The Actifit Series: Maximizing Actifit Tokens and other Updates (Episode 14)

Repository

https://github.com/mcfarhat/actifit/

A. Introduction

As a means of rewarding members of its community, users of its app and delegators to its cause, the Actifit project introduced the AFIT tokens. These tokens are given to users who reach the minimum activity count on a daily basis, as well as those who upvote post from Actifit, and those who delegate Steem power to the Actifit official account. Over the past three months of its existence, Actifit has awarded no less than 29, 000 users with more than 12 million AFIT tokens. This is in readiness for the coming of SMT by the first quarter of 2019.

Now, Actifit along with other upgrades and updates to it platforms, have now charted out a means for users to earn even more AFIT tokens from their daily activity post. In my previous post in this series, I spoke about the Actifit android version 0.4.0 and some of the new features and functionality that have been added to it. In this post, I will discuss on the new way of maximizing Actifit token earnings, another new feature provided by the Actifit team. I will also talk about the number of other features added to the Actifit project.

B. The Actifit Project

The Actifit project is one that was created with the aim of incentivizing users for engaging in activity and fitness exercises using the activity app as a yardstick. To be a part of those who gain financially, users only need to engage in one or more fitness activities. While on these activities, they should record their activity count with the Actifit app, and post to the Steem blockchain.

The resultant post is known as a daily report card and is upvoted by the official Actifit account, while AFIT tokens are sent out to eligible users. These are the two forms of incentives given to users for maintaining their health, and using the Actifit platforms.

C. Maximizing Your AFIT Token Earnings

On the Steem blockchain, there are a number of dApps giving users and members of their community, tokens for using their platforms. There are the likes of Steemhunt, dlike, and then Actifit, to mention but a few. A lot of users are keying into these projects as we look forward to the coming of SMTs by next year. Since there are yet any prices fixed on these tokens, users have only continue to garner and gather these tokens and grow their wallets with the hope that they would be valuable by next year. I have been doing so as well.

To even help users better maximize the rewards they get in the form of AFIT tokens, Actifit has now implemented a new AFIT token earning method known as the token swap. It is called by this name because it involves swapping Steem for more AFIT tokens. At the moment, Actifit has made it be in such a way that these tokens you swap with Steem are given at a discounted rate from now till when SMTs are finally live on the blockchain.

Now, this is not like sending Steem to an account and then getting the tokens in return. This is entirely different and does not need much from you. I will tell you how it works in the next sub topic.

I. How the AFIT token swap works

If you have been using the various Actifit platforms before now, you would know that rewards from Actifit comes in two forms. For new users who do not know, you earn an upvote from the official Actifit account on your report card post as well as a number of AFIT tokens depending on your user rank and post content. While the Actifit tokens are received after the voting rounds for the day is concluded, the upvote takes 7 days before it can pay out. At the end of 7 days, you get your rewards in the form of either SBD or Steem, and Steem power.

However, this new token swap brings some changes to the table as to what users will receive as rewards at the end of 7 days. To enable the token swap on your posts, simply ensure that you meet the required minimum activity count first. Once you are ready to make your post, click on the "Post to Steem" button. There, you will see different sections. Look out for the "Full Reports Payout in AFIT". Below it, there is a checkbox that reads "Maximize AFIT Token Earnings". Tick this check box, proceed to input other important details, and click on the "Post to Steem" button. Hooray! You have successfully maximized your AFIT token Earnings. But do you understand the mechanics behind it? I doubt you would. So let me explain further.

When you tick the maximize AFIT token earnings checkbox, one thing is bound to happen. By ticking that box, you are automatically setting actifit.funds, a new account created by Actifit as a beneficiary of your Steem / SBD / SP payout. Right from the start, payouts from upvotes on the daily report cards by users were set in such a way that 5% goes to Actifit, while another 5% goes to actifit.pay to be sent to delegators to the project. Now, Actifit.funds is set to receive the remaining 90% of the rewards from the post. At the end of the day (by payout of the post), you will have next to nothing to receive from the post.

