Movement

in #movementapp6 years ago


This is a new ecosystem that transfers user’s moves into tokens. This article describes how we use blockchain technology and smart contracts to implement economic dimension to the Movement App. That motivates users to workout or to use walking as a main mode of transportation. From now, all the time that people spend for running, jogging or even walking to work/classes and back home will become profitable. We combined ages of experience in app creation with advices of experienced and successful people from sports industry as well as blockchain industry to create the following whitepaper and the Movement App.
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.

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 smart-contract. Wallet will also show the real-life exchange rate and give user the ability to exchange RUN coins into MOVE Tokens. 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 API.
Movement™ App will support Smart Watch technology as well as integration with all most popular smart accessories and apps for sports and health & activity tracking such as: Fitbit, Google Fit, Apple Watch, Apple Health Kit, etc.
Gained RUN coins could be spent at in-app shop or exchanged for MOVE Tokens.
EXAMPLE:
USER 'A' HAS 0 MOVE TOKENS IN MOVEMENTTM WALLET SO THE COINS MULTIPLIER IS x0
USER ‘A’ BEATS THE DISTANCE OF 1km AND GETS REWARDED WITH 100 RUN COINS.
USER ‘B’ HAS 1 MOVE TOKEN IN MOVEMENTTM WALLET SO THE MULTIPLIER IS x0.5.
USER ‘B’ BEATS THE DISTANCE OF 1km AND GETS 150 RUN COINS FOR IT.
*all the numbers stated are arbitrary

Pre-ICO & ICO

Investors By purchasing MOVE Tokens on First & Second phases of the Token sale contributor gets the following: - MOVE Tokens at a price that is way lower than the potential market price after the token sale and listings. - Early-access to the Movement App for Alpha & Beta - Tests - The unique economic system that was developed by our team has a potential to become a basis for a new ‘mining rush’ which causes rapid price grow. - Ability to participate in discussion with developers about improvements in platforms performance.

Token Sale

First Phase: 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%
Week 2: bonus +10%
Week 3: bonus +5%
MOVE tokens will be instantly send to your private Ethereum ERC-20 compatible wallet after the the transaction is well received and confirmed by the smart-contract.

Unsold tokens and trading

If the sale ends without selling the full amount of 13’072’000 MOVE, after First & Second phases of the Token Sale, any remaining token will be burnt. There won't be any additional deployment of tokens. The number of 21’172’000 MOVE is constant and could not be changed. It is controlled by smart-contract. 26 MOVE Tokens will be available for trading after a few days the crowdsale ends. Marketplaces will be announced within 14 days after crowdsale.

Future Outlook

By performing a deep Marketing and Technical research, our team came to a conclusion that the Movement App has a potential to get over 1mil. downloads by the end of the second quarter of 2018. By creating the unique economic system, we become the first project to occupy the niche of mobile Apps on blockchain technology which gives the ability to monetize everyday life. This fact demonstrates a great potential of the platform.

Team

Martin Holt
Founder & CEO
https://www.linkedin.com/in/mholt-movement
A nerd, a dreamer, currently an entrepreneur, and a strong enthusiast of
everything techy. Martin is a Founder and CEO of Movement App. He believes that
we are entering a new, completely decentralized and digitalized time. The
evolution of blockchain technology brought up numerous opportunities for
various markets, especially the market of smart watches/bands and tokenizing
physical activity.

Robert Hawkins
Co-founder & CTO
https://www.linkedin.com/in/rhawkins-movement
Robert is a senior software engineer in LA area who's currently working on his
personal decentralized project called Movement App. He has a huge experience
in customer success management, building & maintaining communication
workflows and marketing automation. Interested in data science, machine
learning, and blockchain applications.

James Latham
Engineering Lead
https://www.linkedin.com/in/jlatham-movement
Has been doing software engineering since early 2000s, building a strong skill set
in embedded and mobile systems. Later, he decided to take a managing path and
started managing software engineering teams in some of the big companies.
Currently James is very excited about the world of cryptocurrency and
decentralized mobile solutions. As of now, he is working on the project that is
called Movement App.

John Yates
Web Developer
https://www.linkedin.com/in/jyates-movement
John is an ambitious web developer who is more inclined towards the business
side of running a company. He is an early Ethereum investor and a huge cryptofan.
Currently participating in creating a decentralized sports app called
Movement App.

For more Information

Website: https://www.movementapp.io/
WhitePaper: https://d3pdmwutokxl28.cloudfront.net/Movement_App_Whitepaper_Final.pdf
ANN THREAD: https://bitcointalk.org/index.php?topic=2368873.0
Authored: Prince Wealth
My EtherWallet: 0xeb56E4620496A91Bbc710257f8FCe80de4B1FeC9

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