In truth, we know our SHAPE token isn’t for most crypto enthusiasts. It is the people’s real & ultimate crypto, as we prefer to refer to it, because it can be mined in cloud by absolutely anyone who owns a phone and a smart watch.
inSHAPE.app is a new ecosystem, where everyone would be able to get tokens for workout. It could be running, jogging or walking, outside or inside or using a treadmill.
SHAPE tokens will be tradable and transferrable on the international exchanges. They will also be used to spend on Hotels & Travel, Tickets, Health & Fitness, Beauty & Spas, Personal Services and much, much more.
And yet… why inSHAPE.App and SHAPE Tokens?
You may be thinking that there are already lots of apps that track one’s physical activity. What’s the point with another one?
The answer couldn’t be simpler: no other app, except the inShAPE.app, offers you a reward for exercising and leading a healthy life.
They all just give you statistics, reports and possibly advice. Only we reward your physical effort and sweat with money!
We want you!
Currently our goal is, even in the Private sale stage, to attract private investors to support this project with amounts between $100 and $1,000, because we want it to remain the people’s cryptocurrency, one that gives equal opportunities to those who believe in this enterprise.
Only 300 million of SHAPE tokens will be mined for promotion purposes. Later on, only the miners will be able to mine further amounts.
How do SHAPE Tokens get their value?
Upon listing, the value of a SHAPE Token will be $0.10. We believe that this value will appreciate in a relatively short period of time due to our partners’ offers quality and to the marketing model chosen by us.
How could this happen?
Let’s talk about the structure of our partnerships first.
Our targeted partners are companies willing to encourage their customers’ healthy lifestyle. They are active in the area of quality goods and services in various fields of activity including: hotels & travel, health insurance, shopping from sporting goods to tech gadgets, online courses, quality clothing and footwear etc.
In the long term, we aim to work with local and central authorities in states that want to encourage healthier lives for their citizens.
Second, the way goods and services will marketed on the inSHAPE App marketplace will encourage users to hold their SHAPE tokens for future purchases. This way their value will go up.
The prices of products and services sold on the marketplace will be having 2 components: a quote in USD or the domestic currency and a quote in SHAPE Tokens.
How the algorithm works
To better understand how the algorithm works, let’s take an example.
Suppose that a product or service is worth $500 on the inSHAPE Partner’s website or in the Partner’s store. On the inSHAPE app platform, exclusively, the same product or service will sell as a limited offer (for a limited number of users) for $350 + 750 SHAPE.
People who exercise in order to collect the necessary 750 SHAPE tokens and thus benefit from the offer will not be willing to sell them or will only do so for an amount worth their effort.
On the other hand, crypto enthusiasts who don’t workout or do not want to “exercise that much” as to “produce” by themselves those 750 necessary SHAPE tokens, but still wanting to benefit from the offer, will try to buy them at the lowest possible price.
This will create the supply vs. demand war, much needed in the cryptocurrency market.
Last but not least, all amounts paid in SHAPE tokens on the inSHAPE App. marketplace will be burned to counter the inflation of these coins on the market.
If you’d like to learn even more, you can visit the following links: