The Fitrova is a decentralized blockchain based payment system that intends to serve the industry concerning Health & Fitness.
|Description||The Fitrova is a decentralized blockchain based payment system that intends to serve the industry concerning Health & Fitness.|
|White Paper URL||https://www.fitrova.com/wp-content/uploads/Whitepaper.pdf|
|ICO Launch||2018/03/26 05:00|
|ICO Closing||2018/04/26 15:59|
|Token Platform||ETH (ERC20)|
|Funding Target||$71 Million|
|Funding Cap||$326 Million|
|Coins Offered||91% of the total token supply|
What is Fitrova?
The Fitrova is a decentralized blockchain based payment system that intends to serve the industry concerning Health & Fitness. It offers a concise system of payments using blockchain technology to ensure the accuracy of billing and membership records. The platform also helps interlinked health & fitness clubs to access the record of users flow as well as goals and feedback of every individual client on the network. The platform is powered by ERC20 tokens and uses ethereum network to offer trackable tokens via smart contracts keeping the element of privacy intact through a universal payment system.
The Fitrova is a blockchain based decentralized payment network that has revolutionized the health & fitness industry by introducing a transparent payment system to improve the efficiency, reliability, and protection of payments. The platform intends to bring a concise and clear payment system that can help its users to enjoy more benefits including speedy and low-cost transactions, increased reliability, access daily records of users detailing all activities to improve procedures related to health & care, secured date retention, and increased security to clients’ personal information.
How Does Fitrova?
The Fitrova (FRV) tokens enable users to access effortless payment system without incurring the expensive cost of transactions on the blockchain. With the help of Fitrova sustainable network, the distribution of clients’ important data and execution of fast transactions has been simplified. The platform enables health clubs to have more control over day to day data and fitness activities of users and to offer added benefits to the owners of fitness clubs all across the world via smart contracts. Clients’ confidential information including their DOB and complete address has been made a part of the platform’s blockchain that ensures the privacy factor remains secure. The platform also keeps a record of clients logging details and the time spent on different machines using accurate time stamps to evaluate the percentage of objective achieved so far.
Earn Fitrova Tokens
To earn Fitrova tokens investors need to contribute to the pre-sale and the crowd sale of the ICO. The public sale of the ICO is currently in progress, those who wish to earn Fitrova tokens can participate in it. However, the pre-sale of the ICO has now been concluded. People who couldn’t subscribe the ICO during its pre-sale phase and are unable to participate in the crowd sale of the ICO need not worry. They can still earn Firtrova tokens in exchange for other cryptocurrencies from supported exchanges all over the world.
Buy Fitrova Tokens With E-Wallets
People can buy Fitrova token using their e-wallets. Those who wish to buy Fitrova tokens need to send ethereum to the platform to receive Fitrova tokens in their e-wallets. Since the platform is based on ERC20 tokens and supports ethereum as its base currency, therefore, it is important for those who plan to buy Fitrova tokens to open an e-wallet account first even before they buy Fitrova tokens.
The ICO Distribution
The ICO crowd sale has already been started. The scheduled date of the token sale of the ICO was set as March 26th, 2018. The ICO plans to offer its tokens following four rounds. The ICO is expected to last for about a month. There will be a total token supply of 32,000,000,000 FRV tokens. The soft capping of the ICO is set as $71 Million whereas the hard capping of the ICO is defined as $326 Million. The starting price of the ICO is not known yet.
The ICO plans to distribute its tokens under following proportion;
- 91% tokens are planned to be distributed to the public during the pre-sale and crowd sale of the ICO
- 4% tokens are planned to be distributed to the team members of the ICO
- 5% tokens are planned to be distributed to the marketing department of the ICO
The ICO plans to allocate its funds under the following proportion;
- 16% funds are planned to be allocated for the development of the business
- 14% funds are planned to be allocated for the network maintenance by the ICO
- 11% funds are planned to be allocated to the team and partners of the ICO
- 33% funds are planned to be allocated to the research and development department of the ICO
- 26% funds are planned to be allocated to the marketing and acquisition department of the ICO
Like all other reputable ICOs Fitrova also offered a bonus of up to 30% to all those participants who contributed in the pre-sale phase of the ICO.
The ICO has following team members;
- Bryan Seiler is the Founder and CEO of the Company
- Sonya Harding is the Security Head at Fitrova
- Joseph Lampton is the Marketing Head at Fitrova
- David Powden is the Business Analyst at Fitrova
- Tyrone Campbell is the Developer of Smart Contracts
- Xin Lin Yin is the Lead in Technical & Innovations Department at Fitrova
- Elise Vanderburgh is responsible for Business Development at Fitrova
- Colin Martin is also responsible for Business Development at Fitrova
Invest In Fitrova
After a careful review of the ICO, we hereby conclude that Fitrova is one of the best ICOs we’ve reviewed so far. The objective of the ICO is clear, concise and workable. The fundraising campaign has been started as per the pre-defined schedule. The team members of the ICO seems to have sound experience in the health & care industry. Every bit of information is presented fairly enough. Therefore, we express our independent opinion in favor of the ICO declaring them a good opportunity and suggest people should invest in with full confidence. We believe the ICO will surely be a successful venture.