[ANN][PRE-ICO]🔥MOVEMENT🔥Pre-ICO IS LIVE!🔥PoS |EARN MONEY ON PEOPLE RUNNING - page 4.

SmokeMcPay

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Quote from: byteminr on November 24, 2017, 03:47:28 AM

Quote from: SmokeMcPay on November 24, 2017, 03:21:11 AM

Quote from: byteminr on November 24, 2017, 02:27:56 AM

This is no bad idea but who will buy token on the exchange?
Why this token will be interesting for investors and which will provide an appreciation of the currency?

After the launch of the platform MOVE tokens will act as the efficiency multipliers and serve as a bonus coeficient applied to the amount of RUN coins that the user will receive for their physical activity. MOVE token can be traded, sold and trasfered on the Ethereum network. During the crowdsale participants will receive MOVE tokens to the wallets they contributed from. The number of tokens is limited by the smart-contract. There will be a certain amount of RUN coins deployed daily that would be allocated between users according to their stakes (amount of MOVE Tokens). MOVE token will raise in price proportionally to the number of platform users. The more people use the platform the more demand to buy MOVE there would be. Even though one can use the app without any MOVE tokens, having some in your pocket will give one a substantial advantage.

So the main interest for investor is a potential rapid price grow which could be caused by the popularity of the app and total amount of users.

I correctly understood: The more Move tokens you have the more you will get tokens for you activity (move, run etc)?
Its like proof of stake with proof of activity?

Exactly

byteminr

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Quote from: SmokeMcPay on November 24, 2017, 03:21:11 AM

Quote from: byteminr on November 24, 2017, 02:27:56 AM

This is no bad idea but who will buy token on the exchange?
Why this token will be interesting for investors and which will provide an appreciation of the currency?

After the launch of the platform MOVE tokens will act as the efficiency multipliers and serve as a bonus coeficient applied to the amount of RUN coins that the user will receive for their physical activity. MOVE token can be traded, sold and trasfered on the Ethereum network. During the crowdsale participants will receive MOVE tokens to the wallets they contributed from. The number of tokens is limited by the smart-contract. There will be a certain amount of RUN coins deployed daily that would be allocated between users according to their stakes (amount of MOVE Tokens). MOVE token will raise in price proportionally to the number of platform users. The more people use the platform the more demand to buy MOVE there would be. Even though one can use the app without any MOVE tokens, having some in your pocket will give one a substantial advantage.

So the main interest for investor is a potential rapid price grow which could be caused by the popularity of the app and total amount of users.

I correctly understood: The more Move tokens you have the more you will get tokens for you activity (move, run etc)?
Its like proof of stake with proof of activity?

SmokeMcPay

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Activity: 168

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Movement App Dev.Team

Quote from: byteminr on November 24, 2017, 02:27:56 AM

This is no bad idea but who will buy token on the exchange?
Why this token will be interesting for investors and which will provide an appreciation of the currency?

After the launch of the platform MOVE tokens will act as the efficiency multipliers and serve as a bonus coeficient applied to the amount of RUN coins that the user will receive for their physical activity. MOVE token can be traded, sold and trasfered on the Ethereum network. During the crowdsale participants will receive MOVE tokens to the wallets they contributed from. The number of tokens is limited by the smart-contract. There will be a certain amount of RUN coins deployed daily that would be allocated between users according to their stakes (amount of MOVE Tokens). MOVE token will raise in price proportionally to the number of platform users. The more people use the platform the more demand to buy MOVE there would be. Even though one can use the app without any MOVE tokens, having some in your pocket will give one a substantial advantage.

So the main interest for investor is a potential rapid price grow which could be caused by the popularity of the app and total amount of users.

byteminr

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This is no bad idea but who will buy token on the exchange?
Why this token will be interesting for investors and which will provide an appreciation of the currency?

Vladdirescu87

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Movement App – Revolutionary Ecosystem That Rewards Users For Physical Activity

More on Coinidol.com: https://coinidol.com/movement-app-revolutionary-ecosystem-rewards-users-physical-activity/

SmokeMcPay

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Quote from: kusumadewi on November 22, 2017, 10:49:14 PM

How will the sellers of goods profit from the sale of goods? After Run coins will be distributed for free, it means, in fact, they will not by themselves have value. How can sellers convert them into money?

Several things:

First, RUN coin will be tradable into MOVE tokens, so it's not completely "free". It is supported by the price of an existing asset.

