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Gosleep Review: Web3 Lifestyle App Helps Users Earn Money While Sleeping

GoSleep is a Web3 lifestyle app that integrates GameFi, SocialFi, and HealthFi. It will provide customers with individualized sleep advice based on the sleep pattern data they supply. Users may gain incentives for establishing excellent sleep habits (i.e., sleep to earn), this project is another unique implementation of the X To Earn business concept. Let’s explore this project with Coincu through the Gosleep Review article.

Overview

On February 22, 2023, Gosleep was officially released on Arbitrum. GoSleep might start a new chapter in the “x to earn” series.

Humans sleep around one-third of their lives, yet insomnia has become a health issue for contemporary individuals. According to healthcare statistics, more than 60% of adults worldwide have sleep issues, and a quarter of adults suffer from insomnia, with the number of young people constantly growing.

Every living thing on the planet has a biological clock. The biological sleep clock is the “circadian sleep rhythm” that humans have been developing for a long time. An irregular sleep pattern will cause a disruption in the biological clock, which is equal to forcing the bodily organs to perform when they are not supposed to.

Ultimately leading to consequences such as premature aging, cardiovascular disease, and even cancer, sleep problems are also an important cause of about 100,000 car accidents (estimated at 1,500 deaths) each year, which can be compared with many disasters such as aircraft and ship accidents, nuclear reactor meltdowns, etc., on a par.

As a result, maintaining a consistent sleep pattern is critical for humans. Individuals are having more and more sleep issues, but there is no clear answer as of now. The GoSleep protocol is focused on giving a solution to people’s sleep difficulties.

GoSleep solution

The GoSleep team offers customers a scientific and professional sleep assistant based on personal sleep data, which helps GoSleep based on genuine personal health data (acquired from devices), big data, and professional data of user’s sleep issue solution trips. Customers can quickly identify their difficulties and fix them with companions who have similar sleep issues and the GoSleep staff.

Healthy sleep should be a joyful, natural, and attainable goal. With a strong background in game solutions, GoSleep has launched solutions that go beyond traditional data and time management tools, and retain users based on powerful games and social attributes. In the game, users build their own virtual sleep environment, achieve good sleep, and receive rewards, and learn from and share their sleep experiences with other players.

GoSleep simplifies and makes things feasible by employing Web3 technology. Users begin with a sleeping bedroom NFT. GoSleep constructs a wide range of routines around this NFT. The user owns the NFT totally. Now Gosleep Review article will go in-depth about the gameplay of the project.

GoSleep Gameplay

GoSleep’s gameplay is quite similar to those of other x to earn projects. To play the game, you must first get an NFT. This NFT is a bedroom in GoSleep.

Bedroom NFT

The GoSleep ecosystem is built on the NFT-based sleep chamber function. It all begins with our NFT in our bedroom. By having this NFT, the user has access to the GoSleep realm.

The bedroom NFT is a dynamic NFT. This NFT will reflect and aggregate the user’s gaming, social contact, sleep, and score. This NFT allows users and their friends to fully grasp the user’s prior sleep trip. While NFT is critical to the overall ecosystem of GoSleep, its design is also quite appealing.

NFT type

In the same sleep game, various NFTs result in different results.

GoSleep delivers different services to customers depending on the kind of NFT they hold, however all users get the required services from the lowest level, and the project adds additional value-added services to various higher-level NFTs.

Advanced NFT: Earn game tokens and ask other users for help, upgrade, combine with other NFTs, and restore durability.

NFT rarity

The five rarities are Free, Common, Rare, Epic, and Legendary, in order of difficulty. The rarity of NFT allows you to identify users with varying demands. Users with high rarity often anticipate better service and more game options. NFTs only reach legendary rarity, and NFTs generated during games are governance tokens rather than game tokens.

NFT Level System

The degree of NFT controls the number of tokens users get from games, enabling users to create higher-level NFTs indefinitely to obtain greater prizes.

  • Level: The user’s current condition NFT will not only create tokens, but will also move to the next level via daily games. After reaching the greatest level, the user may upgrade the NFT to a greater rarity.

