Exercising and Earning with CALO
In an increasingly modern world, human beings prioritize health more than ever. However, finding time for physical fitness is becoming scarce due to various reasons, with lack of motivation being a significant factor.
In this article, Gamefinity introduces a project that provides a clear incentive to engage in physical activities - specifically, earning money while exercising. The project in focus here is Calo Run (CALO).
What is CALO?
CALO is a Move-to-Earn application for physical exercise and sports in augmented reality, built on Blockchain technology.
CALO is a Move-to-Earn Application
Introducing the novel concept of Burn to Earn, users of the CALO app earn tokens every time they exercise, burn calories, and complete challenges. The more challenges they complete, the more NFTs and tokens they receive.
Currently, the Calo platform has the Calo App available for direct experience. You can download the app from app stores like Google Play or App Store to start using it.
The Calo App is a health application utilizing blockchain technology globally, encouraging and motivating people to engage in daily physical activities.
Once you've downloaded the app, you need to own a pair of NFT shoes to participate in the app's activities.
Through the "Burn to Earn" reward mechanism, you can earn money by burning calories through exercise. This incentivizes participation and motivates users to build a healthy community with positive experiences.
Burn to Earn Ecosystem
Health Data
Challenges
Sport Gamefi
Fitness Marketplace
With Health Data, you can easily sync your exercise data to the Calo App through platforms like Garmin, Strava, Apple Health, etc.
You can participate in sponsored activities and challenges to earn rewards in tokens and valuable NFT items.
The project also creates AR and NFT Sport Gamefi to enhance the workout experience.
The Marketplace supports trading, buying game characters, NFT items, physical goods, or tokens.
Additionally, you can earn money through:
Creating entirely new NFTs and selling them
Renting out your NFTs to others
Editing your NFTs
Operating Mechanism
The main purpose of the Calo App is to enhance user experience, making users central to the project.
When using the app, you need to enable GPS connection so the app can track your running distance and calculate the amount you earn.
Exercise Modes, Challenges in CALO
Sponsored Challenges
The main goal of these challenges is to guide new participants on exercise techniques and token collection. The core value is to "build motivation to achieve goals."
To participate, you need FAT and CALO tokens, which you can also earn from these challenges in addition to receiving CALO tokens and NFTs.
Team Challenges
These challenges focus on community values by creating group challenges (from one group to another, company to company, city to city, or different countries) to reward corresponding prizes.
To participate in these challenges, you need to register as a team with a certain amount of FAT tokens, CALO tokens, or any NFT products collected from their previous individual challenges.
Charity Challenges
These involve community sharing of your daily physical activities, allowing you to participate in all training challenges and contribute your workout results to social organizations.
Tournament Challenges
These challenges occur on special occasions throughout the year. To participate, you need to own a special type of NFT, which can be a combination of several NFTs rewarded from previous challenges.
These challenges are not easy, but one thing is certain: you can conquer them if you accumulate enough experience and strength from participating in previous challenges.
The rewards you can receive in these challenge groups are unique and valuable NFT products that you can sell at high prices in the market.
NFT Items
NFT Shoes
When starting out, you need to own a pair of NFT shoes to participate in project activities. You can buy or rent these NFT shoes on the Marketplace.
The app features four main types of shoes, each offering different speeds and earning potentials. These types are:
Walker
Jogger
Runner
Trainer
Each shoe type also comes in various levels of rarity: Common, Uncommon, Rare, Epic, and Legendary. The higher the rarity, the more money you can earn and sell them for higher prices, with each level unlocking new features.
NFT Stones
When your NFT shoes reach a certain level, you can unlock upgrade features using NFT stones. Each type of NFT stone has unique features to enhance your shoe performance:
Yellow: Efficiency
Blue: Luck
Red: Speed
Purple: Recovery
You can merge stones of the same type to create a higher-level stone with better stats.
NFT Medals
These NFT medals are awarded when you complete specific activities within the game, which you can forge into medals using in-game features.
Tokenomics
Basic Information:
Token Name: CALO
Blockchain: Binance Chain
Total Supply: 500,000,000 CALO
The platform uses two main tokens: CALO and FAT.
CALO Token
Applications of the token:
It serves as the governance token of the platform.
Brands use CALO Tokens to create challenges for users, who receive rewards upon completing a challenge.
Use tokens to buy and sell NFT items on the Marketplace.
How to Get Free CALO Tokens?
Vote for CALO token to be listed on the XT exchange for a chance to receive free CALO tokens on XT.com exchange.
Each vote corresponds to $10 you hold in your Spot account. You need to prepare USDT in your wallet to be eligible to vote. However, voting is completely free and incurs no fees.
CALO tokens are currently highly favored, increasing the likelihood of winning.
The project with the highest total votes will be listed for free in the Hot Coin Zone.
Moreover, users who vote directly on XT.com will receive an Airdrop of 10,000 tokens from the winning project.
The voting program runs from: 15:00 on July 29th to 15:00 on August 4th, 2022 (Vietnam time).
FAT Token
Applications of the token:
Forging NFT shoes
Upgrading sports shoes at specific levels
Upgrading stones
Unlocking Spaces
Gas fees for transactions
Development Team
The Calo project development team comprises experienced experts in Blockchain, e-commerce, and gaming studios. Notable members include:
Mr. Tuan Phan (CEO - Founder): He is also the founder and CEO of companies specializing in sports and healthy lifestyles such as GoldSport, Eat More Salad by Sweetie Ltd.Co, Hanofarm, etc.
Minh Tri Nguyen (CTO - Founder): He is a data science master's graduate with over 10 years of experience in computer technology and software.
Marcus Leng (CSO - Chief Strategy Officer): He is the founder of Miracles of Capital Vietnam and a master trainer at an Asian dermatology research center. Marcus Leng also has extensive experience in financial strategy consulting and funding for businesses in Southeast Asia.
Dung Chan: Art director, founder of takidu8 Studio
Linh Than: Operations manager, currently OM at Hanofarm and Sweetlife
Emmy Thao: Brand manager, MM of 365 Begin/ SweetLite
Roadmap
Q4 2021
Alpha test version Calo IDO launch
Exercise challenges
Q1 2022
Beta test version launch
Official app launch Staking pool
Q2 2022
Launch of team challenge feature
NFT Fitness market system
Q3 2022
Beta AR NFT’s minting
CSR system
Q4 2022
AR challenges
Tournaments
Exercise guides
Q1 2023
Beta Booster
Booster Gaming
Investment Fund
The project has received investment from multiple funds, including: VECOM, DTS, BMW Capital, MVC group...
Calo has many partners in the Crypto market such as: Game Hub, Ufin, BIC Capital, BSC Station, Alpha True, AU21 Capital, CoinLab, Pencil...
Advisors
Calo receives enthusiastic support from experienced advisors such as:
Alex Duong: Co-founder of DEHR Network
Lucid Hoang: Founder and CEO of UFIN
Huy Nguyen: CEO of Pencil Group
Dung Nguyen: Vice Chairman of VECOM
Leon Truong: Chairman of the board of DTS
Conclusion
Through this article on Gamefinity, we have compiled comprehensive information about the CALO platform. You can review and further explore it.
We will continue to update you with the latest information about this project and related projects to ensure you don’t miss out on important updates.