DEFIT Token is a project launched by 360Sports, a dynamic, ambitious, and innovative FitTech startup launching game-changing technologies to revolutionize the fitness industry.
DEFIT Pitch Deck Litepaper 2.0
Digital Fitness (DEFIT) is a multi-chain cryptocurrency operating on the Ethereum and Polygon networks. DEFIT is on track to become the #1 cryptocurrency for the global sport and fitness community. DEFIT offers a secure, reliable, and credible alternative to traditional payment solutions for consumer health and fitness products and services, enabling gamification to reward its community for staying fit and healthy by completing challenges and receiving rewards by achieving its goals.
DEFIT Token is a project launched by 360Sports, a dynamic, ambitious, and innovative FitTech startup launching game-changing technologies to revolutionize the fitness industry.
A project launched in partnership with YFDAI Finance and incubated by Ferrum Network
Traditional digital fitness applications are always struggling to avoid data breaches. DEFIT will enhance data security as well as data accessibility.
Since fitness memberships are unfeasible for a good percentage of the population, $DEFIT will provide much cheaper access to real-life and on-demand fitness resources.
Over 4 billion users worldwide have access to the internet, and only half have access to bank accounts. $DEFIT will offer an alternative to fiat currencies and enhance digital payments.
Users will be able to access their data, trainers, and classes directly without dealing with intermediaries. Through the integration of smart contracts, the fitness industry will seamlessly function with a direct client-to-coaches method.
Fitness and Health industries will provide retailers and buyers affordable management systems and facilitation of transactions. DEFIT can provide enhanced financial security, fast transactions, and a chance of online trading for third-world countries.
$DEFIT can enable fitness applications to utilize game theory for customer involvement and rewards of objectives. NFTs will allow fitness enthusiasts and trainers to make transactions directly. Not to mention, the metadata of the $DEFIT token & integrated NFTs are immutable and cannot be erased.
Building the Next Generation of Digital Wellness. A community-first marketplace for health and fitness professionals with DEFIT at the heart of its ecosystem.
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DEFIT is an ERC20 Token launched on April 7th 2021. ERC-20 is similar, in some respects, to Bitcoin. ERC-20 tokens are blockchain-based assets that have real world value and can be sent and received. The primary difference is that instead of running on their own blockchain, ERC-20 tokens are issued on the Ethereum network.
DEFIT stands for Decentralized Fitness. It aims to empower the global fitness community by providing them their own secured, reliable, fast payment alternative to traditional currencies to proceed transactions. Dodging all complications related to multi-currency portfolio management and avoiding traditional bank and store fees for their digital goods and physical services offering. Enabling gamification, enhancing user privacy and building user loyalty through staking and exclusive benefits.
$DEFIT can be purchased on Uniswap, Safeswap, and Bilaxy. Many more exchanges coming in the near future!
YFDAI has made sure that DEFIT — and each project that launches through Launchpad — has an audited smart contract. This requirement is in place to increase trust and transparency, and to honor the YFDAI ethos. The DEFIT smart contract successfully passed the audit done by Blockchain Consilium. Moreover, all of the DEFIT team members have successfully gone through KYC, which is another YFDAI requirement for a project to launch on Launchpad.
The DEFIT plans to implement NFTs as a core value of 360Wellness (parent company) and other digital fitness applications. There are many benefits of integrating NFTs into digital fitness projects with $DEFIT as the main proprietor of the world’s first cryptocurrency.
The long term benefit of DEFIT enables you to earn your wealth through rewards without impairing your personal life and / or health.
