Hong Kong — Kalories is a project that is set to be launched to offer its holders two ways of passive income earning: Move-To-Earn and Hold-To-Earn. It claims to be the first crypto project combining Move-To-Earn Web 3.0 App with $BUSD reflection to guarantee greater gain to $KST holders so that users can “Kick out Calories, Move to Earn”.
The project’s application KaloriesGo APP is a Move-To-Earn Web 3.0 app that is combined with an 8% BUSD reflection protocol to assist users in achieving a balance between health, wealth, and social connection. The application is a modern combination of the latest Web 3.0 technological elements, including SocialFi, GameFi, and NFT. After the project’s launch, users can download the application and join the Move-To-Earn feature to select modes as they purchase NFT shoes available in the marketplace. NFT shoe holders will select these modes bearing in mind their health and profit interests.
KaloriesGo offers four types of NFT Sneakers, namely Walker, Jogger, Runner, and Trainer. Holders who earn the rarer NFTs will be rewarded more for their physical activities, including brisk walking, running, and walking. The application offers easy, normal, and hard challenges, and rewards in $KST will be based on motion, and the type of NFT sneakers users own. Each challenge mode carries different $KST rewards in proportion to the steps; for example, ‘easy’ accounts for 4000 steps for 1000 $KST while ‘hard’ is 24000 steps for 6000 $KST.
The rewards are multiple at the Sneakers level; each NFT sneaker has four different levels. The common sneakers are 60% with x1 $KST rewards, while the legendary is 2% with x5 $KST rewards. Holders can also buy and sell NFT Sneakers and Shoeboxes in Kalories’ upcoming dApp Mint and Marketplace.
The application contains anti-cheating measures to prevent users from gaining an unfair advantage through third-party tools and to ensure fairness between them. They have enabled GPS tracking and the device’s sensors in the health app, so physical activities are measured accurately, without manipulation from the user’s end. An extra layer of protection has been added to detect fraud via machine learning so that the application does not work on a device that is jailbroken, rooted, or has a modified OS.
The Hold-To-Earn phenomenon works on Kalories’ nature as a deflationary token with a finite supply of 1,000,000,000 on the Binance Smart Chain network. When the token is traded, 5% of buy and 8% of sell transactions are redistributed to $KST eligible holders; therefore, users who hold $KST tokens in their wallets earn passive income in $BUSD. The BUSD reflection is the key feature of Hold-To-Earn and is meant to incentivize people as it rewards holders by adding new crypto to their wallets. Per its tokenomics, 2% of buy and 3% of sell transactions are channeled to the marketing pool, which is used to fund Kalories products such as its APP and for building other services that expand its community, so a larger number of people benefit from its value. The locked liquidity pool providing liquidity to stabilize $KST also requires funds which it gets from 1% of every buy and sell transaction.
Kalories is working on community building and marketing, and bounty campaigns. The latest phase covers the important KaloriesGo APP Beta Launch, including a public presale on the PinkSale platform. Its official launch and partnerships will then follow along with cross-chain integration.
The presale set in phase two will start at 3:00 PM (UTC) on June 29th, 2022, and end at 3:00 PM (UTC) on July 1st, 2022. Early adopters of this crypto asset will benefit from its tokenomics and unique passive income-earning ability, along with physical health benefits in the real world. Further updates, changes, and news regarding the public presale and otherwise are announced on Kalories’ social media handles.
Kalories is a Move-to-Earn and Hold-to-Earn project built across the Binance Smart Chain, providing utility to health within the blockchain technology. This project combines the concepts of passive income and Web 3.0 technology through the gaming elements to bring about efficiency and drastic innovation within the digital space. With the presale for the project announced, Kalories is all set to offer health benefits amidst the digital inclusion of its users in the blockchain.