Second, manufacturers and sellers will not receive RUN coins, you're right. RUN coin is just an internal mechanism for calculating physical activity and claiming rewards. We expect the main revenue source to come from the ads and monetizing huge userbase, the way facebook, twitter, Spotify, etc do. After you spend RUN coins in the store they are basically "burnt" which will prevent a RUN coin inflation. At the same time, more users will inevitably lead to generating more RUN coins but they will also generate proportionally more revenue and hype around the platform.

kusumadewi

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How will the sellers of goods profit from the sale of goods? After Run coins will be distributed for free, it means, in fact, they will not by themselves have value. How can sellers convert them into money?

muleroaa

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GIF by SOCIFI

Quote from: SmokeMcPay on November 21, 2017, 04:29:38 PM

Quote from: rezius on November 21, 2017, 11:54:07 AM

I agree more competitions the better. The App will get a lot of downloads and usage based on just the original concept but the team must think about User Retention. The current model will have low User Retention. Adding a Leaderboard, Tournaments, Teams, and maybe even One on One challenges where you face another user for a certain amount of coins. Many concepts for User Retention can be implemented.

Hello, nice to see you again! We've received much suggestions about implementing competition system to our app. We think that it would be a good idea to let people have their own community where they could communicate and compete for coins. We consider competition as not only a very effective way for audience retention but also as an effective way to entertain users.

Users definitely going to see this feature! We are going to make an official announcement soon!

Thank you for your ideas and support!

Sounds like a cool plan. Any idea when the announcement will come out? Before the Pre-ICO?

Not sure if you missed it, but the Dutch whitepaper is done too, did not see it updated in the first post yet.

Quote from: muleroaa on November 19, 2017, 05:33:44 PM

Dutch white paper translation is done too! Here you go:

https://drive.google.com/file/d/1UVz75fjQAQQ-vz_-eJw6yF2L0E8GF-7a/view

SmokeMcPay

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Quote from: AndrewBUD on November 21, 2017, 11:58:30 PM

How will the purchased goods be delivered? Who will give guarantees for the goods purchased?

Hello, thank you for this question!
We plan to cooperate with major logistic companies such as DHL, FedEx, EMS, TNT etc.
As was mentioned before, we are now negotiating with major sports goods distributors. One of the points of our dialogue is to make a local store pick up available for the users of Movement App.

AndrewBUD

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How will the purchased goods be delivered? Who will give guarantees for the goods purchased?

SmokeMcPay

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Quote from: ?? on ??

Quote from: SmokeMcPay on November 06, 2017, 08:02:26 PM

https://www.movementapp.io

Whitepaper

Bounty Campaign

MOVEMENT is a new ecosystem that transfers users moves into tokens.
This thread describes how we use blockchain technology and smart contracts to implement economic dimension to the Movement App
that motivates users to workout or to use walking as a main mode of transportation.
From now, all the time that people spend for running, jogging or even walking to work/classes and back home will become profitable.

Every registered user will be given a wallet inside the Movement App. All the data, as well as earned coins and purchased tokens, will be safely secured in it. The user will be able to operate with the wallet via smart-contract. Wallet will also show the real-life exchange rate and give the user the ability to exchange RUN coins into MOVE Tokens.

As could be seen from the scheme above, the system will have the following operation principle:

As user runs, jogs, walks and beats the distance RUN coins are being added to his account in real-time. The number of coins rewarded depends on several factors such as total distance, time spent, calories burnt (if synchronized with apps with such calculating functions) and the amount of MOVE Tokens in users’ wallet.

The main feature of MOVE Tokens in Movement Economic System is to form an efficiency multiplier and serve as a bonus coefficient applied to the amount of RUN coins rewarded by the Movement™ App API.

Movement App will support Smart Watch technology as well as integration with all most popular smart accessories and apps for sports and health & activity tracking such as Fitbit, Google Fit, Apple Watch, Apple Health Kit, etc.

Gained RUN coins could be spent at in-app shop or exchanged for MOVE Tokens.

