BEAT

Maniecool

BEAT is a platform that promotes sports activities on the blockchain. More specifically, sports enthusiasts can earn tokens by doing sports exercises that can be tracked through devices or software. The recorded data will then be posted to the blockchain. This data owner may disclose or hide such data.

The public and verifiable data will be easier to get funding. The sponsorship award may be a BEAT token placed on a blockchain based on a smart contract or may be made outside if the sponsor and the data owner agree.

In addition, instead of using computer resources to mine, BEAT will be exploited by individuals who perform a variety of sports activities, monitored by certified technology. This helps to connect both the community and trusted third parties together, creating a sustainable BEAT ecosystem.

Who we are

We are a network of companies, with one common goal: to embrace all sport participants and providers, and encourage people from all over the world to do more sports.

We all know that increasing the amount of physical activity is good for us. Not only do sports and physical activities stimulate and sustain our health, sports also enhance our performance skills and increase our well-being. However, too few of us practice sports and exercise regularly and consistently.

The Masterplan

Unlock the hidden value of your health and fitness data with the BEAT blockchain – one heartbeat at a time.

Imagine an incorruptible safeguard for your health and fitness data that seamlessly connects you with all the institutions, companies and people that can help leverage it. BEAT is exactly this: a state-of-the-art blockchain platform that safekeeps your data and allows you to share it with sports sponsors, talent scouts, doctors, insurance companies and many more to unlock the vast potential hidden in your health and fitness data – one heartbeat at a time.

The solution for the biggest problem in sports today: lack of motivation to stay on it. You will be rewarded with BEATs for your sports activities. Instead of letting computers mine new tokens, BEATs are earned by measured sportive activities

Real-world use cases finally create mainstream adoption. Earned by and traded by millions doing sports, BEATs will have a real world monetary value from the get-go. You can use BEATs to pay for goods and services inside a very attractive ecosystem

All decentralized sports ecosystems connected by using the BEAT network – an open source blockchain network to reward and track all sports activities.

What is a BEAT Token?

Token BEAT is the sole digital asset of the BEAT platform . BEAT builds on Ethereum, so the BEAT token is an ERC-20 token, which can be stored on ETH support wallets.

BEAT Token is used to:

Rewards for sports activities are tracked and recorded through third-party technology.

Payment for services or products included in the BEAT ecosystem.

Investing & trading through crypto trading platform in the world.

Action Mechanism

Bridge to Ecosystem BEAT

Anyone can become a member of the BEAT community . Here, people can exercise, send data to BEAT Blockchain and receive reward through electronic wallet BEAT provided. The franchisor uses this wallet for things like sending / receiving tokens, receiving and approving sponsorship contracts, deciding what activities and health data to access.

The BEAT platform without the usual mining mechanism uses computer resources to dig new tokens. The BEAT Token is created by tracking sports activities in the ecosystem, then dividing it by those who have performed these activities in accordance with the scale specified in the algorithm.

In order to record data from practitioners and post them to the blockchain, BEAT needs to link with trusted third parties. These third parties need to be able to provide the infrastructure to capture and validate sports activities. Then, send the data including time and intensity to the BEAT blockchain, and must reliably link these activities to the practitioner’s wallet.

Donors recognize the impressive public performance data that can fund the practitioner. Sponsors may be any person or entity who is able to provide funding to the trainee for a variety of purposes. Sponsors can be: sports equipment suppliers, government agencies that want to promote the development of athletes, individuals who want to motivate people.

Token Sale Information

Sale 13/03 – 15/05/2018

1 Token sold at 0.011 EUR

Price increase for 1 Token +0.001 EUR per week

Final price for 1 Token 0.019 EUR

Tokens created 5,000,000,000

Tokens for Sale 3,500,000,000

Unsold Tokens will be burned after the end of the Token

Referral information:

0.5 BEATs per signup of friends (capped at 500 BEATs)

0.1 BEATs per signup of friends of friends (capped at 500 BEATs)

4% share of purchased BEATs from friends (uncapped)

1% share of purchased BEATs from friends of friends (uncapped)

Key information

The BEAT token Pre-Sale runs from January 23rd, 2018 to February 20th, 2018
The BEAT token Sale runs later on from February 20th, 2018 to May 15th, 2018
BEAT Token: Ethereum ERC-20 – capped at 5,000,000,000 Tokens
70% of all available BEATs are allocated to the token sale – unsold tokens from this allocation will be burned
Participate with Ether more options including fiat will be added in future phases
No Minimum Contribution – feel free to contribute 1 Wei
Exceptional Team: 140 employees, 40 developers, experienced management team and professional advisors
Trading: expected to be traded on multiple exchanges
Initial Token Price: 1 BEAT = 0.01 EUR. This price will increase every week by 0.001 EUR
Referral Program: multi level referral program. 15% bonus direct referrals, additional 5% bonus for referrals by your direct referrals.
Bounty Program: available on https://bitcointalk.org/index.php?topic=2851849.0
Product: already several hundred man-years invested in research & development, dominant market-leader in Germany, ready to scale worldwide.

RoadMap

2014: Start of development of Magicline 2.0 – the leading cloud software for managing the day-to-day operations of sports, fitness and health providers

2015-16: Development of the ecosystem to digitize sport facility management; Incorporation of Eurofit24 GmbH to provide financial services currently managing volume of 50 million Euro of receivables per year. Incorporation of Bedarf.de GmbH and MySports GmbH to provide a role model for e-commerce Start of the development of the app “NoExcuse” by MySports Magicline 2.0 has been developed with 140 person team working on it Founded Eurofit24 GmbH to provide financial services, currently managing a receivable volume of 50 million euros per year

2017: Magicline 2.0 is released; 3,000 customers are migrated to Magicline 2.0 which becomes a full success Release of the first version of the NoExcuse app, being part of the customer interface for people to interact with their sports providers, as e.g. fitness studios

2018: BEAT Token Sale launches and publication of an enhanced version of NoExcuse

2019: Roll-out of the BEAT Ecosystem in Germany

2020: Roll-out of the BEAT Ecosystem to the world

Team