The NFT Level is broken into the following components:

  • Efficiency: this is the starting point for calculating how many Game Tokens (NCT) a user will earn for each successful gameplay. For example, depending on their sleep score, users will get tokens every time they sleep. In this case, efficiency will be used as a parameter to calculate the number of final outcomes in the range.
  • Comfort: only the rarest NFTs will be affected by comfort. This is comparable to Efficiency, however, it determines a different form of token Called Governance Tokens (ZZZ). Governance Token unlocks all gaming to people.
  • The lucky value: is essential for NFT improvements. The higher the fortunate value, the more likely a successful upgrade. Users may additionally mortgage Gov Tokens to boost the upgrade’s success rate.

The durability of NFT

Users’ NFT must be maintained, and the durability of NFT is intended to allow users to continue participating in the game.

  • Repairs: After losing all durability, NFTs must be repaired. Otherwise, NFT will be unable to be utilized in the game, such as for token generation. So even if the NFT becomes ineffective owing to durability, people will still retain the NFT.
  • Cost: Fixing NFT costs tokens and mending NFT allows users to raise their Level.

Goals and Achievements

When users join the project’s NFT, they first allow GoSleep to collect their sleep and other health data. GoSleep will assist the user in identifying and understanding the sleep difficulties they are experiencing based on the user’s current particular sleep circumstances, and the user will then utilize GoSleep to build a sleep improvement strategy. And the objective is to continually assist users in achieving the goal of sound sleep effortlessly and cheerfully via games and social engagement.

Good sleep should be rewarded

Users will be rewarded for completing their sleep program.

GoSleep offers a reward system that combines the user’s sleep score (based on their sleep plan, results, and quality); however, sleep score is not the only determinant of token rewards; sleep score, game results, and social behavior all work together to determine the number of tokens that users can eventually obtain.

NFT conditions

The amount of tokens generated is mostly influenced by the NFT’s grade and rarity. The greater and rarer the NFT grade, the more tokens users will produce in the sleep game.

Sleep score

The sleep score will provide daily results based on sleep quality when the user creates a sleep plan. The number of tokens a user receives is determined by their sleep scores and NFT circumstances.

Social games

Socialization is a crucial aspect of GoSleep’s gaming, and it is also necessary for users to have a decent night’s sleep. From the start, users may invite their friends and family to join the sleep community. Enables users to gather their friends and family, compete, and share in order to obtain a good night’s sleep together.

GoSleep has also built a private social approach for people to find intimate companions and play games together.

Sleeping with an intimate partner

GoSleep has created a private social mode in which users may establish an intimate companion with whom they can “sleep” with. The user and the intimate partner share a sleep schedule, and each has its own NFT. This style is intended for couples who sleep together.

Sleep group

Although sleep difficulties differ, persons who have comparable sleep problems or sleep plans should and can support one other.

Users of GoSleep may form sleep social groups. Users are free to join sleep groups. Members of the group may share their own sleep data, provide each other with their own sleep data and experience, support each other, and learn from each other, beginning with saying good morning and good night. This assists everyone in the group in gaining a better awareness of their sleep difficulties and discovering immediate or better sleep remedies from others.

Share sleep records

GoSleep, like other games and social applications today, enables users to share their sleep records, sleep phases, and token awards inside the app or between apps, in private places or in public locations: obtain a nice night’s rest Share your accomplishments! If you’re having trouble sleeping, tell someone and seek for assistance.

Sleep aid

Sleep tracking: Using big data and wearable devices, GoSleep can readily analyze the user’s sleep habits.

Mobile phone activity: such as screen time, use, and so on, provides extremely direct data that may be utilized to determine if the user is now sleeping. The user’s focus behavior, response speed, and so on may be understood from mobile phone activity, as can the user’s state of mind. Moreover, it comprehends the health situation of consumers from several perspectives.

Wearables: Advanced wearables such as the Apple Watch and Fitbits give continual, quick, and continuing information into the user’s health and sleep. The project team has made contact with producers of wearable devices. In the future, GoSleep solutions will only be supplied with their own dedicated devices. It will provide a better user experience.

Big Data: GoSleep, powered by Big Data, learns from and shares this information with each user.

