Photo - WALKFI
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WALKFI

WALKFI is a social blockchain-based Move-To-Earn app.

Vietnam
Market: Blockchain, Crypto currency, Mobile applications
Stage of the project: Idea or something is already done

Date of last change: 16.05.2022
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Idea

We inspire the community to improve their physical and mental wellness by providing WALKFI - a social blockchain-based Move-To-Earn app that offers a chance for users to walk and gain financial rewards ($WALK Tokens and earnings from NFT items), connect with friends and join virtual activities to keep their lifestyles healthy and fun.
At the same time, we commit to ZERO carbon footprint by using carbon neutral solutions and help our users contribute to environmental protection and animal saving by donating 1% of our revenue to related charities.

Current Status

We are in the pre-seed funding stage and preparing for our IDO.
We have already built a community of over 7k supporters on each of our social channels (Twitter, Telegram, Facebook, Instagram).

Market

TAM: Global Blockchain Gaming Market $321M
SAM: Mobile Blockchain Gaming $128.4M
SOM: Mobile Blockchain Gaming for Millennials $48.8M
We target millennials in the Mobile Blockchain Gaming market since they are the most active users of fitness apps and account for 38% of the blockchain gaming users.
(Statistics in 2020)

Problem or Opportunity

After the pandemics, the global fitness app market has achieved massive growth as people started investing more time and money on improving their health.
At the same time, “Move-To-Earn” apps are also one of the most trending segments of Blockchain gaming in which users are rewarded for their active and healthy lifestyles.
Thus, now is the best time to launch a Move-To-Earn app to apply the new concept in creating health and wellness benefits for the community.

Solution (product or service)

We inspire the community to improve their physical and mental wellness by providing WALKFI - a social blockchain-based Move-To-Earn app that offers a chance for users to walk and gain financial rewards ($WALK Tokens and earnings from NFT items), connect with friends and join virtual activities to keep their lifestyles healthy and fun.

Competitors

StepN is the main competitor in this field.

Advantages or differentiators

Studies show that working out with other friends may increase people's commitment to a fitness routine and improve their performance as well.
Unlike StepN, we focus on giving users not only the chance to earn an extra income but also the opportunity to connect and socialize with other people in the community while walking so that they can get more motivation to stay healthy both physically and mentally.

Finance

Our revenue comes from selling/renting out NFT in-app items to users, charging fees when users sell/rent out their NFT in-app items or attend virtual events, and showing Ads.

Money will be spent on

Smart Contract Audit: 30%
Launchpad Listing: 30%
Press Release: 15%
Paid Ads: 15%
Influencer: 10%

Offer for investor

To prepare for our IDO, we currently need $30K ~ $50K in exchange for 45K ~ 75K $WALK tokens (when listed on DEX, the starting price of $WALK token will be set at $1.00).

Team or Management

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Idea
Current Status
Market
Problem or Opportunity
Solution (product or service)
Competitors
Advantages or differentiators
Finance
Invested in previous rounds, $
Business model
Money will be spent on
Offer for investor
Team or Management
Mentors & Advisors
Lead investor
Risks
Incubation/Acceleration programs accomplishment
Won the competition and other awards
Invention/Patent
Photos
Product Video