Here Is Why You Should Purchase Beat Tokens Now

BEAT
BEAT Token
Published in
4 min readJul 4, 2018

BEAT allows data creators and consumers to share their fitness data in exchange for tokens. For example, a company could reward its employees for going to the gym with discounted memberships with BEAT tokens. Generated by the Ethereum Smart Contract ERC-20, the Beat Token has no minimum contribution, accepts BTC, ETH and SEPA as ways of purchase and will be listed on main exchanges upon the conclusion of the main sale. Then, all the unsold tokens will be burned. You can find more about on the BEAT Whitepaper.

The end of the BEAT Token sale is just around the corner, the 15th of July. We’ve received over €20,000,000 in private equity funding. Our parent company, Magicline, commands more than 40% of the German B2B gym software market. So, if you still haven’t bought your tokens (or want to buy even more), here are some reasons not to miss out on the best sports and fitness token sale of 2018:

1) Substantial User Benefits When Investing in a Falling Market

It sounds almost contradictory but when the crypto marketing is falling it is actually the best time for an investor to buy. In the case of BEAT, if only 10% of the allocation is realized that creates a climate that every cent a user contributes basically turns to gold when the project comes into fruition. When 90% of the tokens are burned every investor will become a major player in the BEAT Blockchain and ecosystem. Allowing them substantial opportunities for profit if they chose to sell the tokens back to the open market. Take these simple principles of Token Economics coupled with the reliability of an already established company like MySports GmbH and Token Users chances for profit could be astronomical.

2) Growth of the Healthcare and Sports Industry

The health and sports industry has been growing exponentially over the last several years. According to ​Deloitte’s European Health & Fitness Market Report 2018, Europe is the largest fitness market in the world with a total market volume of about EUR 26.6 billion. In terms of revenue, the European health and fitness market grew by 1.9% in 2017. With the current market trends it can be deduced that an investment in BEAT should provide good future returns.

3) You Get Paid for Working Out

BEAT uses blockchain technology to allow you earn tokens by selling your data to health and fitness research companies.

4) Unique position

BEAT is an established company. The founders have been in business for over 30 years and have handpicked a team of more than 140 employees.

5) BEAT is Growing in Demand

The BEAT ecosystem is designed in a way to create DEMAND for BEAT tokens. Anyone who wants to access data on the BEAT Blockchain will need to do so using BEAT tokens. Furthermore, the demand for BEAT token is expected to rise. Partners, like fitness apps or sports tracking accessories, will allow their users to publish the health and fitness data they generate using their services on the BEAT Blockchain. In turn, the users can then chose to sell their data to data consumers or store all the data from all their apps and accessories in one place, the BEAT Blockchain.

As the ecosystem grows more partners will join. The utility of the BEAT Blockchain and its token, in combination with possible memberships on the BEAT foundation, will increase participation, even for competitors. Because of these factors the demand for BEAT token is expected to rise.

6) Be part of a substantial market share

Due to the multitude of applications and possibilities for users, ranging from individuals to institutions, BEAT could be a ubiquitous token in the workplace, schools, and amongst friends. As an early adopter of BEAT, you are presented with a once in a lifetime opportunity to be involved with a project of this magnitude at the ground level. Considering the recent growth in both the sports and fitness industry, health market and token economies it is the perfect time to take part in the BEAT token sale.

7) Transparency is key

The BEAT ecosystem is developed by ​Magicline GmbH​, a subsidiary company of MySports GmbH, together with the ​NoExcuse App​, a training app that will be employed as BEAT’s first of many app partnerships. BEAT’s Loyalty Group also includes ​Bedarf.de​, which will soon be expanded to offer purchase options from not only the current B2B users but to B2C users as well. All of these companies are building the ecosystem together as a part of the Loyalty Group.

8) Beat Is the Market Leader for B2B Sports Software in Germany

BEAT has won the ​Bodylife Award on 2017 for the best gym management software in Germany. BEAT is the recognized market leader and the fastest growing company in the field.

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BEAT
BEAT Token

DISRUPTING THE HEALTH AND SPORTS INDUSTRY - Unleash the value of verified health and sports data using cutting edge blockchain technology. beat.org