ICO Review: GYM - entire solution to support getting paid for exercising
The GYM Rewards project consists of an entire solution to support getting paid for exercising. From the Blockchain that supports Proof of Exercise to the GYM Rewards Exchange for gymnasiums and other partners to come and exchange GYM Tokens. There is no need to wait for exchanges to support GYM and there is no need to take the risk of getting stuck with useless tokens.
The GYM Rewards app is a patent pending app that rewards you for exercising at the GYM by introducing Proof of Exercise to the blockchain. The more you exercise at the GYM, the more GYM Coins you will earn. GYM Coins are redeemable at your local participating gyms and will be tradable at participating cryptocurrency exchanges.
Why the Blockchain?
When we started thinking about our project we had one thing in mind. What can we do so the big mining farms stop getting all of the market share? The main reason we all love cryptocurrency is because it skips the middle man, and because, we thought we would be able to actually eliminate unfair distribution of currency. Big mining farms have taught us that he who has the most money can make the most money, just like in most our corporate societies. This is where GYM Rewards comes in. We will have the first cryptocurrency that will only be minable by our bodies. We are all equal, the only thing that will differentiate who owns more currency will be measure by the sweat of our exercises.
-Proof of Exercise (POE)
-Heart rate monitoring
-Cryptocurrency wallet
-Tokens and Smart Contracts
-Social Networking
-Rewards referral features
Track your exercises and profits with our GYM App using today’s leading health devices.
The ultimate goal of GYM is to be the all-in-one solution to pay athletes for their exercise, provide wallet to manage their earnings and optimize their exercise routines.
-Heart rate monitoring
-Exercise log
-Cryptocurrency Wallet
Exercise earnings are based on (POE) Proof of work exercising. This means the less amount you can earn, there more valuable the tokens will become. These are the initial estimates:
-Running 10 minutes: .1666667 GYMs per Minute.
-Running 1 hour: 10 GYMs per hour.
Detail Information:
Website: https://gymrewards.io/
Whitepaper: https://files.acrobat.com/a/preview/5768cdf0-05ee-484d-8eb1-1cbfa56512c5
Telegram: https://t.me/gymrewards
Twitter: https://twitter.com/GymRewards?lang=en
Facebook :https://www.facebook.com/gymrewards.io/
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