You should be rewarded for all the data you generate
In the modern world of smart devices and electronics, there are plenty of ways for you to generate all sorts of data related to health and sports, one of those is just when you work out. Chances are that you even generate some of this data on a daily basis just by having your phone on you. As you might have heard, data has become one of the most important things for most businesses, it has even been called the new oil. The reason why it is so valuable is that it can help businesses tailor specific offers and advertise to very specific audiences by having sufficient data. You might wonder how much you get for generating such valuable data on a daily basis, unfortunately, the answer is most likely nothing. However, that is about to change with BEAT, a crypto project that aims to bring its users value for the data they generate. BEAT wants the world to be more active and participate more in the world of sports, therefore an application that takes that exact industry to the next level might be what the world needs to be more active. BEAT believes that their product through the use of blockchain technology can bring the sports and health industry to a whole new level.
How do you get people to be more active?
The main objective of the BEAT project is to get more people in the world to be active and more specifically do more sports. But how can you make more people do sport with your app if they aren’t much for sports in the first place? Rewards and goals. This is exactly how BEAT is going to change the lifestyle of people all over the world. By giving people the ability to make goals they can accurately track, they have something to constantly work towards. But something that’s even better than achieving your goal is achieving your goal and being rewarded for it, that’s BEAT. A comprehensive application that motivates people to change their life for the better, and even be rewarded for it. If that isn’t enough, users of BEAT will also be able to connect with individuals who can help them be even more motivated to reach their goal.
The BEAT platform features their own BEAT token which is used to access a wide range of services within BEAT. Those who want to access the data generated by BEAT pays the platform in BEAT tokens. This creates a natural demand for BEAT tokens relative to the popularity, usage and the number of users on the BEAT platform.
To fund their project, BEAT is raising funds through an initial coin offering (ICO), selling their ERC20 token BEAT. BEAT tokens are going to be an essential part of using the BEAT platform as described above.
The token sale started the 20th of February
The token sale ends the 15th of May
The price of 1 BEAT started at 0.01 EUR. This price increases through different phases.
- Maximum amount of tokens minted is 5,000,000,000 BEAT
- A maximum of 3,500,000,000 BEAT will be for sale during the ICO
If you find this project interesting and wish to learn more about it or their token sale, you can visit the following links below and read their whitepaper. To keep yourself up to date on the project, you can follow their social media accounts also linked below.
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