ICO HeartBit : Review and Analysis

in #fitness6 years ago

Introduction

HeartBit is an electrocardiography compartment that’s used to monitor the health status of your heart. The system has improved due to the implementation of blockchain technology which creates data security, especially for important or classified information. While the medical industry is known for saving millions of lives each year, their electrocardiography compartment tools have a few setbacks. They are expensive, and some don’t produce accurate information for the wearer. Thus, resulting in inaccurate results and lower performance. The HeartBit project, which has recently appeared on the market, offers a very huge selection of devices and solutions. In the work of these same devices, the developers have introduced artificial intelligence and blockchain technology and thanks to this method, you can learn medical data, which previously was impossible to learn.

Developed more and more different fitness devices, as each athlete or just a lover of a healthy lifestyle is interested in watching your physical condition. Over the last ten years, everything has changed very much, many even I would say start to be tempted before entering the market of a new device. Each person who takes part in this with one stropon is improved, and on the other is stocked with a motivator to play sports even more.

HeartBit Aspects

  • Real Time Date Tracking: HeartBit has a risk analysis algorithm which helps detect the risk of stroke and cardiac arrest. The band will give the wearer warnings throughout their exercise.
  • Machine Learning and AI: HeartBit’s AI machine learning is created by IBM Waston (It can tell you what weather conditions help you reach your best physical performance).
  • Accurate: The combined software and hardware solution creates the separation of noise disturbance and input from the muscles, heart, and the environment. This gives the clearest signal for Heart Bit’s algorithm.
  • Environmental Sensor: HeartBit’s environmental sensor will help determine the dangerous gases within the city. As a result, the system is able to tell you when and where are the safest conditions to exercise.
  • High-Frequency Measurement: HeartBit takes a sample rate at 2,000 Hz an electrode, which provides over 6,000 data points in total. Competing devices have only 1-2 data points a second.

ICO Details

  • Fundraising Goal: $3,000,000 – $30,750,000 (Hard cap)
  • Total Tokens Available: 200,000,000 HRT
  • Price: .25 = 1 HRT

HeartBit will only produce 200M Token and 70% Token circulation. HeartBit aim on reaching a Hardcap of $30,750,000 with $3,000,000 as Softcap. The funds will be accumulated through private sale, pre-sale and public sale. 30,000,000 Token will be sold in private sale at the rate of $0.17 accumulating $5,32M with a 30% discount on sale, in the pre-sale 40,000,000 Token would be sold with a total of $8M with also a 30% Discount with a price tag of $0.2 each and also in public sale 70,000,000 token Will be sold with a total of $17.5M at the rate of $0.25 each.

Advantages of HeartBit ICO

  • Tokenization: HBIT token is used to define the transaction utility within the system. The demand has been denoted by donations that lead to program rewards through the gathering of discounts. Users can use this token to obtain services and products that are offered.
  • HeartBit Rewards Program: Users can join the HeartBit rewards program to track your improvements and health on a leaderboard. As an extra incentive, HBIT tokens that are made by donations are added to HeartBit’s Reward Pool, where the tokens are distributed to users who show the most improvements or have maintained their fitness.
  • Personal Trainer Advantage: Personal Trainers and coaches might gain an advantage by tracking their metrics and real data of their clients. Fitness Enthusiasts and athletes can get an accurate representation of how their exercises affect their overall health.

Team

Another application provides smart training that involves the functions of long-term tracking of data trends and simulation of ECG pulse shape analysis, which in turn helps to measure overall progress. The smart training mode helps consumers to achieve their goals in the shortest possible time. This intelligent regulatory system helps to determine the learning strategy and adjust the plan correctly.

Conclusion

We like this project a lot, the Wearable Tech industry is huge, as of 2016 valued at $30 Billion and forecasted to reach $150 Billion by 2026, combine this with Blockchain tech, we think it has to the potential to be a winner. What we especially like is that HeartBit is different from other wearables out there which enhances its potential even greater. Current devices although very popular are not as accurate as they should be, and HeartBit has the potential to remedy this problem. Accurate Secure encrypted real time data will push this tech mainstream and give it a widespread audience, from the casual fitness user, to the advanced professional athlete.

For more information, please click the link below :

Website : https://token.theheartbit.com/

Whitepaper : https://drive.google.com/open?id=1TtJqy593UTSGUXS7UFETNgrFh1SiXC4e

Telegram : https://t.me/heartbit_official

Twitter : https://twitter.com/theheartbit

Facebook : https://www.facebook.com/Heartbit-177918886251324/

Linkedin : https://www.linkedin.com/company/theheartbit/

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