As blockchain technology has advanced, various means of consensus and mining mechanisms have been developed. While the typical approach has been to integrate some form of computational means of mining coins or tokens, a few projects have considered out of the box ideas by recognizing tokens as a great means to incentivize particular actions or decisions.

A blockchain start-up aims to counter one of the most prominent problems in modern society: lack of exercise. Lack of exercise doesn’t just lead to weight gain, but also, consequently, many health problems. A new development called Dtrack leverages tokens as an incentive mechanism to draw its users towards an active lifestyle.

What Is Dtrack?

Dtrack is a complementary cryptocurrency that has been developed on the Ethereum Network to allow anyone, regardless of technical ability, easy access their first cryptocurrency.

Within a few minutes of installing the mobile app, any user can see Dtrack being added to their wallet via the unique body activity-initiated (Proof of Exercise) mining experience. While most cryptocurrencies are mined with computational power, Dtrack can be obtained via body (activity) mining. The app runs in the background and tracks your steps and heartbeats.

The project’s founding team has developed a fully functioning cryptocurrency with some unique features. They’ve identified multiple enormous markets and are developing free iOS and Android apps.

Proof of Exercise (PoE)

The Dtrack Token introduces Proof or Exercise (POE).

PoE mining is managed by a smart contract-based rewards system that is activated by detecting locations in the geolocation coordinates and then tracking your steps and heartbeat via the Dtrack mobile App. As the smart contract track activity, a distribution of tokens is triggered to deliver block rewards to the active users’ wallets.

Smartwatch Integration

There is a mining technology in the Dtrack app which enables the user to synchronize the application with the Dtrack water-resistant smartwatch.

This technology offers a flexible utility to the app as it can be connected to more than just a smartphone. The Dtrack token is designed to be mineable from any distance and through any distance-generating physical exercise; the app’s underlying infrastructure rapidly detects new exercises so, as long as work is being done in the true definition of a physics textbook (work = force * distance), tokens will be mined.

The app changes modes to track distance covered per kilometre by various activities, including walking, swimming, sprinting, skating, skiing, and diving. Users will be able to switch between these modes.

Peer-to-Peer VR Exercise Platform.

Diet and fitness betting platforms have become a multi-million dollar market and this is where Dtrack draws utility to its token. Users must first deliver some activity to be able to take on more challenging fitness goals, which includes fitness bets.

Dtrack will provide an avenue for subscribers to place a bet on the virtual reality section of the application; individuals will place a bet against the avatar of themselves on the various varieties of physical events, games, and social practices. The p2p nature of the platform will give game developers the opportunity to capitalize on a market segment—physical activity—that had not been integrated with gaming yet.

Each game will be thoroughly examined by the found team before it will be showcased to public subscribers. This will make placements competitive and will enable higher quality developers to avoid competing against a spam of poor developments. Such an integration in the fitness segment will ensure a consistent flow of creative ideas are used to keep people engaged on activities that keep them healthy. The VR platform will allow individuals to participate in social activities by betting against other users.

Dtrack is taking an innovative approach to tackle the lack of an active lifestyle in today’s society. The project’s key objective is to build an active aspect to today’s digitalized lifestyles; it leverages tokenization as a means to deliver incentives to people who need an extra bit of motivation to get themselves going.

Important Links

Dtrack is conducting an IEO on Satoexchange: https://www.satoexchange.com/ico/DTK/
Website: https://dtrack.org/
Whitepaper: https://dtrack.org/assets/whitepaper.pdf

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