The FRV Token
The Fitrova (FRV) cryptocurrency is designed to primarily serve the Health & Fitness industry by way of providing a clear and concise payment system together with harnessing blockchain technology to maintain accurate billing and membership details aswell as logging user flow and sharing individual client goals and feedback amongst internally linked health & fitness clubs that are part of the branded network.
Fitrova Implemented Blockchain Technology (FIBT) allows health and fitness clubs to gain more control over day to practices. FIBT also provides added benefits through use of Smart Contracts.
Fitrova will be at the heart of blockchain development in the Health and Fitness industry. As such, new and exciting blockchain applications, most of which have not yet been thought of, will eventually be developed over a greater timeline with the overall goal of providing a more seamless and robust systematic process.
Fitrova Tokens have many advantages over the mainstream and being an ERC20 Token, FRV Tokens utilize the Ethereum network by being able to provide Trackable Tokens through Smart Contracts and Secure Privacy through a Global Payment System.
Fast & Inexpensive
Accurate Client Records
Membership Logs & Timestamps
Our whitepaper fully introduces the Fitrova concept, walks you through the benefits and advantages and explains in detail the problems with the health & fitness industry and provides the answers to how the Fitrova FRV Token is the solution.
Fast, Inexpensive & 100% Reliable
The FRV Token offers easy and effortless payments whilst avoiding expensive costs of blockchain transactions and data storage. Fitrova also delivers a sustainable network capable of delivering lighting fast transactions and the distribution of important client data.
Fitrova Implemented Blockchain Technology (FIBT)
This new innovation will allow health and fitness clubs to gain more control over day to practices and providing added benefits to club owners through use of smart contracts.
Secure Client Privacy
Holding client particulars such as DOB, Address and other related details about a person needs to be kept out of wrong hands and only shared with the appropriate health club that the client has given permission to directly. Fitrova secures private information about a client/member is now part of the integral blockchain network which secures against possible data breaches.
Accurate Client Records
Having an up-to-date record keeping system capable of documenting individual transactions within a secure business ledger is important for any health club to sustain its growth by not only retaining existing members but also acquiring new clients. As such membership information is now seamlessly fully integrated within the structured blockchain for precise record keeping and secured against any fraudulent transaction history.
Membership Logs & Timestamps
Logging each member’s visit with an accurate timestamp including the exact time and date he/she has accessed the health club along with which piece of equipment if any has been used will aid with tracking user flow and equipment negligence. Now each visit can now be fully tracked with an exact timestamp of entry/exit to the premises along with being able to trace the start time & duration of individual equipment use.
FRV Token Details
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- 33% Research & Development
- 26% Marketing & Acquisitions
- 16% Business Development
- 14% Network Maintenance
- 11% Team & Partners
Where Fitrova can be used
The Best In The Industry
Meet The Experts
Frequently Asked Questions
The following companies are already in partnership with us:
- Anytime Fitness
- Fitness First
- Planet Fitness
- World Gym
- Club One
- LA Fitness
- 24 Hour Fitness
In our roadmap we do have a plan to acquire even more clients through ‘partnership acquisitions’ over and above the ones mentioned.
We are fully SEC compliant and as our HQ is based in Australia, there are no restrictions set or internal policies on our side to prevent any countries from participating. There will also be no need for us to hold a KYC however the laws governing tax implications of your country is entirely your responsibility.
We are sorry but we are not a charitable foundation and thus we run a professional business just like any other profitable company.
After the Softcap is reached, all unsold FRV tokens will be burned after all rounds in the ICO complete.
A coin burn is a way of quickly increasing the growth of the coin. Coin burning is actually called proof of burn. Proof of burn is a protocol used by various altcoins to reduce the current available supply, whereby a specific portion of coins in circulation is sent to a wallet no one has access to. This eliminates these coins from being spendable, although they will remain to be a part of all of the existing coins ever to be generated. Proof of Burn transactions are also recorded on the blockchain, providing proof that the coins would never be used to transact again.
Preventing a ‘dumping of coins’ is high priority and as such, when FRV is released on exchange the regulation of a set maximum daily FRV to be sold will be set. This will prevent a ‘coin dump’ from happening and will also aim to stabilize the value of the FRV token so the value does not drop too rapidly.