Sense4FIT White Paper
  • Introduction
  • πŸ“‰Market overview
    • πŸ“±Fitness apps
    • πŸ’ΈMove2Earn model
    • πŸ‘₯Competitors
      • πŸ—οΈSolution
  • πŸ™ŠNFT Concept
  • πŸ‘ΎExperience, Energy, Power-ups & Mystery Boxes
    • πŸ€“Experience
    • πŸ‹οΈβ€β™‚οΈEnergy
    • πŸ’ŽPower-Ups
    • 🎁Mystery Boxes
  • 🏁Start earning now
    • πŸ…Workout rewards
    • πŸ‘†Single Mode
    • πŸ–οΈGroup challenges
    • 🀝Team challenges
  • βš–οΈNutrition & Mindfulness
    • 🍭Nutrition
    • πŸ§˜β€β™‚οΈMindfulness
  • πŸ›οΈSocial challenges
  • πŸ’‘Referral system
  • ⛓️Blockchain
    • ✳️Elrond: The optimal partner
    • βš’οΈAdaptive State Sharding
    • πŸ”Secured Proof of Stake
    • πŸ’³The Maiar wallet
    • πŸ…ΎοΈToken
    • βš™οΈToken Utility
    • πŸ“ˆTokenomics
  • πŸŽ‡Resources
    • πŸ“²Sense4FIT App
    • πŸ“½οΈProof-of-Activity
    • The fitness tracker
    • πŸ”°Anti-cheating system
  • πŸ“³Business model and revenue streams
  • πŸ›£οΈRoadmap
  • ❕Legal notice
    • 🏷️No Liability Disclaimer
    • πŸ’ŸHealth and Safety Disclaimer
    • πŸ“–Token Disclaimer
    • 🧱Token Risks
    • πŸ’ΎRisk of Software Weaknesses and Smart Contract Risk
    • 🏺Regulatory Risk
    • πŸ’ΏOracle Risk
    • 😬Risk of No Success
    • πŸ“‰Risk of Depreciation
    • *️Risk of Abandonment
    • 😨Risk of Hacks
    • ⛩️Risk of Blockchain failure
    • πŸ’₯Conclusion
Powered by GitBook
On this page
  1. Start earning now

Group challenges

Go big or go home! This is the name of the game that the Sense4FIT founders want to promote in the Sense4FIT universe.

Therefore, a new concept has been developed in which users are encouraged to boost their workout pace, by competing against several other participants on who has the highest training rate. Multiplied rewards will be given to the users that have the highest level of workout. The reward amount will proportionally increase with the amount of funds the users lock.

A threshold is decided for the minimum multiplier that the winners are going to receive. Following that, users who achieve the highest level of workout from the group will receive the highest level of multiplied rewards. Once the challenge ends, funds will be unlocked for reward collection.

The users will be allocated to compete one against the other, based on their previous workout rate and current NFT rank.

Ideally, this criterion will enhance the more exercise is completed and thus the Sense4FIT app will be used more often.

Sense4FIT brings an innovation, compared to the traditional Move2Earn apps and their subsequent reward collection system, namely it allows the winning users to collect rewards either as $SFIT tokens or stablecoin (USDT).

PreviousSingle ModeNextTeam challenges

Last updated 2 years ago

🏁
πŸ–οΈ