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DanceFit

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News

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Pudgy Penguins NFT Trading Volume Increases

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The trading volume and sales of Pudgy Penguins NFTs have seen a significant increase over the past 24 hours.

Gustavo Mendoza

Ethereum ETF Products Experience Withdrawals Amid Market Turbulence

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Ethereum ETF products faced significant selling pressure with $189 million in withdrawals amid market turbulence.

Rajesh Kumar

Significant Bitcoin ETF Outflows Mark Shift in Market Sentiment

Significant Bitcoin ETF Outflows Mark Shift in Market Sentiment

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On September 17, Bitcoin ETF outflows reached $51 million, marking the first major withdrawal after seven consecutive days of inflows, driven by institutional investors repositioning their cryptocurrency holdings.

Miguel Rodriguez

What is DanceFit?

DanceFit is a social platform based on Web3 AI, where users can dance, create their own works, and watch other creators. The platform aims to provide users with the joy of dancing while also giving them a physical workout and the ability to share that joy with others.

To achieve this goal, DanceFit utilizes the latest AI technologies, allowing users to enjoy games without the need for additional equipment, no matter where they are in the world.

Contents:

DanceFit

Tokens $DDR and $DFIT

$DDR is a token used in the DanceFit application to enhance NFTs, restore energy, engage in live battles, rate videos, and purchase virtual characters, skins, and backgrounds.

$DFIT is the governance token of DanceFit used to enhance NFTs, acquire limited equipment, earn rewards for dance streams, and create dance video NFTs. $DFIT holders have the ability to determine profit distribution and possess project management rights.

Both tokens play an important role in the DanceFit ecosystem, providing users an enhanced experience and the ability to participate in various app functions.

The token distribution is as follows:

Group Token Distribution
Dance Fitness Community 38%
Team 22%
Private Investment Round 10%
Seed Investment Round 8%
Treasury 7%
Liquidity and Exchange 5%
Ambassadors 4%
Marketing 3%
Public Sale 3%

Development Plan

Below is the development plan for DanceFit in the coming years.

Third Quarter 2023:

  • Sale of NFT passes
  • Collaboration with dance studios and KOLs (Key Opinion Leaders)
  • Community building

Fourth Quarter 2023:

  • Sale of NFT clothing
  • Listing of DFIT and DDR
  • Launch of trading platform
  • Beta testing

First Quarter 2024:

  • Local partnerships
  • Onboarding more influencers
  • Community expansion
  • Development of AIGC (Artificial Intelligence Generated Choreography)

DanceFit is a unique platform that brings together dance, technology, and social interaction, providing users the opportunity to enjoy dancing, create and watch dance content no matter where they are.

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.