Executive Summary

What if we could offer a revolutionary fusion of Biotech and the Blockchain, Incentivising a healthier lifestyle with Web3 mechanics!

Project Phygital aims to empower people to lead healthier, happier, and self-confident lives while turning the entire health journey into a stress-free and fun experience. With our technology, users can perform any activity they love, track the activity with their device, and earn rewards whilst contributing to the local area.

The project would have a positive impact on physical/mental health, reducing stress on public systems, and potentially create job opportunities. Integration with blockchain technology presents an ESG friendly option for the start of self-sustainable smart cities where a fusion of biotech and blockchain can offer a new and innovative solution to the increasing demand for electricity whilst promoting a healthier lifestyle.

The Phygital protocol, platform & app represents a unique investment opportunity for those looking to invest in innovative, sustainable technologies that can help create a more efficient, equitable, and sustainable future. With its potential to revolutionise the way that energy is generated and distributed, Project Phygital represents just one example of a truly cutting-edge investment opportunity.

Powered by blockchain technology, ‘Project phygital’ would encourage participants to stay active and receive rewards in the form of project tokens or NFTs, which can be conveniently traded for other digital assets whilst providing small amounts of clean renewable energy to the local area. The protocol is highly accessible and user-friendly, with a wide range of wallet options and integrations with other platforms and services. This makes it easy for users to get started and to use it as part of their daily routine.

Key Problems With Fossil Fuels

If we do not switch to renewable electricity and other renewable energies, we face several problems, including:

• Climate change
• Air pollution
• Water pollution
• Land degradation
• Health impacts

It's time to make the switch to renewable energy sources!
 

Renewable Energy Solutions

Integration of Project Phygital into the kinetic floor tile is a powerful example of how blockchain technology can be used to create smart, sustainable cities. By using the blockchain to link, track and verify electricity generated by the floor tiles, it becomes possible to create a transparent and auditable record of the energy generated.

Customised blockchain technology such as Project Phygital can be integrated to incentivise users to participate in the energy generation process. This can be achieved by creating a reward token that can be earned by using the kinetic floor tiles and contributing to energy generation. By offering a reward token we can incentivise more people to participate in the process. The token could then be used to redeem rewards or discounts from local businesses, creating a positive feedback loop that benefits both the individual and the community.

In addition to generating a small amount of renewable energy, this approach also helps to raise awareness about the need for sustainable energy sources and to reduce our reliance on fossil fuels. By creating a tangible and accessible way for people to contribute to the energy transition, we can empower individuals to take action and make a positive impact on the environment.

Overall, the use of Project Phygital and kinetic energy provides a creative and innovative path to start tackling the problems associated with fossil fuels.

By generating renewable energy and incentivising users to participate, we can work towards a more sustainable and environmentally-friendly future.

User Benefits: The protocol is highly accessible and user-friendly, with a wide range of wallet options and integrations with other platforms and services. This makes it easy for users to get started and to use it as part of their daily routine. Powered by blockchain technology, Project Phygital would encourage participants to stay active and receive rewards in the form of project tokens or NFT’s, which can be conveniently traded for other digital assets whilst providing a small amount of clean renewable energy to the local area.

Decentralisation: The decentralised nature of the blockchain makes it less vulnerable to interference or manipulation. Ideal for managing future critical infrastructure such as smart city energy systems.

Decentralised Ledger: The blockchain technology operates on a decentralised ledger, meaning that it is not controlled by any single entity, transactions are verified and recorded on a public ledger for all users to see and are immutable.

Customisable: The protocol is highly customisable, allowing users to tailor the technology to their specific needs and requirements.

Increased Transparency: The use of blockchain technology in the kinetic tile system provides increased transparency, as all transactions are publicly recorded and verifiable, making it easier to track and verify the energy generation and usage. This data can be processed automatically, reducing the time and cost associated with manual processing.

Secure Transactions: Blockchain technology offers secure transactions, as the data is encrypted and cannot be altered.

Automated Payments: By using this technology, payments can be automated and processed in real-time, eliminating the need for manual processing and reducing the risk of errors.

Increased User Adoption: By offering a simple and easy-to-use app/platform for accessing the blockchain and tracking energy generation and usage, the integration of Project Phygital with the kinetic tile system is likely to increase user adoption, making it easier for people to participate in the energy generation process.

Increased engagement: Incentives for people to generate small amounts of electricity through kinetic floor tiles and receive rewards in the form of tokens, encouraging community involvement in building a sustainable future.

Energy harvesting: The kinetic floor tiles can convert the energy generated from human steps into small amounts of useful electricity, providing a new source of renewable energy.

Improved User Experience: The app would offer a user-friendly interface for accessing the blockchain, making it easy for people to participate in the ecosystem and use the tokens.

Community-Driven: The community plays a key role in the development and direction of the project via a governance token, ensuring that it meets the needs and expectations of its users.

Token Incentives: The project aims to launch 2 tokens, token holders can earn rewards for participating in the ecosystem and contributing to the growth of the network.

Scalability: The protocol is designed to be highly scalable, allowing it to support large numbers of transactions and users.

Smart City Applications: The protocol by default is designed and carries the capability to integrate with smart city applications, allowing cities to use the technology to manage energy and resource consumption more efficiently and effectively.

