Amazy is an exceptional blockchain initiative that incentivizes users to participate in physical activities. Through this groundbreaking approach, Amazy empowers individuals to earn rewards by embracing a healthier lifestyle. Harnessing the capabilities of crypto and blockchain technology, this platform pioneers creative solutions while fostering positive habits and well-being among its user community.
What is Amazy?
Amazy is a crypto fitness app that centers around two key aims: movement and earning. At its core, the project introduces non-fungible token (NFT) sneakers, which, upon purchase, enable users to generate income as they walk. Operating under the banner of Amazy Realverse, this ecosystem is steadfastly committed to promoting a healthy lifestyle. Diverging from the metaverse concept, the Amazy Realverse encourages individuals to embrace the tangible world around them.
Endorsed by over 350 influencers spanning celebrities and sports icons, Amazy garners support through its robust community-building efforts and unique content channels. The establishment of the Amazy Academy further solidifies its dedication to educating individuals about the realm of crypto. The platform is designed to democratize access, welcoming individuals of all backgrounds. For example, ownership of a sneaker NFT isn't a prerequisite; users can borrow or share the asset, thereby partaking in the earnings collectively. A "learn after earn" approach accommodates non-crypto holders, allowing them to earn before fully grasping decentralized wallets, enabling their seamless entry into the Web3 landscape.
The Amazy team
Amazy finds its origins in the collaboration of two co-founders: Artem Nikolaev, who concurrently holds the role of co-founder at Azur Games, and Sergey Kosenko, a renowned blogger boasting a following of 6 million. Additionally, Sergey Kosenko is the founder of the Kosenko Media Agency.
How does Amazy work?
Amazy is built upon the foundation of a concept known as "move-to-earn" (M2E). This pioneering approach seamlessly intertwines the realms of fitness and NFTs. Participation in the app commences with acquiring a sneaker NFT, unlocking its unique potential. These sneakers come in four distinct variants, each corresponding to different movement speeds. The Ranger sneaker, for instance, activates token accrual at speeds of 1-6 km/h, while the Hiker engages between 4-10 km/h, the Sprinter rewards speeds of 8-20 km/h, and the Coacher facilitates token accumulation within the range of 1-20 km/h. AMT tokens are earned through movement if the account maintains sufficient energy. A unit of energy is expended every 5 minutes of activity, with tokens earned as a default outcome.
Once in possession, these tokens can be employed to enhance both the sneakers' aesthetic appeal and functional attributes. Moreover, as users amass earned tokens, they unlock the opportunity to discover concealed rewards like Chests and Chips. Within each chest lies an assortment of chips that can bolster the attributes of one's sneakers.
AZY: Amazy’s native governance token
At the core of Amazy's digital economy is the AZY token, which serves as the platform's governance cryptocurrency. This designates AZY token holders as active participants in the collective decision-making, collaboratively shaping the platform's evolution.
Through the ownership of AZY tokens, users gain the authority to engage in a range of activities, from casting votes on assorted proposals to initiating their own changes, subject to the approval of the wider community. The token, launched in July 2022, boasts a maximum and total supply of 1 billion units. However, the current circulating supply constitutes 4 percent, equivalent to approximately 40.9 million AZY tokens.
Distribution of AZY
Amazy has thoughtfully allocated its AZY tokens as follows:
- 8 percent has been designated for influencers.
- 7.2 percent has been set aside for private sale 1 participants.
- 2 percent is allocated to participants in private sale 2.
- 1.6 percent has been earmarked for the public sale.
- 11.8 percent is reserved for the dedicated team.
- 14.4 percent contributes to the dynamic token treasury.
- 36 percent is directed towards farming and rewarding users.
- 2 percent has been assigned to advisors.
- 5 percent is dedicated to liquidity purposes.
- 12 percent is strategically allocated for marketing and partnerships.
