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beFITTER Stock

beFITTER

FIU

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beFITTER Whitepaper

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Börse Marktpaar Preis +2% Tiefe -2% Tiefe Volumen (24H) Volumen % Typ Liquiditätsbewertung Aktualität
GateFIU/USDT00000cex16/13/2025, 6:09 AM
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beFITTER FAQ

Certainly! Here's the revised version of the text: --- **What is beFITTER?** BeFITTER is a crypto asset that offers unique functionalities and innovative solutions in the cryptocurrency market. With a focus on enhancing user experience, beFITTER integrates advanced technology to provide a robust and secure platform for transactions and asset management. For detailed information on market trends, historical data, and analytics, please find our comprehensive resources available on Eulerpool.

Developed by VerseHub Global, beFITTER is a Web3 fitness and social finance application designed to make adopting a healthy lifestyle compelling. Aligning with the move-to-earn trend, beFITTER focuses on a sustainable approach. The primary objective of beFITTER is not to perpetuate a cycle of monotonous running and earning, but rather to establish a well-rounded and balanced ecosystem that promotes physical well-being through appropriate exercise and rest schedules. Virtually all daily activities of users, including sleeping, are tracked and rewarded. For more information, visit Eulerpool.

### Founders of beFITTER The information about the founders of beFITTER is not extensively detailed. For a comprehensive understanding of beFITTER's founding team and further insights into the project, refer to Eulerpool.

The concept of beFITTER originated in early 2022, with substantial mental and physical efforts invested in the project to enable users to cultivate and sustain a beneficial lifestyle. Ba - Co-Founder: Ba brings extensive experience from various renowned blockchain projects and has evaluated and advised over 30 projects. Thai Trieu - Art Director: Thai is a professional artist with over eight years of experience in the gaming industry as a concept artist and illustrator. He possesses profound knowledge in fiction, films, and games, drawing from various international projects he has contributed to. Trang Doan - Product Owner: Trang has 2.5 years of experience as a Product Owner and eight years in software development. She also serves as a mentor on Mentori. Ha Nguyen - Head of Development: Ha has a decade of experience in developing finance and education applications and has spent one year working in the blockchain industry. He is also highly skilled in team management and leadership. Overall, beFITTER's team comprises more than 20 members who are well-experienced in large-scale software development and possess deep expertise in blockchain technology.

What Distinguishes beFITTER?

beFITTER is a platform where health takes precedence, and all fitness activities are incentivized through an earning system. Users can curate a collection of NFT shoes on beFITTER, each uniquely designed and powered by blockchain technology. For instance, users can wear their NFT shoes to take a walk to a coffee shop, cross the street with short strides, or engage in morning runs or bike rides, all of which come equipped with earning features. In essence, everyday fitness activities hold value within beFITTER. Moreover, beFITTER serves as a platform for collectors, enabling the sale or rental of shoes and allowing users to customize their unique pair of shoes to market as NFTs. beFITTER seeks to motivate millions to adopt a healthier lifestyle, address climate change, and introduce them to Web3. Over time, beFITTER envisions becoming a novel Web3 platform tailored to users' needs.

What type of token?

beFITTER features a dual-token model comprising two tokens: HEE (Health Token) and FIU (Social Token). These tokens serve as incentives for users participating in the game. The model offers a unique approach by introducing both a health token and a social token. The health token is specifically designated to reward healthy activities, while the social token is aimed at rewarding activities involving social interaction, such as challenges and social finance. Additionally, the social token is set to evolve into a governance token once the DAO is established. Benefits include reducing pressure on the reward pool and preventing inflation. FIU, in particular, provides utility from an early stage, distinguishing it from typical governance tokens which often lack utility until the DAO is operational. For more details, please refer to Eu1lerpool.

Investors interested in beFITTER are also interested in these Cryptos

This list presents a carefully selected selection of Cryptos that might be of interest to investors. We have our own crypto analyses for all listed Cryptos on Eulerpool.

