This seems like a really cool idea. What are your guys thoughts? Also does anyone know their business model?
In their FAQ:
> The minimum bet is 5$ and the minimum reward is 0.5$
> Our users make it on average to 90% of the days they commit
I was toying with a similar startup idea but for losing weight. (I haven't figured out how to verify users' weights though, gympact has the advantage they can use GPS to verify you're at the gym.)