Runfy (RUNF) is an emerging Metaverse platform to help people to maintain good health habits through an incentivized approach.
In this guide, you’ll learn the essentials about Runfy, including its business model and why you may love Runfy’s value proposition.
What are Runfy and Runfy Token?
Runfy is a Binance-based platform comprising two Metaverse universes known as the RunfTR (or Runfy Trainers) and RunfShop (or Runfy Shopping). The two Metaverse universes will be powered by Runfy’s native token, RUNF.
Highlighting further the above-mentioned Runfy terms, we have:
1/ Runfy Trainers (RunfTR)
This is the universe dedicated to getting health counseling, training tips, and diet programs that help users keep fit all the time. Users with health challenges can also get expert advice on how to live a healthy and normal life.
The RUNF token will be essential in getting all the necessary packages, that come in the RunfTR universe. RunfTR is specifically designed for those who may be interested in maintaining slim bodies or those that have diet disorders.
2/ Runfy Shopping (RunfShop)
After getting all the necessary tips from the Runfy Trainers Metaverse universe, users may navigate to Runfy Shopping (RunfShop) to get the necessary kits they need.
Runfy Shopping is designed as an open marketplace where buyers and sellers may interact and exchange new and fairly used kits and fitness materials, as well as tools needed in the Runfy Virtual training Metaverse facility. Like the RunfTR, the RUNF token will be used to get these materials.
Like many DeFi establishments, the RUNF token is needed to run the daily activities and facilities in the Runfy ecosystem. The token will also be used to invest in Runfy through soft and stake-to-earn staking models. Users may as well participate in challenges on Runfy using this token. Rewards will also come through the RUNF token.
Runfy business model
Runfy operates a simple “3 in 1” business model which is distributed as follows:
1/ Train and lose weight. Runfy aims to disrupt the gym industry with its value proposition of helping people from across the web. Interested enthusiasts can easily navigate the platform through the RunfTR Metaverse universe and get expert tutorials and training challenges that could set them on track to gaining fitness.
2/ Earn rewards as you train. It doesn’t stop at training, users earn rewards when they complete challenges. This model encourages more healthy living among users and attracts non-users to join challenges on Runfy. With the incentive, Runfy believes it can attract everyone to join hands in making its platform a fun-to-be universe.
3/ Invest in crypto using the RUNF token. Users can stake their RUNF tokens and earn annual yield percentages (APY) along the line. Asides from staking, users can trade the RUNF token on Runfy’s centralized and decentralized exchanges alongside other top altcoins of choice.
How Runfy makes money
Here is what to know:
a) Runfy makes its money through fees generated on its centralized and decentralized exchanges (CEX and DEX).
Runfy charges a 5% fee for every transaction on its centralized exchange; that is for every “buy or sell” order placed on its centralized exchange, you pay a 5% tax fee regardless of the token traded.
For Runfy’s DEX, you pay a 5% reward pool fee and a 2% liquidity pool fee, depending on which section you are more active on.
b) Runfy also makes money from its Metaverse platform. For instance, to participate in certain expert programs on RunfTR, you pay a service fee which helps the platform maintain the program and pay experts on the program.
Runfy is actively working hard alongside its industry-experienced team, developers, and partners to engage people from around the world to put hands on deck and make its platform a force to reckon with. Anyone can get started by buying its native token, RUNF through presale or any crypto exchange of choice.
Disclaimer: This is a paid release. The statements, views and opinions expressed in this column are solely those of the content provider and do not necessarily represent those of Bitcoinist. Bitcoinist does not guarantee the accuracy or timeliness of information available in such content. Do your research and invest at your own risk.