EXAMPLE:
USER 'A' HAS 0 MOVE TOKENS IN MOVEMENTTM WALLET SO THE COINS MULTIPLIER IS x0.
USER ‘A’ BEATS THE DISTANCE OF 1km AND GETS REWARDED WITH 100 RUN COINS.
USER ‘B’ HAS 1 MOVE TOKEN IN MOVEMENTTM WALLET SO THE MULTIPLIER IS x0.5.
USER ‘B’ BEATS THE DISTANCE OF 1km AND GETS 150 RUN COINS FOR IT.
*all the numbers stated are arbitrary

International

Russian ANN Thread: https://bitcointalksearch.org/topic/movement-pre-ico-20-eth-2385627

Filipino ANN Thread: https://bitcointalksearch.org/topic/local-annpre-icomovementunique-ecosystempos-earn-money-on-people-2400944

Spanish ANN Thread: https://bitcointalksearch.org/topic/annpre-icomovementecosistema-unicopos-gana-dinero-con-gente-corriendo-2414274

Indonesian ANN Thread: https://bitcointalksearch.org/topic/annpre-icomovementekosistem-unik-pos-earn-money-on-people-running-2419109

Italian ANN Thread: https://bitcointalksearch.org/topic/annpre-icomovementecosistema-unicopos-guadagna-soldi-correndo-2419494

how to buy this [Suspicious link removed]d amount to pay

MOVE Tokens will be available for purchase on December 15 here: https://www.movementapp.io

Please register to make sure you don't miss the start and get the biggest bonus.

SmokeMcPay

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Twitter & Facebook Spreadsheets UPDATED

SmokeMcPay

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Movement App Dev.Team

Quote from: rezius on November 21, 2017, 04:35:00 PM

Thanks for the response Smoke.

As for Sports Items in the store, what kind of items will be available? Obviously maybe running gear but perhaps other sports such as Soccer/Futbol? Most popular sport in the world and has to do with running.

Just out of curiosity, what's your favorite sport? Cheesy

Sorry for keeping you waiting! A bit busy today!

We plan to add as much sports goods as possible, not only running gear but also different accessories for fitness and workout, etc.
It will have all goods that regular online sports store has.

My fav sport is Soccer, and yours? Wink

rezius

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Thanks for the response Smoke.

As for Sports Items in the store, what kind of items will be available? Obviously maybe running gear but perhaps other sports such as Soccer/Futbol? Most popular sport in the world and has to do with running.

Just out of curiosity, what's your favorite sport? Cheesy

SmokeMcPay

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Movement App Dev.Team

Quote from: rezius on November 21, 2017, 11:54:07 AM

I agree more competitions the better. The App will get a lot of downloads and usage based on just the original concept but the team must think about User Retention. The current model will have low User Retention. Adding a Leaderboard, Tournaments, Teams, and maybe even One on One challenges where you face another user for a certain amount of coins. Many concepts for User Retention can be implemented.

Hello, nice to see you again! We've received much suggestions about implementing competition system to our app. We think that it would be a good idea to let people have their own community where they could communicate and compete for coins. We consider competition as not only a very effective way for audience retention but also as an effective way to entertain users.

Users definitely going to see this feature! We are going to make an official announcement soon!

Thank you for your ideas and support!

rezius

member

Activity: 84

Merit: 10

I agree more competitions the better. The App will get a lot of downloads and usage based on just the original concept but the team must think about User Retention. The current model will have low User Retention. Adding a Leaderboard, Tournaments, Teams, and maybe even One on One challenges where you face another user for a certain amount of coins. Many concepts for User Retention can be implemented.

cryptohype

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I think you can arrange competitions between teams. The total number of team tokens -amount of tokens of all participants - should be the same. To win, participants will either have to buy tokens - or move more.

SmokeMcPay

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ANN Thread UPDATED.

Translations ADDED[

SmokeMcPay

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Quote from: rezius on November 19, 2017, 02:17:20 PM

Will the app be available for Apple Watch, Fitbit, and other Smart Watches right away? Will be a really big market for the app.

Also, where do you see the potential marketcap you're aiming for in the longrun?

Yes, it is planned that our app will support smart-watches right from the release date. We think that it is too early to make a statemant about where do we see our market cap in the long run.

SmokeMcPay

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Quote from: cryptoivan on November 19, 2017, 09:06:36 PM

I read the description of the project and I still don't see where will you take money from? People earn your tokens, the system is based on your tokens, so with the time, the price of your token should slightly fall. Why are we supposed to invest in it? What problem do you solve?

Hello, sorry for missing your question. We plan to monetize the app by implementing in-App shop where people would be able to spend RUN coins. We’ve also started negotiation process with some major sports goods manufacturers and distributors in order to implement advertisement. It is too early to make an official announcement, but I think it will not take long. As you know, MOVE Token act as an efficiency multiplier and gives bonuses to gained RUN coins, simply saying- the more MOVE tokens you have - the more RUN coins you get for your work. This would lead to increasing demand and the price.

Topic: [ANN][PRE-ICO]🔥MOVEMENT🔥Pre-ICO IS LIVE!🔥PoS |EARN MONEY ON PEOPLE RUNNING - page 4. (Read 16169 times)