Users commit to a 30-minute workout and place a stake (e.g., $1). Workouts can include activities like running, weightlifting, etc., and must be recorded on an Apple Watch.
The money collected from all users is pooled together. If a user completes the workout, they are eligible for a share of the reward money. If they don't, their money is forfeited.
The reward for each participant who worked out is based on the percentage of users who also completed their workout. For example, if 50 out of 100 participants complete the workout, each of them would receive $2 from the pool (minus a small fee for the venture).
The primary aim of Exerprize is to promote health, well-being, and fitness through incentivized workouts.
Your Apple Watch will track your heart rate. If you have an elevated heart rate for 30 minutes, you win money.
Users are able to put in money every single day. Daily users will win more money than users who only participate every few days. Earn your money!
Exerprize
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