Going to gyms and doing some exercises always make us healthier and also keep us in shape. But many people now find it difficult to go to gyms, this is because they find other things interesting than going to gyms to do some exercises. Most people will just rather go home and watch television or hang out with friends than going to the gym, and most people just find it too boring to go there. This happens mostly because people are less motivated to do exercise.
Motivation is a great key to get people to do something even when they are reluctant to do it. What if people can get paid to exercise themselves. The more hour you spend in the gym the more you earn. That sound like a good deal. Having your body mine for you while you keep yourself in good shape.
GYM REWARDS
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.
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The gym reward platform is a platform based on the Ethereum network that allow users to be rewarded for exercising. The gym reward is based on the PLATA blockchain that allow for the Proof of exercise for reward allocation. Gym reward will synchronize the gym app with the heart rate sensor in users device to give them reward. The proof of exercise will be stored on the blockchain. Gym reward will also have its own exchange built into the app to allow users to easily exchange their tokens from the gym token to any of BTC and ETH.
PLATA BLOCKCHAIN
Gym Rewards is based on ethereum but it will also introduce some features that are not on the ethereum.
- Proof of Exercise
- Free contract submission
- Token transaction fee will be based on token itself, not the blockchain coin
PROOF OF EXERCISE
The Gym reward will allow proof of exercise. Proof of Exercise is a contract-based reward system that will activated by detecting the location of the user thereby using the heart rate from the gym rewards app to deliver block reward to users. The reward will be delivered automatically when the time required for work has been met. Estimated mining is as follows:
| Running 10 minutes | 1666667 GYMs per Minute |
|---|---|
| Running 1 hour | 10 GYMs per hour |
WHY BLOCKCHAIN
The blockchain eliminates middlemen, reward on blockchain can be allocated directly to users at lesser fee. it is fast, secure and fair. The blockchain will allow token allocation to be fair to each user. The more you work the more token.
HOW IT WORKS AND EARNING
Gym Reward at your Local gym
Gym reward will work at your local gym by just following the simple steps:
Download the app
Start your heart rate monitor and app
Get Paid!
Gym Rewards At your Event
Easily become an event manager and make money by submitting events. (marathons, triathlons, etc.)
Submit event at the GYM Regards website for approval.
Promote GYM Rewards at the event and allow participants to download the app via your referral QRCode.
Earn 0.5% off all participants earned cryptocurrency.
Keep earning from there on those participants exercise.
At Local Gym
Easily submit your local GYM for approval. Your local GYM is not a participant? Great news for you, you can become its sponsor and make money from all of its mining.
Submit your local gym to the GYM Regards website for approval.
Promote GYM Rewards at the gym and allow participants to download the app via your referral QRCode. (Hint: Wear a t-shirt with the QRCode)
Earn 0.5% off all participants earned cryptocurrency.
Keep earning from there on those participants exercise.
GYM REWARD APP
GYM REWARDS TOKEN
The GYM token will be the cryptocurrency of the gym rewards app. The token details is as follows
| Token | GYM |
|---|---|
| PreICO Price | 0.0001 ETH |
| Price | 1 GYM = 0.0001 ETH |
| Bonus | Available |
| Bounty | Available |
| Platform | Ethereum |
| Accepting | ETH |
| Minimum investment | 0.1 ETH |
| Soft cap | 100 ETH |
| Hard cap | 15,000 ETH |
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Thanks for reading I’m Samkol on Bountyhive.io