inSHAPE price

SHAPE

The way we use blockchain technology to add an economic dimension to the inSHAPE App, in order to motivate users to workout or to use walking as the main mode of transportation. From now on, the entire time that people spend exercising or even walking to work/classes and back home will become profitable. Day by day, people will get paid to sweat - they'll make money for getting in shape. Most people do physical activity for at least 1 hour per day, but what are they getting in return? Most of them just pay for sports equipment, gym subscriptions, sports kits, healthy nutrition, etc. There are also tens, maybe even hundreds of applications that just count the number of steps or the physical effort these people make every day, but that's all. There is no concrete financial reward in money for their physical activity. The inSHAPE App founders decided to build an app that, on the one hand, works as a fitness tracking device and, on the other hand, allows users to mine in cloud a new token, one called SHAPE, depending on their physical effort. inSHAPE App is a new ecosystem, where everyone would be able to get tokens in exchange for working out. It could be running, jogging or walking, outside or inside or using a treadmill, to playing sports such as tennis, football, handball etc. The SHAPE tokens will be tradable and transferrable on the international exchanges. They will also be used in our marketplace to spend on vacations, gadgets, sports goods, sports nutrition, sportswear, online Fitness & Yoga.

Circulating supply is 300 million of SHAPE tokens. A max supply is fixed at 1 billion of SHAPE tokens. Only 300 million of tokens will be mined for promotion purposes. Later on, only the miners will be able to mine further amounts. Max 140 million of tokens can be mined/ year, for the next 5 years. All tokens from one year will be split in 365 blocks, each with 383,561 of tokens rewards. The users are proportionally rewarded, based on their contribution (shares). A "share" is awarded to members of the mining block who present a valid proof of work. 1,000 steps = 1 share and 1 hour of workout = 20 shares.

You can buy SHAPE token from our website https://inshape.app. We are planning to list on exchanges soon.