MOVEMENT: USING BLOCKCHAIN TECHNOLOGY TO MONETIZE ACTIVE LIFESTYLE

in #cryptocurrency6 years ago

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Every individual spends their time and energy for transporting irrespective of their profession, hobby or sporting behavior. Such individual may be taking a walk to work or back home, sport event or just taking a short walk with friends and family.
Hundreds of millions of people participate in marathons and other running competition all over the world, making it one of the most popular sports in the world right now. Over the past year the total number of running evens participants raised by 13.25%.
The Platforms available on the market presently lacks the provision of the real economic model and mainly give the capability to track sports and health indicators of user.
Our team is developing an app and the economic model for monetization of sports and active lifestyle, this development will be based on blockchain technology and smart-contracts.
About 2bn people, which is 28% from the word population live an active lifestyle and workout on daily basis. Stating the exact percentage of people who uses walking as the main mode of transportation in their everyday life is quite difficult, but obviously every individual beat short and medium distance by walking, this number is predicted to be over 80% of the world population and bearing in mind that 2.38bn people has been said to make use of smartphones in their everyday life, makes the Idea of monetizing active lifestyle and sports a promising one.

THE MOVEMENT APP
This app will give interested individuals the ability to monetize their personal sports activities, travel and everyday life; this will definitely motivate users to leave an active life style.
By using blockchain technology and smart contracts to establish an economic dimension to the platform, this app will motivate users to work out and also use walking as a main mode of transportation. The movement app will transfer users daily moves into tokens, this means they will get profit for any time they spend jogging, running or for just walking to work/classes and back home, it also gives participants the ability to control health conditions and improve it as well.
The Movement Platform has put in place unique competitions that would improve the experience and retention of users and this is fundamental for the growth of the platform. These competitions include:
• Tournament: This would be a league or leader system where there would be rewards and prices for 1st, 2nd and 3rd places.
• 1 vs. 1 bet: This would give participants the ability to challenge each other.
• Daily Challenges: Using the user’s previous physical activity history, a reasonable distance (undisclosed until user accepts challenge) would be given to them to run as a daily challenge.
Presently some other platforms like Sweatcoin and Runister platforms launched 2015 and 2016 respectively are enjoying large user base on the market right now. These platforms which are facing a great number of problems don’t make use of the blockchain technology and smart-contract and this gives Movement App an edge over them.

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THE MOVEMENT COIN (RUN COIN)
On this new ecosystem, individuals would get coins for beating the distance by running, jogging or walking or even by using a treadmill. The RUN coin which is unlimited is the currency inside the movement App; it will allow users interact with the platform, purchase items (sports goods, sports nutrition, sportswear and online fitness and Yoga courses) from the Movement in-app store. It can also be traded into ERC-20 MOVE TOKENS, thereby making it possible to be exchanged or sold at the marketplace.

THE RUNNING POOLS
This functionality allows runners to cooperate themselves with the MOVE Token holder (investors).
This Movement acts as the mediator for this process that allows holders of MOVE Tokens to sponsor some running team, the runner in order hand generates revenue for the platform by performing physical activities by means of advertising. The investors obviously get the bigger cut of the bonus and runners getting some bonus also because they were the ones that did the physical exercises which generated the RUN Coins.

OUR ICO INVESTMENT
When participants purchase Move Tokens on the first and second phases of our Token sale, contributors are entitled to the following:
• Move Tokens will be purchased at a price way lower than the potential market price after the token sale and listings.
• Early-access to the Movement App for Alpha & Beta – Tests
• The platforms unique economic system developed by our team has the potential to become a basis for a new ‘mining rush’ which will certainly cause a rapid price grow.
• Allowing participant to discuss with developers about improvements in platforms performance.

REFERAL BONUS
Users get bonus in RUN Coins for referring a friend to the Movement App, the referred user also gets a bonus as well.

