Beat ICO & Token Sale

Beat unleashes the value of verified health and sports data, providing benefits that could revolutionize the health and sports industry.

Project Outline and Objective

There are already billions of data points about our health and fitness generated by trackers, fitness apps, and various software systems. This data is almost useless because it is locked, isolated and not accessible. It is stored in data islands, held by companies that don’t interact and we barely scratch the surface of the potential it holds. A need exists to link the agents within the ecosystem, using cutting-edge technologies to remove issues of accountability, immutability, and privacy.

The BEAT blockchain connects all those decentralized systems and gives power back to the owner. The ecosystem is broadly comprised of data providers and data consumers. It allows users to become data providers and monetize their verified health data that they generate every time they exercise. On the consumer end of the spectrum, it allows corporations to purchase those data according to their needs, utilizing the power of the blockchain. Data consumers would include fitness providers, sports equipment manufacturers, and pharmaceutical companies.

BEAT Tokens can be used in exchange for goods, services or favors of data consumers participating in the BEAT ecosystem or traded on a secondary market if such a market develops.

The BEAT ecosystem could help to facilitate sports and talent sponsoring, promote targeted advertising, give insurance companies the opportunity to reward healthy lifestyles, provide medical professionals with a comprehensive view of health and activity data, and support medical research and development.