Runwago: SportFi revolution
Billion-dollar Market Cap Potential
Last updated
Billion-dollar Market Cap Potential
Last updated
Remember projects like Stepn and StepApp that hit billion-dollar market caps last bull run? While their models weren’t sustainable, they proved the huge demand for monetizing fitness goals.
Runwago builds on their successes, creating a simpler, 100% sustainable concept where everyone can participate and earn — now and for years to come. Ready for Tier 1 CEXs and millions of runners, this is your chance to join at the start of something big!
Runwago is designed to be the most user-friendly Run-to-Earn app. No NFTs. No games. Throughout our development process, we have placed a strong emphasis and efforts on user experience to ensure that everyone can effortlessly use Runwago to monetize their running challenges.
Runwago is a fitness app offering users to monetize their running activity by completing their selected running monthly plans. Users put/lock a deposit into the app (into the Runwago Deposit Pool), which serves as an allocation for their potential rewards paid at the end of a selected 4-week challenge from the Runwago Reward Pool. At the end of each challenge, deposits of users who completed their running goals are unlocked for 100% withdrawal. Deposits of users who have not completed their running goals are locked in the Ranwago Deposit Pool and transferred into the Runwago Reward Pool, which is immediately redistributed to users who completed their running challenge goals, according to their Runwago Deposit Pool allocation in a particular challenge.
Runwago utilize advanced security tools, GPS, and data analysis to prevent any attempts to fake running activity. To ensure complete transparency and security for users, all deposits and rewards are managed through the Runwago Smart Contract, audited by Hacken. Transactions are processed via blockchain, allowing everyone to verify that deposits are exactly where they should be—safe and secure.
The public community will gain access to the app in TestFlight mode by the end of Q4 2024. In Q1 2025, public Run-to-Earn challenges will begin, aiming to onboard an initial wave of users and further refine the user experience through feedback and anti-cheat testing.
PICK A CHALLENGE
Choose a challenge that matches your running goals and skills. To join, place a bet on yourself in the Challenge Deposit Pool! Bet exact amount what motivates you the best!
RUN THE CHALLENGE
Make sure to complete all the planned runs to successfully finish the challenge! Focus on yourself, run, and achieve your goals!
EARN FOR YOUR EFFORT
When you complete a challenge, you get your full deposit back. Additionally, you earn a reward from the pool, funded by runners who didn’t finish the same challenge.
