Proof of Physical Work.
GAINZ Token is a Proof of Physical Work ERC-20 Token.
GAINZ Token has taken the Bitcoin Proof of Work “mining” model, and created an incentivized health & wellness network. FitBit/Smart Watch devices will log users’ progress into smart contracts and allot GAINZ tokens to users via group and individual accomplishments.
Our patent pending technology (#525500905) will allow us to be the pioneers
of uploading aggregated fitness data (calories & steps) into a smart contract. Each Smart Contract “TASK” will be unique, as we allow our network to create different fitness challenges for their followers & friends.
We are seeking investment in GAINZ Network:
The world’s first “Proof of Physical Work” ERC-20 Token Network
GAINZ Token lives on our Ethereum-based smart contract network. GAINZ token is “mined” by physical work (TASKS), and distributed when goals are completed. GAINZ works with a FitBit device, which logs users’ data, and aggregates it into a patent pending* smart contract called a TASK.
How it Works
Proof of Physical Work
GAINZ Token is the first “Proof of PHYSICAL Work” token, in that aggregated physical work (calories/steps) must be completed in order for tokens to be awarded.
The platform on which GAINZ token is awarded. The network is home to influencers (creators), followers (doers), and TASKS. Influencers create TASKS, and followers must work together/individually to accomplish that TASK in order to be awarded GAINZ tokens.
Smart Contract that is designed to let influencers set their challenge, wager amount, and commission payout. Working Fitbit Prototype, (Patent Pending #525500905)
This can be anyone! As long as they have a following that can cohesively complete TASKS.
The Miners! They log their work on their smart device, and send the data to the network for verification and aggregation. They can work together, separately, or against each other depending on the challenge!
This is the wager we allow influencers to use in challenges. Depending on the challenge difficulty, we will match up to 400% of any GAINZ Tokens that influencers offer as a wager on the challenge.
GAINZ MINING IN ACTION!
Followers sign up on the GAINZ Network
Followers can choose or be matched with a TASK created by an Influencer
Follower completes TASK! They are awarded tokens, with a commission going to the influencer
Influencers/Coaches can set new TASKS for their clients each day!
Ex: First 5 miles= 10 GAINZ, Next 5 miles = 15 GAINZ
Smart Watch Companies can monetize their products!
Proof of Physical Work=Proof of Wellness. Great for Insurers!
GAINZ ROAD MAP
- ERC-20 Token Creation, GAINZ Network prototype, White Paper, Pitch Book are developed.
- iOS & Android App Development
- GAINZ Network integration into Web App
- Corporate Partnerships
- Exchange Listing
- iOS & Android Application launch of GAINZ Network!
- GAINZ TASK functionality increases
- Commercial application of GAINZ Network- College wellness programs, Insurance companies, Corporate fitness centers, and the list goes on!