GymRewards is the world's first project that you can get paid for exercising. It provides a cryptocurrency that is minable by using our body. Not like other crypto mining farm, you do not need more money to start mining. You just have to enter your gym and exercise. They will reward you cryptocurrency according to your heartbeat while doing exercise. So, the more you exercise the more you get paid.
They not only have this mining objective but also they have the vision to attract more people toward the gym and exercising which is lacking in the current community due to the busy lives people have. So, this project not only targets the mining, but also the attraction of people for exercising by paying them according to the extent they exercise. SO, this trend will be helpful to reduce non-communicable diseases which are due to lack of exercises. Some days you may feel lazy to perform your daily exercise routine even though you attend the gym. You will never feel like that with GymRewards as it pays you and motivates you to do exercises by paying you according to the extent you exercise.
GymRewards is leveraging the latest blockchain technology for the development of the decentralized proof of exercise token along with a mobile app. Those allow you to mine Gym cryptocurrency by exercising your body. On this platform, your mining capability does not depend on the money you have. Here, the GymRewads only consider the level you exercise. So, this platform all the participants are equally treated. The more you workout your body, the more you gain Gym currency. Finally, you will be able to obtain your Gym rewards from your gym.
This platform has introduced a fascinating the Gym mobile app. You can simply download to your smart mobile phone. This app consists several services.
Heart rate monitor
Exercise log
Cryptocurrency log
Cryptocurrency trading
This app helps to pay for individuals based on the level of exercise they perform, it will also manage your cryptocurrency through its wallet option, it can manage your exercise routine via its exercise log as well as it allows you to trade your tokens. You can earn easily through this mobile app. All you have to is download this app to your smart mobile phone and start the heart rate monitor when you start your daily exercise routine. Eventually, the app will give you rewards based on your heart rate while exercising.
Now, you have the chance to apply for the GymRewards to have it for your athletic events such as the marathon and so on and to your local Gym. You just have to submit your athletic event with its details and local gym to the GymRewards website for the approval. You can earn 0.5% from all participants if you promote GymRewards at your event and make them download the Gym mobile app through your referral QR code. You can earn 0.5% through referrals in your gym also if you promote the app among your customers. So, integrating this app into your gym will enhance the attraction of customers to your gym as well as it will give some profit to your customers also. GymRewards are always considering about their customers. So, they have developed an exchanger and merchant services to support their customers.
Finally, I have to say that this project has some great goals to pay athletics and other individuals who come to the gym for exercising and also for the event managers and owners of the gym. It looks after both of its customers. It has developed a mobile app which is very helpful in paying, managing currency and exercises and trading your currencies. Eventually, it allows athletes to use tokens to pay for gym membership and merchandise. Not only that, event managers and owners of the gym can have good earn through their customers.
Official website-https://gymrewards.io/
whitepaper- https://files.acrobat.com/a/preview/5768cdf0-05ee-484d-8eb1-1cbfa56512c5
Best of luck with this project..
Bountyhive username- chamz