Introduction
The discovery of the Blockchain technology has changed a lot of things.It is a paradigm shift from the old order of doing things. The invention of mining technology and evolution of cryptocurrency has turned the world around. There are have been various ways through which people can earn a living, ranging from investment and transaction of Cryptocurrency to mining of Cryptocurrency.
Sedentary lifestyle
A popular bug that has bitten majority of people these days is sedentary lifestyle. Since everybody wants comfort, but much comfort has been pursued at the detriment of healthy lifestyle. Many people live in air-conditioned house and ride on air-conditioned car to air conditioned office everyday without any sweat or deliberate excercise, if that continues as routine, it is very detrimental to the health.
Working from Home
Another popular trend in this century is working from home. It is researched that large percentage of the people would be working from home in some years to come. This could really tell on the health of the majority as there would not be occasions for excercise through movement from home to places of work.
Dwindling Level of Exercise
The issue of excercise is fast becoming thing of lesser importance as majority of people are preoccupied with so many things that does not give them chance to deliberately excercise the body. The situation is still better in developed countries where people are more oriented about the significance and impact of regular excercise unlike in the developing countries where majority do not believe in excercise as many misunderstand stress for excercise. Some people don't see reason to go to gym and excercise or get gadgets to excercise with, thinking stress that is undergone during daily activities is a means of exercising. This is not true as excercise is different from stress.
Here is a Good News!
There is a project that wants everyone cultivate healthy lifestyle through excercise. The news is almost good to be true that one can get rewarded simply by exercising the body. There is no other platform that does that than Gym Rewards!
You might wonder, what is
GYM Rewards?
The GYM Rewards project consists of an entire solution to support 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.
Gym Rewards uses the blockchain technology to build a proof of exercise token and application which is decentralized and allow anybody mine with his or her body. With this project in place, the fact that only the rich can get richer is ruled out as this is open for anybody to mine with their bodies. What an amazing project? It means that the more a person exercises, the more he/she earns.
Application
Gym rewards has an application that monitors the rate of heartbeat of the user and translate this collected data into reward for the user as per the time spent excercising.
In the program, when you run for 10minutes, you will be rewarded with 0.1666667GYM. It means if you excercise for 1hour you will receive 10GYM.
The Goal
The goal of Gym rewards is to motivate people by incentivization of exercise, so as to keep many people in health both in mind and body.
This will go a long way to help the majority of people as the role of excercise in keeping the body healthy can never be overemphasized. The GYM rewards application is designed in such a way that it only rewards original proof of sweat, as it can only be mined with the body. What makes the difference is how much time you devout to exercising the body.
Application and Reward System
The Gym rewards allows every user to earn simply by downloading the mobile application, which is embedded with the heart rate monitor application, and begin to earn tokens you exercise. One can redeem the GYM token at any local participating gym. And the token is tradable at participating exchanges.
Referrals
Another way a user can earn is through referrals which is in two ways:
A certain user can actually submit an event, for instance marathon, triathlon etc. When it has been approved, the user will publicize the GYM rewards at that event using different means and methods. Participants are motivated at the event to download the Gym rewards application using the referral link of the user that publicized at the event. Then the user continues to earn 0.5% of the rewards of those referred.
A user can in another way promote Gym rewards at any local gym and begin to earn 0.5% of the rewards of anyone referred on a continuous base, in as much as they continue to use the application during exercise.
My Review
GYM Reward initiative is first of its kind. It is almost unbelievable that users can mine with the body and earn from the Proof of Sweat.
This is a great project that has good prospects. I recommend it for investment and you will be glad you invest in this token.
Check ICO details here
For more information
Website: https://gymrewards.io/
Whitepaper: https://files.acrobat.com/a/preview/b6148c85-bf52-41f5-8249-71acc050a8ec
Telegram: https://t.me/gymrewards
Facebook: https://m.facebook.com/gymrewards.io/
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Bountyhive username: Petoz
This project makes sense. It means I can begin to earn with exercises? All my calories must to money.. Lol..
This is an amazing project....can't wait for it to take off