Health, Wellness & Fitness - Boston, Massachusetts, United States
Wippit is incubated at Harvard Innovation Labs via the Venture Incubation Program (VIP), Summer 2018.Wippit is a mobile app that allows users to make financial pledges that incentivise them to reduce their tech-enabled time wasting. Users who exceed their weekly time wasting target forfeit their pledges, creating a pool of funds that is allocated to successful users for donation to charity.The Wippit app works as follows: - Target and pledge: Each week users set the maximum amount of time that they will spend on mobile apps. Users support this goal with a financial pledge, that they will forfeit if they exceed their usage target- Track: Wippit automatically tracks app usage in the background and provides users with real-time updates- Compare and allocate: At the end of each week, those who exceed their usage target forfeit their financial pledges. Those who do not exceed their target, retain their pledges and receive a portion of the forfeited funds- Distribute: These successful users then donate the allocated funds to one or more of Wippit's featured charities