What is Move to Earn? What are Move to Earn Projects? - Coinleaks
Current Date:September 21, 2024

What is Move to Earn? What are Move to Earn Projects?

With the emergence of the Stepn project, Move-to-Earn based projects have become quite popular lately. It has officially become a new trend after Stepn caught everyone’s attention.

Move to Earn (M2E) apps allow users to earn passive income while engaged in routine physical activities. Move to Earn gamification works similarly to Play to Earn, where players fully own in-game assets that can be exchanged for crypto or fiat money on their own terms.

What is Move to Earn?

Move-to-Earn is a model that uses a technology that tracks human movement and measures these movements with the help of a sensor, helping users earn money through their daily movements.

The advantage of Move-to-Earn over Play-to-Earn is that users do not need to be constantly connected to their phones. Users only need to be physically active for a certain amount of time as certain rewards are earned in exchange for certain times.

Move-to-Earn can be understood as a change from the Play-to-Earn form. Instead of people joining “Play-to-Earn” games to earn money, now Move to Earn will allow players to earn money through physical activities. Outdoor football, running, …

The outstanding advantages of Move-to-Earn compared to Play-to-Earn, you won’t have to be connected to your phone 24/7. Instead, you only need to be physically active for a certain amount of time to receive a valuable reward.

The second advantage of Move-to-Earn is that it forces you to exercise rather than sitting still and tapping on the phone. Imagine walking in the park, breathing fresh air and getting your project token… what could be better?

What are Move to Earn Projects?

While STEPN is by far the most dominant player in the Move-to-Earn niche at the moment, various other applications have also gained significant momentum in recent months. The most popular Move to Earn projects;

STEPN (GMT & GST):

STEPN is one of the best M2E cryptos today despite its rapid growth. STEPN is a lifestyle app based on Solana. GameFi and SocialFi elements are combined to encourage users to “move” for rewards. Conditions to “step up” or act to earn STEPN tokens, which can then be used to print NFT Sneakers or exchanged for stablecoins as the name suggests. One of STEPN’s two native tokens is the STEPN token. Running, exercising and participating in various gaming events earn you GST utility tokens. The GST token can be used to unlock, mint, repair or level up Sneakers and other game items, or can be exchanged for the USDC stablecoin. Players can earn the GMT token as a governance token by participating and conducting in-game events. The GMT token is then used to distribute profits and high-level gaming events. Some of the most lucrative crypto entries on this list, such as


FITFI and KCAL

Step App and native FITFI tokens are making the biggest splash in the FitnessFi market right now. Step App has taken the first step towards creating a gamified metastore where users can exercise, socialize and earn with the proprietary Step Protocol software development kit (SDK). Now that the Step App SDK is open to third parties, the Step App team hopes that as we expand our developer base and embrace the FitnessFi craze, we can build an entire ecosystem around it. Dual token system: Step App uses FITFI tokens as management tokens while KCAL tokens are used in the game. FITFI tokens will primarily be used for token repurchases, discounts and staking and will benefit from ecosystem fees. However, KCAL tokens are used to print SNEAK NFTs.

Genopets (GENE)

When it comes to the best cryptocurrency to make money, Genopets (GENE) is an excellent choice. The more you move, the more powerful your digital soul pet becomes. As you complete your daily tasks, your Genopet’s fate will become clearer and you will be rewarded as a result. As you progress through the game you will be able to develop and customize the Genopet unique token (NFT) in new and exciting ways every day. You can level up your Genopet by accumulating XP from your daily steps. In the Battle Arena of the Battle Arena, you can play on a variety of betting items and compete against other players in cognitive-enhancing competitions. The more you play, the better your NFT crystals will be, the more betting power you get, the more tokens you get and the more achievements you get.

DOSE

Fitness enthusiasts who complete their training in the DOSE game system will receive DOSE tokens as a reward. Move2Earn is a blockchain-based game with various moves, which is among the best Move2Earn crypto apps. The narrative of the game is based on various running, sprinting and dashing movements. Surprisingly, the app’s name DOSE stands for the hormones your body releases when you move: DOSE is designed to get you moving and moving in an exciting virtual world with the help of dopamine, oxytocin, serotonin, and endorphins. Unique characters, digital assets and immersive experiences are part of the package. The game is free to start and you will be rewarded with DOSEs and NFTs for participating, which will encourage you to keep playing. It is possible to start playing for free and earn tokens in the Dose ecosystem. To get players to walk and run, these games use engaging scenarios.

DEFIT:

Fitness and blockchain are combined to create a digital fitness marketplace known as DEFIT (Decentralized Fitness). On the Ethereum and Polygon networks, the implementation and DEFIT tokens have not been extensively reviewed by the Blockchain Consilium. When it comes to protecting user data, DEFIT is one of the best crypto apps on the market. As a result of the DEFIT app, you can enjoy a fun and flexible alternative to fiat currencies as well as an affordable alternative to a fitness membership. The DEFIT app features in-app gamification to engage users, provide fun incentives, and facilitate direct transactions between users and instructors.

The Future of Move to Earn

There’s a lot to be excited about when it comes to FitnessFi and cryptocurrency apps because they build on well-established concepts and long after the initial excitement wears off It even attracts people’s attention. There are M2E apps that allow you to earn money while doing something you enjoy, like exercising or getting in shape. A significant initial investment is required for most of the best Move Earn crypto apps. It’s easy to move around and make money after investing, and it’s even easier to stay fit while doing it. In the near future, the number of people using applications that earn crypto money is also expected to increase. As long as the entry costs are low, it’s time to start using M2E applications to increase your overall earnings.

With M2E apps, physical activity can also be good for your wallet because you can earn crypto while doing it. Setting personal and community goals, tracking distance and pace, setting specific fitness goals, and tracking calories burned can all be accomplished with the right FitnessFi program. FitnessFi’s main focus is not just physical fitness, but entertainment and financial gain. You can progress through the levels to unlock perks and rewards that can increase your income and profits while achieving your various goals with the best cryptos for making money.