BOXTradEx Research: An In-depth overview of Runnow

BOXTradEx
5 min readAug 2, 2022

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KEY METRICS

  • Category: M2E, SocialFi, FitFi, Metaverse, Web3
  • Ticker: $RUNNOW
  • Blockchain Network: BNB Chain
  • Token Supply: 1,000,000,000 USD
  • Project Valuation: 14,000,000 USD
  • Initial Token Circulation: 14,000,000 USD
  • Initial Market Cap: 196,000 USD
  • Total Raise: 1,620,000 USD

A. INTRODUCTION

1. PROJECT OVERVIEW

Runnow.io is a Lifestyle Gamification — Move & Earn project. The Runnow team aims to build a healthier world by encouraging people to take steps in daily exercise. By joining multiple sports and competitions, users can improve their physical health, earn valuable in-game rewards, connect with communities worldwide, and support those in need.

Vision
Building a healthier, inclusive, and sustainable world where people not only take care of themselves but also care for others.

Mission
Encouraging people to take steps in daily exercise and participate in social activities for a healthier world.

2. GO-TO-MARKET STRATEGY

The team focuses on theVietnam and Turkey markets and can spread to Asian markets such as Indonesia, Thailand,..
Runnow also has some advantages in a product such as Variety of NFTs, Statue and Rarity for NFTs and different play-mode so users can experience and also attract the attention of sponsors and big brand names.

B. PRODUCT DETAILS

1. PRODUCT VIABILITY

2. TECHNOLOGY

Runnow is empowered by the BSC network. Although newly developed in 2020, BSC is a ground-breaking smart contract platform that users in the next generation of blockchains, with minimal transaction fees and the capacity to perform thousands of transactions per second as standard.
The system is meant to be infinitely adaptable using subnets, according to a revolutionary scientific methodology. Then the team will cross-chain to ETH and Polygon shortly to gain a variety of users’ data.

3. PRODUCT DIVE

Please via 2 following links below to see the detail of Runnow’s Product Dive

+ WhitePaper (Page 16 — Gameplay)
+ Gameplay and Earn Mechanics

4. PROJECT ROADMAP

5. REVENUE STREAMS

C. TOKEN ECONOMY

  1. TOKEN UTILITIES

Tokens: $RUNNOW and $RUNGEM

$Runnow: Main and Listing token

  • Buy NFT
  • Upgrade NFT Level
  • Mint NFT
  • Vote DAO
  • Staking and Farming

$RunGem: Reward Token

  • Upgrade NFT Level — Mint NFT
  • Repair NFT
  • Buy Food/Fashion — PvP Fee
  • Reset Attribute

2. FUNDRAISING STATUS

Seed Sale

Fundraised: 300,000 USD

Price: 0.01 USD

Lock-up: 0% at TGE, Cliff for 3 months then linear monthly vesting in 12 months

Private Sale

Fundraised: 480,000 USD

Price: 0.012 USD

Lock-up: 0% at TGE, Cliff for 3 months, then linear monthly vesting in 12 months

Public Sale

Fundraised: 840,000 USD

Price: 0.014 USD

Lock-up: 20% at TGE, 1-month cliff, then linear vesting in 3 months

3. TOKEN DISTRIBUTION

4. TOKEN RELEASE SCHEDULE

D. BACKGROUND

  1. TEAM
    General Information

CEO
Mr William Nguyen

Founder & Chairman K-Group Global / KBG Studios / Co-Founder GemUni
Info: LinkedIn

CTO
Mr Viet Duong — Deputy Chief Executive Officer at K-Soft

Having more than 15 years in information technology, Mr Duong has developed a large base of technical experience in database management systems and e-commerce applications.
Info: LinkedIn

CMO
Mr Brian Tran

10 years of experience in marketing for fast-growing tech startup companies. Mr Brian is responsible for the company’s growth, P&L, and communications strategies, setting the marketing budget and analysing the market and competitors.
Info: LinkedIn

2. Partners and Backers

ABOUT RUNNOW

With the mission to encourage people to take steps in daily exercise and participate in social activities for a healthier world. Runnow’s vision is to build a healthier, inclusive, and sustainable world where people not only take care of themselves but also care for others.

Follow RUNNOW on:
Website | Twitter | Telegram | Discord

About BOXTradEx

BOXTradEx is a GameFi Meta-ecosystem NFT marketplace to bridge the gamers, game studios, and eSports/Guild into GameFi wonderland. We are also a cryptocurrency exchange, providing such as spot trading, automated trading tools, and fiat-to-crypto service. We aim to build a crypto-platform with a forward-looking concept to provide entry-level products and services for everyone based on security and legal compliance.

|Telegram | Discord | Twitter | Youtube | Website |

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BOXTradEx
BOXTradEx

Written by BOXTradEx

Crypto-Exchange with in-built trading bots. Multi-Liquidity Pool Connections, High Security, Build for Trader.

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