What is Move-to-Earn?
Move to Earn basically refers to a system that rewards users for being active. Users can earn great rewards for being active on these platforms and access a new income stream by engaging in specific fitness-related and exercise routine challenges.
It follows the Play-To-earn trend, where players are compensated in crypto for participating in these games.
These systems mostly attempt to promote a healthy lifestyle and reward people for achieving fitness, carb obesity, and sedentarism. They provide users with a great opportunity to earn money by improving their health.
When its users complete fitness challenges such as jogging, walking, running, or swimming, this program rewards them virtually universally in the form of native utility tokens exclusive to a particular platform.
Move to earn is a new trend in 2022, which has appeared a lot lately, particularly with the success of STEPN, a cryptocurrency token using the SOL blockchain that has brought huge profits for its users. Particularly, Binance launched its 28th Project on Binance Launchpad.
STEPN is bullish. Some projects, such as Genopets, have already been completed because STEPN completed the product before launch. The interface was easy to use and simple. It won the price at “The Solana Ignition Hackathon.”
As a result, StepN received much attention when Binance announced that it would launch a pad on Binance. This information brought the popular Move-To-Earn keyword.
Other than StepN, many notable growth move-to-earn projects on Ethereum have been active in the last seven days, such as DEFIT, Aircoins, Dotmoovs, DOSE, and YetiCoin.
GENE (Genopets)
- Market Cap: $33,947,407
- Price: $8.77
Genopets is the first Move to earn NFT game on Solana. It is free to play and promotes a healthy lifestyle that is enjoyable yet lucrative.
It integrates the user’s step data from their phones with blockchain play-to-earn economics to enable its players to earn crypto for real-world action.
Via Genopets, players are rewarded with cryptocurrency for fulfilling the challenge. Moreover, it combines the evolution and nurture of Tamagotchi, the combat and training of Pokémon, and the fitness and social incentives of Strava. Genopets refers to this phrase as “Move-To-Earn.”
For this purpose, a governance and staking token called GENE Token is used to create in-game NFTs and show the worth of the Genopets game.
GENE has a 24-hour trading volume of $1,580,116. The circulating supply of GENE coins is 3,871,085, and the maximum supply is 1000,000,000 GENE coins. Genopets $GENE trades on Bybit, Bitget, MEXC, DigiFinex, FTX and MEXC.
GST (Green Satoshi Token)
- Market Cap: $23,268,587
- Price: $0.1093
GST (Green Satoshi Token) is a game token for STEPN, a Web 3.0 lifestyle software with entertaining social features and a gamification design. STEPN is the first move-to-earn NFT game where players can earn GST tokens by moving around outside while sporting NFT Sneakers and running, jogging, or walking.
Players can rent or sell their NFT sneakers on the App Marketplace. GST tokens can also be used to level up and mint new sneakers.
The project’s objectives may include introducing people to Web 3.0 and inspiring them to live active or healthy lifestyles.
The GST is the game’s currency, and the GMT (Green Metaverse Token) is the platform’s governance token. The STEPN platform was initially powered by SOL.
STEPN team expects to achieve a breakthrough and give lovers of physical fitness the chance to profit from their craze of running with Bitcoin. They do so by adding community and social features to their products.
$GST has a 24-hour trading volume of $13,802,457 with a circulating supply of 210,116,199 GST coins. The $GST is currently Bybit, Bitget, MEXC, FTX, and CoinTiger.
STEPN (GMT)
- Market Cap: $498,044,456
- Price: $0.8294
STEPN is a “Web3 lifestyle app” with GameFi features on the Solana blockchain. It creates a new category called “Move-To-Earn” by combining elements of fitness software and a play-to-earn game. Its users purchase NFT sneakers for running, walking, or jogging while earning in-game currency.
The app addresses many issues, like “proof of movement” (showing that users actually exercised) and a working GPS system.
In addition, STEPN monetarily pays users, intends to incorporate social reward features, and successfully contributes to carbon neutrality. The app can be downloaded by both iOS and Android users.
Users can install the app, create a wallet, purchase a pair of NFT sneakers, and earn in the game’s Solo Mode. They can gain GST (Green Satoshi Tokens) by moving around quickly. The amount of GST various types of sneakers can return varies, and the better the efficiency attribute, the more GST the user can make every minute.
The gamification of fitness is now introduced, which is STEPN’s second groundbreaking component. STEPN gamifies and encourages users to lead healthy lifestyles using the app’s in-game awards, personalized footwear, and daily energy allocations.
$GMT has a 24-hour trading volume of $197,147,163, a circulating supply of 600,000,000 GMT coins, and a maximum supply of 6,000,000,000 GNT coins. Top crypto exchanges for trading $GMT include Bitget, Binance, Bybit, OKX, and BTCEX.
XYO
- Market Cap: $87,522,731
- Price: $0.006817
XYO is a technology protocol that improves certainty, validity, and data value. According to the website, it tends to build a data marketplace that enables users to have gold standards for websites, apps, and blockchain technologies that depend on trusted data.
Furthermore, they are building the world’s first Reality Oracle, a bridge between the physical world and secure blockchain data.
XYO depends on development decisions to grow its node count and developer resources. It prioritizes accuracy, data security, and trust.
$XYO is a cryptocurrency that operates on the Ethereum platform. Its current supply is 13,960,974,963, with 12,844,821,265.9205 in circulation. The last known price of $XYO is 0.00681441. It has been up 6.58% during the last 24 hours, with a 24-hour trading volume of $2,365,766. It is currently traded on top exchanges like BingX, MEXC, ZB.COM, KuCoin, and Phemex.
DISCLOSURE:
This is not investment or trading advice. Always research before buying any cryptocurrency or investing in any Move-To-Earn tokens.
Also read:
GET FIT WITH SWEATCOIN: EARN BY WALKING APP
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