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What Is 300FIT(FIT)?
'300FIT' is constructing a web3 sports ecosystem based on SportsIP. We are creating a world where athletes and fans can communicate more closely through the digital assetization of the unique charm of sports. 300FIT is building a healthy ecosystem through sports with top partners such as Samsung Electronics, Bithumb, Bittrex, Upbit, and Neofin. Additionally, 300FIT holds the NFT business rights for domestic and international sports competitions such as Beijing Winter Olympics Team Korea NFT and World Aquatics NFT, and provides a web3 sports platform with sports IPs of 70 domestic and foreign athletes, including Olympic stars. We don't just play the sport, we own the moment. 300FIT is a digital assetization project of sports IPs. The ecosystem, which began as a digital content of athletes' athletic knowledge among their assets, is expanding to sports NFTs to build a digital asset ecosystem of sports IP. It builds a new web3 sports ecosystem as NFTs by creating digital content such as athletes' athletic know-how, records, and stories. There are four parties involved in the 300FIT ecosystem. First, the user, second, the sports IP provider, and finally, the advertiser. First, between the user and 300FIT, users are rewarded with NFTs when they work out in the app or complete missions. Users must purchase the 300FIT Membership NFT to secure their reward rights. NFTs can be purchased through FITs issued by 300FIT. Second, between sports IP providers and 300FIT cases, we operate the 300FIT NFT Marketplace. Providers provide IP usage rights to 300FIT to issue their NFTs. 300FIT creates and issues NFTs based on the provided IP and pays a portion of the sales revenue as an IP license fee. Third, between the advertiser and 300FIT, advertisers need to pay a fee in FIT tokens to start advertising on the app. These three use cases are practically out-of-the-box models, and we will work to further expand the token ecosystem within the app, our online section. FIT is the native utility token: - Earn reward tools by participating in the 300FIT network ecosystem. - Used for governance voting to determine content IP (sports NFTs). - Used for payments in the NFT marketplace.
Who are the Founders of 300FIT NETWORK?
Stanley Song, CEO & Founder of 300FIT NETWORK, has developed a mobile fitness service platform that can recommend optimal exercise programs to users with big data. Now, the platform service is connected with SAMSUNG HEALTH, which is a top 10 fitness content platform in the world. Song founded IUWELL Co. ltd. based in South Korea 13 years ago. He developed various Sports & Fitness big data platforms and exercise motion trackers.
Answers
What Is 300FIT(FIT)?
'300FIT' is constructing a web3 sports ecosystem centered around SportsIP.
We are creating a world where athletes and fans can engage more closely through the process of digital assetization of the unique charm of sports.
300FIT is building a healthy ecosystem through sports with top-tier partners such as Samsung Electronics, Bithumb, Bittrex, Upbit, and Neofin. Additionally, 300FIT holds NFT business rights for domestic and international sports competitions such as Beijing Winter Olympics Team Korea NFT and World Aquatics NFT, and offers a web3 sports platform featuring sports IPs of 70 domestic and foreign athletes, including Olympic stars.
We don't just play the sport, we own the moment.
300FIT is a digital assetization project of sports IPs. The ecosystem, which began as a digital content of athletes' athletic knowledge among their assets, is expanding to sports NFTs to establish a digital asset ecosystem of sports IP. It is building a new web3 sports ecosystem through NFTs by creating digital content such as athletes' athletic know-how, records, and stories.
The 300FIT ecosystem involves four parties. First, the user; second, the sports IP provider; and finally, the advertiser. First, between the user and 300FIT, users are rewarded with NFTs when they work out in the app or complete missions. Users must purchase the 300FIT Membership NFT to secure their reward rights. NFTs can be purchased through FITs issued by 300FIT.
Second, between sports IP providers and 300FIT, we operate the 300FIT NFT Marketplace. Providers grant IP usage rights to 300FIT to issue their NFTs. 300FIT creates and releases NFTs based on the provided IP and pays a portion of the sales revenue as an IP license fee.
Third, between the advertiser and 300FIT, advertisers need to pay a fee in FIT tokens to start advertising on the app. These three use cases are practical out-of-the-box models, and we will strive to further expand the token ecosystem within the app, our online section.
FIT is the native utility token that:
- Earns reward tools by participating in the 300FIT network ecosystem.
- Is used for governance voting to determine content IP (sports NFTs).
- Is used for payments in the NFT marketplace.
Who are the Founders of 300FIT NETWORK?
Stanley Song, CEO & Founder of 300FIT NETWORK, has developed a mobile fitness service platform that can recommend optimal exercise programs to users using big data. The platform's services are now integrated with SAMSUNG HEALTH, which is one of the top 10 fitness content platforms in the world. Song founded IUWELL Co. Ltd., based in South Korea, 13 years ago. He has developed various Sports & Fitness big data platforms and exercise motion trackers.
Where can I buy 300FIT NETWORK(FIT)?
[Bithumb](https://BYDFi.com/exchanges/bithumb/) offers KRW pair. Bithumb is the largest exchange in South Korea. [Bittrex](https://BYDFi.com/exchanges/bittrex/) also offers BTC pair.
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