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Evan Luthra
Aug 25, 2022

Fitmint - The Future of Fitness

Fitmint
At some point in our lives, we have all struggled with fitness. Either getting fit, or staying fit! This was a struggle that kept the Fitmint team looking for answers too to the problems everyone faces -

  1. Not Enough Motivation.
  2. Lack of Instant Incentives.
  3. Workouts Get Boring.
  4. Lack of Accountability.
  5. And here’s where Fitmint comes into picture!

    Fitmint is a pathbreaking move-to-earn game with which you can earn rewards in their native crypto tokens (called $FITT) simply by walking, running, playing sports or working out.

    Primarily, Fitmint relies on 3 core concepts to ensure you stay hooked to the app & keep working out - Instant Incentivisation & Great Gamification & Super Social-Fi.

    How to Use Fitmint?

    The Fitmint app excels in keeping the app super intuitive to use -it doesn’t matter if you have a web3/crypto background or not.

    You first need to download the app from the Play Store/App Store and mint a Sneaker NFT which gives you access to the Fitmint app. Your Sneaker NFT will have various attributes like Power, Durability, Stamina, and Comfort which determine how much you can workout & earn - this is where your gameplay & strategy come into play.

    Over time, not only will you keep earning more FITT tokens, which you can use in the gameplay or cash out, but also boost the value of your Sneaker NFT as you keep upgrading. And more importantly, you also ACTUALLY workout and get fit.

    But What Makes Fitmint Different?

    Fitmint aims to create a game with a long-lasting sustainable economy where the players are spending the token for non-monetary rewards like social status, fun & fitness. That’s why their roadmap is largely focused on creating net negative or zero sum sinks like Sneaker Customization, Fitness Challenges, Competitions, and so on.

    Apart from creating a strong in-game utility, Fitmint will soon be revealing their plans to build real-world utility of their $FITT token by enabling their users to purchase fitness goods & services like health insurance, sports/fitness brands and apparels, gym memberships and more.

    And with their Apple Watch integration coming soon, Fitminters will be able to earn $FITT for a variety of workouts like swimming, MMA and even yoga!

    This makes $FITT a truly versatile token.

    The Fitmint Token Sale

    To create an open & community-driven game economy, Fitmint will be conducting the public sale (IDO) of their native crypto token - $FITT.

     When: August 30th, 2022, at 7:00 UTC to September 2nd, 2022, at 7:00 UTC.

    Where: On Copper Launchpad.

    For Whom: EVERYONE! Yes, anyone and everyone can take part in this sale.

    Allocation: Maximum supply of FITT token is 10,000,000,000. We have allocated 3% of the maximum supply for the public sale.

    Why Copper Launchpad & How It Works?

    In order to determine the best way to list their token, Fitmint team examined various options while keeping the interest of their community as the top priority. Launchpads or Batch Auctions typically favour whales and speculators, resulting in over-inflated prices.

    Copper (LBP), however, enables everyone to participate with a minimum entry barrier, ensuring that the sale is as fair as possible. And there are additional benefits too:

    Price Discovery: The price of the token starts high & falls gradually, then rises each time $FITT is purchased. This helps create a curve which allows the community to decide the fair price.

    Open & Permissionless Participation: No whitelists, hard caps, or listing requirements. There is no minimum or maximum allocation.

    Fair Distribution: The token distribution takes place in a fair way that disincentivizes front-runners & whales getting better rates than smaller participants.

    How Can I Participate?

    You can go to the Fitmint Token Sale website, enter your email address and register for their token sale. Fitmint team will keep you updated with all the details. Once the sale goes live, on 30th August, you will find a participation link on the website itself.

    What will I do with these tokens after the purchase?

    Fitmint currently has 10,000+ app users who have purchased the Sneaker NFTs worth $150 and have been burning calories every day to earn $FITT tokens. You might get a chance to earn that NFT for free by staking your FITT tokens purchased from the sale. Fitmint will be sharing more details on staking soon.

    And if you do not wish to use their app but still believe in their vision of making this world fitter and healthier, you can become an early investor by purchasing their tokens in the sale.

    Fitmint - The Future of Fitness
    Evan is a tech-obsessed thought-leader who has spoken at 100s of conferences around the world. He has extensive knowledge and experience in mobile apps and his company, EL Group International, has developed and delivered mobile apps for major Fortune 500 companies. He has also received an honorary Ph.D in Blockchain for the impact he has made in the industry from launching Blockchain Schools to Blockchain Coworking spaces and having spoken at 50+ Blockchain events. As a highly accredited Angel Investor, Evan believes in stepping out of his comfort zone and exploring the power of conceptualization, innovation and execution.

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