Beat Allows You to Earn Cryptocurrency by Working Out

in #cryptocurrency6 years ago (edited)

BEAT is a blockchain based cryptocurrency founded by Daniel Hanelt, who has an extremely innovative idea to engage more people towards sports and healthy living. It is really a great incentive to connect human life with Blockchain Technology. Through this platform, people get rewarded and motivated for their workout and sports. This technology has the potential to transform the health industry.

Today people have already generated billions of data points by fitness apps, trackers and various software systems but they're almost useless because the data is locked, isolated, not accessible stored in databanks owned by companies that don't interact with their users. All this data has huge value and potential that most people do not even realize and cannot utilize.


To begin using the beat platform people have to download the NoExcuse app. Once the app is downloaded it will automatically connect all the decentralized apps people use while playing sports or going to the gym. Once the sport or exercise session ends, users receive BEAT Tokens proportional to the exercise they do. Users can continue to accumulate BEAT Tokens, and once they have enough beat tokens they can actually use them to make transactions. At the moment users can use beat tokens to make payments on marketplaces like bedarf.de or trade their BEAT on crypto exchanges. BEAT is providing a smart contract infrastructure to agree on goals and freeing billions of sponsorships money to be spent on the right target and puts this concept to other blockchain companies.

The BEAT Blockchain ecosystem connects Data Providers, Data Consumers, and the Trusted Third Parties. BEAT provides their users with the ability to use health related data, share it with sports sponsors, talent scouts, doctors, insurance companies, and unlock the vast potential of their health and fitness data themselves. For users to truly reap the benefits from the BEAT platform they must store their data on the BEAT blockchain, connect their wallet to the blockchain, and then simply accept contracts from the people who want to view their health and fitness data.

Some ways that BEAT tokens and the BEAT ecosystem could be used are:

  1. Health insurance providers can use the beat blockchain to reward or provide discounts to the people who start exercising or living a healthier lifestyle
  2. Anyone could create a fitness and diet challenge for their closed people. For example, two friends who want to lose weight for their summer holiday could challenge another.
  3. It can be used to pay gym membership fee and a gym or company could create offer BEAT Tokens for their employees to motivate them to do the workout.
  4. A gym could offer a special discount on prizes like free drinks or host competitions between fitness instructors to see whose clients burned the most calories or lost the most weight.
    There are many other places where we can use BEAT Tokens.

BEAT is an extremely well-funded business by famous companies like Gantner, GOCARDLESS, MATRIX, InBody, LifeFitness and field fisher already running, already generating millions in revenue and ready to deliver mass adoption use cases.

Website: https://beat.org/its/register.html
Bitcointalk: https://bitcointalk.org/index.php?topic=2851951.0
Telegram: https://www.youtube.com/c/beattoken
Whitepaper: https://beat.org/#whitepaper
Facebook: https://www.facebook.com/BeatToken/
Twitter: @beattoken
Github: https://github.com/beat-its/smart-contracts

Proof of Work for https://bitcointalk.org/index.php?action=profile;u=1887821

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