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Gainz Token (GAINZ)

ICO

The Gainz token platform is a ERC-20 token & Ethereum based smart contract network that currently works with a real FitBit device. Gainz token is “mined” by physical work and distributed when goals are completed. The smart contract technology allows personal trainers and fitness influencers to challenge other influencers in a step/calorie/distance FitBit challenge, winner takes all the tokens on the wager.

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Overview

Product typeService
WhitepaperGainz Token White Paper Open

What is Gainz Token

GAINZ Token is an ERC-20 Proof of Physical Work token. GAINZ token will be able to record and infer calories and steps through users’ FitBit or GAINZ Network App (available for Android and IOS). Influencers (coaches) will be able to create tasks for their followers. The latter can then choose and perform their task based on payout, difficulty, and likelihood of accomplishment. If followers complete the task successfully, the Smart Contract will dispense tokens to wallets of all participants. Failed challenges result in no tokens.

Details

Pre-sales: Apr 23, 2018 - Jun 01, 2018
Token supply: 400,000,000

Token info

Ticker: GAINZ
Type: Utility-token
Token price in USD: 1 GAINZ = 0.02 USD
Accepted currencies: ETH
Bonus program:
ICO Part 1: 40% Bonus
ICO Part 2: 20% Bonus
ICO Part 3: 0% Bonus
Token distribution:
25% - ICO
10% - Research & Design Fund
40% - Founders & Early Investors
25% - Treasury
Funds allocation:
33% - GAINZ Network Application for IOS & Android
17% - Corporate Partnerships
17% - GAINZ Network Smart Contract Development & Design
17% - GAINZ Network Web Development & Design
17% - Marketing & Partnerships

Gainz Token Roadmap

1
January 2018

GAINZ token and GAINZ Network are founded by Matt
Deatherage and Luke Montoni. The idea to reward large
networks of people through physical work on blockchain has
begun.

2
February 2018

ERC-20 utility Token has been created. White paper, corporate
pitch book, press release has been posted on website for
investors to analyze. Technical and Executive team will make
themselves available for interviews.

3
March 2018

By March 2018, our product will be ready for ICO or
Commercial sale to a company. We will be working with our
Investors on the best option for the team and company. Our
patent Pending Technology will give us the opportunity to
approach the companies listed within this White Paper.

4
Summer 2018

Beta version of the GAINZ Network App is launched. This will
provide limited functions, such as a perpetual “TASK” mining
blocks that awards based on miles/steps walked at different
increments. The difficulty is linear, as users must work harder
for each token. Our business development team will continoutly
look for spon.

5
December 2018

TASKS for influencers are now in full force, as they can now
offer challenges to their followers that they have been accruing
during beta versions. This will record basic level calories and
steps, with different durations, commission rates, and sizes.

6
2019

One week in cryptocurrency is almost one month of a
regular stock market. It’s 24/7 nature makes it unpredictable
for any business. Our focus in 2019 will be upstream gym
manufacturers, who will eventually lead us to their customers.
Our relationships built in 2019 will work cohesively with our
influencer relationships, as their software systems are now of
very great interest to our influencers.

Project team

Luke Montoni
Luke Montoni
Founder
Luke Montoni linkedin
Tarun Bheema
Tarun Bheema
Lead Developer
Tarun Bheema linkedin
Zachary McGinnis
Zachary McGinnis
Developer
Zachary McGinnis linkedin
Joel Garcia
Joel Garcia
Community Manger/Senior Developer
Joel Garcia linkedin
Peter Jamack
Peter Jamack
Developer
Peter Jamack linkedin

Advisors

Kevin Owocki
Kevin Owocki
Advisor
Kevin Owocki linkedin
Ernesto Lee
Ernesto Lee
Advisor
Ernesto Lee linkedin
Maria Rachinskaya
Maria Rachinskaya
Advisor
Maria Rachinskaya linkedin
Mike Burden
Mike Burden
Advisor
Mike Burden linkedin

Social media

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