300FIT NETWORKFIT
$0.000913
Market/Exchange
FIT Price Prediction and Price Movement
FIT is up 62.52 percent over the last three months, while its market capitalization is still considered relatively small, which implies that the price of FIT can be very volatile comparing to those with larger market cap during big market moves. However, with a stead growth over the past three months, FIT has the potential to grow further and may yield some very decent gains. Again traders should remain cautious at all time.
Please note that this analysis is purely base on FIT's historic price actions and is by no means financial advice. Traders should always do their own research and be extra careful while investing in cryptocurrencies.
300FIT NETWORK Price Chart
About 300FIT NETWORK
What Is 300FIT(FIT)?
'300FIT' is a sports & fitness influencer platform that combines token rewards with IUwell's Personal Health Record (PHR) business know-how. Samsung Health's content provider '300kcal' has a million cumulative users, and 300FIT offers influencer-brand marketing solutions that leverage them. As the existing fitness business team operates the project, I think it has a good understanding of the market, high level of application, and relatively well-organized business plans for the industry.
300FIT is the only fitness platform where sports stars such as Medalists, Pro athletes gather and teach the sports. Now platform services are connected with SAMSUNG HEALTH which is Top 10 Fitness contents platform in the world. 300FIT already has 6 very famous sports advisors and goal for 100 up to 2020
FIT is the native utility token that is used for:
. get reward tool by joining 300FIT Network ecosystem . used for governance votes to determine contents creator(Influencer) . used for payment on App-market . used for medium of investment to influencer who seek for fundraising
300FIT aims to utilize the characteristics of the blockchain to build trustworthy services for all ecosystem members. R/S(Revenue Sharing) consultation between influencers and users, influencers and companies are distributed in a way that cannot be falsified, and transparent procedures are executed through smart contracts. As a result, influencers can see the sales of their own content, the products they are actively advertising, and can confirm that they are being distributed fairly in accordance with the terms of the agreement between the parties.
There are 4 Parties involved in online section
First 300FIT, Second User, third Commerce supplier and last, Advertiser.
First, Between User and 300FIT case
If user exercise or complete the missions in the App, they get reward by FITpay. FITpay is the point that stabilizes for the FIT token conversion. You can currently find out FIT Conversion Button at My page in the 300FIT Application.
Sencond, Between Commerce supplier and 300FIT case We have 300 market inside. If suppliers want to be a vender of commerce, they should pay vender Deposit with FIT token. And deposit in this case, means “right to sell” in 300market
Third, Between Advertiser and 300FIT case If advertiser want to start advertising in the App, they should pay the fee with FIT token. These 3 use cases are practically and immediately applicable models. And we will try to expand more Token ecosystem inside App which is Online section.
Lastly, offline use cases.
At the Paragraph 3 (Product). We mentioned VR 300Gym. 300GYM is not exactly the fitness center, but more about fitness program & system. It is really amazing program based on VR.
Since set up cost is not so big that many fitness centers & facilities are willing to set it up.
Actually, we launched the 1st store in Dongdeamun Gu in Seoul. We have already had 5 more Applications for candidates which are Crossfit centers and Personal training studios.
Special Features of 300GYM is that it calculates the Kcal burning figure.
FITpay reward will be paid based on the burned Kcal every month and you can use that rewarded FITpay for enrolling 300GYM or buying some solid product in 300FIT market or converse it into FIT token.
That rewarded FIT is purchased by 300Gym setter (similar with franchise marketing Fee). This is the great marketing tool for success of setter, and we expect they are willing to pay it.
This is the usage of the token in Offline.
Who are the Founders of 300FIT NETWORK?
Stanley Song, CEO & Founder of 300FIT NETWORK, has developed mobile fitness service platform which can recommend optimal exercise programs to users with big data. Now platform service are connected with SAMSUNG HEALTH which is Top 10 Fitness contents platform in the world. Song founded IUWELL Co. ltd. which based in South Korea, 10 years ago. He developed various Sports & Fitness big data platform, Exercise motion tracker.
Gun-Woo Kwon, CTO, has worked with Samsung Group ERP development projects, which are called Next Generation First-class ERP. He developed and managed initial technical architects. He has a dream to build 300FIT NETWORK as everyone can access mobile fitness service with numerous fitness influencers
Where can I buy 300FIT NETWORK(FIT)?
[Bithumb] (https://coinmarketcap.com/exchanges/bithumb/) offers KRW pair, Bithumb is largest exchange in South Korea. [Bittrex] (https://coinmarketcap.com/exchanges/bittrex/) also offers BTC pair