MovingOn Finance - a web3 mobile application that integrates the Move-To-Earn mechanism through activities: walking, running, cycling and driving.
About MovingOn Finance
MovingOn — a learning method for a healthy lifestyle, based on which users can earn corresponding profits. Users can own their favorite NFTs to go out and profit with MOVON tokens. MovingOn was created to contribute to the sporting spirit of everyone. MovingOn sets out a clear vision and mission, which is to stimulate the sporting spirit and keep users connected with each other.
In order to track your workout, a tracker, built into the application, has been developed, where the user must start and end classes manually. Uses GPS, motion sensor and gyroscope to track your activity data accurately.
After training, the following data is provided:
| 1. | Burned calories. |
| 2. | Distance. |
| 3. | Speed. |
| 4. | Time. |
| 5. | Income. |
| 6. | Heart rate. |
5% of every sale transaction on PancakeSwap will be converted into BNB to reward top players every week or every month. The more events you participate in, the more you earn and the higher your ranking. User actions, such as renting or buying/selling NFT shoes and vehicles, take place on the marketplace. The filtering and sorting function is available for maximum user convenience.
More about defi app
All transactions must use MOVON tokens. Charge 2.5% for each successful transaction and transfer to a staking address as a reward. All transactions, not officially traded on the marketplace, will be insecure. In addition to the Move-To-Earn mechanism, MovingOn Finance will implement the Staking product so that MOVON token holders can earn passive income. Staking is essential to maintain a secure and healthy network.
The distribution of staking rewards includes:
- 21% of the total will be distributed through staking after 25 months;
- 4% of each sale transaction on PancakeSwap - to the staking address as a reward;
- 2.5% of each transaction on the marketplace - to the staking address as a reward.
MovingOn Finance taxes every transaction, increasing the sales tax to 15%.