Sweatcoin — Moveco
We all know how Sweatco.in topped the iTunes charts lately. The revolutionary app is designed to track and verify your outdoor steps with the help of the phone’s accelerometers as well as GPS location. The app converts these steps into the digital currency called Sweatcoins. With a similar thought but a different way of execution, Moveco is designed to reward you for your miles with MOV tokens. These tokens can then be redeemed in a variety of ways eg. discount on petrol or your next starbucks drink. The car data shared anonymously is then used by leading car manufacturers to build safer cars of the future.
Why Should it Matter?
You might be thinking, “Okay so this is a cool idea. But why should I care?” The answer to this question lies in how the future of mobility depends on car generated data & the support of consumers.
Here are some of the reasons why Moveco should matter to you:
Increase in Cost of Owning a Car. Car ownership, no matter which country you live in, is getting more expensive as we speak. People are constantly looking for news ways to cut down on these costs. Using Moveco means you earn while you drive, offsetting some of the cost of car ownership.
· Need for More Data. Car manufacturers rely on data generated by cars to help build safer and more reliable autonomous vehicles of the future. While this is a step for the welfare and growth of our societies, it is also a great way for consumers to understand your car’s performance & reliability. Get more information about the status of your car to prevent being ripped off at mechanics.
· Rewarding Users for Shared Data. Moveco is designed to reward users for sharing their anonymized data. There has been quite a number of high profile stories on consumers data being used inappropriately, the latest being Facebook’s data privacy scandal. At Moveco — we believe in consent, anonymity & most importantly that consumers should play a role in the monetization of their own data.
The alpha version of Moveco app is expected to go live very soon we have opened up our pre-registration list. Sign up on Moveco.io , join our telegram and refer a friend to get 10 Mov tokens!
