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Information about cardiocoin

Cardiocoin, established in October 2020, is a cryptocurrency venture led by a team of experienced entrepreneurs and technology experts specializing in IoT and machine learning. Based in Silicon Valley and South Korea, the team has patented a unique technology that utilizes sensors and software to accurately track real fitness activities using vibration detection, power sensing, and machine learning. By installing this technology into existing and new fitness equipment, Cardiocoin offers a combination of Move-to-Earn and Play-to-Earn functionalities.

Cardiocoin's fitness verification sensors are remarkably accurate, boasting a 99% accuracy rate, and their proprietary platform acts as a hub connecting users' real workout data with popular games, metaverse experiences, and content. The integration of real-world exercise with metaverse activities is facilitated through Cardiocoin's home fitness bike called Metabike and their gym treadmill solution called Metarun. Utilizing the Cardio HUB, an application accessible via a QR scan from the Cardio smartphone app, fitness enthusiasts can enjoy numerous games and other content from leading developers. Metabike has integrated game controllers in its handlebars, essentially turning it into a giant joystick, with the speed of pedaling determining the movement speed of the game character.

Unlike other fitness-tracking projects that rely on smartphones and wearables, which are susceptible to manipulation and cheating, Cardiocoin's patented sensor technology provides reliable and fraud-proof data. Moreover, the production cost of these sensors is remarkably affordable, making them an economical choice for original design manufacturers (ODMs) of fitness equipment. By easily attaching the IoT sensors to existing treadmills and indoor bikes, both in use and in production, Cardiocoin enables legacy equipment to become smart bikes and smart treadmills connected to the metaverse.

Cardiocoin aims to target the global user base of 500 million treadmill and indoor bike users by retrofitting existing equipment. The company has already conducted a successful beta test of its Metarun service in 20 selected gyms in South Korea, with over 2,500 monthly active users. During this test phase, Cardiocoin has verified over 43,744 kilometers of exercise distance across 25,712 workouts over a period of 7,449 hours. Users have been rewarded with approximately $10,000 worth of Cardio Points, which can be used within the app and exchanged for Cardiocoin.

In 2022, Cardiocoin plans to launch its Metabike service, targeting the thriving fitness and healthcare industry, which is worth billions of dollars.

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