Don’t feel motivated enough to exercise? Here’s a smartphone app that pays you for walking! The Go! app counts and verifies users’ steps, with walkers earning approximately one ‘Bitwalking dollar’ — a new digital crypto-currency — for about 10,000 steps or about 8 km.
The application will initially be offered in countries such as the U.K., Japan, Malawi and Kenya. Users can spend what they earn in an online store, or trade their BW dollars for cash, the BBC News reported. The app uses the phone’s Global Positioning System (GPS) and Wi-Fi connections to calculate the distance travelled.
The founders of the project have attracted more than $10 million of initial funding to help launch the currency and create a bank that verifies steps and any transfers.
