It seems like the money is up for grabs in crypto development. From free airdrops to making money thanks to play-to-earn, but there is more. More and more crypto coins are being added and each has a different purpose. From complex DeFi protocols to various crypto games that will reshape this multi-billion dollar industry. But sometimes it doesn’t have to be such a heavy matter.
Discover the latest move-to-earn development. Health is important, also in the metaverse. And what’s better than promoting health with free money? Have fun and get crypto for this. Discover everything about the move-to-earn in this blog.
Do you want more information about Stepn and how you can get started with this move-to-earn game? Then be sure to read our complete guide and start earning crypto today by moving.
What is Move-to-Earn (M2E)?
Have you ever had a challenge with your colleagues or friends to take as many steps as possible in a certain period? The reward? A team outing to I know a lot, but it’s free, so we want that. Everyone on your team gets a pedometer so you can go out together during your lunch.
And in the evenings also take a walk for an hour because those colleagues, you really don’t let them win, do you? A classic example of how competitive we as humans are and how gamification works. But what’s better than winning a silly outing? Money, exactly. Bring it on!
Move-to-earn (M2E) is the development in crypto with which you receive free crypto when you move enough. Complete fitness goals, get x number of steps every day, and compete against friends and family in a real fitness challenge. Work on your health and earn free crypto in a playful way. Life can be so beautiful! Despite the fact that this M2E development is new to the world of crypto, it has been around longer than we think.
Health problems
The world is struggling with a large number of obese patients, with America leading the way in this unhealthy trend. Shamelessly burn off a record number of calories and a few years later suffer from health problems that their health insurance barely covers.
It seems obvious that we are going to live healthier, but a pandemic has certainly not stimulated us to exercise more. And the gym? With high inflation, this is not feasible for many people. Fortunately, there are plenty of alternatives. Now you no longer pay to live healthily, you are paid for this. Good life!
Gamification
Sweating on a treadmill without a plan or goal hoping to burn off all that excess fat? Boring. And the makers of various game consoles know this too. The use of gamification stimulates the process. This is therefore used in almost all daily tasks.
Do you have an Apple Watch and do you, therefore, move a little extra every day to achieve your exercise goals? Challenge your network and go for the most calories burned. Ready, set, go.
And how about learning a new language? Take DuoLingo, for example, where you learn a new language in a playful way and can achieve different levels.
Get an update every day on how many levels your opponents have already completed. Are you competitive? Then you will probably do your best to catch up with him or her. But there are also numerous applications that stimulate physical activity.
Wii Sports
Chances are you’ve ever played tennis against a television screen or made a bowling alley. Or were you the person who preferred to imitate all kinds of dances to score as many points as possible? No useless TikTok dances for as many views as possible, but score points to dominate the leaderboard!
Now, these forms of sport are of course minimal and will not solve the obesity problem, but it is better than sitting on the couch with a bag of chips. And yet, by gaining points and completing levels, you as a player are extra motivated to continue. You need to figure out what happens when you get paid for it at all.
Pokemon GO
Are you from a later generation? Then you undoubtedly know Pokemon GO. Literally, the whole world was on fire and everywhere you looked you saw both young and old looking obsessively at their phones in search of rare Pokemons. The chance that all of a sudden a Pokemon was sitting next to you was small, so you had to go out on the street. Putting on our shoes and hitting the streets catching Pokemons. The more the better. With what purpose? Just be the best.
But while you were so busy with the game, you are working on your health. And we did that en masse. With millions of users and a turnover of no less than 3 billion dollars in 2020, we all went hunting together.
And while everyone finds sports boring, we fought for better health in a fun way with millions at the same time. For many, it was so addictive that physical effort was no longer an issue. Just another half hour. Okay, maybe just one more hour, recognizable? It was a win-win situation. Thank goodness for Augmented Reality (AR).
AIA Vitality
The South African company AIA Vitality also saw the future in this technology. As a health institution, physical health is central to them and they provide various tools to get everyone healthy.
How? By launching its own health program where members receive points for their physical activity. These points can be exchanged for shopping vouchers, among other things. And the real pushers can even lower their insurance premium if they have enough points. The benefit for AIA Vitality itself? Healthier users, in turn, lead to fewer insurance claims. smart thinking!
