RE: Tokenized World: More Appearing Each Day: Get Paid For.....Walking????
Thanks for the heads-up!
Not really sure what to make of this? On the one hand, it's a nice way to incentivise people to exercise more, which can only be a good thing. And I can see that from their perspective, they have deals in place with product & service providers - for which they'll earn referral fees/partnership fees.
However, and I'm just playing devil's advocate here, I wouldn't be overly concerned (I don't think), but you're giving a lot of GPS/location data to them as part of the exchange. I just wonder whether this (potentially very valuable data) is their real goal, and them selling, or otherwise monetising your whereabouts.
By giving over this data, they'd be able to build a detailed picture of your daily life, which together with other data available to them, and other advertisers/marketers via the market...
That is true....and if they were the only ones doing it at this time, I would think you have a point.
However, since Google or Apple are already doing that through your GPS, the info is sold. At least with this, in theory, you get some type of return (if it turns into anything).
Down the road, as we get the trackers out of our lives, I think this will become an issue.