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.
Hi PH!
For years I’ve cultivated different habits to better myself:
- Fitness habits
- Meditation habits
- Public speaking habits
- Dieting habits
I see so much potential in people and I think most either:
1. Are too reluctant to start a positive habit.
2. Quit too soon.
Why we built Commit Club
We built Commit Club to:
- Solve 1. by gamifying habit building.
- Solve 2. by using social pressure and loss aversion.
How exactly Commit Club works
Despite being a Web3 app, Commit Club is pretty simple.
You commit to a daily habit or challenge either for free or by staking Ether. If you choose free, you can commit with just an email address (no crypto experience required).
You can share your progress with a link so friends and family can keep you accountable.
Staking Ether also helps keep you accountable.
Every day you check in you get a portion of your Ether back and Ether from people who fail their challenges.
When a committer breaks a habit, the remaining Ether is forfeited to everybody successful.
But what about cheating?
We’re building what we call, “Proof of Trusted Witness” to connect a blockchain API to oracles.
For now, however, Commit Club uses the honor system which still has advantages. In addition to requiring less configuration, checking in, even if you lie, keeps your goal top of mind. You may not succeed on one day but you can try again on the next.
What about gas fees?
Total gas fees per challenge are ~$3-5. You only pay an Ethereum gas fee when you deposit and withdraw Ether. Maximum, two gas fees per challenge. Each fee is about $1.50.
Where is Commit Club heading?
In addition to “Proof of Trusted Witness,” we imagine Commit Club turning into an “Open Proof of Success” protocol.
Commit Club could become the Guinness World Records of the Web3 era.
We’ll do this with various oracles, challenge types (single goal based, weekly, and king of the hill challenges), and decentralization.
Commit Club will ultimately become a community governed DAO.
We spent a year building this and we’re excited to have finally made it to launch. Please let us know what you think - good or bad - we’re committed to this project!
Thank you!
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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
@anab Aha, Go F*cking Do It is a legendary platform! Thank you Ana!
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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
@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!
@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.
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Coolest idea for me!
I wanna start fitness exercises soon, so shall try it tomake a habbit being stable.
Congrats with a launch!!!
@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.
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