What Is GYM LGR?

Based on the EOS blockchain, Gym ledger is a sports band developed to support GYM Rewards Mobile APP that is capable of mining different tokens through a heart rate monitor and POE (proof of exercise) while providing a hardware wallet that has improved functionalities.

The main purpose of Gym Ledger is to motivate people to exercise and become healthy through the currency that will be used to compensate users who are taking care of themselves daily.

The platform seeks to eliminate the monopoly that big mining firms have in the cryptocurrency industry by introducing the world’s first cryptocurrency that can be mined with our bodies. Therefore, the determining factor as to who has the most cryptocurrencies will not be has the most money but instead it will be who puts in a lot of effort and exercises more.

Once the user installs the Gym Rewards App on their phone, they will be required to create their own private and secured GYM Rewards account on the Gym Ledger online portal after which they can begin using the application.

When the user starts the application, it connects to the user’s Bluetooth heart rate monitor or the user’s Gym Ledger band that will serve the purpose of a token miner. For instance, the heart rate monitor will monitor the heart rate of the user and submit it to the Gym Ledger app, which will determine the amount of proof of exercise to be recorded.

After the exact block figure is determined, the user is paid for the work they have contributed. The users will also have the opportunity to determine which mining pool they will be part of through the mobile app. The app will utilize Proof of Work (POW) algorithm to create and distribute the gym rewards.

Users will also be able to track all their exercising efforts within the app whereby they can also monitor their exercising activities and determine how profitable each activity has been. Additionally, users can adjust their routines in order to mine more, which will result in more profits. The GYM Ledger will also be integrated with a hardware wallet where users can store their crypto assets or the mined cryptocurrencies.

The GYM Reward’s Token are different from other tokens in the market since they are supported by an existing mobile application that makes it possible for users to mine the GYM rewards token via exercising. Therefore, the more user exercises the more the tokens they will be able to mine.

The GYM Reward’s Tokens are based on the EOS blockchain to transfer and withdraw their mined tokens at no additional costs, which means that the user will get the full amount of what they mined.

Currently, the GYM LGR Hardware Wallet supports Tron, Ethereum, Bitcoin, and EOS wallets along with their token. However, more wallets will be added in the future updates.

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