An overview of the FitBurn platform and tokenomics.
Emerging as a cutting-edge initiative within the Move-2-Earn paradigm, the FitBurn platform seeks to link gym training, NFTs, and play-to-earn mechanisms by paying individuals in cryptocurrency for being active and burning calories. FitBurn's business model is predicated on creating worldwide agreements with fitness entities and selling NFTs that serve as access keys to the platform, providing calorie payback and other perks based on the partnership. The platform will launch on Polygon and Binance Smart Chain, providing fast transaction speeds and minimal transaction costs.
The native utility token of the platform, CAL, will be utilized as an in-app payment option for NFTs, gym memberships, vitamins, accessories, etc. Staking the CAL token gives customers a fee reduction, CAL tokens as prizes, an enhanced exercise limit, and access to special or VIP events. In addition, the platform will also allow CAL token and NFT holders to participate in the system’s Governance and decide on specific parameters.
With the power of AI, we will offer our users a truly personalized fitness experience. Our algorithms analyze user data to provide customized workout plans that are tailored to their specific needs, goals, and preferences. By tracking their progress, we can help our users optimize their routines and stay motivated to achieve their fitness goals.
Based on the habits of our users, their training cycles, intensities and performance levels, the learning algorithms and data analytics can not only recommend optimal exercises and diets, but also suggest the right training partners from our community of Fitburners. The possibilities are exciting, almost endless and will take the Fitburn App to the next level.
Our investment in AI research and development is a significant step towards achieving our vision. We have assembled a team of experts in AI, fitness, and nutrition who are working together to develop cutting-edge technologies that will power our AI fitness platform. With their help, we can continue to refine our algorithms and offer our users the best possible experience.