Dec 4, 2022
The W3:Ride app tracks details from any smartphone, Fitbit, Garmin, or smartwatch and automatically rewards a user's commutes, weekend rides or exercises.
Creative director and Co-Founder Thomas Pomarelle explains that W3:Ride's goals have always been to build an app that rewards users to get outside and explore the physical world, instead of being glued to a screen. "Cycling is a great way to explore your town, get fit and have fun with your friends, family, and community," Thomas adds.
Digital Rewards
The W3:Ride marketplace will include a rotating selection of products from its exclusive brand partnerships. Launching the marketplace, the app offers its users gift cards ranging from $5−10, redeemable in stores such as Starbucks, Amazon, Nike, Adidas, REI and more.
"The ability to convert your cycling efforts into physical products is a completely new experience for every rider out there," former pro cyclist and Co-Founder Thomas Wagner adds.
This new type of marketplace is made possible by utilizing new mobile first approaches to web3 technology. The app's development studio, Nexus Cognitive was brought in to create a web3 app that everyone could use. Andy Nardo, CTO of Nexus Cognitive explains that his team's goal has always been to make blockchain technology frictionless to the everyday user. W3:Rides digital marketplace will allow any user to begin collecting their first digital assets and collectibles with a simple press of a button.
BYOB: Bring your own Bike
Doing away with monthly fitness subscriptions, W3:Ride only requires the use of a rider's virtual bike. Upon account creation, each user receives a free virtual bike to begin collecting points for spending time on a real-world bicycle. And that's part of the brands philosophy: allow everyone free access to a new experience of cycling with a reward system and marketplace powered by a cycling economy.
The app is available to download in the Apple App Store or via Google Play.
About W3:Ride
In late 2021, W3:Ride was formed to unite the cycling community through digital engagement. Supported by an easy-to-use social platform, W3:Ride is focused on unifying the global cycling community, no matter how someone bikes. W3:Ride has successfully released a genesis collection of 8,088 unique 3D-modelled NFT bikes and riders to use in the upcoming app. Cyclists of all skill levels are invited to earn cryptocurrency or tokens for their rides and build their own custom NFT bikes, unlocking additional rewards. These points are attained through our novel Proof-of-Ride (PoR) formulas, rewarding users with physical and digital items in our in-app marketplace.
About Nexus Cognitive
Nexus Cognitive is a Web3 development studio working alongside W3:Ride. Nexus Cognitive is focused on digital maturity solutions through emerging tech-accelerated frameworks. Nexus assists companies in leveraging their data and processes to drive greater efficiency, insights, and scalability that nurture long-term digital maturity. The firm has extensive cloud, robotics process automation, analytics, blockchain, and software development expertise. Nexus3, a unique innovation agency within Nexus Cognitive, is focused on unlocking the value of web3 for the next wave of mainstream adoption. Nexus3 advises established brands, large enterprises, and early-stage web3 start-ups with business strategy, product development, and go-to-market acceleration. Nexus3 applies web3 technologies and concepts to drive innovation for their client base.
For more information about Nexus Cognitive, visit https://products.nexuscognitive.com/nexus3
Sen. Ted Cruz (R-Texas) blocked an effort by Democrats on Tuesday to pass legislation creating an AI safety panel tasked with evaluating and creating enforceable standards for frontier models. Cruz, who chairs the Senate Commerce Committee, objected to an attempt by Sens. Mark Warner (D-Va.), Brian Schatz (D-Hawaii) and Andy Kim (D-N.J.) to pass the...
Senate Minority Leader Chuck Schumer (D-N.Y.) on Tuesday slammed a bill that would force states to consider standards to mitigate data centers' power price impacts as an "ineffectual participation trophy." His comments signal that Democrats could try to block the bill, which the Senate is expected to take up this week. "Americans are demanding real...
President Trump launched a website Tuesday that uses artificial intelligence to help Americans navigate the federal government and find information and services. Trump touted the website, America.gov, during an event at the Andrew W. Mellon Auditorium in Washington. He thanked Joe Gebbia, the Airbnb co-founder who now leads the National Design Studio (NDS) and services...
The investment and incubation firm Roadrunner Venture Studios will unveil a new quantum lab Tuesday in Albuquerque as New Mexico looks to bolster the U.S.’s position in the global race for quantum computing. The Roadrunner Quantum Lab will open as part of the state's $450 million commitment to quantum development. Those behind the project say...
OpenAI on Monday halted the release of its newest artificial intelligence model over safety concerns as tech companies grapple with potential risks as a result of more advanced AI software. Saachi Jain, OpenAI's head of safety systems, told The New York Times that the new model, called GPT-6.1 Astra, "didn't quite meet the bar in...
President Trump is set to unveil America.gov on Tuesday morning, launching the website powered by artificial intelligence that aims to make it easier for U.S. citizens to access federal services. The rollout comes as Trump leans further into the global AI race, showing little appetite for regulation on the industry despite growing anxieties over the...
The Biden administration and a number of countries in Europe have endorsed a framework for AI regulation that respects human rights, democracy and the rule of law, but it is generally unheard of outside of the little-known European organization that drafted it. Alain Berset is the secretary-general of the Council of Europe, an important but...
Lane Cove residents are planning a street party. The rest of the data centre industry has a problem.
OpenAI says its model ran commands, wrote files and took credentials from a Medicare portal, going further than the government’s account.
Pope Leo XIV on Monday said mounting concerns about artificial intelligence going rogue require discussions on how to regulate it, dismissing the notion that they are "fake news." "If someone were to ask me, 'Am I in panic mode?' No, I’m not," Leo told reporters while leaving France for Vatican City. "I sleep at night....
A group of news outlets suing OpenAI for copyright infringement argued Monday that the court should give “little weight” to the views of the Department of Justice (DOJ), which signaled support for the AI firm earlier this month. The New York Times, Chicago Tribune and other outlets in the case suggested the administration “may have...
Federal Reserve board of governors member Lisa Cook said Monday that rising demand for artificial intelligence is leading to “broadening” inflationary impacts, with implications for the entire economy. During a keynote speech at the Oakland Tech Week conference, Cook noted that prices for Al-related goods, including chips, computers and software, have “surged” in the past...
YOUR NEWS, OUR NETWORK.
Do you have Great News you want to tell the world?
Be it updates about your business or your community, you can make sure that it’s heard by submitting your story to our network reaching hundreds of news sites across 6 verticals.