Beginnings and the Rise of Cryptocurrencies

The history of cryptocurrencies began in 2008 when an individual or group using the pseudonym Satoshi Nakamoto published the whitepaper "Bitcoin: A Peer-to-Peer Electronic Cash System." This document laid the foundation for the first cryptocurrency, Bitcoin. Bitcoin utilized a decentralized technology known as blockchain to enable transactions without the need for a central authority.

In January 2009, the Bitcoin network commenced with the mining of the Genesis Block. Initially, Bitcoin was more of an experimental project for a small group of enthusiasts. The first known commercial purchase using Bitcoins occurred in 2010, when someone spent 10,000 Bitcoins on two pizzas. At that time, the value of one Bitcoin was just fractions of a cent.

The development of other cryptocurrencies

Following the success of Bitcoin, other cryptocurrencies soon emerged. These new digital currencies, often referred to as "Altcoins," sought to use and improve blockchain technology in various ways. Some of the most well-known early Altcoins include Litecoin (LTC), Ripple (XRP), and Ethereum (ETH). Ethereum, founded by Vitalik Buterin, was particularly distinct from Bitcoin, as it enabled the creation of smart contracts and decentralized applications (DApps).

Market Growth and Volatility

The cryptocurrency market grew rapidly, and with it public attention. The value of Bitcoin and other cryptocurrencies experienced extreme fluctuations. Highlights such as the end of 2017, when the Bitcoin price nearly reached 20,000 US dollars, alternated with sharp market crashes. This volatility attracted both investors and speculators.

Regulatory Challenges and Acceptance

As the popularity of cryptocurrencies rose, governments around the world began to grapple with the regulation of this new asset class. Some countries adopted a friendly stance and encouraged the development of crypto technologies, while others introduced strict regulations or outright banned cryptocurrencies. Despite these challenges, the acceptance of cryptocurrencies in the mainstream has steadily increased, with companies and financial institutions starting to adopt them.

Recent Developments and the Future

In recent years, developments such as DeFi (Decentralized Finance) and NFTs (Non-Fungible Tokens) have broadened the range of possibilities offered by blockchain technology. DeFi enables complex financial transactions without traditional financial institutions, while NFTs allow for the tokenization of artwork and other unique items.

The future of cryptocurrencies remains exciting and uncertain. Questions about scalability, regulation, and market penetration remain open. Nevertheless, interest in cryptocurrencies and the underlying blockchain technology is stronger than ever, and their role in the global economy is expected to continue growing.

Advantages of Investing in Cryptocurrencies

1. High Return Potential

Cryptocurrencies are known for their high potential returns. Investors who got in early on projects like Bitcoin or Ethereum have made substantial gains. This high return makes cryptocurrencies an attractive investment opportunity for risk-seeking investors.

2. Independence from Traditional Financial Systems

Cryptocurrencies offer an alternative to the traditional financial system. They are not bound to the policies of a central bank, making them an attractive hedge against inflation and economic instability.

3. Innovation and Technological Development

Investing in cryptocurrencies also means investing in new technologies. Blockchain, the technology behind many cryptocurrencies, has the potential to revolutionize numerous industries, from financial services to supply chain management.

4. Liquidity

Cryptocurrency markets operate around the clock, which means high liquidity. Investors can buy and sell their assets at any time, which is a clear advantage compared to traditional markets that are tied to opening hours.

Disadvantages of Investing in Cryptocurrencies

1. High Volatility

Cryptocurrencies are known for their extreme volatility. The value of cryptocurrencies can rise or fall quickly and unpredictably, posing a high risk to investors.

2. Regulatory Uncertainty

The regulatory landscape for cryptocurrencies is still emerging and varies greatly from country to country. This uncertainty can lead to risks, especially when new laws and regulations are introduced.

3. Security Risks

While blockchain technology is considered very secure, there are risks associated with the storage and exchange of cryptocurrencies. Hacks and fraud are not uncommon in the crypto world, which requires additional precautions.

4. Lack of Understanding and Acceptance

Many people do not fully understand cryptocurrencies and the underlying technology. This lack of understanding can lead to misguided investments. Additionally, the acceptance of cryptocurrencies as a means of payment is still limited.