inSHAPE Partners up with RegTech firm Sekuritance
InSHAPE has partnered with renowned RegTech company Sekuritance by making use of Sekuritance’s Ancillary Services including reviewing documentation, providing legal services and getting inSHAPE ready for their next token round within their roadmap.
Created through (Proof of Workout) Blockchain, the SHAPE token can be earned by wearing a smartwatch while you walk or exercise, via auto-tracking your everyday activity.
- Fair & Secure: inSHAPE App platform will use sensor fusion, data analysis and machine learning to ensure fair rewards for every user.
- Rewarding: Their store will have sporting goods from worldwide famous brands such as Nike, Adidas, Reebook etc, as well as sports nutrition, online/offline fitness and yoga courses, training programs, vacations, gadgets and much more.
- Easy to use: The modern-looking app interface is designed taking the active users’ perspective and best practices.
- Flexible: The app will support smart-watches such as Apple, Samsung, Huawei etc., as well as activity tracking apps such as Apple Health and Google Fit.
Sekuritance is perhaps well-known for its robust compliance platform offering end-to-end vendor management and KYC, KYB, AML, investor checks, cyber risk assessment, card processing and MFA checks, blockchain wallets inspections, business process management requirements, plus a host of other RegTech solutions. Outside of this, similar to what inSHAPE started utilising, is Sekuritance’s set of legal and compliance-driven ancillary services which include reviewing inSHAPE’s tokenomics, whitepaper and pitch deck, along with other legal services to get them ship-ready for raising funds from VCs and angels. The sealed deal is undoubtedly set to augment and enhance inSHAPE’s token offering all the way down to public sale and TGE. With Sekuritance, it doesn’t stop there, this partnership with inSHAPE will continue to retain Sekuritance’s solutions well after the initial raise, with more information to come.
The Sekuritance RegTech provides a single platform for every compliance need within a business, including end-to-end KYC, KYB, AML, vendor management, beneficiary onboarding, investor check, card processing MFA checks, blockchain wallet checks, cyber-risk assessments, and other RegTech and Business Process Management requirements.
inSHAPE is the first app that uses blockchain technology to reward your workouts. Created through Proof of Workout Blockchain, the SHAPE token can be earned by wearing a smartwatch while you walk or exercise, via auto-tracking your everyday activity.
Only 300M of tokens will be mined for promotion purposes. Later on, only the miners will be able to mine further amounts.