Reward Program

The GYM WALLET reward structure is carefully designed to motivate and incentivize users, ensuring that their efforts are rewarded. Here are the key elements of our reward structure:

Prize Pool: When you purchase a ticket for a Challenge, a significant portion of the fee contributes to the prize pool for that specific Challenge. This pool grows as more participants join, increasing the potential rewards.

Merit-based Rewards: GYM WALLET values hard work and dedication. The more you actively participate, perform, and achieve results, the greater your rewards. Your commitment and effort directly impact the rewards you can earn.

Transparency: GYM WALLET leverages blockchain-based "smart contracts" to ensure fair and transparent prize pool payouts. The distribution of rewards is governed by pre-established rules set by the Challenge creator, providing transparency and confidence in receiving the rewards you deserve.

Algorithmic Payout System: The GYM WALLET platform utilizes an advanced algorithmic payout system. This system continuously calculates how rewards will be distributed based on the specific rules set by the Challenge creator. Data from Concept2 ERGs is algorithmically evaluated to trigger accurate and timely reward distributions.

Impactful Earnings: GYM WALLET offers more than just fun and fitness gains. By actively participating and achieving results, you can earn tangible rewards in the form of cryptocurrency and NFTs. These rewards add a significant level of motivation to your workouts and provide you with valuable digital assets.

With GYM WALLET's reward structure, your hard work and dedication are recognized and rewarded. Join challenges, push your limits, and unlock a world of exciting rewards as you embark on your fitness journey.

Note: The graphic will depict the distribution of rewards based on rank in the leaderboard, further illuminating how your performance translates into rewards.