The MovementApp-In Depth ICO Review
Here is the most awaited in depth ICO Review for MovementApp. There are new ICOs being reported practically consistently as of late. Beginning Coin Offerings are the speculation existing apart from everything else and there are such huge numbers of choices that a speculator could without much of a stretch vibe overpowered while picking the best ventures.
To help our peruses to take the most ideal choices, our blog audits the most fascinating organizations that are arranging ICOs right now. Today, the subject of our audit is the Movement App ICO. The Pre-ICO project, Movement App, will start selling Tokens on December 15. MovementApp is a decentralized platform based on Ethereum blockchain. It is a unique ecosystem, where everyone would be able to get a reward for beating distance and exercising. User will get RUN coins for walking, running, jogging outside or using a treadmill. Coins could be spent in the in-app store or exchanged into ERC20 MOVE Tokens.
The main feature of MOVE Tokens in Movement Economic System is to form an efficiency multiplier and serve as a bonus coefficient applied to the amount of RUN coins rewarded by the Movement App API. That is the main investment case for MOVE Tokens. As more users start using the app the demand for MOVE Tokens will grow. It is the first mobile app of its kind that implements blockchain technology into the development of Fitness apps that not only collects the workout data, but also rewards users for it. Large numbers of people around the world are passionate about running, jogging and sports walking or use walking as main mode of transportation. There is no service or platform with real-life economic system, at present time, which offers users to get real-life valuable tokens for their activities. The development of blockchain technology and smart-contracts allows our engineers to implement such functionality into the Movement App. Movement App development team is striving to create a unique platform, which is designed to motivate people to lead active lifestyle, control health conditions and get in shape while getting rewards for exercising.
Movement App will support Smart Watch technology as well as integration with all most popular smart accessories and apps for sports and health & activity tracking such as: Fitbit, Google Fit, Apple Watch, Apple Health Kit, etc. It is important to mention that the Alpha-version of the Movement App is going to be released in March 2018. All the participants of the Pre-ICO phase will be able to participate in testing process.
What is Movement AppICO?
Development App ICO is an application intended to adapt your activity. Essentially, you work out, pick up coins and you will have the capacity to utilize them to purchase items on the stage later. The goal of the Movement is to give motivating forces for individuals to make more activities and have more advantageous lives.
The organization needs to be productive utilizing their MOVE tokens, which will be sold, to make it less demanding for individuals to pick up RUN tokens that they can use to trade for merchandise in the store.
The Way Movement App ICO Works
Essentially, you download the application, enlist on the stage and after that utilization something like a Smart Watch or a cell phone to track your activities. By working out, you will have the capacity to pick up RUN coins that you will trade for sports items from organizations like Nike, Adidas, Reebook, Under Armor or for MOVE tokens. Each client will have a wallet that will bolster both RUN and MOVE tokens, so they won’t require some other sort of wallet to utilize the program. The client can utilize the MOVE tokens to increase their pick up or RUN tokens and after that get more RUN tokens speedier. This will make more clients purchase tokens and it will help adapt the stage, as at last, they will wind up paying for utilizing the free stage, as they will need to get more RUN tokens and, along these lines, they will wind up purchasing MOVE tokens to utilize them as multipliers.
How Do I Invest in MovementApp ICO?
To put resources into this new business, you need to purchase their MOVE tokens. You will have the capacity to that in two open doors previously the dispatch of the stage, the pre-ICO and the fundamental ICO.
The pre-ICO will occur amid December 15 to 25 and in the event that you purchase amid this deal, you will pay less expensive for the tokens. You need to spend no less than 0.1 ETH to purchase tokens amid this stage. The rebates will be isolated in stages:
- Stage 1: 1ETH = 1200 MOVE (240,000 MOVE)
- Stage 2: 1ETH = 1080 MOVE (360,000 MOVE)
- Stage 3: 1ETH = 960 MOVE (960,000 MOVE)
- Stage 4: 1ETH = 840 MOVE (1,512,000 MOVE)
The primary ICO still does not have a settled date, but rather it will start in February and it will last until March. The base cost will be 1 ETH per 600 MOVE tokens, however there will be rewards amid the initial three weeks.
- Week 1: Bonus +20%.
- Week 2: Bonus +10%.
- Week 3: Bonus +5%.
Notice that the tokens are not offers of the organizations, but rather a digital money that you will have the capacity to utilize the stage. The fundamental speculation from purchasing these tokens is to have the capacity to offer them later on for more cash than you got them and get benefits from the deal.
It is likewise essential to recognize that while MOVE tokens will be a sort of digital money that can be purchased, RUN coins will be just utilized inside the stage and are more similar to focuses than genuine cash. Every single unsold token will be scorched.
The MovementApp ICO Verdict
Is the Movement application a decent venture for you? There are some positive and negative focuses about this stage. The positive ones are that they appear to have a strong arrangement and there are very few issues that can emerge within a reasonable time-frame. They likewise are putting resources into a training that is developing, so there is a business opportunity for this organization. The negative point is that it’s difficult to state how well the adaptation of the stage will work after the ICO, so perhaps the cost of the MOVE tokens won’t raise as much as the organization trusts.
Finally, there isn’t an impeccable answer letting you know whether you ought to put resources into the Movement application or not. It relies upon how fruitful you figure their stage will be later on, so set aside your opportunity to choose the correct strategy and contribute well.