However, where you stand to gain is in the swap. In exchange for the Steem / SBD, you will receive AFIT tokens paid out to you at a discounted price conversion rate and in relation to the amount of SBD / SP you earn on the post. In the image below, you can see the rate at which your Steem / SBD rewards will be converted to AFIT tokens for you. As we draw closer to the launch of the SMTs, the price will keep on increasing bit by bit.

So through the "Maximize your AFIT tokens" feature, you get to earn more AFIT tokens in addition to the normal token rewards you gain at the time of upvote of your report card post. This will go a long way to increase your user rank.

D. Dynamic Charts Feature

The Actifit Android V 0.4.0 also includes a new feature known as the dynamic chart feature. This feature shows you your activity history in a chart format. From the picture attached, you can see the activity and figures in thousands by both sides of the screen shot. The date sits at the top of the charts and my activity for each day is shown in the blue chat bars. The 5k minimum activity count is highlighted in red as you can see in the image above.

From the start, you will be able to view your activity count for a while to see what you have been doing so far. It also helps users know if their daily count step is on an increase or on a decrease at a glance.

E. The Daily Post Reminder Feature

A lot of us running into various issues simply because we forgot what we were supposed to get done, or it just skipped our memory. Like me, on several occasions, I forget to post my activity counts on Actifit to the Steem blockchain at the end of the day. Most times, I only get to remember it the next day after it has been reset for the new day. This could be quite painful as the result of all your hard work and fitness activity is thrown away due to an oversight.

To proactively combat this issue, Actifit has now implemented a new feature in the recent version of its Android app. That feature is known as the daily post reminder. Sitting at the bottom of the settings section, users can tick the "Remind me to post" checkbox once they open the app for the day. After that, they can simply select the time they would want the reminder to notify them. The 24 hour clock is just beside the checkbox. Once they select their preferred time, then all they need to do is to click on the "save settings" button.

This setting is then saved and remains there continuously until you decide to uncheck the checkbox. At your chosen time, you will get a notification at the top of your screen from Actifit reminding you that you are yet to post the activity report for that day. As I have mentioned before, I like this feature a lot because it would help me and other users combat the issue of forgetting to post our activity count every day.

Thank you for indulging me. I hope to have you on the next post of this series. You can also check out other of my post series that may be of interest to you. Have a great weekend!

I remain your favorite dApps presenter,
_{@curtwriter
Chat with us on discord | Visit our website
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Resources

A. https://steemit.com/actifit/@actifit/actifit-daily-47-102k-thank-you-to-delegators-sponsored-competition-rewarded-top-actifitters
B. https://steemit.com/actifit/@actifit/actifit-android-v0-4-0-beta-launched-image-uploads-maximizing-afit-earnings-afit-pricing-and-supply-charts-security-and-more
C. Other pictures were screenshots from my device.

Series Backlinks

• Project Promotion: All You Need to Know About Actifit, The New Fitness App on The Blockchain!!
• The Actifit Series - Actifit Development Updates V0.1 - V0.3 [Episode 2]
• The Actifit Series - Actifit Development Update V.0.3.1 And other Updates [Episode 3]
• The Actifit Series - Decommissioned Versions and Other Updates [Episode 4]
• The Actifit Website Explained (Episode 5)
• Actifit iOS version & other Developmental Updates (Episode 6)
• The Actifit Series: iOS App, New iOS version 0.3.3 and other updates (Episode 7)
• The Actifit Series - Aftermath of the HF20, Impact on Actifit and other updates (Episode 8)
• The Actifit Series: The Android V 0.3.4 Release [Episode 9]
• The Actifit Series: Actifit V2 Reward System And Other Updates (Episode 10)
• The Actifit Series: Automated Account Claims, Image Hosting Server & Other Updates (Episode 11)
• The Actifit Series: New Website features & other updates (Episode 12)
• The Actifit Series: The Actifit Android V 0.4.0 (Episode 13)