Usually, if you pay money for a walk, it's sponsorship walking - and all the money is supposed to go to charity. But how can you pay only for the walking you do each day? That's exactly what it promises Bitwalking.
Very interesting name of the currency, apparently inspired cryptocurrency Bitcoin. Bitwalking has several ways to work. You can earn $ 1 Bitwalking (BW $) for every 10,000 steps they have taken, and the money can be spent in the online store, or converted into cash. The system uses a smartphone application to count steps, but also plans to release a bracelet.
Bitwalking is the brainchild of Nissan Bahar and Frankie Imbessi. Also it allows the currency to buy goods, currency, and can be used to send money to other people. BBC reports that in the UK there are plans to combine efforts in advertising with a major music festival, and there is also interest in the currency of the manufacturers of athletic shoes. This innovation will help people to earn money without doing anything more than what they do on a daily basis. Bitwalking also promotes health and fitness, as well as helping the environment, avoiding cars. Bitwalking creators say:
"With Bitwalking you simply generate money by going on foot. Once it is established on your phone free app and it will transform your actions in Bitwalking dollars that can be controlled and used as you wish. The money that you generate each day to accumulate and remain in your account. We believe that everyone should have the freedom and ability to make money. Step is the same value for everyone - no matter who you are or where you are. The important thing is how you go. "
Most people could earn about $ 15 a month the BW worldwide. In Bitwalking store the BW $ 1 is equal to $ 1.
remains not one thing is clear, the rate of conversion steps in the money will be in real time ?! To avoid potential fraud, the application will use GPS data to people actually moving, rather than just sitting in a cafe and shook their phone. This may affect the privacy of the person.
Bahar said: "We are now able to explore the demand, offering advertisers the opportunity to focus on different groups of people, depending on how active they spend their lives."