MOVEMENT is a new ecosystem that transfers users moves into tokens.
This thread describes how we use blockchain technology and smart contracts to implement economic dimension to the Movement App
that motivates users to workout or to use walking as a main mode of transportation.
From now, all the time that people spend for running, jogging or even walking to work/classes and back home will become profitable.
Every registered user will be given a wallet inside the Movement App. All the data, as well as earned coins and purchased tokens, will be safely secured in it. The user will be able to operate with the wallet via smart-contract. Wallet will also show the real-life exchange rate and give the user the ability to exchange RUN coins into MOVE Tokens.
As could be seen from the scheme above, the system will have the following operation principle:
As user runs, jogs, walks and beats the distance RUN coins are being added to his account in real-time. The number of coins rewarded depends on several factors such as total distance, time spent, calories burnt (if synchronized with apps with such calculating functions) and the amount of MOVE Tokens in users’ wallet.
The main feature of MOVE Tokens in Movement Economic System is to form an efficiency multiplier and serve as a bonus coefficient applied to the amount of RUN coins rewarded by the Movement™ App API.
Movement App will support Smart Watch technology as well as integration with all most popular smart accessories and apps for sports and health & activity tracking such as Fitbit, Google Fit, Apple Watch, Apple Health Kit, etc.
Gained RUN coins could be spent at in-app shop or exchanged for MOVE Tokens.
EXAMPLE:
USER 'A' HAS 0 MOVE TOKENS IN MOVEMENTTM WALLET SO THE COINS MULTIPLIER IS x0.
USER ‘A’ BEATS THE DISTANCE OF 1km AND GETS REWARDED WITH 100 RUN COINS.
USER ‘B’ HAS 1 MOVE TOKEN IN MOVEMENTTM WALLET SO THE MULTIPLIER IS x0.5.
USER ‘B’ BEATS THE DISTANCE OF 1km AND GETS 150 RUN COINS FOR IT.
*all the numbers stated are arbitrary
International
FAQ
What is Movement App?
MOVEMENT – is a new ecosystem, where everyone would be able to get coins for beating the distance.
It could be running, jogging or walking, outside or using a treadmill.
Users will be able to spend their coins in Movement in-app Store by purchasing sports goods, sports nutrition, sportswear and online Fitness & Yoga courses.
Or they could simply trade it into tokens and exchange it to any cryptocurrency or sell.
What differs Movement App from competitors?
Movement App is the first decentralized fitness app that was developed by implementing blockchain technology & smart-contracts.
It gave the ability to give a real-life value to in-app RUN coin, which was not achieved by competitors.
What is the difference between RUN coin & MOVE Token?
RUN coin is and in-app currency that is given to users as a reward for beaten distance.
It could be spent on in-app Store or exchanged to MOVE Tokens.
MOVE Token is an ERC 20 Token which appears to be a part of the Ethereum Network, deployed & controlled via smart-contract.
MOVE Tokens will act as an efficiency multiplier and serve as a bonus coefficient applied to the amount of RUN coins being rewarded.
MOVE Tokens will be sold during pre-ICO and ICO phases.
Do I need to have MOVE Tokens to use the App?
No, you can simply download the app, sign up and start running or walking, RUN coins will be automatically added to your in-app wallet.
MOVE Tokens act as efficiency multiplier and give bonus coefficient to the amount of RUN coins.
It’s very simple: the more MOVE Tokens you have – the more RUN coins you get.
How do you prevent cheating?
We’ve developed a security and anti-fraud system that has the following features:
1. It uses all the sensors of the smartphone such as accelerometer, pedometer, magnetometer, gyroscope, GPS etc.
to form a unique signature of walking or running pattern and improve the accuracy.
2. Automatically compares the data of all users to reveal suspicious activity.
Full description of the system is available in the Whitepaper and here
Why invest in Movement App?
- MOVE Tokens at a price that is way lower than the potential market price after the token sale and listings.
- Early-access to the Movement App for Alpha & Beta - Tests
- The unique economic system that was developed by our team has a potential to become a basis for a new ‘mining rush’ which causes rapid price grow.
- Ability to participate in discussion with developers about improvements in platforms performance.
- Due to popularity of running as a sport & walking as a main mode of transportation, the App has a potential to grow a large audience in a short period of time.
That will stimulate Token value.
What currencies are accepted during pre-ICO and ICO phases?
Pre-ICO phase – ETH, BTC, LTC. ICO phase – ETH, BTC, LTC, BCH
