Decentralized Club Ama with FitBurn.
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On the 25th of August, 2022 at 2:00 pm UTC, Decentralized Club had the honor of hosting Alex from FitBurn for an Ask-Me-Anything session on their Telegram page with a community of over 60,000 people. It was hosted by KaptinBlack
The session was divided into three segments. Introductions were made in Segment 1, questions from the Twitter community were answered in Segment 2, and live questions from the community members in attendance were answered in Segment 3.
If you missed this event and would like to know what FitBurn is all about, you can find a recap of the interview here. Information here should be researched and should not be taken as investment or financial advice. Also note that slight edits have been made for clarity, and links in this recap lead to images, documents, or other media.
KaptinBlack
Hello everyone,
Sorry for the slight Delay,
Our AMA with Fitburn begins now!
Let’s welcome our special guest (who i hope is not pissed 😅😅) @CapitalCryptotrade
Hello there @CapitalCryptotrade,
Welcome to The decentralised club
Alex
haha im not pissed and hi guys ! glad to be here!
KaptinBlack
How are you today ??
Oh,
Thank Goodness 😅😅
Sorry for keeping you waiting,
How are you ?
Alex
im doing great and you? 😄
KaptinBlack
I’m very well thanks,
We’re excited to have you here!
Alex
Me too!
KaptinBlack
Okay,
Let’s get to it!
We got three segments to go,
Shall we ??
Alex
yes
KaptinBlack
Awesome!
Please reply with “Done” after answering each question to avoid being interrupted.
Got it ??
Alex
ok
“DONE”
KaptinBlack
Perfect!
And so it begins… 😃
SEGMENT 1
KaptinBlack
Q1. Can you start us off with brief description about Fitburn and its primary mission?
Alex
yes of course!
In today’s world a lot of people that are working out have a massive problem….
Beeing in shape comes at a cost, financially….membership fees,healthy nutrition , personal trainer…these things add fast up to a big part of your income and also the time that you spent in a gym is not getting rewarded in financial terms.
Fitburn is the first Fitness Application that will allow you to earn while you are going to Gym mostly anywhere in the World and to reward you for every minute of your workout!
Users of our Application only need to hold one of our NFT’s to be able to earn and in Partnership gyms the membership for the gym is already included!
Our primary vision is to disrupt the fitness industry and allow our users to earn CAL Tokens and to become part of our Eco System.
“DONE”
KaptinBlack
Awesome!
Loving this already!
Alex
❤️❤️❤️
KaptinBlack
Q2. Can you elaborate about the various rewarding mechanisms which rewards the users ??
Alex
Users of our application will be rewarded in CAL Tokens as just mentioned.
“Done”
KaptinBlack
Nice,
Talking about $CAL, how and where can we currently get it ?
Alex
right now we are still in a developement phase but CAL will be available once we launch in early Q1 on multiple Tier 1 exchanges that we are already talking to and loving our project!
“Done3
KaptinBlack
Great stuff!
KaptinBlack
Q4. What is the utility of the $CAL token can you share a brief rundown of it’s tokenomics ?
Alex
thats a good question! 🔥
The utility of our CAL Token is that the Token will allow you to become part of our movement and eco system ! Cal Tokens can be earned in every workout session
The Cal tokens that you earn can then be redeemed for discounts at fitness merch partners : like adidas, nike, puma to give you a few examples what kind of partners we are targeting! Also the token can be used for nutrition plans, workout plans, personal trainer sessions und many more things in the future.
Cal Tokens will also give you the possibility to decide in which direction Fitburn is moving through our Governance System.
“DONE”
KaptinBlack
Awesome!!
Last question from this segment…
Alex
ok bring it on 😂
KaptinBlack
Q5. Can you tell us what are your next major priorities in 2022?
Alex
haha we get that question a lot! 😂 😂 😂
KaptinBlack
Everyone wants to know what’s next 😃
Sure thing!
Alex
We will be releasing in the next 10 days our official and final website, whitepaper & litepaper after that we will be
releasing our MVP and going into the Beta Phase of our App, closing partnerships & more ambassadors
“DONE”
KaptinBlack
So you do have plans for Ambassadors,
Sounds great!
Alex
of course we have a few well known already but will announce them in due time 😉 😄
KaptinBlack
Would Definitely be on the look out for that announcement announcement 👀
Great stuff!!
That ends the first part of our AMA
Now moving to the second segment….
Alex
nice!
SEGMENT 2
KaptinBlack
Twitter Q1) From @Abayominathani2
Since you get paid for every calories burnt….Is there way I will be able to measure my earnings in respect to the calories burnt.
Alex
i like that one! ❤️
We will measure how much calories you have burned during a workout session with a fitness watch, you can use any kind of fitness (smart) watch that allows to track your heart beat. Based on that we can calculate how much calories you have actually burned.
We are also thinking about to release our own smart watch for that purpose but havent finalized yet if we are going to do it
“Done”
KaptinBlack
Preety impressive,
So it would be compatible with any kind of Smart watch ?
Alex
yes
KaptinBlack
Impressive!
Moving on…
Twitter Q2) From @Spectrum_px
I read that FitBurn has something unique to its users through the “3W PROCESS” (W1, W2 and W3). Can you explain to us in more detail about these “3W processes”? How does it function and how does it work on your platform? And what benefits will users get from these “3W processes”?
Alex
sure!
WIN 1
Win for our partners getting new members/customers From our nft-holders.
WIN 2
Win for the nft-holder by getting paid for his daily gym routine and covering his lifestyle cost.
