Engine capital strategic investment world\\\'s first intelligent health ecology RunChain
Recently, engine capital EngineCap announced a strategic investment in the world\'s first intelligent health ecology RunChain. In this due diligence, we found that the smart health big data platform based on block chain technology developed by RUN team provided a predictable scenario for the landing of block chain, and recognized its layout planning and achievements in intelligent data. In the future, multi-dimensional cooperation will be carried out in the direction of RunChain\'s intelligent data, institutional node cooperation, landing application and community ecology.
RunChain is the world\'s first intelligent health ecology, which USES blockchain technology, the Internet of things and intelligent contracts to evaluate and quantify the energy consumed in sports. RUN is a trading medium in the RUNChain general certification ecosystem, which enables users to realize value exchange through energy consumption in sports. Based on intelligent data comparison diagnosis, RUN creates a personal sports health file, and in the next five years, a big data platform for sports health with 1 billion person-time will be established.
I. project background
RUN ecosphere takes smart sneakers as the entry point. In the future, it will integrate smart treadmills, smart spinning bikes, smart gyms and marathon events in sports scenes and projects. RUN foundation will integrate global intelligent fitness, sports equipment and RUN usage scenes to create a closed RUN chain. Token obtained by users through sports will be exchanged and used in RUN ecological alliance, completely opening up the sports ecological circle, allowing users to generate value for each portion of energy consumed in sports.
RUN by using decentralized block chain features fundamentally movement within the scope of the whole society\'s value sharing, through the platform to gather the sports and entertainment enthusiasts, activate the small white users and don\'t exercise fitness crowd, realizable way for the majority of the participants to provide more value, and by the provisions of the agreement to let everyone can understand the sports value.
Ii. Ecological composition
1. Economic model
RUN will take RUN token as the carrier to promote the formation of RUN\'s sports and health ecosystem. Users can participate in RUN\'s sports and health ecosystem in many ways.
2. User ecology
When users use the RUN platform service, the static monitoring and monitoring data obtained by the device will be output to the DAPP to form a DAPP personal file, and display the objective records of health and exercise data, so as to form personal health reports and exercise Suggestions and make relevant product recommendations. RUN tokens will be the proof of users\' rights and interests in RUN\'s sports and health ecosystem, and will also bring practical benefits to users.
3. Enterprise ecology
The RUN platform will provide companies with user-generated exercise data for a fee. The main ways to obtain RUN tokens are as follows: dropping candy, purchasing equipment, exercising, completing daily tasks, viewing advertisements, providing sports data, etc.
4. Financial ecology
From the perspective of internal economic operation, the operating cost of the entire RUN sports and health ecosystem lies in the core business cost, financial cost and technology research and development cost, and the revenue sources mainly include project revenue, secondary market profit and investment return. In terms of external value realization, RUNF will provide financial services, mainly in the form of crowd-funding, for emerging sports when they are in urgent need of financial support.
RUN is based on block chain technology, AI artificial intelligence, big data processing and other technologies, and has developed a scientific and perfect scoring mechanism based on various aspects such as the energy consumed by users and the exercise duration. RUN will build Dapp layer, data layer and technology layer based on RAgent intelligent chip and apply to intelligent hardware, smartphone app, etc.
Iv. Development process
Industrial layout (2018.6-2019.8) : Officially in RUNChain 2019.03.01 industry layout, to the world of \"sports concept of data mining combined with health products to break through the scene, assigned to the entity by the science and technology, service creates value as the core, for the hundreds of thousands of sports equipment manufacturers can assign, services more than 700 million people, has established the RUN institute, RUN health cloud, Du Qun operations center and other departments, relying on the real scene, technology system, value of anchor and block chain excited core competition force and the transition, quickly open the industry layout of city node and user base.
Ecological development (2019.8 2020.6) : in adhering to the technology and the integration of ecological, gradually began to hardware manufacturers, offline movement space (gym, playground, etc.), medical and health services, research on the RUN, RUN health cloud and service center based on science and technology, continuously introduce intelligent sports equipment, health, sports, Du Qun operation service series services bring system user increment and value system, at the same time for the assessment of the system scale growth and lay the foundation.
Value soar (2019.08 2020.06) : who is thin hair, when \"intelligent sports equipment\" and \"users of the system total\" service \"and so on comprehensive value reaches a certain size, will market the dividend in the form of the siphon effect in the RUN system and node, service businesses and users will be far above the original block chain field population, sports, health, insurance and other comprehensive services also subsequently, RUN ecosystem value would be to exponential growth.
Bonus release (2020.06 2020.12) : when the RUN system valued at hundreds of millions of orders of magnitude, it must be the ecological system, the results of all the people to build, RUN team will open the \"ecological interests sharing plan\" for all involved in the RUN of shareholders and formal users enjoy the RUN value dividend direct benefits, start the process of \"exclusive health rights and interests\" at the same time, let every supporter and holders to enjoy all kinds of exclusive of health services at the same time, still can obtain the bonus based on the sharing principle to obtain the highest income.
TOKEN allocation mechanism
A billion. Of this amount, 100 million will be used to encourage the teams or individuals that have made key contributions to RUN\'s ecological construction and pay RUN in return. 200 million allocated to the foundation for resource feedback and incentives; 100 million as a nodal reward will be allocated to partners (institutions, third party services, enterprises) in the early stages of the project; 600 million for RUN ecological mining.
6. Half-year planning
Vii. Cooperative institutions
At present, RunChain has obtained strategic investment from famous capital parties and service providers such as node capital, engine capital, ginkgo capital, sujing capital, HIcoin and chainup.