Tech

Groups near India with Move-to-Earn GrowFitter platform to drive Web3 adoption


Near India has partnered with GrowFitter platform to drive Web3 adoption in the country. Near India is the local unit of Near Protocol, a blockchain network founded in Switzerland in 2018. Meanwhile, GrowFitter is a Web3-centric lifestyle app that rewards users for completing items spend their daily physical activity. As part of this partnership, the rewards-based digital health platform also plans to launch its own utility token (GFIT) on top of the NEAR Protocol as a reward for money clients. your electronics.

The Proximity protocol is looking to expand its presence in the international market. India is the next stop after launching operations in Vietnam, the Philippines, Dubai and Singapore.

“Our aim is to nurture the idea that local entrepreneurs and developers will have a global opportunity. With NEAR, Growfitter can reach a broader community and gain a competitive edge by leveraging decentralized Web3 infrastructure,” said Aayush Gupta, Director of Near India in a statement.

As for GrowFitter, the platform was founded in 2016 by Indian crypto entrepreneurs Sanmati Pande and Harshit Seth.

The name became famous after appearing on Indian Shark Tank.

GrowFitter claims to have over 25,000 paid subscribers that track their daily activity and exercise habits on the platform. The company has a partnership with Amazon, boat, Myntra, Byju’sand leopard lion among others, to provide users with Web2-focused offers to its users.

With a partnership with Near India, Web3 fitness app is looking to bring a loyalty program to bring its community together.

“Our goal is to revolutionize consumer engagement and loyalty. Growfitter token holders will be able to redeem tokens for products from over 100 sponsored brand partners,” said Sanmati Pande, CEO of Growfitter.

Partnership between crypto players and moving app to earn money has gained popularity in recent times, despite the successive situations that have occurred with the collapse of cryptocurrencies.

Recently, the Crypto.com Exchange signed a partnership agreement with popular Australian monetization app PUML to launch its first WearX NFT collection on November 21.

The PUML platform rewards users with native tokens on the Ethereum and Polygon networks for completing wellness challenges like step count and meditation.

Along with Crypto.com, PUML also cooperates with companies like Western Union and Deloitte company.


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