Categories: News

FitCoin, Get Paid Bitcoin To Work Out

Bitcoin and fitness, two very different industries with the same purpose. Both are directly related to reward, with one rewarding physically and the other rewarding financially, FitCoin has stepped into the spotlight, pairing the two industries together in a new and unique project.

Bitcoin has become the currency of choice for FitCoin developers as fitness meets physical performance in a experiment attempted never before. FitCoin allows the customer to exercise whilst being rewarded for their physical exertion in Bitcoin. The unique coin works on a Proof Of Human Work algorithm which essentially allows user to earn while they burn (calories). The FitCoin App allows users to monitor the intensity of their exercises with payments being made depending on the intensity of them.

“It’s a really interesting platform play application and service layer,” Ali Madad, the Chaotic Moon Studios creative director said during a demonstration. “[It’s] accessible. It’s not about cypherpunks or overthrowing the government. It’s something that you would use every day.”

The FitCoin App As tested by Grant Nicol

Related Post

FitCoin has a big vision as it aims to incorporate its systems in Adidas and various other brands currently associated with health and personal well being. Whilst the app is currently easy to install and use, the developers of FitCoin hope to increase the user base of the App ultimately increasing the popularity of Bitcoin. Emphasizing the benefits provided by the digital cryptocurrency, the company hope to encourage the use of digital currencies such as Bitcoin, as the currency of choice for those looking for a rewarding workout.

“Adidas can say: these are proprietary shoes that only Bitcoin users, or only FitCoin users, or only AdidasCoin users can get based on this currency.”

With FitCoin set to climb to the top of the industry joining the likes of Adidas, Bitcoin is set to take another dip into uncharted waters. Bitcoins integration into the fitness market will be sure to set markets on fire, with FitCoin being the only experiment of its kind to develop the technology needed for Bitcoin integration. Whilst the project may yet be in a testing phase, the developers hope to iron out bugs and problems rapidly allowing for progress to be made with companies such as Adidas. A joint venture with Adidas is sure to take the markets by storm with rivals such as Nike set to be left out in the cold. As Bitcoin develops so does the userbase, and delving in to the murky depths of fitness and personal health will be another major leap for Bitcoin.

More info here: http://fitcoin.chaoticmoon.com/

Mark Arguinbaev

I'm a 29 year old cryptocurrency entrepreneur. I was introduced to Bitcoin in 2013 and have been involved with it ever since. Fun Fact: I mined cryptocurrency using my college dorm room's free electricity.

Share
Published by
Mark Arguinbaev

Recent Posts

Solana Data Insights: Pump.fun Livestream Tokens Generate $4.7M in Creator Fees

Livestream tokens on Pump.fun are rewriting the playbook for creator monetization. They’ve opened a floodgate…

2 hours ago

FTX to Release $1.6 Billion in Third Creditor Distribution

FTX is set to make another round of creditor payouts. Yesterday, the exchange confirmed it…

2 hours ago

Tether Cofounder Reeve Collins Launches $STBL, A Next-Gen Stablecoin Infrastructure

The stablecoin market just got a major shake-up. Reeve Collins, the cofounder of Tether, the…

2 hours ago

Justin Sun Pledges $SUN Buybacks With SunPerp Revenue

Justin Sun, CEO of TRON DAO, has just made one of his biggest announcements of…

2 days ago

$BNB Hits $1,000 ATH as Market Cap Reaches $145.7B

$BNB has broken through a historic milestone. The token surged past $1,000, setting a new…

3 days ago

Top 5 DeFi Tokens Less Than $1 Price Mark To Watch In September

Decentralized finance (DeFi) has continued to disrupt traditional financial systems, offering permissionless access to lending,…

3 days ago