Revolutionizing The Health And Fitness Industry
Fitrova aims to revolutionize the health and fitness industry using the FRV token. Find out how it works today in our review.
What is Fitrova?
Fitrova aims to use blockchain technology to change the health and fitness world. Using the Fitrova (FRV) cryptocurrency, Fitrova will provide gyms with a concise payment solution.
The cryptocurrency plans to have additional features that allow gyms to maintain accurate billing and membership registries. There will also be a system that logs user flow, including complete tracking of user health and fitness program over time.
One of the unique features of Fitrova is the ability to not just track membership entries to the gym – but to also track user’s use of any gym equipment during each visit. Gym owners can use the Fitrova system to prevent abuse of the equipment.
How Does Fitrova Work?
The entire Fitrova ecosystem is built on Fitrova Implemented Blockchain Technology, or FIBT. This platform allows health and fitness clubs to gain more control over day-to-day practices. FITB helps gyms manage interactions through the use of smart contracts.
The Fitrova tokens themselves are not based on the Fitrova blockchain. Instead, they’re ERC20 tokens on the Ethereum blockchain. The tokens are designed to be a fast and inexpensive transaction vehicle. The coins are 100% reliable for tracking membership logs and timestamps or maintaining client records. All transaction data is recorded on the blockchain.
In addition to providing an easy payment mechanism, the Fitrova blockchain will provide tools for accurate billing, helping gyms maintain consistent records over time. There will also be enhanced customer management tools – including the ability to track a client’s health and fitness progress over time.
Features and Benefits of Fitrova
Fitrova is advertising all of the following features and benefits:
Fast, Inexpensive, and Reliable Payment Transfers:
The FRV token allows gyms to enjoy fast and cheap money transfers. It’s an ERC20 token that aims to deliver “lighting fast [sic]” transactions, according to the official website.
Fitrova has “Fitrova Implemented Blockchain Technology”, or FIBT, that allows health and fitness clubs to gain more control over day to day practices. This platform isn’t its own blockchain. Instead, it’s a decentralized app on the Ethereum blockchain. It includes smart contracts gym owners can use to manage gym activities.
Secure Client Privacy:
Client data like date of birth, address, and other personal details can be secured on the encrypted blockchain. Private customer data doesn’t need to be kept open for anyone to view.
Accurate Client Records:
An up-to-date record keeping system will help gyms maintain accurate client records over time.
Membership Logs and Timestamps:
Each visitor’s visit to the gym will be logged with an accurate timestamp recorded on the blockchain. That timestamp will include the exact date and time the user accessed the gym.
Amazingly, Fitrova also plans to track which pieces of equipment you use. This information will be recorded on the blockchain to prevent “equipment negligence.” If a gym machine breaks while someone is using it, then you can check the user’s record to see who broke it.
What Problems Does Fitrova FRV Seek to Solve?
Fitrova seeks to solve all of the following problems:
Breachable Client Privacy:
Gyms hold onto client information like date of birth, address, and other personal information.
Inconsistent Client Records and Billing:
Many gyms struggle to maintain updated membership information, billing information, and client records.
Membership Logs and Timestamps:
Some gyms cannot track each visitor’s visit. They must trust that visitors aren’t damaging equipment or abusing the gym in any way.
The Fitrova ICO Token Sale
FRV tokens will go on sale with an ICO on March 26, 2018. The company has set a softcap of $71 million and a hard cap of $326 million (!!) for its ICO. In any case, there’s a total supply of 32 billion (32,000,000,000) FRV tokens. FRVs are ERC20 tokens on the Ethereum blockchain.
Fitrova plans to sell 91% of the tokens to the public in 4 rounds, with 6 billion tokens sold in each round at a price of $0.006 to $0.008 USD per FRV (bonuses are available throughout the token sale). The remaining tokens will be sold during a pre-sale. Of the last 9% of the supply of tokens, 5% is going to marketing and 4% is going to the team.
Who’s Behind Fitrova?
Fitrova is led by Bryan Seiler (Founder and CEO). The company’s LinkedIn page shows that it was founded in 2017 in Brisbane, Queensland, Australia.
You can view Bryan’s LinkedIn page. Prior to founding Fitrova in 2017, Bryan worked as a Business Solutions Manager at Optus in Adelaide, an Area Sales Manager at the Commander Centre in Adelaide, a State Sales Manager at Nexgen Australia, and the Regional Manager, Asia Pacific for CyberHound Pty Ltd. In February 2017, he founded Twilx Web Solutions and continues to serve as Director of that company.
Fitrova has already partnered with Anytime Fitness, Fitness First, Planet Fitness, World Gym, Snap Fitness 24/7, and other major fitness clubs
Fitrova ICO Conclusion
Fitrova aims to revolutionize the health and fitness industry using blockchain technology. To learn more about how the platform plans to do that using its FIBT and the FRV token, visit online today at Fitrova.com.