Abstract: A system and a method for tracking performance of user performing and rewarding the users upon completion of the tasks are disclosed. The method comprises generating a plurality of tasks by the system. The plurality of tasks is also customizable by a first user. The plurality of tasks or customized tasks is assigned to a plurality of second users. Further, a schedule and reward points for performing each of the plurality of the tasks by one or more second users among the plurality of second users is defined. Subsequently, performance of the plurality of second users in executing the tasks is tracked. The performance is tracked based on the schedule defined in order to assign the reward points to the plurality of second users. The method further comprises converting the reward points into a monetary value.