WIN 3
Win for the investors to maximize
the profits of their investment due to the organic hype and demand created by the gym and the nft-holders
“Done”
KaptinBlack
Do you have a referral system in place for inviting new users ??
Or any form of incentives
Alex
no but we are also thinking about to integrate one , we are looking right now at different options
KaptinBlack
Okay great,
I think that alone is a great marketing strategy.
Alex
yes 100%
KaptinBlack
Maybe you should integrate one.
Okay then,
We look foward to more developments. 💪
You guys are doing awesome by the way!
Kudos to the team!! 💪💪
Alex
thank you!!!!
its a lot of work 😂
KaptinBlack
Exactly,
I can’t even begin to imagine 😅😅
Next question now…
Twitter Q3) From @Srsaru1
Can you tell us the reason why we should hold and lock the $CAL token? How do you increase the demand and value of the $CAL token in the market? What are the features of $CAL that make it last in the long run?
Alex
through the staking mechanism you will be able on a later stage to rent out your nfts to people that cant effort to buy immediately an NFT and get revenue sharing from the CAL Tokens that the renter earned during his session and also you will be able to unlock different features that we cant for now not talk about by holding and staking the CAL Token 🙂
the demand will rise through crypto & mainstream coverage as this is the first fitness application with real life usage and benefits
“Done”
KaptinBlack
Ahh!
Niceeeee
Really impressive
Twitter Q4) From @Priest328259
Going through your site you stated that fit-burn first burn-to-earn application.and we get paid for every drop of your sweat!.that’s truly awesome indeed!
But I’d like to know is there a limit to how much we can earn per day or its limitless?
Alex
yes! there’s a limit for multiple reasons!
it will depend on the rarity of your NFT , the amount of time that you can earn while you workout will range from 30–60 minutes but no stress if you dont have a high value nft, you will be also able to increase your minutes for leveling up your current NFT
“Done”
KaptinBlack
Workout for 60mins ??! 😅😅
I’ll definitely pass out 😆😆
Alex
haha
i do 45–90min
myself
30–40min workout with weights and 30min cardio
KaptinBlack
Damn!!
That’s alot!!!
Great!!
Last question from twitter dropping now…
Twitter Q5) From @Jamenson7px
Unlike the play2earn, Move2earn “Burn-to-earn” is quite different and new to us. Can you introduce this to us? How this method works actually? Moreover, Are your NFT t-shirt needed to this method? Please tell us about these NFT T-Shirt with their different rarities and functions?
Alex
the first part of the question was already answered so i skip this 😂
Yes you need to hold an NFT to actually earn its not possible without an NFT.
The rarities are uncommon, common, epic & legendary
and like i said depending on your nft you will have more or less minutes to earn during your workout , we will integrate more benefits for our nft holders on a later stage depending on your rarity
“done”
KaptinBlack
Great great!!
Thanks for all your well detailed answers
Alex
no problem!
KaptinBlack
Now we have the Last segment left
Please start answering the questions once I’ve muted the group!
Got it ? @CapitalCryptotrade
Alex
yes !
KaptinBlack
Great then!
SEGMENT 3
Q.1 Where i can get all the latest news about ? Do you have Twitter/Telegram/Discord community? If yes can you share the link here because there is a lot of fake telegram/twitter groups?
Alex
follow us on twitter and our telegram group for latest updates!
Q.2 My question is how does your app track the exercise i doo like i know most phones have a pedometer inbuilt in it and that calculates steps so how does it work especially for few users who don’t have a smart watch
https://twitter.com/spand_switzz/status/1562806504423854081?t=8_RF-DzIZUz20ZuaEICY2A&s=19
Alex
without a smart watch it wont be possible, via the smartwatch we will be able to avoid cheating as your heart rate which you cant fake and the app will also learn in which range your heart beat is going to while you are working out
Q.3Community support is one of the most aspects of a project’s success. Every projects have a programs that communication with their users. Does you have any special plans to attract and expand the community and improve the user experience?
Alex
yes we have ! one of them is for example to be close to our community through different events, i can tell you that 1 event is coming up really REALLY soon in Dubai in October 😉
Q.4On You platform, I see that Data that 205,000+ GYM have been Integrated with Your Platform,
I would like to know more about this?
Alex
so its not like that we are talking to 100 of 1000s of individual gyms, we are talking to parent gym companies which have 100s or 1000s of branches accross their country / multiple countries to partner up with them
Q.5 Hello, I would like to know, are you facing any challenges? How do you see yourself successfully in a bear market? Will your $CAL token be unique and will you achieve stability? What strategies do you have in mind for token value rise and token depletion?
Alex
the bearmarket is not effecting us as much as other projects in the future because we target mainly mainstream people that are working out in gyms.
Most of these people dont even know what a bearmarket is and will continue to use and earn via our application which will stablize the price of our token even during a bearmarket to a certain extent
KaptinBlack
Thank you once again for diving us deeper into Fitburn.
Now it’s time to wrap up!
Do you have any closing remarks ??
Alex
stay healthy! keep working out and dont forget to follow us on twitter and telegram and also me personally and the rest of team!
my twitter
YT
AMCrypto
was fun to be here guys!!!! ❤️
KaptinBlack
Awesome!
Best wishes to the team!!
To the moon !!!
🔥🔥🔥
Alex
thank you!!!
⏺ Fitburn Telegram ⤵️
https://t.me/fitburngroup
⏺ Fitburn Twitter ⤵️
https://mobile.twitter.com/exgo__io