Move 2 Earn

Kibho is a Web3 app designed with a sustainable move-to-earn economy that rewards users for hitting their exercise milestones. Whether it’s walking, running, swimming, surfing, or something else, anyone can earn token-based rewards for their efforts and on any physical activity!

What problems does Kibho solve?

Fitness isn’t just a hobby for many people. It’s a way of life. After all, studies have shown that those that keep active typically live happier, longer, and healthier lives.

Since exercise leads to a burst of dopamine and serotonin release in the brain, those that engage in regular physical activity tend to experience improved mood which carriers over into practically all other aspects of life — boosting motivation, focus, alertness and more.

It is a shame then, that a huge number of people worldwide are too sedentary. According to the CDC, about 1 in 4 adults in the US do not get enough exercise, while a recent study by the World Health Organisation (WHO) found that up to 80% of adults in the European Union do not get enough exercise. In total, the WHO estimates that at least 1.4 billion adults worldwide are too inactive — a major contributor to the physical and mental health crises faced in many countries.

Kibho , a new blockchain-powered ecosystem, will tackle this problem at its core by providing an incentivised fitness tracking solution. With Kibho, practically anybody will be able to begin earning rewards for completing fitness related challenges, engaging with the partner ecosystem, and participating in unique boost zones and local challenges.

Unique features

To help distinguish itself from the competition and provide the most functional, sustainable platform for fitness, Kibho boasts a wide variety of features and attributes — including:

• Multiple activities: Kibho powerful tracking technology allows a wide variety of different exercises to be tracked accurately. This includes walking, running, swimming, surfing, cross-fit, and more. This ensures anybody can begin earning rewards for their effort irrespective of their chosen activity.

• Boost zones: Kibho believes that the future of fitness is social. For this reason, it will host a variety of boost zones — which are localised zones where users can exercise to earn boosted rewards. These will provide endless opportunities for interactions with like-minded people while helping to coordinate local events.

• Free to start: In order to make getting fit as accessible as possible, Kibhowill feature multiple free-to-start entry paths. This will include a powerful trust-less lending system, which allows NFT holders to lease their NFTs to other users in return for a fraction of the rewards it generates. Moreover, institutions, businesses, groups, gyms, and more will be able to create organisation accounts which can hold multiple NFTs and split access to their earnings potential over a number of sub-accounts — each of which is onboarded on a simplified entry portal with no upfront costs.

• Local challenges: Kibho understands the importance of not only staying motivated as well as the benefits of personal milestones and social options. This is why it will feature a variety of both generic and personalised local challenges, helping users gradually progress, earn additional rewards, and engage with the broader Kibho community.

• Burn to earn: In a later iteration of the app, Kibho will introduce burn to earn functionality, which will leverage calorie tracking to increase the range of activities it can offer rewards for while unlocking several new token utilities and features (more on this in a later update).

• Leaderboards: Humans, are by nature, competitive creatures. With this in mind, Kibho will feature local and worldwide leaderboards, allowing users to push themselves to their limits and pit themselves against others if they choose. Given the scope and visibility of the Kibho platform, the leaderboard will also serve as a spotlight for top performers — unlocking a huge amount of exposure and potential sponsorship opportunities.

• Deflationary tokenomics: In order to balance long term sustainability with fair rewards, Kibhowill make use of a variety of burn and lock mechanisms, as well as gradually expending utility for the Kibho token. This, combined with a controlled NFT supply will ensure that Kibho remains a rewarding fitness hub that users can come to rely on.

• Tiny initial mcap: As part of its goal to remain as accessible as possible, Kibho will launch with an initial market capitalisation of just $55,000. This will give secondary market participants an opportunity to acquire Kibho tokens are the lowest possible price before it moves toward its fair valuation.