Welcome

GOOCH SWEAT Whitepaper

Introduction:

GOOCH SWEAT is a revolutionary new cryptocurrency that rewards users for staying active. With the GOOCH app, users can track their physical activity and earn valuable GOOCH SWEAT rewards for every step they take. By incentivizing physical activity with cryptocurrency rewards, GOOCH SWEAT aims to motivate and inspire a global community of fitness enthusiasts.

Overview:

GOOCH SWEAT is a decentralized cryptocurrency that operates on the Ethereum blockchain. It is designed to be used exclusively within the GOOCH ecosystem, which includes the GOOCH app and associated fitness products and services. The cryptocurrency is earned by users for their physical activity and can be exchanged for fitness-related products and services within the GOOCH SWEAT marketplace.

Token Details:

• Token name: GOOCH SWEAT (GOOCH)
• Token type: ERC-20
• Total supply:  
  100000.00B GOOCH

Tokenomics:

The source code of GOOCH SWEAT includes the following tokenomics:

• Transaction fees: A small fee (0.1%) is charged for every transaction made with GOOCH SWEAT. This fee is used to maintain the infrastructure of the GOOCH SWEAT blockchain and to fund ongoing development.
• Proof-of-Activity (PoA) consensus algorithm: GOOCH SWEAT uses a unique consensus algorithm that rewards users for their physical activity. This incentivizes users to stay active and helps to ensure the health and longevity of the GOOCH SWEAT ecosystem.
• Rewards distribution: GOOCH SWEAT rewards are distributed on a daily basis to users who have accumulated a certain amount of physical activity. The more activity a user has, the more GOOCH SWEAT they can earn. Rewards are distributed proportionally to the amount of activity each user has completed.