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2016 September 15
Company Description
SPRYFIT is a reward-based fitness app, packed with games that motivate you to achieve fitness goals and a healthy lifestyle
SPRYFIT is a fitness gaming platform with a cash reward, which let users bet on their fitness. According to the research, there are 58 million people in the United States who pay the average fee of $58 per month for their gym membership. However, 67% of those people said they never go to the gym. In addition, thus far, there hasn’t been a dramatic change in the nation’s health with the emergence of wearables. There are 71M people who track their fitness data. However, half report that the data they do receive has not been sufficient to motivate them to change their behavior. Our solution composes social motivation, monetary incentive, and gamification to motivate our users. Research from Duke, UPenn and Mayo Clinic found that people get strong fitness motivation when they pay Financial Commitment and/or when there is a Monetary Incentive. At SPRYFIT, a user pays an entry fee, then if the user achieves a fitness goal, we split the entry fees among the winners as a cash reward.
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Manufacturer:
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Formed:
September 15, 2016 -
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