will be launched on Gamespad Starter
GamesPad is thrilled to announce an IDO deal with PUMLx, a “Move to Earn” platform that rewards users for living a healthy lifestyle.
The “Move-to-Earn” concept has recently gained notable traction within the crypto industry. As the name implies, the “Move-to-Earn” mechanism allows participants to earn rewards in the form of cryptocurrencies based on various activities, ranging from walking and running to exercising.
Move-to-Earn has already become a multi-million dollar industry and continues to grow aggressively. There are more than a dozen move-to-earn platforms currently available, each seeking to become the go-to place for those who want to earn for doing their routine activities.
That is why GamesPad is thrilled to announce the upcoming IDO deal with PUMLx, a gamified Web3 Move-to-Earn platform.
Look all upcoming IDO here.
25% at the listing date, 3 mo cliff, 15% monthly for 5 months
What is PUMLx?
PUMLx is a Web3 sports, fitness, and wellness company that aims to gamify healthy behaviors and reward users through gamification of both physical and mental health missions. The platform rewards users for completing health challenges such as walking, meditating, sleeping, and more, which helps improve both physical and mental health habits.
PUMLx Key Features
On the surface, PUMLx is a move-to-earn platform that rewards users for completing health challenges. However, here is what makes the platform stand out from the crowd:
- The platform employs a Dual Token Model that involves PUML and PUMLx. PUML is a valueless, infinite supply, in-game only coin while PUMLx is a utility, tradeable, finite supply coin.
- Unlike similar platforms available on the market, users are not required to own an NFT or PUMLx tokens to start earning. PUMLx allows crypto native users to earn rewards using Move to Earn principles.
- A multi-revenue model that offers users several streams of revenue, which include staking and bounty from secondary sales.
- Longer-term challenges designed to actively incentivize long-term exercise and app usage.
- PUMLx also has a dedicated Athlete NFT and Metaverse Wrappable Marketplace that enables the exchange of digital rewards for items in the Meta and real-world (NFTs, Merch, etc).
- Another notable feature of the platform is its compatibility with Apple Watch, Garmin, Fitbit, Samsung, and other fitness apps.
PUMLx employs a Dual Token Model that involves PUML and PUMLx. Here is how each of these tokens works:
PUML is the in-game-only token that enables users to access every experience within the app (like different classes and challenges), as well as in-app purchases. Moreover, PUML will act as a bridge between the Web2 and Web3 worlds, enabling those who are not Web3 native to participate in the PUML app.
- Enter in-app challenges
- Enter in-app classes
- Use for in-app purchases (fitness equipment, wearables, etc)
- Redeem on marketplace
- Bridge to PUMLx
PUMLx is the utility token of the platform, allowing holders to earn staking rewards, swap assets, trade, and more. As PUML will be releasing Digital Wearable NFTs and Athlete NFTs in order to bolster the ecosystem and allow users to unlock more experiences, PUMLx will act as a way for investors to purchase said NFTs.
- Stake to earn via the PUMLx website
- Use to purchase PUML assets i.e. Athlete NFTs, WearX, etc.
- Speculative, market tradeable
- Governance (coming soon)
NFTs will play a major role in PUML’s in-App gamification and user earning potential. The platform’s own NFT collection is WearX (Wearable Watch NFTS), which will be used along Athlete NFTs as challenge entry and reward multipliers within the solo game experience to reward users on a daily basis for adopting healthy habits.
The platform’s metaverse is called Stadiverse, which will be a dedicated fitness metaverse for sports brands, games, and fitness enthusiasts to join competitions in the fitness metaverse.
Investors and partners
- Aves Lair – Aves Lair is a global venture firm with the mission of creating an ecosystem where visionaries, groundbreaking startups, industry leaders, scientists, and investors are brought together to usher the new wave of innovation in the web3.0
- KuCoin Labs – Since its launch in May 2018, the KuCoin investment and incubation program has brought together a group of crypto experts for in-depth market research, analysis, investment, and incubation in the crypto industry
- Polygon Studios – Partner with large-scale NFT projects for globally recognized IP and Brands, and are the best-in-class solution for energy efficiency and scaling on the blockchain
- DWeb3 – DWeb3 Capital is a digital fund focused exclusively on digital assets related to Decentralized Finance, WEB 3.0, and NFT
- SilverFox Fund – Silver Fox Foundation was started in Silicon Valley, with solid experience in Blockchain industry investment, mainly focusing on the Public chain ecosystem, Web 3.0 application, Layer 2, and Storage
- DWF Labs – DWF Labs is a global leading digital asset market maker and multi-stage web3 investment firm, providing support from token listing to market making to OTC trading solutions. DWF Labs seeks to invest and support bold founders who want to build the future of Web3
- Formless Capital – Formless Capital is a cross-border investment fund that invests in the future of blockchain and technologies
- SnackClub – SNACKCLUB is a Decentralized Autonomous Organization (DAO) that changes how people consume games and the internet today.
Before the end of the year, the project aims to launch its mainnet, NFT marketplace, and finish the public sale of PUMLx tokens. Subsequently, in the first quarter of 2023, PUMLx aims to launch Corporate API, finish onboarding new clients, and acquire PUMLx node staking.
In the second quarter of 2023, the platform aims for more Web2 and Web3 brand partnerships, access to the PUML Athlete Hub, and increased metaverse activity. Moreover, it plans to finalize Play to Earn integration with Metaverse Fitness Apps, allowing users to earn rewards for being active in the metaverse.
Why you should invest in PUMLx
PUMLx is an excellent investment option for several reasons. In the first place, it is a unique move to earn platform that allows users to start earning without having to first purchase an NFT or tokens. This could significantly lower the entry barrier and help the platform onboard new users very easily. Moreover, With 250% APR, PUMLx offers a great return on investment.
Not to mention that the platform overall aims to help users maintain a physically healthy lifestyle, making it a great way to promote health and wellness in the community. Eventually, as an Ethereum-based NFT, Staking, and Sportsfi coin, PUMLx has the potential to be a valuable asset in the future.
Follow PUMLx on social media:
❖ Website: https://pumlx.com/
❖ Whitepaper: https://whitepaper.puml.io/
❖ Telegram: https://t.me/pumlofficial
❖ Discord: https://discord.com/invite/puml
❖ Twitter: https://twitter.com/pumlhealthio
❖ Medium: https://pumlhealthio.medium.com/
❖ LinkedIn: https://www.linkedin.com/company/pumlhealthio/
❖ Facebook: https://www.facebook.com/pumlhealthio
❖ TikTok: https://www.tiktok.com/@pumlhealthio
❖ Instagram: https://www.instagram.com/pumlhealthio/
Token ticker: $PUMLx
IDO Date: October 4, 2022
Vesting schedule: 25% at the listing date, 3 mo cliff, 15% monthly for 5 months
How to join the PUMLx IDO on GamesPad?
Are you a newbie and have never participated in the IDO deals on GamesPad? In this comprehensive tutorial, you will find everything you need to know to activate the tier on GamesPad and start investing in deals on our platform. Here are several steps to get started:
- Create a wallet
- Register and complete KYC (Know-Your-Customer procedure)
- Activate your tier on GamesPad:
3.1. Buy $GMPD tokens
3.2. Purchase the GamesPad NFT
3.3. Lock-in $GMPD tokens and NFTs on the platform
4. Join the IDO deal on GamesPad!
You can also staking and farm your $GMPD tokens to activate your tier. Read more in this step-by-step guide to investing with GamesPad.
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