Monetizing active lifestyle.

dmitriysar (45)in #crypto • 6 years ago

MOVEMENT — is a new ecosystem, where everyone would be able to get coins for beating the distance. It could be running, jogging or walking, outside or using a treadmill. Users will be able to spend their coins in Movementin-app Store by purchasing sports goods, sports nutrition, sportswear and online Fitness & Yoga courses. Or they could simply trade it into tokens and exchange it to any cryptocurrency or sell.

At the present time, we are developing an app and the economic model for monetization of active lifestyle and sports. The development is based on blockchain technology and smart-contracts. The currency that will be used inside Movement App is a RUN coin, it will give the ability to interact with the platform. RUN coin could be used for in-app purchases and for trading it into ERC-20 MOVE Tokens, which could be exchanged or sold at the marketplace.

Users will be given an ability to use their own time and energy to make profit. Movement App would also become a place for a community with common interests in sports, active & healthy lifestyle and healthy nutrition.

How Movement App works?

As could be seen from the scheme above, the system will have the following operation principle:
As user runs, jogs, walks and beats the distance RUN coins are being added to his account in real-time. The number of coins rewarded depends on several factors such as total distance, time spent, calories burnt (if synchronized with apps with such calculating functions) and the amount of MOVE Tokens in users’ wallet.

The main feature of MOVE Tokens in Movement Economic System is to form an efficiency multiplier and serve as a bonus coefficient applied to the amount of RUN coins rewarded by the Movement App AP

For Regular.
User By using blockchain technology and smart-contracts, we wish to give every user the ability to monetize its’ physical activity with no obstacles. Users will be given an ability to start making profit in one click.

Fast Sign up process and synchronizing the API with accelerometer and other sensors of the smartphone is the only thing needed to start earning coins.

Every registered user will be given a wallet inside the Movement App. All the data as well as earned coins and purchased tokens will be safely secured in it. User will be able to operate with the wallet via smartcontract. Wallet will also show the real-life exchange rate and give user the ability to exchange RUN coins into MOVE Tokens.