Game Modes
The Fitcoin app will have 3 different game modes. The first version will only reward and track steps but future iterations should include rewards for running, dieting, working out and more.
Daily Step Goal
Earn $FIT every day by completing the daily step goal set by the app. We will also have streaks where you earn even more $FIT for hitting the goal multiple days in a row. Users who are unable to complete the daily tasks will still earn a small amount of $FIT for their attempt, but any streaks will be reset.
Challenges
Everyone loves a little competition. In Challenge mode, you can challenge your friends to a step-off. You can choose either a "first-to challenge" where the first user to reach the specified number of steps wins or you can create a "timed challenge" where the person who has taken the most steps by the contest end date is the winner. You can even wager $FIT on the challenge! Just choose how much $FIT you want to wager and then send the challenge to your friend. The total $FIT wagered by all participants are put into a prize pool (less a small initiation fee) and held in escrow until the end of the competition.
Tournaments
Fitcoin will host regular tournaments for all users of the app. A variety of tournament formats will exist including, monthly active streak challenges, weekly competitions, or elimination tournaments. At the end of the tournament, the rewards will be distributed based on the payout structure specified at the beginning of the tournament. Payouts may be structured as winner-take-all or a performance-based ranking. Tournaments are a great way to allow all users at once to compete against our ambassadors in a step-off!
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