What Is F5 Sleep(F5S)?
According to the F5 Sleep Foundation, seventy-five percent of depressed patients suffer from insomnia, also known as a lack of sleep. In contrast, sleep deprivation is most prevalent among adults and psychiatric patients. Various global studies indicate that sleep deprivation affects approximately 30 percent of the world’s population, with some countries reporting incidences as high as 50 to 60 percent. F5 Sleep breaks new ground by financially incentivizing users to prioritize healthy habits with no compromises on productivity.
F5 Sleep Coin is the latest blockchain-based sleep wellness ecosystem that combines GameFi and SocialFi to improve the sleep quality and overall health of the worldwide community. The features a Sleep-To-Earn mechanism to reward the community for deep sleeping and earn $F5S tokens, with the dual goals of developing sleep technology R&D and offering a real-world benefit inside ecosystem. The deeper your sleep is, the more you earn.
F5 Sleep Storage Key Points
| Coin Basic | Information |
|---|---|
| Coin Name | F5 Sleep |
| Short Name | F5S |
| Circulating Supply | 500,000.00 F5S |
| Max Supply | 1,300,000 |
| Source Code | Click Here To View Source Code |
| Explorers | Click Here To View Explorers |
| Twitter Page | Click Here To Visit Twitter Group |
| Whitepaper | Click Here To View |
| Support | 24/7 |
| Official Project Website | Click Here To Visit Project Website |
How to start
To start, users need to download the F5 Sleep app and have your own Sleep Tracker.
Step 1: Download Download from link: Coming soon
Step 2: Sign-up After installing the app on your device, you will be able to register for F5 Sleep using your email address. You will receive a verification code that must be entered to access the app.
Step 3: Connect wallet To connect your wallet, click on the Wallet icon in the upper-right corner of the screen.
Step 4: Use BNB/BUSD in your Wallet Use BNB/BUSD in your Wallet to buy NFTs in the Marketplace and always keep some BNB as gas in your Wallet
Step 5: Purchase NFT BED Select a bed from the app’s Marketplace. You can purchase additional NFTs to increase your earnings. Ensure you have sufficient BNB/BUSD for the purchase.
Reward System
Sleep-to-earn mechanics
Daily earnings based on users sleepscore:
- 100% = 10 BUSD worth of F5S tokens,
- e.g. 84% = 8.4 BUSD worth of F5S tokens Daily booster bonuses based on user’s token quantity.
Nominal balance
Earned $F5S will be stored within the F5 Sleep Coin App and $F5S balance will be reflected under wallet balance, to be used for P2P within app or utilized within the F5 Sleep ecosystem.
Withdrawal Fee
There will be a 6% withdrawal fee for all external wallet withdrawals.
Mission
Due to daily stressors, they know many people don’t get a deep night’s sleep. As a result, they don’t get enough sleep. F5 Sleep’s mission is to help people improve their sleep habits while generating passive income. They create a complete profile of your sleep cycles by regular monitoring of your sleep quality. This process will motivate individuals to improve their physical, mental, and emotional health.
Tokenomics
Users can earn $F5S token every day after a deep night’s sleep. Users are rewarded with F5S based on their deep sleep score. They do this through a sleep monitoring app that is backed by cutting-edge sleep science and improvement technology.
They intend to collaborate with merchants in the sleep industry to provide financing assistance to help every business in the sleep ecosystem win and excel in the marketplace.
F5S is a BEP20 token, which is the main token of the F5 Sleep ecosystem.
Users will receive F5S tokens based on how deep their sleep is.
F5S tokens can be used to Purchase NFTs, Upgrade NFTs, Level up NFTs, Customize NFTs and Boost your sleep-to-earn earnings.
Why F5 Sleep?
In addition to an industry-first concept, the innovative approach of the F5 Sleep Coin project aims to tackle Web 3.0. F5 Sleep has created a sleep-to-earn ecosystem in response to the growing popularity of play-to-earn. Users are able to earn money while sleeping. The deeper you sleep, the greater your earnings. Users are being introduced to the concept of deep sleep for financial gain for the first time.
The F5 Sleep Marketplace also offers sleep-related products and services for purchase. The project will collaborate with sleep-related businesses to provide financial support so that every company in the sleep ecosystem can flourish.
Why is Sleep-to-Earn beneficial?
Due to the pandemic, lockdown, increased use of electronic devices, and stress, the world is not sleeping enough and the quality of sleep is poor, resulting in increased physical and psychological difficulties.
F5 Sleep aims not only to revolutionize the future of sleep technology, but also to fairly compensate all participants and users who contribute to research strategy to create a better sleeping environment for the global community.
Governance
The 2% Marketplace Trading Fee is reserved to the team to sustain its operation, no less than 30% of the Trading Fee will be given back to the F5 Sleep Coin ecosystem. The other tax collected by F5S will be funneled into a Treasury pool, which will be distributed to the F5S staker in the near future.
Roadmap
The three phases of roadmap correspond to the marketing and development phases of the F5 Sleep ecosystem.
