Progress Update #10 — CoralApp has officially entered the multichain realm
Over the last few months we have undergone several revamping mechanisms to build a befitting platform set to revolutionize the wellness and fitness ecosystem. CoralApp is a new generation fitness and wellness app built on blockchain technology. The goal is to deliver the next community centered approach to wholesomeness that is focused on both physically and mentally wellbeing. A space where individuals focus on becoming a better version of themselves with the support of a community ready to cheer each other on!
The last time we met we announced expansion of our target audience encompass not just females, the addition of the virtual and augmented reality (metaverse) and ultimately a more inclusive world means a world where simply no one is excluded.
We have even more exciting news for you. Firstly, we are glad to announce that we’ve been busy! We received a grant from Ocean protocol to explore data staking mechanism. CoralApp seeks to offer a staking and reward system that will flow with how we live our lives and how much information we collect about ourselves. The staking mechanism on the CoralApp will be tied to participation and engagement with different platform features. Asides, from this feature we are actively working on, we received yet another grant from Polygon to develop a MATIC version of the CoralApp phase 1. Polygon is a “layer two” or “sidechain” scaling solution that runs alongside the Ethereum blockchain — allowing for speedy transactions and low fees. This is a great and exciting segway for CoralApp into the world of EVMs.
Furthermore, we are currently conducting a closed Beta test on both Android and iOS devices. We are looking forward to the reviews and feedback from our testers which takes us one step closer to launch on multiple platforms.
Lastly, our unique marketplace is under development to allow CoralApp to crowdsource fitness and wellness content creators who would offer audio and video content as NFTs for sale. We are also building a rental feature on our platform with you in mind. These contents will be accessible from the app but also available on the web. ETA for completion will be by the end of June 2022 after which testing and a third party audit will begin.
Content creators will be invited to participate in being the first 100 wellness and fitness creators on the CoralApp platform. Are you a wellness and fitness content creators seeking to expand your audience? Join the list by filling out this form found HERE.
Strap your seatbelts and get ready for the best wellness and fitness experience yet!
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