GYM Rewards
About
The GYM Rewards app is a patent pending app that rewards you for exercising at the GYM by introducing Proof of Exercice to the blockchain. The more you exercise at the GYM, the more GYM Coins you will earn. GYM Coins are redeemable at your local participating gyms and will be tradable at participating cryptocurrency exchanges.
GymRewards is an ICO for building an app that allows you to get paid for working out at your local gym.
Goal:
To motivate people into exercising and becoming healthy with currency and to compensate those who are taking care of them selves every day.
PROBLEM STATEMENT
Lots of people do not have time or motivation to go to the GYM. People try many different alternatives to find motivation, joining a nice gym, going to the gym with a friend, track your progress, and rewarding yourself. When we manage to drag ourselves to the gym in the evenings we usually feel exhausted from work, and more often than not I’d rather just go home, watch some TV and go to bed. Exercise doesn’t just strengthen your muscles, it also strengthens your heart and bones, lowers your blood pressure and of course, reduces your body fat. America may be one of the heftier nations, but go to the gym once in a while and you can stand many shades healthier and slimmer than the rest.
SOLUTION
By leveraging the Ethereum Blockchain we have developed a Decentralized Proof of Exercise Token with an innovative mobile app that allows you to mine GYM cryptocurrency with your body. We have developed the GYM Rewards app that rewards you for exercising at the GYM by introducing a Proof of Exercise ERC20 token. The more you exercise at the GYM, the more GYM tokens you will earn. GYM Rewards Tokens are redeemable at your local participating gyms and will be tradable at participating cryptocurrency exchanges.
GYM Rewards at your GYM Easily make money at your local gym.
• Down load the app
• Start your heart rate monitor and app
• Get Paid!
The Team:
· Carmelo Sanchez: President/ Co Founder-
· Jose-barrales: Co founder
· Yuzzel Alexis: Senior IT Project manager
· Vika Elshevskya : Bounty Manager
Token Metrics:
· Token: GYM
· Token Type: ERC20
· Price: 0.00001
· Buy with: ETH
· Exchange rate: 1 GYM= 0.0001 ETH
· Max Supply: 2 Billion Tokens (Not sold tokens will be BURNED.)
· Soft Cap: 100 ETH
· Hard Cap: 15k
· ETH Contract Address: 0x92d3e963aa94d909869940a8d15fa16ccbc6655e
· Decimals: 18
Verdicts:
Its one of the most innovative ICOS where they are motivating individuals for staying healthy and exercise. They develop a plan, strategy and execution to deliver the most innovative way to motivate individuals for staying healthy and exercise. By creating an app and a cryptocurrency token that can be exchange for value we have completed the full circle of what it is now the ability to get paid by exercising. The team is relatively new but their advisors are very strong. so the idea seems bankable. The roadmap is very clear and understandable which add an advantage for the project.
Websites:
· Website: https://ico.gymrewards.io/
· Whitepaper: https://files.acrobat.com/a/preview/8f3dbf7d-a966-429f-a9a7-8bb765907140
· Facebook: https://www.facebook.com/gymrewards.io/
· Twitter: https://twitter.com/GymRewards
· Bounty hive: bountyhive.io/join/GymRewards
· Telegram community: https://t.me/gymrewards