Do you go to a gym? Or do you need some motivation to go to the gym?
Gymrewards is a platform where you can actually mine gym tokens while doing exercising. You can earn free coins just by sweating, running on a treadmill. That's right; you earn while remaining healthy. Gymreward is paying us for our exercise.
The aim of gymreward is to motivate people to exercise and reward those who are taking care of themselves every day. It is a significant advantage for the athletes who have to work out. They will now earn money while doing that.
Lots are people are not conscious of their health. They are too tired to go to the gym to exercise. They need some motivation to go to the gym and do some exercise. And the motivation is not magic that it comes itself. But, there come gym reward tokens which are mineable by our body (while working out). Gymrewards is based on Proof of Exercise. It is a contract-based rewarding system which uses heartbeat rate to reward with a block to the user, once the required time is met. It is blockchain based. Mining tokens are based on the mining difficulty which means that the fewer tokens we earn, the more valuable it will become. Running one hour will give us 10 GYMs while running only for ten minutes gives us 0.1666667 GYMs per minute.
We can start mining just by downloading the app, starting the heartbeat rate monitoring option in the app. Yes, that's it, now you will mine cryptocurrency by keeping yourself fit.
We can also earn money by submitting an athletic event in the gym reward's official website and by encouraging the athletes to download the app via our referral code. The app will monitor their heart rate, and their body will mine the GYM tokens. We will be able to earn 0.5% of their received tokens. Not only in that event but we will be collecting from them forever when they make tokens for themselves.
Also, if our local gym is not a participant, we can earn tokens by sponsoring the gym and make money from all of its mining. We will have to submit approval for the gym in the gym reward's official website and allow the participants of the gym to download the app via our referral code and make 0.5% of what so ever they earn for the lifetime.
The Gym rewards token is an ERC-20 compatible token which is redeemable at your local participating gyms and will be tradable at participating cryptocurrency exchanges. It is from the Plata Blockchain that is mineable by the Proof of Exercise (POE) component. The journey of gym reward is already on its way. The token sale has begun in March 2018. The GYM transaction fees will be distributed to the investors of the ICO funding of the gym rewards app will be used for the fitness industry.
https://gymbase.io is Gym Rewards own token exchange supporting GYM Tokens, New ICO tokens, and cryptocurrencies.
Connect with Gym rewards:
official website - https://gymbase.io/
facebook - https://www.facebook.com/gymrewards.io/
twitter - https://twitter.com/GymRewards?lang=en
Github - https://github.com/GYMRewards
Reddit - https://redd.it/7sfs9x
Participate in the gym reward bounty campaign and earn some free GYM tokens here - https://bountyhive.io/join/GymRewards
Be my referral - https://www.bountyhive.io/r/Sajal
- Sajal
Wow! I am fat 😣
Now, I will join gym and earn money from gymrewards 😂
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Great one mate.
Nice article.
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Nice to see you posting in steemit.
Looks like a great future is here.
Excellent project.
And nicely presented @jokereader
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