Market

The Move2Earn market refers to the market for energy-harvesting products and services. This market is growing rapidly, driven by the increasing demand for energy-efficient and environmentally friendly solutions.

Project Phygital in addition to the Move2Earn market provides small amounts of renewable energy and is a factor in separating us from any current competition.

Until 2022, the fitness industry was only focused on content generation and consumption. Unfortunately, due to Web2 structure, the economic value created through these two activities was captured by platforms and eventually platform owners. Thus, leaving content creators and consumers at the bottom of the value chain.

Web3 is giving power back to participants, content consumers or app users are now able to continue doing what they do i.e., jog, walk or run, and earn rewards in crypto.

This creates a win-win for both - app and users. The users are incentivised for using the app and the protocol attracts more users by rewarding them in its native token.

Stepn, as a leading player in the Move2Earn market has a market capitalisation of over $226m. With its innovative technology and strong partnerships Stepn has attracted a large and growing customer base, including major corporations, governments, and individuals.

Stepn, as a part of the Move2Earn market, has established itself as a leader in the space by utilising blockchain technology to create a secure, transparent, and efficient platform for tracking and rewarding physical activity with its unique tokenomics and innovative approach to incentivising healthy habits.

The Move-to-Earn protocol has a current market capitalization of $399m. This reflects the strong demand for the technology and the high level of investor confidence in its future growth potential.

The market has a CAGR of 21.3% from 2022 to 2029, it is predicted that the market for play to earn/move to earn/NFT games will increase from $755m in 2022 to $3.6bn by 2029.

Future Services & Benefits

Project Phygital has the potential to offer a number of services and benefits. The integration of the kinetic tile is just one example of providing an incentivised way to create a secure and decentralised system for tracking and managing energy generation. This could include the following services alongside the user incentivised platform:

Energy Trading Platform (DEX): The kinetic tile could be used to generate electricity through tracked human movement and this energy could be traded on the platform as a token. This would allow individuals to not only trade the tokens but to sell excess energy tokens to other users which could then be redeemable against a marketplace of goods and services. This could also help to reduce the dependence on traditional energy sources as the ecosystem grows.

Decentralised Energy Management: By integrating the blockchain with the kinetic tile on large scale projects, it's possible to create a decentralised energy management system that would allow for real-time monitoring and tracking of energy generation and usage. This could help to reduce energy waste and increase the efficiency of energy management.

Potential Services & Benefits

Smart City Applications: The integration of the blockchain will allow smart city applications for example; retail premise installations to attract footfall and sales, smart lighting systems, smart traffic management, and other energy centric applications.

Secure and Transparent Transactions: The use of the blockchain would allow for secure and transparent transactions between energy producers and consumers. This would help to ensure that energy transactions are transparent and tamper-proof, which could increase trust in the system.

Overall, the integration of Project Phygital with a kinetic tile has the potential to offer a wide range of services that can help to increase the efficiency of energy generation and usage while also supporting the growth of smart cities.

Tokenomics

The tokenomics are designed to create a stable, secure, and fair platform for fast, low-cost transactions, and to encourage widespread adoption of the protocol as a currency for daily use.

The tokenomics of the protocol will incentivise and reward users for participating in the ecosystem. The tokens are used in the application, users will be able to spend their tokens on the market place to redeem offers and can be generated by participating in the ecosystem such as generating small amounts of electricity with the kinetic floor tile.

The tokenomics can be broken down into three main components: staking, voting, and use within the ecosystem.

Staking: Tokens can be staked for rewards, incentivising users to hold onto their tokens and support the network. This helps to secure the network and increase its value over time.

Voting: Governance tokens are used for voting on proposals within the ecosystem. This allows users to have a voice in the direction of the protocol, and helps to ensure that the community is aligned with the vision of the project.

Use within the ecosystem: By generating electricity you will receive rewards in the form of tokens. Reward tokens can be used to access a marketplace and to participate in the kinetic floor tile program. In the future, tokens could be used to power the smart city applications amongst other things.

Token Generation: Tokens are generated through various activities within the ecosystem, such as participating in the energy generation program, staking the token, and participating in the protocol governance process. Tokens are used on the platform and can be used in the marketplace to help with upgrades and received in rewards.

Token Distribution: Tokens could be distributed among different stakeholders, such as energy consumers, stakers, and the protocol team. The exact distribution of the token will depend on the specific use case and implementation of the protocol and could include incentivising users to achieve certain levels on the phygital app by completing physical activities before unlocking.

Token Staking: Token staking is a process where token holders can lock up their tokens to earn rewards, similar to interest. Staking incentivises token holders to hold onto their tokens and participate in the growth of the protocol’s ecosystem, while also providing a source of liquidity and stability to the platform.

Overall, the tokenomics of the protocol are designed to support the growth and sustainability of the ecosystem, while also providing benefits and incentives for different stakeholders to participate and contribute to the platform. This can be achieved by utilising smart contracts and decentralised exchange platforms to allow for seamless and secure trading of the token. Additionally, established strategic partnerships with key players in the cryptocurrency and technology industries would help to drive adoption and increase the visibility of the token.

Inflows & Outflows Streams

Phygital Revenue: Project Income

In-App NFT Purchases

Active Wear Minting Fees

In-App Trading Fees

DEX/CEX Trade Fees

Active Wear Renting Fees

Phygital Expenses: User Income

NFT holders’ Rewards

$YYY Rewards