In terms of monetization, Fitness Ventures is a Software as a Service (SaaS) subscription to established businesses in the sports, fitness, health, and active lifestyle industries.
Such businesses would pay a monthly licensing fee to integrate Fitness Ventures into their apps and websites. Fitness Ventures would also collect a small royalty fee for each membership minted or sold.
This project was quickly prototyped within 3-days and was built around a business plan.
Fitness Ventures enables NFT-based Memberships, Fitness Tracking, Sports Competitions, and Event Scheduling. Our target market is the sports, fitness, and active lifestyle industries.
In partnership with Builder’s DAO, memberships will be Programmable, Utility NFTs. These NFTs will also read and display electronic data from:
NB: The UI/UX is not finalized and will be fully revamped.
Builder’s DAO & Code Sport Labs
Fitness Ventures is part of a portfolio of programmable and utility NFT projects that the Code Sport and Builder’s DAO teams are spinning out. These projects are multichain dApps which explore novel, but real-world use cases of NFTs.
Companies, entrepreneurs as well as sports and fitness enthusiasts to launch sports teams and fitness groups organized as ERC-721 (NFT-based) DAOs
Read/Write and Admin Functions: Team administrators may update membership fee, team size, etc. Everyone else may read Team’s metadata and global state variables
NFT-based Membership: Fee-based sign-up of new members to an existing club by means of an NFT minter
NFTs and JSON metadata are pinned to IPFS via Pinata
Individuals can register and join virtual and real life fitness, workout, and sports teams by purchasing memberships minted as NFTs
We’ll be happy to give the community access to help test and provide feedback on the UI/UX.
We have an Ivy League MBA grad on our team who started several companies. We also consulted with someone who was a consultant at McKinsey and Company in Europe. They gave feedback on an optimal go-to-market strategy to maximize long-term success.
Come to think of it, maybe we should reach out to SalesForce.com after a live prototype is up.
I think it might also be cool to integrate Multi NFTs. I saw some projects in The Hackathon have NFTs that can change when events or things happen as well as NFTs that show off certification or events you have participated in.
Whenever I am working out it feels like my body changes so it would also be cool to see your NFT also progress somehow.
Also, if I am joining a group I might want to see the certification of whoever is leading it or such.
I think the visibility options make sense depending on how the user wants to set it and can easily change it. I would add possibly a message saying the platform’s recommendation for public though so that others can help/push along the journey.
I’m not sure, can you share some examples?
Running, Gym weights
I don’t use this but I am not a hardcore runner. Casual runner.
1. Here’s the data that can be gathered by fitBit: Web API
2. and 3. I hear you! Most people are casual fitness types.
4. Looking for a way to programmatically capture fitness data. Perhaps giving users the option to manually enter progress would be beneficial too.
For example, FitBit won’t know if you did 100 or 25 reps. But, it will know if your heartrate
went up during that exercise and how long it was elevated
I’ve been reading up on your devpost submission! Being into sports myself, I can definitely see how this project could come in handy Keep up the good work!