Future of the Cryptofitnessclub

Cryptofitnessclub
3 min readMar 15, 2018

There is a dynamic shift in the fitness world from a brick and motor model to a more personalized live interaction where professional trainers can help people on the go. Fitnessclubs all over the world are trying to adapt to the new trend but there is no uniform standard or transparency in the industry. Clients on one hand want a more personalized training based on their needs. Trainers on the other hand want to reach out more, guide people and train them based on their needs to give best results.

The current fitness business model, having to join a club and committing to a contract don’t satisfy the members anymore. Members have to depend on what is available rather than getting what they want. Online fitness industry increases the scope of both the clients and the trainers. According to the 2015 report by the International Health, Racquet & Sportsclub Association (IHRSA), total fitness industry revenue was an estimated $83.1 billion in 2016, up from $81 billion in 2015. If it continues on this trajectory then it should reach $85.2 billion in 2017 and $87.5 billion in 2018. Despite this huge market size of fitness industry “online fitness industry revenue is estimated to be only 74 million which constitutes only 1% of the total fitness industry business”. Cryptofitnessclub ventures into the online fitness industry to capitalize this largely 99% untapped industry and aims to become the top leader in the online fitness business. Cryptofitnessclub gives a chance to the potential investors to invest in our business model by buying GYM Tokens, the native currency of our site. GYM Tokens has to be used for all the transactions on Cryptofitnessclub, this provides a continuous demand for our tokens driving it’s price steadily with a true utility. The features like ability to store virtual balances of GYM Tokens in the profiles of the users (while the real tokens are stored in the cold wallets eliminating the risk of a hack), instant transactions and no Tx fee encourages users to user our Tokens. The future of cryptofitnessclub and its utility tokens GYM is bright and guarantees the best investment of 2018.
The IHRSA report also states that Social media is the only well-adopted technology trend. The industry has yet to fully embrace technology as a means to enhance the member/client experience and improve productivity and efficiency. Technology opportunities such as online pricing transparency, online registration and reservations for programs, selling memberships online, virtual training and club mobile applications all have opportunity to gain significantly greater adoption with the industry. The lack of growth in online fitness industry can mainly be attributed to lack of uniformity in the pricing of online fitness industry, transparency and payment options. Cryptofitnessclub aims to resolve these issues by acting as a hub for users, clients, fitness professionals and fitnessclubs by bring transparency in the pricing provide online registrations, live one-on-one training sessions, virtual training and make payments more secure,convenient and fast by adopting blockchain technology. Lets build a healthier future together.

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