Check out for what is on the go right now in the world of ICO. The GYM rewards and the Gym Tokens. 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. It may be quite overwhelming, however, the Gym Rewards Project has come with basically some new ideas as this new blockchain aims at introducing:
- Proof of Exercise (POE) – while the GYM Token shall allow for Proof or Work (POW). The POE is a contract-based rewards system that it’s activated by detecting locations in the geolocation coordinates contract and using heart beats via the GYM mobile App to deliver block rewards once the time of required work has been met. Token earning structure estimates, these are based on mining difficulty, therefor the less tokens you can earn the more valuable they will become. And so running 10 minutes: .1666667 GYMs per Minute and Running 1 hour: 10 GYMs per hour.
- Free Contract Submissions- Entry or perhaps joining this project reward scheme is open to all and at no initial or running cost.
- Token Transaction fees are based on the token itself, not on the blockchain coin.
BACKGROUND TO THE PROJECT
Well, the GYM Rewards project comprises a whole lot of packages to promote 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.
HOW TO GET STARTED
Now, it does not matter where you are. You can start now.
At your GYM? It’s quite easy and it goes like this;
Download the app; Start your heart rate monitor and app; get paid!
At Athletic Events?
You can easily become an event manager and make money by submitting events such as marathons, triathlons, etc. Just;
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 your local GYM?
Simply 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.
bountyhive.io/join/GymRewards
bountyhive.io/r/abjgroups
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