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Topic: [ANN][PRE-ICO]🔥MOVEMENT🔥Pre-ICO IS LIVE!🔥PoS |EARN MONEY ON PEOPLE RUNNING - page 19. (Read 16169 times)

full member
Activity: 168
Merit: 100
Movement App Dev.Team
Well the project looks nice but I did not understand why the app or the company behind it would like to give for free money to people.
How do you get money from this business? And how do you think it will works for you?
Thank you in advance for your reply.
Very good question!
I hope developers will answer it
I think this will be due to advertising
I do not think that you can earn enough money from advertising to compensate for all payments Undecided

Hello, this question was answered above:

 The monetization comes from building up the user base, applying targetted advertisements and revenue from the inApp store. Let me clarify, as more users use our app the more advertisement funds will be earned daily. These funds will be used to reward the people running and exercising with the focus on PoS rewards for early investors.
sr. member
Activity: 616
Merit: 250
I understand the project will have 2 stages token sale?
pre-ICO and ICO stages
like any other project
sr. member
Activity: 602
Merit: 251
I understand the project will have 2 stages token sale?
sr. member
Activity: 336
Merit: 250
Well the project looks nice but I did not understand why the app or the company behind it would like to give for free money to people.
How do you get money from this business? And how do you think it will works for you?
Thank you in advance for your reply.
Very good question!
I hope developers will answer it
I think this will be due to advertising
I do not think that you can earn enough money from advertising to compensate for all payments Undecided
Well, in addition, there will be earnings from affiliate stores that will accept payment in these tokens themselves. All this together and will make a profit
sr. member
Activity: 560
Merit: 250
When do you plan to start the application?
You mean an alpha version or a full-fledged start to the platform for everyone?
hero member
Activity: 868
Merit: 500
When do you plan to start the application?
full member
Activity: 350
Merit: 107
Well the project looks nice but I did not understand why the app or the company behind it would like to give for free money to people.
How do you get money from this business? And how do you think it will works for you?
Thank you in advance for your reply.
Very good question!
I hope developers will answer it
I think this will be due to advertising
I do not think that you can earn enough money from advertising to compensate for all payments Undecided
sr. member
Activity: 616
Merit: 250
Not really sure that this will work
And why do you think so?
I believe that the application will be very easy to deceive, and get tokens without attaching real efforts to this.
I think that the sensors and sensors of the smartphone have developed quite strongly, so that it turned out so easy to deceive. There are clearly involved not only a gyroscope.
Well, maybe so, but I still doubt it
We will see after the start of the application Wink
sr. member
Activity: 336
Merit: 250
Well the project looks nice but I did not understand why the app or the company behind it would like to give for free money to people.
How do you get money from this business? And how do you think it will works for you?
Thank you in advance for your reply.
Very good question!
I hope developers will answer it
I think this will be due to advertising
hero member
Activity: 868
Merit: 500
Not really sure that this will work
And why do you think so?
I believe that the application will be very easy to deceive, and get tokens without attaching real efforts to this.
I think that the sensors and sensors of the smartphone have developed quite strongly, so that it turned out so easy to deceive. There are clearly involved not only a gyroscope.
Well, maybe so, but I still doubt it
sr. member
Activity: 616
Merit: 250
Not really sure that this will work
And why do you think so?
I believe that the application will be very easy to deceive, and get tokens without attaching real efforts to this.
I think that the sensors and sensors of the smartphone have developed quite strongly, so that it turned out so easy to deceive. There are clearly involved not only a gyroscope.
full member
Activity: 168
Merit: 100
Movement App Dev.Team
What differs your project from projects like Bitwalking, Runister, Sweatcoin? It seems pretty similar to me.
Hello,
So the main difference between our platforms is that the currency used in their systems has no real-life value. The coins that user generate while using theis apps could only be spent on in-app store. None of these apps use ERC20 Token or any token at all.
Their currency could not be traded into fiat money or any other crypto. (Runister use PayPal, their issues are described in detail in our WP). We did analysis of these projects and provided detailed information in our Whitepaper. This is the main benefit of the Movement App, because we consider that  there is a great potential of using Ethereum blockchain for creating a comprehensive economic environment which will allow users to have FULL control of their tokens. For example users (and exchanges) will be able to transfer, trade, etc using the contract's ERC-20 public functions.
full member
Activity: 168
Merit: 100
Movement App Dev.Team
Not really sure that this will work
And why do you think so?
I believe that the application will be very easy to deceive, and get tokens without attaching real efforts to this.

So first of all smartphones offer a great number of sensors that will allow us to recognize many different types of physical activity. It is an area of active research (http://www.cis.fordham.edu/wisdm/includes/files/sensorKDD-2010.pdf) but current technologies allow either already established frameworks such as CoreMotion (from Apple) or low-level custom sensor data. Please note that the research article that I referred to is from 2010, the time at which iPhones couldn't even dream about counting steps, nowadays (almost 8 years later) CoreMotion is so advanced that it combines data from all the possible sensors + gps, which makes incredibly hard or unpractical to deceive such system.

Thanks for asking good and valid questions though!
hero member
Activity: 868
Merit: 500
Not really sure that this will work
And why do you think so?
I believe that the application will be very easy to deceive, and get tokens without attaching real efforts to this.
full member
Activity: 168
Merit: 100
Movement App Dev.Team
Well the project looks nice but I did not understand why the app or the company behind it would like to give for free money to people.
How do you get money from this business? And how do you think it will works for you?
Thank you in advance for your reply.

Hello and thanks a lot for asking this question. The monetization comes from building up the user base, applying targetted advertisements and revenue from the inApp store. Let me clarify, as more users use our app the more advertisement funds will be earned daily. These funds will be used to reward the people running and exercising with the focus on PoS rewards for early investors.
sr. member
Activity: 616
Merit: 250
hero member
Activity: 868
Merit: 500
Not really sure that this will work
full member
Activity: 350
Merit: 107
Well the project looks nice but I did not understand why the app or the company behind it would like to give for free money to people.
How do you get money from this business? And how do you think it will works for you?
Thank you in advance for your reply.
Very good question!
I hope developers will answer it
full member
Activity: 308
Merit: 100
Is the bounty campaign already available?
Just go up a couple of messages up LOL
Yes, it's already available!
OK
thx
full member
Activity: 266
Merit: 140
k1mera
Well the project looks nice but I did not understand why the app or the company behind it would like to give for free money to people.
How do you get money from this business? And how do you think it will works for you?
Thank you in advance for your reply.
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