Most platforms only care about your wallet. They do care about your money, but nothing else. So it must be great if there is a platform which will manage not only your digital assets but also you yourself as a valuable person. That is exactly what GYM Rewards will be.
The Background of Project
The idea of this project came from the observation on people’s behaviour toward their health. Some people do not really care about their own health. Others do care, but they have not enough motivation to do some exercises.
However, it is understandable, especially for people who live in major cities. They are too exhausted after work all day, so most of them choose to just go home, watching some series and go to bed. This behaviour is caused by having no motivation to do something for their health.
Others try to motivate themselves by going to a popular gym, bringing their friends to do the exercise together at the gym etc. But still, they are not motivated enough to make exercising as a routine.
How GYM Rewards Will Motivate People
Actually, exercising will not only strengthen the muscles, but also strengthen your heart, bones, and give you the shape. Besides giving you the ideal shape of the body, reducing body fat will also prevent you from other health problems.
Ironically, doing exercises for health purpose is not enough for some people to start going to the gym. People these days will not do something which gives them no dollars. So, GYM rewards aim to motivate people to do the exercises with currency, as a valuable compensation for those who are taking time to take care of their health.
Features
GYM rewards have an application which can be downloaded called GYM mobile app. This app consists of some features such as heart rate monitoring, exercise log, and cryptocurrency wallet. The features enable its users to track their exercise progress while getting an amount of cryptocurrency as the rewards.
GYM rewards also have a contract-based system called Proof of Exercise (PoE). It is designed to be able to detect locations of the users. Then, based on the heart rate monitoring on GYM mobile app, the system will send the rewards after a period time of exercising has been ended.
There are more explanations about how both works. You can read the rest information on GYM rewards whitepaper under the subtitles: Proof of Exercise and The GYM Rewards App. All of the features are well-explained and easy to understand.
Token and ICO Information
GYM rewards are built based on blockchain technology and have its own token called GYM tokens. This token will be used for all transactions occur within GYM rewards ecosystem, including but not limited to the rewards for its users.
The users can mine this token by using their body. It means the more their exercise, the more time they spend, the more GYM tokens they will get. Besides being used as rewards, GYM tokens will also be accepted by the cryptocurrency exchanges. You can purchase the tokens now, since the token sale has been started in March 2018.
Conclusion
After reading out the whitepaper knew the background of this project and its credible team members who work hard on the project, all I have to say is this project is great. Differs from other complicated and cumbersome project, all of the plan GYM rewards going to do .is simply and realistic.
Besides, this platform also has worked in partnership with large gyms in the United States and in the near future, other gyms in other countries will follow. So this platform is ready to put all of the plans into a real action.
Link:
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Whitepaper
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Author:
bitterdog
ETH: 0x939e987B687d1E21d175340C02373bdDCEe31Bc7
Does this app actually harness the users body energy to mine cryptocurrency? 😉
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There are more explanations about how both works. You can read the rest information on GYM rewards whitepaper.
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This stuff blows my mind!
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