Challenge Dapp will be the 5th EOS airdrop review i will make in this EOS mini series. These reviews are made to give you a quick understanding of these airdrops as there are so many its hard for the average joe to find time to look into them all.
Challenge Dapp is a Dapp designed to get you off your fat ass and moving, when using the dapp you will be challenged to get up and go to the gym or do some exercises ,if you meet the requirements you will be rewarded with cryptocurrency or promotional gifts and discounts from businesses. The dapp uses smart contracts so you and businesses can challenge others to tasks.
Using the Dapp
User example: You want to challenge a friend to go to your gym at 8am every morning for a week, so you go into the dapp and set the location, time and chose the reward you will give them for achieving it.
Business example: A Gym wants to get more people to join so they make a challenge to everyone to go to there gym for a 1 week trail. For completing this challenge they will give you 50% off joining fees.
Tokens
Challenge will have a supply of 2.7 billion tokens and all EOS holders will receive a 2 to 1 ratio for free that is 74% of all tokens, the rest will go to developing the dapp. You should receive these tokens within 48 hours.
Token value
The dapp will work like a business and make profit. First source if revenue will come from a 1% fee for all deposits of fiat BTC and ETH, EOS deposits will get a 0.5% fee. The second will be a 2% fee for businesses for using the dapp. All profits will be held in a separate account until 2020, then all holders will vote what they would like to do with the profits, holders can even take the profits for themselves.
You can check out the website here:
http://challengedapp.io/
Cryptoslice Facebook:
https://www.facebook.com/cryptosliceaustralia/
This is not professional financial advice please do your own research before making any investments.
