BapeSwap Partners with GPS Riding
BapeSwap partners with GPS Riding, a community-driven web3 move-to-earn platform app amongst Gen-Zers.
INTRO
GPS Riding is The World’s First NFT Bike Racing Metaverse for non-crypto natives to connect with like-minded sporty friends worldwide, be in communities and also earn all at once.
The GPS ecosystem is broadly evolving with new developments in GameFi, SocialFi, FitnessFi, and Metaverse that connect GenZers participating in healthy activities together. Made by GPS – backed by community – evolved by blockchain.
On GPS Riding, besides players can ride, walk or run outdoors with an NFT bike or physical bike to earn tokens, the ultimate passive income will also comes from bike race metaverse events, communities just race or vote and earn. That are designed to make community feel more fair life and live a healthier lifestyle. Not only does it work the brain, but it also encourages physical exercise to motivate the holistic wellness of its players.
GPS Riding runs on the BNB Chain network, and is governed by $GPS tokens, used for both utility of purchase NFTs, participate in game modes, racing competitions and governance.
GPS Riding, on the other hand, positioned to be one of the best mass-adoption utility tokens in the digital economy where mainstream GenZers make millions of micro-transactions.
They are at the very beginning of a long enjoyable journey. GPS Riding believe in listening to what GenZers has to say. They believe in the power of disruption and the importance of decentralization to create a new system that acts in the best interest of next generation, and building a new dynamic ecosystem is a big challenge, this is an excited time ahead. Things are coming together.
Dream big. Start small. But most of all, start!
ECOSYSTEM
1. GPS FIT APP
GPS Fit App is a social fitness app that reward you tokens for accomplishing your step goal. It is a combination of step counter, route planner and ride tracker, and it pays you for both.
The app works by tracking your outdoor steps using GPS location and verifying them through the app’s own algorithm.
The app integrates with the Apple Health app via Healthkit.
Simply by, you start to earn by biking, running, walking, and other physical activities. Start recording your ride on the Ride with GPS app with just a single tap.
Record your run, map a cycling route and analyse your exercising with all the stats.
GPS Fit calls itself a “habit change platform,” as it motivates young people to practice a healthy lifestyle while caring for the environment.
It rewards you for doing new physical activities, such as cycling your way to the office instead of using public transportation or walking your way to the mall instead of using your car. Its main goal is to support your health while sustaining a clean environment.
2. NFT BIKE RACING
METAVERSE MARKETPLACE
GPS Riding launches of the World’s First NFT Bike Racing Metaverse Platform powered by the GPS NFTs where anyone can bike and earn, and contribute to ecosystem.
GPS bike racing universes via digital platforms allow players buy, rent and sell NFT bikes with token to earn. Unlike racing in real life, the difference is that all racing events are digitalized. Yes, it is a digital bike race ownership. A digital bike will be either fully owned by a user or shared by multiple users in fractional shares. Users can buy exclusive NFT bike with $GPS or joining a race to share profits when racing. In the future, GPS Riding will build for tokenizing real world assets, all NFT bikes are backed by physical counterparts.
Players will also be able to upgrade and then earn profits by selling bikes to collectors and investors.
The overall value of any NFT bikes will be determined by its rarity, speed, stamina, and recovery. GPS Riding NFT bike reacing webapp and app platform allows you to see results, current standings, winnings and more.
The main function of GPS is offering bike racing events. Users can generate income when bike run in races and a percentage of the prize pool will be paid to the top three bike in any race.
$GPS Token Metrics & Distribution Model
- Total Circulating Supply: 5,000,000,000 $GPS tokens
- Seed Price : 0.002 US$
- Private Price: 0.0035 US$
- Public Price: 0.005 US$
- TGE Price: 0.01 US$
- Initial Market Cap: 475,000 US$
In terms of distribution, this is what it looks like:
- 5% Seed Round: Tokens for supporting initial market research and early product development
- 10% Private Sale: Tokens are available for strategic partners and institutional investors. The private sale round has a lower rate than the public sale, have long-term companionship with the project.
- 2% Public Sale: Token is launched in the market, open access to the public and is made available to all investors for purchase.
- 25% Ride To Earn: Tokens for rewarding users to earn GPS through running, walking, biking and racing activities. This is to encourage user participation in the game and to maintain traction.
- 16% Staking Rewards: Tokens are incentive that GPS Ecosystem provide to users. The staking period will last three years after launch, this will encourage long term holders to participate in staking and earn rewards.
- 5% Treasury: Tokens will be reserved for foundation to help protect the future and long term growth of the platform.
- 14% Team: To ensure that project’s team and founders stay aligned with our project and token holders on a long-run.
- 5% Partners & Advisors: These tokens are allocated to the project advisors, who help to consult, guide, and support the project in all related activities.
- 15% Marketing: Tokens for marketing, ecosystem-building initiatives, scale project to new global markets, growth, partnerships, and exchange listings.
- 3% Liquidity: GPS will be adding liquidity pools to several Dex and Cex to ensure a healthy secondary market, enable the trading pairs for GPS.
Token Release Schedule
- Seed Round: 10% on TGE, linear vesting over 10 months
- Private Sale: 10% on TGE, linear vesting over 10 months
- Public Sale: 20% on TGE, linear vesting over 6 months
- Ride To Earn: 0% on TGE, linear vesting over 10 months
- Staking Rewards: 0% on TGE, linear vesting over 12 months
- Treasury: 0% on TGE, linear vesting over 12 months
- Team: 0% on TGE, 12 months cliff, then linear vesting over 20 months
- Partners & Advisors: 0% on TGE, 12 months cliff, then linear vesting over 20 months
- Marketing: 15% on TGE, linear vesting over 10 months
- Liquidity: 50% on TGE, linear vesting over 10 months
About GPS Riding
GPS Riding ($GPS) is a community-driven web3 ride-to-earn fitness metaverse platform and is The World’s First NFT Bike Racing Metaverse for GenZers and non-crypto natives.
About BapeSwap
BapeSwap is Building financial offices by making DeFi as a more straightforward exchange elective, as well as building a commonly gainful framework for everybody by streamlining a framework that is adaptable, secure, and on a very basic level better.
SOURCE: https://twitter.com/BapeSwap/status/1561755880290324481
