Gymrewards | Get Paid for Exercising! Mine with Your Body!

in #gymrewards7 years ago

GYMREWARDS


Get Paid for Exercising!
Mine with Your Body!


Decentralized Proof of Exercise Blockchain with an innovative mobile app that allows you to mine GYM cryptocurrency with your body.


Source

What's GymRewards?

The GYM Rewards project consists of an entire solution to support getting paid for exercising. From the Blockchain that supports Proof of Exercise to the GYM Rewards Exchange for gymnasiums and other partners to come and exchange GYM Tokens. There is no need to wait for exchanges to support GYM and there is no need to take the risk of getting stuck with useless tokens.

The GYM Rewards ICO Token is an Ethereum ERC20 token. The GYM Rewards app token is from the Plata Blockchain, an Ethereum fork that will be minable by a Proof of Exercise component within the Token and the Mobile App.

Why on Plata?
We love Ethereum, however, our new Blockchain will introduce the following
features not available in Ethereum:

  1. Proof of Exercise
  2. Free Contract Submissions
  3. Token Transaction fees are based on the token itself, not on the blockchain
    coin.

Proof of Exercise (POE)
The GYM Token allows for Proof or Work (POW). The POE is a contract-based rewards system that it's activated by detecting locations in the geolocation coordinates contract and using heartbeats via the GYM mobile App to deliver block rewards once the time of required work has been met.
Token earning structure estimates, these are based on mining difficulty, therefore the fewer tokens you can earn the more valuable they will become.

  1. Running 10 minutes: .1666667 GYMs per Minute
  2. Running 1 hour: 10 GYMs per hour

Our Goal
Our goal is to motivate people into exercising and becoming healthy with currency
and to compensate those who are taking care of themselves every day

Why to Buy Our Tokens
The GYM Token will be used for the ICO funding of the GYM Rewards App and Blockchain token structure that will be used for the fitness industry.
• GYM transaction fees will be distributed among ICO Investors in relation to their token market share at the moment of ICO closing. (per QTR Payment)
• GYM ICO Token Holders will receive 1:1 on Ethereum GYM Token to Plate GYM Tokens.

In order to support our customers, we have developed an exchange and merchant services.
The ultimate goal of GYM is to be the all-in-one solution to pay athletes for their exercise, provide wallet to manage their earnings and optimize their exercise routines and use these earning to pay for their GYM memberships and merchandise.
We have created the GYMBase Exchange and Merchant services to support these efforts. With the GYMBase Exchange and Merchant services you will be able to do the following:
• Trade Tokens and Cryptocurrencies with zero fees for GYM Rewards Token holders.
• Accept all listed tokens and cryptocurrencies at Gymnasiums and GYM Rewards partners.
• Use a fast and accurate trading engine.
• List new incoming ICO Tokens to the exchange.

Token Sale
Start: March 2018
Hard cap: 15,000 ETH
Soft cap: 100 ETH
Token: GYM
Exchange rate: 1 GYM= 0.0001 ETH
Project protocol: ERC20
Token Distribution
• 5% Long Term Reserve
• 5% Core Team
• 4% Airdrop and Bounties
• 3% Advisors and Partnerships
• 10% Token Sale*
• 73% for GYM App Mining

BETA REGISTRATION
Beta testers will enjoy lifetime any location mining.
The app will always be free to Token Buyers and Beta Testers.


Buy Token Global
Buy Token Russian

Gymbase Exchange
Your zero fees token exchange! Launching on March 31st 2018
QUALIFY FOR ZERO FEES by OWNING 1000 GYMs
List your token at GYMBase for as low as 1 ETH.

More info about GymRewards or Gymbase:
Website
Whitepaper
Gymbase Exchange
Telegram
Facebook
Twitter
Github
Reddit

Join GymRewards Bounty Here

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Yes, get additional income just with excercise. do it and earn it

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