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Infinite LaunchInfinite Launchby0x224a1e1a1FD277A7E601D212d24E0e1DFaE052Aa0x224a…52Aa

WalkN App IDO Implementation

Voting ended almost 4 years agoSucceeded

WalkN exists with only one mission - To bring people, fitness, and crypto together by building a solid platform that rewards people to take care of their fitness. WalkN provides a platform for improving one's fitness while earning rewards in cryptocurrency. It leverages the newly born trend, Move2Earn. The app users purchase an NFT of their choice, start the app, and earn money with every step they take.

WalkN is going to take the #M2E to the next level by offering unique in-app features, connecting physical and virtual players, and creating healthy competition among users. In-game rewards can be used by players to upgrade their sneakers, levels, or packs to boost their earnings.

  • IMC: $196k
  • Token: WALKN (Governance), STEPS (In-game)
  • Total Supply: 3B (decreased from 5B)

Key features of the WalkN App:

  • Vision to build partnerships with physical asset companies in sports and eventually a user can convert their assets through an app from NFT to a physical one, shoes for example.
  • Two active modes (Solo and Tournament) to enable WalkN App users to participate in different real-world events hosted by WalkN App and earn in-game rewards.
  • WalkN App’s background mode helps users to earn passive income as long as they have NFTs and WalkN app running in the background.
  • 3 ways to earn in WalkN App - exercise, NFT holding and renting assets
  • Five revenue-generating streams to sustain the WalkN App business and its user earnings.

Strategic Investors and Partners: BD Ventures, Coinsult, MetaBlock, InfinityPad, Paycoin Capital, Unicorn Ventures, Tiger Ventures, Diviner Protocol, Dao Starter

Selected Planned Milestones:

  • Q2 '22: IDOs, Genesis NFTS
  • Q3 '22: WalkN App mainnet launch, Staking, In-app marketplace
  • Q4 '22: Ecosystem growth, Multi-chain wallet, Rent2Own
  • 2023: WalkN App expansion, SocialFi, Cross-chain Token Integration, Leaderboard, etc.

Additional information about the project can be found via:

  • Tokenomics: https://docs.google.com/spreadsheets/d/1USXOcU2ZNxmb37dsMkKxgTf62VHO6rWXSJjg2sG6RQs/edit#gid=1565944794

  • Whitepaper: https://walkn.gitbook.io/whitepaper/walkn-app-overview/walkn-app

  • Pitchdeck : https://drive.google.com/file/d/1JXRs_fmUnNc7k3m_wkkyrSQg-2g0duNM/view

  • Social links:

Website: https://walkn.app/ Telegram: https://t.me/walknapp Twitter: https://twitter.com/WalkN_app Discord: https://discord.com/channels/973516519738867733/973516520611258419 Medium: https://medium.com/@walknapp

This voting is to decide if Infinite Launch will implement the IDO of with the WalkN App following information:

  • Pool size - 75k
  • IDO time - 6th June
  • IDO price - 0.0049
  • Vesting schedule for IDO: 10% at TGE, Rest Linear Vesting over 6 months

Off-Chain Vote

Implementation
2.7M ILA93%
Don't Implementation
204.02K ILA7%
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Timeline

May 25, 2022Proposal created
May 25, 2022Proposal vote started
May 27, 2022Proposal vote ended
Oct 26, 2023Proposal updated