On Day two of the CoinGeek London conference, three of the top companies pitching Bitcoin businesses took the stage to present. Bitcoin Association’s BSV Venture Pitch Day gives developers and projects the chance to present their business to investors, and Looter, Memento, and ActivitySV all shared their visions and information regarding the companies they are building. Let’s take a look at these three projects and what they do.
Looter is a social fitness application. Looter pays individuals for submitting their exercise data and allows them to collect, store, analyze, and even sell this data. In addition, Looter allows individuals to participate in a gamified exercise ecosystem. Users of the application can set up checkpoints called ‘loot boxes’ in fitness areas, like a running route, for example, and other individuals who are exercising in that area can unlock the loot box and receive a bitcoin payment if they satisfy the conditions ascribed to the box. Users of Looter can also sell their data to third parties interested in fitness, such as insurance companies. Ultimately, Looter is incentivizing individuals to get more exercise and rewarding them for exercising.
An on-chain social media app, Memento has a similar look and feel as Instagram, however, it solves a number of the problems that traditional social media websites like Instagram currently have. On Memento, you upload photos and receive a payment anytime someone executes an action (likes, comments, etc.) on your image. Because you own all of the data you publish to the platform, you own all the rights to your artistic expressions.
This app is perfect for social media influencers who are currently using social media networks for free, receiving a significant amount of engagement on their photos,