September 06, 2012
This is an interesting concept – GymPact is based on a simple idea. You make a pact to workout a set number of times a week, and if you do that you earn real money for your efforts (it’s not enough to give up your day job) BUT…. if you miss your workout you pay them (an amount you have committed to). It works on the premise that the people who miss their workouts will fund those who keep their commitments. Clever…. I haven’t tried it yet, but it looks like they are working on a version that works with fitbit so I’ll definitely test it when that happens. (It is already compatible with your local gym and runkeeper) Watch the video below to learn more.
If this works it could apply to all sorts of things – hmmmmmm – Find out more here