Earn crypto for working out and store 'em on a fitness bracelet - Review

in ledger •  6 years ago 

GYM Ledger https://gymledger.com blockchain project is trying to address two very interesting issues:

  1. It lets you earn cryptocurrency tokens for working out.

  2. You can Carry your fashionable bracelet hardware ledger always with you.

cOMBO (1).jpg

As for the fitness rewards, they have already a working product, an Android App, which connects to a Bluetooth heart rate monitor. By working out you earn GYM token, previously on the Ethereum Blockchain (https://etherscan.io/token/0x92d3e963aa94d909869940a8d15fa16ccbc6655e) but they have switched to the EOS Blockchain (https://www.bloks.io/account/gymrewardsio). The protocol used is the innovative POE (proof of exercise) and the reward tokens will be tradeable on major exchanges and redeemable on the GYM marketplace.

The GYM hardware ledger is not here yet, but I am looking forward to it. They will integrate the Fitness rewards App and support multiple cryptocurrencies. This wearable ledger differentiates itself from the ledgers already on the market. It will be The World’s 1st Health Band with integrated Hardware Wallet. It will make cryptocurrencies fashionable and you can carry your wallet always with you. The ledger will also be able to stake the native LGR token for a up to 5% staking reward and it will be possible to swap between the LGR and GYM tokens.

If you want to know more about this project, have a look at their whitepaper:

https://files.acrobat.com/a/preview/b3e84499-07d7-47fa-8323-9d60196458f7

and their Tokenomics:

https://files.acrobat.com/a/preview/2f7059ee-5bac-4e70-b3d8-c1ed9e88b803

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