Ever wondered about “monetizing” workouts at the gym? The fitness-tracking app industry has an answer for it! Several apps have made their way into mainstream health and fitness market space with the all new and exciting technology-moonwalk – called Distributed Ledger Technology (DLT) or what is commonly called as Blockchain. Here are two apps which are interesting and endorsed by the user community.
What is ActiFit?
ActiFit, a fitness app has just bundled out such a feature. “Proof of Sweat” or the calories you burn will let you earn precious tokens on Actifit’s platform.
While fitness tracking apps are already available in overwhelming numbers for any number of operating systems, Actifit is different.
The Fitness tracking app runs on STEEM blockchain. When registered users of the app, complete target workout goals, such as 5000 steps in a day, Actifit’s ERC-2-based tokens are rewarded. In fact, there are rewards galore!
If a user takes it up to post workout schedules on Steemit, then there are more rewards on STEEM.
Besides, in a move to cover all avenues to ensure users remain on the platform, Actifit even has integration features for the original wearable-fitness tracking device, the FitBit (Android OS), currently.
SweatCoin for every 1,000 Steps
This is a special-case crypto-based fitness app, which is built on the core blockchain principles but deploys centralized processing and issues non-tradable coin.
In many ways, it is a loyalty program, where committed members purchase from the ecosystem. In the case of Sweatcoin, earnings are essentially purchases, as traders are in a “centralized ecosystem.” The app tracks steps to of registered users with rewards in native currency.
The price is 0.95 Sweatcoins for every 1,000 steps outdoors.
Lympo – Integrated projects
This fitness app is actually an integrated network running on ERC-20 with basic rewards of tokens to users. A Lithuania-based project, its primary focus is beyond rewarding and focuses on integrating fitness database, open rewards program and use of LYM in a manner similar to that of fiat currency.
Where LYM also differs is that it allows fitness industry businesses to tap the network and offer rewards or operate as a method of payment. Users can easily trade with LYM since it is listed on four crypto exchanges and CoinMarketCap.
There are plenty of fitness-tracking apps built for all types of mobile OS in the markets but the onslaught of blockchain-technology or decentralized apps is where every industry including fitness and health industry will finally arrive at efficient monetization.