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Commit Club — Stake ETH on yourself, make ETH when others fail
Commit Club incentivizes daily challenges and habits. Staked or free. Web3 or email signup. Publicly shared or private to you.
Staked gives you the added bonus of receiving stakes from failed challenges. If somebody fails, you get a portion of their stake.
Staked gives you the added bonus of receiving stakes from failed challenges. If somebody fails, you get a portion of their stake.
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I love the focus but I’m curious: if a customer was crypto-curious but only mostly ready to commit, could they opt for a fiat currency at a reduced/“penalty” reward level? I think that would motivate some to push forward…
@johncbrandy Thanks for the question, John! We've been exploring fiat implementation. For now, users who don't have crypto are still able to commit for free with just an email address.
Congrats on the launch! I wonder if all bet-related tools are destined to remind of old good Go F*cking Do It now? 😅anyways, looks like a great 100% science-based way to build healthy habits. Hope it'll grow big
@edward_sturm congrats on building something that is a very important counter-force to all the temptations in our lives. You might want to check out Cadoo which I built with @colm_hayden. We've wrestled with a lot of the verification issues to avoid cheaters-- proof of work-out-- and currently integrate with Terra and https://www.getguru.fitness/. Once you nail the proof of workout to avoid cheating, you'll have a powerful way for people to bet on their future better selves-- I think that's so awesome. Also check out Zario fora similar approach to self-confirmed challenges to cultivate a healthier relationship with one's smartphone. Good luck and HMU if you want to chat about how Cadoo and Commit Club can work together. We're gearing up to launch our web3 strategy starting with a coin-powered community and evolving NFT avatars. Best of luck!
@colm_hayden @tim_parsa2 Both! Cadoo is awesome! Thank you for all the info in this, it's a treasure trove and I see you've been around for a while. Would love to connect - I'll send a message on LI with my email.
@tatiana_myasnikova Thank you Tatiana!! We like to think we're "live-to-earn" since our uses are so versatile. Daily habits can build success in so many different domains.
Hi @edward_sturm and congrats on your launch! Your project is cutting edge, I really wish you success and will love to try it out 🙏
@frexuz Great question! You just check in manually through the app. You can check in through the dashboard or in the individual challenge page.
For the future, we’re building what we call, “Proof of Trusted Witness,” connecting a blockchain API to oracles - this way you can be verified automatically. Proof of Trusted Witness also protects against cheating.
@edward_sturm I see! :) So atm, there is no 'earn when others fail' right? As anyone can always input 100% success (unless they're honest, but that would lose them money for no reason) :P
@frexuz People still get ETH when others fail - we made this version as a tool for individuals who don't want to lie to themselves. The 'Loser Pool' is like a bonus that we think makes committing to a challenge more fun.
If somebody wants to lie and check in to a challenge they didn't do, it's not exactly bad either. Checking in every day, even if you don't do your habit, at least keeps it top of mind :)
@frexuz @saman_sinaei This exactly is coming with our Proof of Trusted Witness update which connects a blockchain API to oracles!
For now, checking in every day, even if you don't do your habit, at least keeps it top of mind :) Maybe you do it some days and not all days, but at least you do it.
Thank you for the ramp suggestion! We've been looking at ways to onboard users without crypto, so this is great. We also have in free challenges which can be done with just an email sign up - this is live in the app.
Coolest idea for me!
I wanna start fitness exercises soon, so shall try it tomake a habbit being stable.
Congrats with a launch!!!
Pretty cool!
The point is not so much that others might game the system but how you can benefit from it. For example, if I want to let go of a bad habit, and lose some eth along the way, my focus is that I won! (benefits of letting go of a bad habit far outweigh some ether, even if you look at it from a pure financial point of view). If someone gets my ether along the way, whether they are genuine participants or not, doesn't matter. Who my ether goes to doesn't matter to me since I am in the game of only creating/losing a habit.
@ashwin_jain2 Yes!!! We really made this version 1 for people who want to commit to themselves. The "Loser Pool" is a bonus, but the idea is you won't want to lie to yourself and even if you do, at least you are reminded to do your daily habit.
Great comment, thank you!
Literally was having a conversation yesterday about how stickk could be crazy with web3. This is awesome.
@sabbirhossenbi2 Thank you! We're excited to keep building this out in the Web3 space - functionality like APY, NFT achievement badges, sponsored challenges, gated communities, and immutable records of success. And in general making this an open protocol that anybody can plug into and use across various systems!
Congratulations on the launch! Perfect market for creating a hodl challenge where the ETH is staked and not able to be touched. I should do a 2 year challenge haha
@alicorak Thank you!! I legit have butterflies in my stomach watching this. Have been waiting for this moment for the last year plus 🥲🥲🥲
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