- users who show up late are then charged for their misdemeanor.
This app looks to be a fun and potentially effective way to promote punctuality.
Trend Themes
1. Punctuality-promoting Apps - The trend of apps that encourage punctuality through various incentives, such as monetary punishments.
2. Monetary 'punishments' - The trend of using financial penalties as a method to enforce punctuality and accountability.
3. Network Users - The trend of creating social networks centered around accountability and time management.
Industry Implications
1. Mobile App Development - The industry that develops and creates smartphone apps that promote punctuality and accountability.
2. Personal Productivity - The industry focused on developing products and services to improve individuals' time management and organizational skills.
3. Social Networking - The industry that provides platforms for connecting users and fostering accountability and punctuality within social circles.
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