Post
Topic
Board Announcements (Altcoins)
Re: [ANN]💥💥💥[ICO Whitelist - GYM Rewards]💥💥💥 - Get Paid for Exercising!!!
by
neuran
on 24/01/2018, 20:37:45 UTC
Nice concept but l want to know what's the benefits for token holders?

Hi Capone, The token holders will actually quarterly earning in relation to their Token Market share. This is how it works.

During ICO we have a max of 1,000,000,000 tokens available for sale and distribution. After the ICO, the left over tokens will be burned, This makes the amount of tokens sold and distributed the amount of tokens, (the new max token cap). Then there is GYM Coin, GYM will run in a new blockchain (Ethereum Fork) These new GYM coin will be premined in the equal amount of Tokens sold during the ICO and distributed on 1 : 1 to token holders. These leaves us with two main benefits.

1. Distribution of GYM Coins in the amount of 1 to 1 to token holders.
2. Quarterly distribution of the 3% of blockchain fees among token holders in the equal amount of their holding market share.

This are some benefits of the Token holder, however, the one I am most excited about is to allow people to mine with their bodies.