FitN

FITN - The only platform you need everyday to make the most from your Fitness life is ready to release on Infinite Launch

Admin

• 6 min read
FITN - The only platform you need everyday to make the most from your Fitness life is ready to release on Infinite Launch

Gathering a seasoned team with the ambition to build up a healthier world when the sedentary lifestyle is taking dominance over others in the world, FITN is developed as the answer to this puzzle.

Overview of FITN

FITN is the leading Exercise-to-Earn web3 lifestyle app on the blockchain with both GameFi and SocialFi elements. FITN is built on the BNB chain.

Our goal is to bring an unparalleled fitness solution which helps improve public health in general as well as offer our investors and users various sustainable opportunities to earn with Exercise-to-Earn concept.

Different from M2E concept, E2E allows users to do exercise in general such as walking, jogging, skipping, running, playing sport, cycling or even workout to keep fit and make profit simultaneously.

Key Highlights of FITN

  • A wide range of E2E modes, including jogging, running, cycling, even workout and yoga/mediation, etc., with assorted challenges and minigames.
  • Users can have NFTs customized by themselves and display them in their AR Rooms.
  • SocialFi elements (invite friends, clubs, trainer clubs with scholarship, etc.) allow users to connect and exercise together.
  • Health stats are closely tracked by online tools and reports are sent to users' email every month.
  • Free-to-play mechanism for users to experience the play modes instantly in 7 days of trial.

How to use?

​​Step 1: Download and install the FITN App on Appstore or Google CH Play

Step 2: Register for a FITN account using email

Step 3: Create a new Wallet or import your own Wallet

Step 4: Transfer BNB into your in-app wallet

Step 5: Buy/rent NFTs on FITN's Marketplace or use FITN trial shoes/bicycle (in 7 days)

Time to start your journey!

Play Modes

NFT System

Earning Mechanism

NFT attributes

  • Efficiency - Solo, group, trail/marathon mode

Efficiency Attribute affects the earning rate in Solo and group modes. The higher the efficiency attribute points, the more $FIT per power spent users can earn.

The higher Efficiency Attribute points also help Leaderboard points accumulate faster in Trail/Marathon mode.

  • Luck - Solo, group mode and NFT renting

Luck Attribute affects the drop rate of the Mystery boxes during exercising. The higher the luck attribute points, the higher the chance Mystery boxes drop.

  • Comfort

Comfort Attribute affects the accessories upgrading. The higher the comfort attribute points, the higher percentages of accessories are successfully upgraded.

  • Durability - Solo, group, trail/marathon mode

Durability is NFTs’ “stamina” bar and it decreases as the user moves. The higher the NFT's rarity level, the higher the repair cost to fulfill this “stamina” bar.

Durability Attribute affects the endurance of NFTs. The higher the durability attribute points, the longer time NFTs need to repair.

Marketplace

Trading

Users can buy and sell NFT boxes, NFTs, Energy boosters, and Badges on the Marketplace.

NFT renting

To start earning without any owned NFT, users can rent them on the Marketplace. Users having demands for renting NFTs first need to apply for a rental, and they then are paired with a leaser for a Rental Agreement.

Renters have to fully agree to the terms of this agreement to have it take effect. Each Rental agreement is for 24 hours, and after that time, rental NFTs have to return to the owners for repair.

A Rental Agreement can last up to 7 days, depending on the renter’s credit rating. With any successful Rental Agreement fulfilled, the renter’s credit rating will be added 0.1 points. On the contrary, failure to comply with the terms of the agreement will let this number decrease.

Whenever a renter completes a session in the Solo Mode, the Smart Contract will distribute the earnings in accordance with the Rental Agreement. The renter and leaser earnings are fixed.

NFT customization

FITN allows users to customize their own NFTs and sell their products on the Marketplace.

AR room

AR room is where users can display the NFTs they own and show them to other users.

Staking & Farming Feature

When users stake $FIT, they can receive LP. LP can be used as follows:

  • Exchange to $FITN tokens or energy boosters
  • Increase 50% of rewards
  • The amount of $FIT tokens staked has to be locked at least 30 days before users can unstake it.

When users stake NFTs, they can receive $FITN tokens.

When users stake $FITN on AMM pools, they can have high APR/APY.

When users stake $FITN tokens, they can receive vFITN. In addition, the vFITN holders have the right to vote in the DAO and have their leaderboard/tournament rewards increase.

Core Team

Investors, Backers & Advisors:

Token Information

  • Governance token: $FITN
  • Name: FITN
  • Symbol: FITN
  • Decimals: 18
  • Network: BNB chain
  • Total Supply: 250,000,000
  • Initial Market Cap: $445000

Utilities

  • Marketplace fee
  • NFT minting fee
  • NFT lending fee
  • NFT customization fee
  • NFT upgrading fee
  • Trainer hiring
  • AR room lending
  • Challenge & Special Event (Tournament) rewards

In-game token: $FIT

  • Token Information
  • Name: FIT
  • Symbol: FIT
  • Decimals: 18
  • Network: BNB chain
  • Total Supply: unlimited

Utilities

  • Upgrade NFT items and energy boosters
  • NFT repairing
  • Minting fee
  • Mystery box opening fee

Token Allocation

Tracking/Anti-cheating Mechanism

Any cheating action is banned in FITN and we will punish these cheaters’ accounts. To detect these fraudulent actions, FITN uses 3 devices as below:

  • GPS tracking
  • Motion sensor, and health data
  • Machine learning to detect cheating through data simulation

We will track your every step and mile by GPS tracking for the rewards. Any device that is jailbroken, rooted or has a modified operating system will be detected by our technology and the owner can be punished because of their cheating actions.

To learn more:

Follow FITN's official channels to update latest information:

IDO Information

IDO Refund Policy

Infinite Launch has come up with Refund Policy for IDOs on our platform. These refund terms shall become effective and shall apply for all IDOs from June 9th, 2022.

Terms and Conditions of Refund:

Refund policy shall apply if one or more events below happen:

  • IDO of the project poses a safety or security risk to users or the platform of Infinite Launch.
  • Any information provided by the project is incomplete, invalid, misleading, or untrue;
  • The token smart contract is reported to have errors that potentially affects the token minting & distribution process.
  • The token experiences selling pressure before the TGE.
  • In 48 hours after the TGE/token listing event, if the tokens price drops to equal or lower than that in the IDO.
  • Other events that indicate any potential risk to Infinite Launch’s IDO investors.

IDO Refund Mechanism:

Infinite Launch will refund 90% of valid token collected from users. Refund processing timeline: 2–3 weeks from the date of official announcement for refund from Infinite Launch.

Infinite Launch will be responsible for an official announcement for a refund to all users/investors. Next, Infinite Launch will collect all valid tokens within 5–7 days and start to airdrop the refund directly to users wallet.

About Infinite Launch:

Infinite Launch is a multi-chain launchpad for hand-picked DeFi & NFT projects, with the first-ever mechanism where investors can lock away their tokens for guaranteed IDO allocations. Its mission is to create a decentralized and convenient platform for unique crypto projects to acquire the funding they deserve.

Find more information about Infinite Launch at:

  • Website: https://infinitelaunch.io/
  • Medium: https://infinitelaunch.medium.com/
  • Twitter: https://twitter.com/InfiniteLaunch
  • Telegram Official Channel: https://t.me/InfiniteLaunchNews
  • Whitepaper: https://infinitelaunch.io/InfiniteLaunch-Whitepaper.pdf

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