The FIT Token app will be a key tool for every Fitness & Sport Center to perform their daily tasks. Fit tokens will be an advanced application for the Fitness & Sport Center Management System that will utilize the Blockchain network. We strongly believe that blockchain technology has tremendous potential to help speed up Online Membership Subscription to the Sports and Entertainment Center.
Fitness culture Fitness culture is a sociocultural phenomenon which refers to the culture surrounding physical exercises. It is usually associated with gym culture, as doing physical exercises in locations such as gymnasiums, wellness centres and health clubs is a popular activity. An international survey found that more than 27% of world total adult population attends fitness centres, and that 61% of regular exercisers are currently doing “gym-type” activities.
What is FIT token?
FIT – the first decentralized platform for fitness and sport, is built on the Ethereal network. The COCOK Token is designed to destroy the fitness and sports industry by developing an intelligent and innovative concept that is appropriate for everyday people in Blockchain.
Why invest in FIT tokens?
a decentralized FIT token becomes a distributed platform and uses existing block-chain applications. Because the owner of the FIT token does not have to worry about the confidentiality of digital assets, all user data is stored in a block chain.
No Transaction Fees.
Transactions involving third parties, such as banks and exchange, can be costly and time consuming. Fit Token, on the other hand, is based on a distributed blocked chain technology that lets users run FIT Tokens client servers and keep connected to other nodes. Thus, users can participate in the network and participate in transaction approval. In short, each transaction does not care about its value, and the transaction is approved after the full participation of each user connected to the network. Thus, the total transaction costs are common, and the number of users with individual prices one by one.
INITIAL COIN OFFERING(ICO)
FIT Tokens would be launching its own ICO (Initial Coin Offering) on 24th November 2017. The ICO period will continue until 24 January 2018 after which token sale will be locked. Locking the token sale would ensure FIT Tokens may not be devalued due to inflation. Our ICO is a fundraising campaign which is based on Ethereum Smart Contracts. To participate in our ICO you must have crypto currency coins, which you will use to buy our tokens.
Here is a brief overview of the ICO Parameters:
The total inventory of tokens will be limited to 400,000 FIT
The amount to be withdrawn
– Minimum: 3500 ETH
– Expected: 45,000 ETH
– Maximum: 300,000 ETH
FIT Token – Sale of tokens sold before ICO
Our initial ICO will begin on October 30, 2017 and will last approximately 4 weeks to 30 November 2017. In ICO’s initial sales, we will sell about 10% of the total 12,500,000 tokens at a price of US $ 0.10 per COCOK
- 200,000 FIT or 50% of the total will be sold to participants crowdsale. This includes tokens that are available during pre-sales and major sales.
- 75,000,000 FIT or 20% of the total will be issued to develop the Platform and provide incentives to key stakeholders, promote the Platform and reward the initial adapter. Subject to lock down periods.
- 75,000,000 FIT or 20% of the total will be used Marketing, Advisors and Owners
- 50,000 000 FIT or 10% allocated for Rewards for platform users.
Wallet for contributions: BTC, ET, DASH, ZCASH, WAVES
Pre-sales: 10% = 12 500 000 pre-sale tokens at $ 0.10
Capitalized initial public sale:
Stage 1: 25 000000 FIT Token @ $ 0.20 per token (0.00075 ETH)
Stage 2: 25 000000 FIT Token @ $ 0.25 per token (0.00095 ETH)
Stage 3: 25.000 000 FIT Token @ $ 0.30 per token (0.001 ETH)
Stage 4: 25,000 000 FIT Token @ $ 0.35 per token (0.0013 ETH)
Stage 5: 42 500 000 FIT Token @ $ 0.40 per token (0.0015 ETH)
Stage 6: 42 500 000 FIT Token @ $ 0.50 per token (0.0019 ETH)
Bounty: Prize will be launched to refer and sell FIT Token. 20% will be added to bounty participation. Minimum FIT token to be purchased at Pre-sale: 3000 FIT
All early adopters who buy tokens will receive 20% bonuses from a number of privately purchased tokens, and will be delivered to their FIT Platform when it becomes functional.