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0 sats \ 0 replies \ @Workit_LN OP 11 Dec \ parent \ on: I'm Saba - Founder and CEO of Workit App - AMA AMA
Cool, I just signed up for the community call! As for NWC, not at the moment, but if there’s user demand, we will integrate it
Hey! There’s no Ponzi aspect in Workit, as we simply organize competitions and challenges without incorporating coins or NFTs into the game model.
We only have access to Apple's health data, which is not stored on our end. You can use the Lightning keychain, earn 10 sats a day for free, and play challenges for free.
We generate revenue in two ways:
- Premium Subscriptions: Users purchase a premium subscription to unlock workout programs and personalized nutrition plans, mostly used by the weight loss community. We reward them with sats for their exercise efforts, ideally encouraging them to start playing challenges.
- Step Challenges: For example, 10 people bet 10K sats each to enter a challenge, creating a prize pool of 100K sats. The goal is to walk 10K steps a day for two weeks. If 5 participants win and 5 lose, we take a small cut from the pot of the participants who lost. The remaining goes to the winners.
Hope this helps!
Yes, we generate revenue in two ways:
- Premium Subscriptions: Users purchase a premium subscription to unlock workout programs and personalized nutrition plans, mostly used by the weight loss community. We reward them with sats for their exercise efforts, ideally encouraging them to start playing challenges.
- Step Challenges: For example, 10 people bet 10K sats each to enter a challenge, creating a prize pool of 100K sats. The goal is to walk 10K steps a day for two weeks. If 5 participants win and 5 lose, we take a small cut from the pot of the participants who lost. The remaining goes to the winners.
Additionally, we give away 10 sats per day for free in exchange for 10K steps a day. This cost is covered by the revenue we generate from premium subscriptions
That's awesome! We are currently part of an accelerator program. In January, we will raise our pre-seed and skyrocket the project!
At the moment, we have a very basic anti-cheat system integrated, but as we raise our pre-seed, we’ll work on improving it!