NEAR India Collaborates with Growfitter to Widen Web3 Accessibility
A collaboration has been witnessed between the largest incentivized wellness company in India “Growfitter” and “NEAR India” (the regional center of NEAR Foundation in India). The partnership is focused on increasing Growfitter’s activities throughout the world. The integration of Growfitter into the NEAR blockchain counts as an important move. It furthers the fulfillment of the firm’s pledge to spread its footprint in Singapore, Dubai, the Philippines, and Vietnam.
NEAR India Partners up with Growfitter to Back Web3 Expansion Worldwide
The forum of the NEAR Protocol is very economic and secure. It can play a vital role in taking the entities like Growfitter to a worldwide audience with no requirement to have a physical presence in the aimed geographical areas. With assistance from NEAR, Growfitter has found a place among the initial ventures in India to transform to Web3 to have a geographical expansion. Furthermore, Growfitter’s future architecture will keep on evolving on the Layer-1 blockchain offering an infrastructure for sharding.
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The company also has a strategy to release its token GFIT (the utility token of Growfitter) to provide rewards to the crypto consumers thereof present on the NEAR Protocol. NEAR India’s Director “Aayush Gupta” stated that their target is to advance the ideas given by the native developers and entrepreneurs that have opportunities across the globe. As per him, Growfitter is a forum that has evolved the fitness and health business in India.
Growfitter to Spread Its Footprint around the Globe
He added that the company is continuously growing. It is keeping its eyes on the construction of an entire ecosystem to operate in the defensive healthcare field. With the assistance from NEAR, a broader community could come to Growfitter. The platform was established in 2016 on the behalf of Harshit Sethy and Sanmati Pande. It is a reward-giving company that is devoted to persuading people to embrace a healthier and more active lifestyle. Furthermore, it incentivizes people’s physical activity via substantial financial advantages.
In addition, the app offers accurate predictions on if the person using it is running, walking, cycling, or in a vehicle. To do this, it has an algorithm that senses the motion. Furthermore, the venture has more than 25k premium subscribers while more than 400k monthly visiting consumers. Up to one hundred D2C brands are onboarded on Growfitter. The firm has redeemed nearly $6M worth of rewards since it was launched.