SECURITY MEASURES AND ANTI-FRAUD SYSTEM
Using the readings from the accelerometer, a pedometer in software is implemented. The pedometer will help extract the magnitude of the acceleration vector from the accelerometer.
More sensors like gyroscope, magnetometer are combined using sensor fusion to get different signatures and get a more unique signature of the walking pattern, this helps this approach from being deceived by simulating the acceleration pattern, which can be done by attaching the accelerometer to any moving object, animal or a mechanism that would give periodic peaks that would be detected as steps.

THE PROJECTS ROADMAP

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January 2017 - Idea Found
February 2017 > June 2017 - Research Consultants with Advisors, Technical Research
October 2017 – Whitepaper Published
October 2017 > November 2017 – Brand Awareness Marketing
December 2017 – Token Sale Phase 1
February 2018 – Token Sale Phase 2, Exchange Listing
March 2018 – Movement App Alpha
June 2018 – Movement App Release

THE PROJECTS TOKEN SALE BY PHASES
Phase 1: Pre-ICO
Start Date: December 15, 2017 (12:00 PM NYC TIME, UTC -4)
End Date: December 25, 2017 (12:00 PM NYC TIME, UTC -4)
Movement App Pre-ICO Token Sale Cap: 3’072’000 MOVE
Minimal Goal to Start: 240’000 MOVE
Accepted Currency: ETH, BTC, LTC
Token Exchange Rate:
Stage 1: 1ETH = 1200 MOVE (240’000 MOVE)
Stage 2: 1ETH = 1080 MOVE (360’000 MOVE)
Stage 3: 1ETH = 960 MOVE (960’000 MOVE)
Stage 4: 1ETH = 840 MOVE (1’512’000 MOVE)
Amount of tokens per one person: Unlimited
Minimal transaction amount in Ethereum: 0.1ETH
Minimal transaction amount in Bitcoin: None
Minimal transaction amount in Litecoin: None
Maximum transaction amount: Unlimited
Second Phase: ICO
Start date: February 2018
End date: March 2018
Movement App ICO token sale cap: 10'000'000 MOVE
Currency accepted: ETH, BTC, LTC
Token exchange rate: 1ETH = 600 MOVE
Minimal transaction amount in Ethereum: 0.1ETH
Minimal transaction amount in Bitcoin: None
Minimal transaction amount in Litecoin: None
Maximum transaction amount: Unlimited
Bonuses:
Week 1: bonus +20%

DISTRIBUTION OF MOVE TOKEN

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Move tokens would be tradable a few days after the end of crowdsale. At exactly 14days after crowdsale the marketplaces will be announced officially.
The total amount of Token made available for sale is 13,072,000 Move. If the available Token are not completely sold at the end the First and second phases of the Token sale, the left over token(s) will be burnt.
21,172,000 Move is the constant amount of Token deployed. The platform being controlled by Smart-Contract does not allow deployment of additional tokens.

CONTRIBUTED FUNDS UTILIZATION

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Platform Developing - 55%
Marketing - 35%
Legal - 5%
Operations - 3%
Security – 2%

MOVEMENT PARTNERS

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THE MOVEMENT TEAM
Martin Holt - Founder & CEO
Robert Hawkins - Co-founder & CTO
James Latham - Engineering Lead
John Yates - Web Developer
For more information about the movement project and to connect with other participants across the globe, please visit any of the links mentioned below;
ANN thread: https://bitcointalk.org/index.php?topic=2368873.0
Website: https://www.movementapp.io/
Twitter: https://twitter.com/Movement_app_
Facebook: https://www.facebook.com/Movement-App-478970352502125/
Whitepaper: https://d3pdmwutokxl28.cloudfront.net/Movement_App_Whitepaper_Final.pdf
AUTHORED BY: teejaymuna
BITCOINTALK URL: https://bitcointalk.org/index.php?action=profile
WALLET: 0x33E8810b5432ccD823b6c45975A55Fb9F6c931D6

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