Users may retain complete data ownership and privacy while contributing data for analysis by using Web3 technology.

Sleep score

The sleep score is significant since it indicates how well the person sleeps. The sleep score takes into account the following factors:

  • The sleep pattern of the user and the real outcomes.
  • The total sleep quality of the person.
  • NFT of the user.
  • The gaming and social activities of the user.

It advises the user to create a good sleep habits by combining all of the criteria that GoSleep scores each time the user sleeps.

Data analysis

GoSleep gathers and analyses user data. It can completely comprehend the real-world circumstances of users’ sleep by real-world mining data. It uses mature techniques for learning analysis from sleep data and adheres to scientifically validated sleep data analysis patterns.

Sleep advice

GoSleep, on the other hand, may deliver sleep advice to project end users based on in-depth research and learning from health science, user behavior, and big data, and help users to create good sleep habits.

Tokenomics

The GoSleep team selected a dual-token system while building the tokenomics model, which is the sleep point token NGT created in the app and the governance token ZZZ of the GoSleep ecosystem. The tokenomics mechanism ensures the sustainability of the GoSleep ecosystem. The initiative is based on circular tokenomics. The total quantity of tokens is maintained below the required level to sustain the overall value and is resistant to inflation from creation (earning) through consumption (payment/spending).

The sleep point token NGT is a token generated by the programme. There is no limit on the total number of tokens. Users may earn NGT tokens by completing sleep challenges using GoSleep. NGT is used in the following applications:

  • NFT upgrade;
  • NFT recovery;
  • Unlock the NFT treasure box;
  • New NFTs are mostly used to update prop NFTs.

ZZZ, the GoSleep ecosystem’s governance token, has a total of 600 million pieces. ZZZ application scenarios:

  • Securing ZZZ tokens grants governance voting rights as well as Staking benefits.
  • Consumption inside the app, such as upgrading NFTs, casting new NFTs, staking to enhance the likelihood of NFT upgrades, and so on; with the GoSleep app, users must spend a particular quantity of ZZZ and NGT tokens to mint new NFTs.

Core team

CEO Dream: He is a successful technology entrepreneur who started a start-up firm for a particular market and grew it to become one of the top companies in that sector. He has over ten years of technological expertise and has worked for well-known firms like as Microsoft and Workday. He has been developing for 15 years and is well-versed in several technological stacks, such as CRM, HCM, eCommerce, and Blockchain.

CMO Jonathon: A University of Tennessee graduate, he was an early blockchain practitioner and market leader in multiple blockchain star projects, including Marlin Protocol, Abeatsgame, and Realy Metaverse. He has a wealth of resources in the NFT and blockchain sectors, as well as KOL and media contacts.

CTO Frank: He has over 8 years of experience working as a senior software developer in significant technology businesses. He has vast experience in big distributed systems, cloud technologies, and high-frequency trading, having worked for major technological organizations such as Microsoft. He has been active in various Web3 initiatives over the last several years, including SocialFi, NFT, and blockchain infrastructure.

Roadmap

Financing

Gosleep announced the conclusion of a $2 million funding round on February 28, 2023, headed by Foresight Ventures, with participation from CCC Capital, Amber Group, SevenX Ventures, KuCoin Ventures, and Gate Labs.

Conclusion of Gosleep Review

Gosleep has a great first-mover advantage since the “X to earn” option has published multiple blockbuster projects, while Arbitrum has no good gaming ideas. The product is undergoing fresh internal testing.

The idea is built on the relationship between lying and earning. The user engagement barrier is low, there are expectations for token issuance and airdrops, and there are several buffs. We will continue to monitor if GoSleep can become a popular application in the Arbitrum ecosystem. Hopefully Gosleep Review article has helped you get more information about the project.

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

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Harold

Coincu News

Harold

With a passion for untangling the complexities of the financial world, I've spent over four years in financial journalism, covering everything from traditional equities to the cutting edge of venture capital. "The financial markets are a fascinating puzzle," I often say, "and I love helping people make sense of them." That's what drives me to bring clear and insightful financial journalism to the readers of Coincu.

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