Athlerse Whitepaper
  • INTRODUCTION
    • Introducing Athlerse
    • Disclaimer
    • Our Vision
    • Target Market & Sectors
    • Existing Problems
    • Product Proposition
    • Why Athlerse?
    • Definitions
  • HOW DOES IT WORK?
    • Top-quality Workouts for Free
    • Get Rewarded for Your Training
    • Extend Fitness Functionality
    • Discover Full Web3 Potential
    • Social Interaction with Athletes
    • Go-to-Market Strategy
  • Technical Aspects of Athlerse
    • Technology Stack
    • Web3 Tech Aspects
    • Blockchain Infrastructure
    • Trackers Integration
  • Athlerse AI Initiatives
    • Athlerse AI Functions
    • Personal Workout Plans
    • Smart AI Workout Analysis
    • Posture Analysis and Correction
    • AI-Powered Predictive Analytics
    • Voice Guidance & Virtual Trainer
    • AI-Powered Nutrition
    • Technical Overview
    • Athlerse AI Summary
  • Tokenomics
    • Tokenomics: Introduction
    • Tokenomics and Valuation
    • GYM Coin
    • $ATHL Token
  • Business Model
    • Product Financials & Monetisation
  • Roadmap
    • Roadmap
  • TEAM & PARTNERS
    • Meet the Core Team
    • Incubators & Partners
  • Use Cases
    • Use Case 1: Fit Mum
    • Use Case 2: 18 Years Old Teenager
    • Use Case 3: Trainer
  • OFFICIAL LINKS
    • Athlerse Website
    • Athlerse for Coaches & Athletes
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  1. Tokenomics

GYM Coin

PreviousTokenomics and ValuationNext$ATHL Token

Last updated 11 months ago

The GYM coin is a crucial element of the Athlerse ecosystem, providing users with a unique opportunity to earn rewards for their fitness activities. By offering a means of incentivizing and rewarding user behavior, GYM tokens help to ensure that users remain engaged and motivated in their fitness journeys.

Users can earn GYM coins by syncing their fitness activities data recorded in the Athlerse App, inviting friends to the app, and reaching their goals in community challenges. GYM tokens can be spent on various offers and services available in the rewards shop or donated to charitable causes.

One of the key advantages of the GYM coin is its ability to provide a tangible reward for fitness efforts. By earning GYM tokens through various actions within the app and using them to purchase rewards or participate in challenges, users are motivated to maintain a healthy and active lifestyle. This incentive-driven approach has been shown to be effective in encouraging individuals to remain committed to their fitness goals.

One of the most significant benefits of the GYM coin is the option to convert it to $ATHL. This adds an element of gamification and investment to the platform, as users can benefit from the long-term growth of the ecosystem. By providing users with an opportunity to participate in the success of Athlerse, the GYM coin becomes more than just an in-app currency – it becomes a valuable asset that can potentially appreciate in value over time.

Overall, the GYM coin plays a vital role in the Athlerse ecosystem, promoting user engagement and motivation through incentivization and tangible rewards. Its ability to be converted to $ATHL also adds an element of investment and gamification, making the platform more appealing to a broader audience and creating a win-win situation for everyone involved.. As Athlerse continues to grow and expand its offerings, the GYM coin will remain a crucial component of the platform's success.

How you can earn GYM:

  1. Tracking your sports activities and workouts with the use of fitness trackers

  2. Participating in community challenges

  3. Inviting friends and family to the app, participating in the referral system

  4. Watching in-app ads

  5. Winning more in the Fortune Wheel

  6. Receiving from the Athletes participating in their challenges and contests

How you can spend GYM:

  1. Buy promotions and coupons in the Rewards Shop

  2. Participate in prize draws and lotteries to win big prizes

  3. Once you become an NFT user and reach your fitness goals, you can change GYM to $ATHL.

GYM Coin is the in-game coin of Athlerse