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Set the parameters for your challenge: duration in weeks, weekly workout quota, mins per workout, avg cost of a missed workout. Nceno will hold onto everyone’s cash while they meet the weekly quotas set forth by the goal parameters.
Record the workouts throughout the week. Meet the quota and you’re safe. Fall short and part of your cash is sent to the people who met the quota. You will receive token payouts for every workout you log. Continue until you go broke.
A host (usually a brand or business) will host a challenge with the parameters: start/end, distance in km, tokens per km, and total tokens. Once the challenge starts, you can log your workouts to start getting tokens. Make sure to follow the quickstart guide.
Remember your passwords!
Recommended wearable/app pairs
Pausing during a workout lowers the avg HR.
Verify and log workouts right after you do them.
Absolutely not. You are the only deciding factor of your own success in the challenge you join or create. There is no element of randomness that determines whether or not you recive your money back.
Nceno is not competition. In fact, so long as you complete the workouts you set or agree to, the worst that can happen is that you earn all of your money back, even if everyone else in your challenge also completed all of them or more.
Nceno uses Strava as an oracle because almost any wearable fitness tracker can be connected to it. It is also one of the most secure platforms when it comes to storing and accessing your data. When you log a workout, Nceno’s smart contracts communicate with Strava to determine if you get a payout. Strava also has lots of cool features that allow our users to interact with each other.
In the future, we may decide to allow other wallets, but for the time being, we will be requiring Portis because of its excellent user experience for all levels of blockchain users and low barrier to entry.
Currently, the cap is 10 users per challenge. We may increase this in the future.
If you set a challenge that nobody joins, it will still start and end as planned. You may not cancel or leave a challenge once you deposit stake. If nobody joins, you may reconsider the parameters you chose. See “Should I play it safe by setting an easy challenge?”. When the challenge starts, you should still log workouts to get your stake returned to you, but there will be no profit that you can make since nobody else is there to fail, and you cannot claim your own lost stake.
You may set and join as many challenges as you like, all at the same time, since you must pay the buy-in for each. You may also “double spend” your workouts (i.e. workout once, and then log it in all of the challenges that you are a member of.) You may not combine multiple workouts to form a single one though. Also note that you may only register one wearable to your wallet at a time.
In the future, we will set this as an option, but currently, you cannot.
If you set a challenge that is “safe”, the result may be either a) people join, but everyone completes all of the workouts resulting in no reward for anyone. Or b) other people already realize a) and don’t join, leaving you to complete the challenge by yourself and still not getting a reward. Thus, to maximize your potential payout, you should only set or join challenges which you consider challenging.
A workout is a continuous span of time for which you are moving and your average heart rate is measured to be above a threshold. Currently, that threshold is 125bpm, and the challenge creator sets the time duration. In the future, we will allow custom heart rate zones as well. Nceno uses a combination of sensor data including: steps, GPS, accelerometer, and heart rate to determine to what extent a user is exerting themselves. Nceno uses average heart rate so that it is possible to take resting periods without splitting the workout into multiple segments.
Nceno is not a fitness tracking app. It is a platform for hosting, and managing group fitness challenges for a payout. Nceno uses Strava to check workout data, which in turn uses other apps and wearables.
Nceno does not use humans to verify workouts, so the problem may be one of 3 things: 1) the transaction was not successful (check the transaction on etherscan.io (fast) or email email@example.com (slow)), 2) your wearable was not configured with Strava properly, or 3) Your workout did not meet the minimum parameters set in the challenge.
Nceno uses a combination of sensor data including: steps, GPS, accelerometer, and heart rate to determine to what extent a user is exerting themselves. Thus, it is not possible to shake your wearable to log a “walk”, or artificially elevate your heart rate and sit in the corner to log an “HIIT” session. This does not rule out the scenario that someone has their friend do the workout for them, but that would be similar to the case where a real athlete joins your challenge. Realize that even if someone does this, they only stand to win their own stake, as long as you do all of your workouts. Finally, Nceno has a strict no-cheating policy. If any users are found to be conspiring to gain an unfair advantage against other users in the same challenge, their stake will be frozen and redistributed to the victims. Also see: “What constitutes a workout?”.
You do not earn extra money if you exceed any combination of the challenge parameters. If you log multiple workouts in a day, only the first one that qualifies will earn you a payout.
You may only claim lost stake from the previous week. This is so that everyone has the freedom to schedule their workout days whenever they want during the week.
If there is no lost stake during a week or during a challenge, the best that everyone can do is to just earn their stake back. If you frequently encounter this situation, you may want to consider only joining or creating challenges with “interesting” parameters. See “Should I play it safe by setting an easy challenge?”.
Oh, so you’re either super motivated, or super disciplined, eh? ;) If you are 100% adherent to your challenge, then on average, our statistics show that you will make around a 15% profit on top of your buy-in, though it might even be more! If you want to see how we arrive at this number, check out our whitepaper.
Right now, there’s no real need for a mobile version of Nceno. In the near future though, we will be developing the mobile version packed with more features! Stay tuned…