GymPact launched earlier this year, with one key mission in mind – to help you keep your fitness promises. In a nutshell, you earn real money for completing your workouts as planned – which is paid for by those who missed their targets. You’ll note from this symbiotic set-up that if you’re one of those who’s prone to missing their goals then, well, you could be out of pocket.
By integrating with GymPact, RunKeeper users essentially have an extra incentive to adhere to their targets.
There’s also a carrot-on-a-stick incentive to lure newbies on board – GymPact is giving away $5 to the first 1,000 users who connect to RunKeeper.
RunKeeper has been working hard this year to enhance the goals/targets aspect of its fitness offering. Back in March, we reported that it had launched a new feature that lets you set specific fitness goals. This feature was initially reserved for the browser-based version of RunKeeper, before landing on its native mobile apps in July.
The ‘Goals’ feature lets you set specific fitness goals on your RunKeeper profile page, and track how you are doing against those goals over time.
With this GymPact integration, RunKeeper activities that count towards your goals include:
- All runs, walks or bike rides tracked by RunKeeper’s GPS
- Minimum 1/2 mi (0.8 km) distance
- Minimum of 30 mins activity, with a pace exceeding 2 mi (3.2 km) per hour
“We know that real money is something very motivating to many people, so we’re interested to see what happens when there is real money on the line around sticking to your fitness goals,” says RunKeeper.
Pact, the company behind GymPact, was one of Boston TechStars 2012 graduates, however it recently flew the nest and landed in San Francisco, before raising a $850,000 investment round. Users make a ‘Pact’ of how many days they’ll work out, and then set a dollar amount for how much they’ll pay if they don’t meet their goal.