The Kynson EcosystemICO The Kynson is a fitness and wellness ecosystem powered by blockchain. IMPORTANT: By investing in this business you agree to ourDisclaimer. All information including our rating, is provided merely for informational purposes. CryptoTotem does not provide investment advice. |
Overview
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What is The Kynson Ecosystem
We are Kynson, a fitness and wellness ecosystem powered by blockchain. The name “Kynson” represents fortune, health, spirituality and wellbeing. As our name indicates, we are committed to creating the most comprehensive fitness application in the market for guiding and motivating users to achieve to all kinds of fitness goals. The platform is based around the core idea of exercise being an important contributor to the physical and psychological well-being of every person. We recognize that in today’s fitness market there exists a need to establish better mechanisms to motivate users to follow their long term fitness goals and commit to active lifestyle.
The Kynson ecosystem brings together a mix of coaching, social interaction & peer pressure, gamification and monetary incentives to create a unique experience for our users. The platform applies blockchain technology in all of its functionalities to decentralize and disintermediate interaction between users. It has a built-in token economy which operates as an incentification mechanism allowing users to consistently use the platform. Kynson has unique reward distribution tools that are available for users to use through the native cryptocurrency.
Kynson consolidates several interrelated functionalities in one platform. The system offers access to fine-tuned exercises designed for users to gain total optimization of their fitness activities. The system provides a full list of exercises and comprehensive demonstrations from a virtual trainer. Kynson also allows users to find peer-to-peer personal trainers, where users can create an optimal workout.
Kynson users can apply the application’s infrastructure to challenge each other and generate competitions in connection to a wide variety of fitness activities. To make the process more interesting, rewards can be defined by users in the system which can then be distributed to winners. Reward tokens incentivize users to try and meet their set workout goals. Therefore the platform creates an economic upside for users, giving them additional motivation to meet their fitness goals.
The Kynson ecosystem has an integrated decentralized, peer-to-peer fitness products marketplace. This allows users to spend their earned tokens in other sections of the platform - for example, for purchasing fitness products directly from sellers.
Finally, the platform and its native token can be used to organize and contribute to charitable sports fundraisers for empowering the spread of more healthy and active lifestyles around the world.
The Kynson Ecosystem with its unique design, core functionalities and application of blockchain technology well positioned to be a game changer in the global wellness industry. To maximize fitness results and promote the engagement in a healthy lifestyle, we develop the Kynson platform based on 4 main success pillars: state of the art coaching, social interaction & peer pressure, gamification and monetary incentives. Our extensive research shows that a wellness-oriented application should be built at the intersection of these pillars, ultimately creating a unique, self-motivating system for users to continually apply the platform to achieve their fitness goals.
Being developed based on the above-mentioned value blocks, Kynson is composed of 5 interrelated applications which can be further broken down into 8 operating modules & functionalities which serve as building blocks of whole system. Each pillar is covered with 2 modules, which encapsulate the functionalities needed to enable a highly effective and premium user experience.
The platform has the following operating modules:
Virtual Training Center: This is the core application in the ecosystem which is composed of four different modules:
1. Virtual Coach Module: This is a cloud-based system which gives users access to virtual trainers to guide them through 4000 different premade exercises and nutritional advice. Further, the module can be applied to holistic workout planning and performance tracking.
2. Workout Achievements and Challenges: If the users follow the instructions of the virtual trainer and demonstrate a solid workout routine, they will receive achievements and rewards in the system which are able to be converted to real monetary value, the KYN token. Moreover, in the module users can create challenges and rewards for the community members to pursue.
3. Social Media: The system enables the participants to create a personal account, communicate with others, make followers and create social groups to encourage fellow fitness enthusiasts to reach their goals.
4. Blockchain Powered Token Economics: The Kynson native token is integrated into the ecosystem to facilitate the incentivization of users through tangible benefits. The proof of fitness protocol is introduced to ensure the easy conversion of user’s workout time and achievements into KYN token.
DetailsPre-sales: Sep 01, 2018 - Nov 30, 2018Public sales: Dec 01, 2018 - Feb 01, 2019 Soft cap: 5,000,000USD Hard cap: 8,000,000 USD | Token infoTicker: KYNType: Utility-token Token price in USD: 1 KYN = 0.025 USD Accepted currencies: ETH Token distribution: 40% Public and private sale 37,5% Team 12,5% Advisors 10% Proof of fitness minting Funds allocation: 30% Software Development 5% Professional Costs 20% Operational costs & Liquidity 10% Reward to business alliance 25% Marketing 10% Contingencies |
The Kynson Ecosystem Roadmap
Idea Inception.
Technical Planning;
Documentation Completed.
Launch of Private;
Round of KYN Token Sale.
Public Round (ICO);
Release of Kynson Core Protocols and Smart Contracts for use on the Application Layer;
Listing og KYN token on exchanges;
Release of Virtual Workout Session Platform (Virtual Training Center).
Beta Version of Donation & Sponsorship Module Released.
P2P Fitness Trainer;
Module Released.
P2P Fitness Trainer;
Module Released.
Beta Version of Donation & Sponsorship Nodule Released,
Release of the Kynson Fitness Chalenger.
Opening of the Kynson ecosystem for Third Party Application.