Movement App - Unique Platform to Monetize your Exercise

bigcash2011 (33)in #ico • 7 years ago

Blockchain projects are taking internet by storm. What they haven’t done responsibly yet is having apps to incentivize focus on health and fitness. The new Movement App does just that. It pays you to run, jog, walk and exercise. It holds contests to encourage you further. Like franchise sport, you can bet on anyone’s athletic commitments too. It sounds too good to be true at the moment. But the team’s backstory and the setup they have going for themselves, ensures Movement App can pull it off. Let’s look into this blockchain based fitness project in detail. We are going to discuss about their ICO announcement too. All the details can be accessed at: https://www.movementapp.io/

How it works?
Within the premises of Movement App, every user is given a wallet. Data, coins and token will be safely stored in the wallet. The wallet is interacted with, based on smart contracts. You have real time exchange rates for your coins and tokens. You can exchange RUN coins into MOVE tokens and vice versa. RUN coins are earned by beating the distance. You need to walk, jog and run a certain distance to earn RUN coins. These coins can be used to shop items in the app. The reward is determined by distance covered, calories burnt, time spent etc… It cannot be exchanged traded like ERC20 tokens. MOVE is the official token for Movement App project. It can be sold for crypto as well as fiat assets. The MOVE token acts as an efficiency multiplier. So when you own MOVE tokens, you can earn more RUN tokens for your activity. It is similar to how Steem Power works in Steemit ecosystem.

Long list of features:
• Earn coins: Beat the distance through our app and earn rewards. You earn RUN coins for every athletic feat. The RUN
coins can be traded for tokens and thereby, for cash.
• In-app purchases: You can spend RUN coins to purchases sporting goods from Movement store.
• Decentralized: The cumulative data and tokens are safely stored and transparently available as part of the Ethereum
blockchain.
• Competition: Compete with other users in one on one bets. You can also participate in tournaments.
• Running pools: You don’t have to run to earn rewards. You can bet on runners with your MOVE tokens. Enjoy a share
of their running income, without breaking a sweat.
• Fair & Secure: With sensor-fusion, machine learning and data analysis, Movement App ensure fair rewards.

ICO Details:
The first phase of token sale of the pre-ICO started by 15th December and got over by 25th December 2017. The 10 day period had a max cap of 3 million tokens. The tokens go by the ticker – MOVE. Second phase of token sale or the ICO starts by February 2018 and ends by March 2018. Ethereum (ETH), Bitcoin (BTC) and LiteCoin (LTC) are the only accept payment methods. The tokens are priced at 3600 MOVE tokens per 1 ETH. First week bonus of 20%, second week bonus of 10% and third week bonus of 5% is applicable on all contributions.