What is BEAT?
The BEAT ecosystem allows data creators and consumers to share their fitness data in exchange for BEAT tokens. We also allow users to build contracts in exchange for staying healthy, like a company rewarding its employees for going to the gym. BEAT Blockchain Unlock the hidden value of your health and fitness data with the BEAT Blockchain - one heartbeat at a time. Imagine an immutable record of your health and fitness data that seamlessly connects you with all the institutions, companies and people that can help you leverage it. BEAT is exactly this: a state-of-the-art blockchain platform that safekeeps your data and allows you to share it with sports sponsors, talent scouts, doctors, researchers, insurance companies and many more to unlock the vast potential hidden within your health and fitness data.
Get rewarded for working out: Once you download the NoExcuse app and go to the gym or practice sports. After you're done, you'll be rewarded with BEAT tokens proportional to the exercise they do. You can also earn extra BEAT tokens by syncing the app within the 3,000 Magicline sports club partners. Once you've earned enough BEAT Tokens, you can redeem those tokens on marketplaces like bedarf.de or on crypto exchanges.
Own Your Fitness Data: The BEAT ecosystem bridges Data Providers (users of the BEAT platform) and Data Consumers (the companies, researchers, and advertisers who benefit from access to health/fitness data). Users of the NoExcuse app, as well as our other fitness data management partners, will be able to decide for themselves which data they want to sell for BEAT tokens. And companies using this data will only have access to the specific data points that our users allow. It’s in the user’s hands to decide where, how and with whom his/her data is shared.
Employee Health Benefits: Companies can offer incentives for their employees to go to the gym. Resulting in healthier, more productive, engaged employees who are less likely to miss work for a sick day. The current ecosystem doesn’t allow these companies to track their employee's gym usage. By implementing the BEAT ecosystem, companies will have the ability to reward their employees for working out and to subsidize gym costs by paying sports clubs directly in BEAT tokens.
Data Privacy on the Blockchain: The BEAT Blockchain will be used for a number of applications like as securing data, reviewing communication between data consumers and providers, collecting data from fitness wearables or gym equipment, or ensuring a safe transference of data to your doctor.
Team Dedication is enabling effective health & sports promotion and DISRUPTING THE HEALTH AND SPORTS INDUSTRY Unleash the value of verified health and sports data using cutting edge open source blockchain technology. Over the last 5 years MySports GmbH and its network of strong partners developed a market leading digital ecosystem supporting the management of sport facilities with Magicline 2.0, their interaction with the sportsperson through NoExcuse, their supply chain management with Bedarf.de as well the option to outsource administrative and financial services to Euro t GmbH relieving our clients to coach and motivate their customers to do more sports. Each year we won the Bodyline Award for the best gym management software in Germany. We are the recognized market leader and the fastest growing company in our eld. Our partner network includes leading providers in this industry. Developing an open-source blockchain solution which will change the way health and activity data is handled is simply a logical continuation of our mission.
Project Team:
They have an exceptional team of 140 employees, 40 rockstar developers, experienced management and well connected global advisors located in Hamburg, Berlin, Hong Kong, Moscow and Silicon Valley.
Roadmap:
Team Vision to unlock the value of health & sports data Imagine an incorruptible safeguard for your health and fitness data that seamlessly connects you with all the institutions, companies and people that can help leverage it. BEAT is exactly this: a state-of-the-art blockchain platform that safe- keeps your data and allows you to share it with sports sponsors, talent scouts, doctors, insurance companies and many more to unlock the vast potential hidden in your health and fitness data - one heartbeat at a time.
Token Details:
The Beat Token is a utility which gives the owner access to a certain amount of services regarding health and activity data based on the BEAT Blockchain. We also expect it to be used as voucher within our sports ecosystem, giving you access to goods and services as well as to be listed on secondary token exchanges.
Token BEAT
Price 1 BEAT = 0.01 EUR
Platform Ethereum
Accepting ETH, EUR
Country Germany
Whitelist/KYC KYC
Restricted areas USA, Hong Kong SAR, the Peoples Republic of China, Japan, Australia or resident of the Republic of Singapore, Socialist Republic of Vietnam or resident of a country where American embargoes and sanctions are in force, namely Iran, North Korea, Syria, Sudan.
Verdict:
The BEAT Blockchain builds a bridge of trust between Data Providers and Data Consumers as well as between trusted third parties (TTP). It enables the user to control his personal data and allows to share it with sports sponsors, talent scouts, doctors, insurance companies and many more to unlock the vast potential hidden in his health and fitness data. After its development, we will release the BEAT Blockchain as open source and establish the BEAT Foundation, after the ITS. It will be responsible for the further development and operation of the BEAT Blockchain developed by MySports. The BEAT Foundation will be controlled by three groups of stakeholders involved in the usage of health and activity data: the Data Providers, the Data Consumers and Trusted Third Parties (TTP).
Important links:-
Website: https://beat.org
Whitepapper: https://beat.org/beat_whitepaper.pdf
Telegram Group: https://t.me/beattoken
Twitter: http://twitter.com/beattoken
Facebook: https://facebook.com/BeatToken
ANN: https://bitcointalk.org/index.php?topic=2851951.0
Bounty: https://bitcointalk.org/index.php?topic=2851849.0
ETH: 0xCc538c6335203Cd2e771F27d12F4c90695366407
BTT: https://bitcointalk.org/index.php?action=profile;u=1495664
