Overview
Last updated
Last updated
CALDANCE (Calorie Dance) is a blockchain-based project that utilizes features such as digital tokens, NFT digital asset rights, and smart contract data rewards economies in the Web 3.0 world. The project allows users to exercise and upload their health data contributions using certified physical fitness equipment or specific branded wearable sports watches authorized by the project.
By forming genuine brands and reliable data through hardware, a new innovation ecosystem combining virtual and real health and exercise is created.
The innovative economic model of Web 3.0 blockchain fundamentally redefines and changes traditional business models from the bottom up. The incentive model combined with data contribution is a revolutionary blow to the traditional industry in Web 2.0.
The CALDANCE project focuses on the sports and fitness market, which has a market size of billions of dollars and millions of users worldwide. CALDANCE will become the first Web 3.0 project to convert exercise data generated from fitness equipment and wearable hardware products into trusted computing power and receive rewards.
According to market research conducted by the American College of Sports Medicine (ACSM) and Allied Market Research, the global fitness equipment market has shown a positive upward trend in overall size from 2010 to 2020. The market size increased from $7.71 billion in 2011 to $12.42 billion in 2020. It is expected to reach $17.2 billion by 2026, with a compound annual growth rate of 5.55% from 2020 to 2027, indicating a relatively stable overall growth rate.
In terms of wearable hardware products, the market has a user base of over 500 million. In particular, Apple Watch holds more than 50% of the market share in the advanced operating system (HLOS) hardware market. The cumulative global shipment of Apple Watches has exceeded 150 million, and the current number of active users exceeds 100 million. There is a significant overlap between the Apple Watch user base and the hardware fitness equipment user base.
The global health and fitness market is estimated to be around $4.2 trillion, with a projected compound annual growth rate of 4% over the next decade. By 2023, it is expected to surpass $5 trillion, creating enormous commercial opportunities in this sector. The large user base in this market segment presents an opportunity for new users in Web 3.0 and Crypto World.
Through incentivizing healthy and exercise data, CALDANCE aims to turn exercise into a lifestyle for millions of players, encouraging them to focus on their health and achieve their best selves.
$CDT (Calorie Dance Token) - Governance token
GC (Game Coin) - Gaming token
NFT Digital Assets
CDEV- CALDANCE Pre-order Equipment Vouchers NFT
CDAV- CALDANCE Avatar NFT
CDAC- CALDANCE Accessory NFT
Note: The content was updated on February 20, 2023, and the project will continue to be updated and iterated. The white paper content will be continuously updated accordingly.
