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Paces to Pennies

"A penny may be small, but a penny can go a long way."

Photo of Lew Sterling
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This is more of an elaborative post someone else posted, but I am expanded on it through my perspective on seeing the app through my perspective despite I thought about the idea way before posting it on here. But, this would encourage more people who aren't as active to be more active and people who ride buses can get some assistance (financially) to even barefooters, runners, and joggers to get paid for doing something they are common and fine with doing.

Describe who will use your solution (1,000 characters)

This would help encourage more people who aren't as active to be more active and people who ride buses can get some assistance (financially) to even barefooters, runners, and joggers to get paid for doing something they are common and fine with doing. The app's title, "Paces to Pennies", implements that people would be earning a penny a step. The average number of daily steps people take (in a day) can be around 5000 to 7000 steps, which means the average person can earn $50-70 just by walking. From there, the steps can be generated into PayPal cash every 6 pm (ET) since PayPal rules (for those who have a PayPal) states that any amount past 7 pm (ET) will be transferred to their bank account the day after tomorrow instead of tomorrow. For those who do not have a bank account and/or PayPal, then you can allow the money they earned and turn it into egift cards for them to print and use in stores, which saves money from mailing a gift card to the rightful person.

Describe your solution's stage of development

  • Initial Design - you are still exploring the idea and have not tested it with users
  • Pilot - you have implemented your solution in a real-world scenario

Tell us about your team or organization (500 characters)

I do not have a team created or an organization that helped me think of this idea. I thought about this idea/app (along with different variations of this app for different types of people like for Pokemon players (slightly different from Pokemon GO), barefooters (different pay rates for different places), and even joggers) for many months before I knew about the COTC and never knew how to operate further from there, to be honest. This also explains why I am submitting this idea as an individual.

Size of your team or organization

  • I am submitting as an individual

Funding Request

  • $75,000

Describe how you would pilot your idea (1000 characters)

The first thing to piloting this idea would be to learn how to create apps that are dedicated to this type of program and service. It can range from taking days to a few months based on one's experience, but it can be done since there are many different types for many different situations. In terms on how where the money can be generated from, I am still working on that since online cash generators do not actually work, but if they were able to be reprogrammed so one can earn what they step (literally).

Describe how you would measure the success of your pilot (1000 characters)

The success of this pilot would be based on how many are willing to test this app, along with variations of this app, to make things better and easier for people to financially manage and even help others in need as well. This is, and can, also determined by how many are also willing to be more active when outside or in public to show that you are earning what you actually step.

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Photo of KatieWalsh 100
Team

Hi Lew - I expect you are on this already but please do post up an image for your new ideas before the deadline 4pm. Thanks!

Photo of Lew Sterling
Team

KatieWalsh 100 - Sorry for the delay of this message and my apologies for not uploading an image on time; I was getting ready for an image, but I was trying to make sure my laptop did not overheat again while I was updating everything for this COTC proposal.