Thursday, March 19, 2015

This App Pays You in Bitcoin Based on the Intensity of Your Workout

If the 21st-century tabloid celebrity has taught us anything, it’s that having a hot body can pay off. Now, a tech studio has interpreted that modern-day lesson quite literally, in the form of an app that rewards you with Bitcoin, based on how hard you work on the treadmill. The technology, cleverly named Fitcoin, is the creation of Chaotic Moon Studios, an Austin-based design company that’s known for pulling stunts during the city’s annual South by Southwest festival ... When you sync your band to the Fitcoin app and start your workout, it’ll automatically begin recording the length of your activity and the level of your heart rate. The algorithm within the app then triangulates those stats to determine how much energy you’re expending, and ultimately, how much that’s worth in Bitcoin. more

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