BEAT is a fitness data management platform. It enables users to be rewarded with tokens when practicing sports or other physical activities by uploading the fitness data that results from it, creating a health and fitness data marketplace. At BEAT, the reward amount of tokens will be proportional to the practiced exercise, also the user can earn BEAT tokens by selling their data to the data consumers on the platform.
The BEAT Token is an Ethereum-based (ERC-20) cryptocurrency. It is the medium through which the BEAT participants will be rewarded when practicing exercise as well as the currency used when a data consumer wants to buy fitness data from another user.
The market for cryptocurrencies and blockchain technologies remains a reasonably lucrative business despite the bearish trend experienced by tokens in… read more
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