Blockchain games
Blockchain games seem to be popping up everywhere these days. From the popular DeFi Kingdoms to the new game of Evoverses. It just shows how big the gaming industry is and how much money is involved in it. Move-to-earn is the next development in which it rewards users for sufficient exercise. And these are successfully received. Let’s briefly discuss some protocols in this blog.
STEPN ($GMT)
STEPN is a web 3.0 fitness application built on Solana’s pays blockchain that you to walk or run. Yes, correct, no expensive fitness subscriptions but instead you receive money to exercise. They themselves speak of a combination of SocialFi and GameFi. And it’s not just any game, the makers have a clear goal:
- They hope to motivate millions of people in this way to lead healthier lives. Investing in your health is not a goal for many, but money, on the other hand, is a motivation for many people to do things.
- This is an ideal way to introduce people to the developments and possibilities of web3.0.
- It is also good for climate change: because users are encouraged to walk and/or run, they will use the car less, which is better for the environment.
Sneakers
Before you can hit the road unsafe, you need good sneakers. STEPN has its own NFTmarketplace with numerous sneakers. Each sneaker is a non-fungible token that you need in the game. Each sneaker NFT is unique and has different features. You can choose walking shoes, running shoes or trainers.
Each of these also has a different uniqueness: going from common to legendary. The advantage? The more unique your shoe, the more rewards you will receive. At the time of writing, you have the cheapest sneakers for – hold on – about 1200 dollars.
You will receive sufficient instructions with each shoe. For example, in the example below you have to walk/run between 3 to 6 miles / 4 to 10 km per hour to get rewards. With a simple interface like other running applications like Runkeeper, everyone is ready-to-go.
Genopets ($GENE)
Genopets is said to be the first-ever move-to-earn NFT game. Like Stepn, it is built on the Solana blockchain. Do these beastly NFTs look familiar to you? Not by chance.
The team was inspired by the success of the popular game Pokemon Go. This is in combination with the Tamagotchi’s of the 90s. Match made in heaven. Each Geopet is unique and is your own “nft spirit animal encoded with your personality”.
At the start, you will receive a short questionnaire in which you make a choice between 2 options. Based on these results, you get a unique Genopet. It’s not just a game but your NFT evolves with you. Based on in-game decisions change like you as your NFT.
How does it work? Connect your app to Strava or Fitbit or other well-known tracking applications and get started. Join fitness challenges and earn free crypto.
This can be a number of steps per day, but also walking in a certain area near you. Your Genopet also becomes stronger, more fun and more unique the more points you receive. In the future, there may also be a connection with Apple Watch. In addition to these challenges, you can challenge other Genopets owners to a mini duel. The winner of this duel will again receive free crypto.
This game very clearly combines the play-to-earn principle with that of the move-to-earn. One reinforces the other. If you don’t participate in your daily fitness challenges, your Genopets will not progress and become stronger in the game. Consequence? You will have a harder time competing against other Genopets in the game. In this way, every user is motivated to be physically active.
Connection between the physical world and NFTs
Blockchain and crypto remain an abstraction for many. Complicated codes and blockchain layers? It’s often hard to understand something when we don’t see its uses.
With the development of play-to-earn, the crypto world has welcomed many new users, especially gamers who see a new revenue model in these blockchain games. With the arrival of move-to-earn, we hope that people are now massively motivated to move and work on their health. If money can’t motivate them, what can?
This also makes the boundary between the world of NFTs and the physical world very tangible. Where previously NFTs were useless digital pictures that sometimes trade for millions of dollars, these sneakers are now a valuable NFT with a very obvious utility in the physical world.
This can also remove a barrier to the unknown world of crypto for novice investors. More and more often we see interfaces between the physical world and the world of NFTs. The best of both worlds.
Conclusion
Video games often have negative connotations. Young people who waste their days, are not very productive and above all have few ambitions. But to what extent is this image correct? With the arrival and development of play-to-earn, this negative image has already changed.
Gamers of blockchain games have one goal, which is to make as much money as possible. And gamers from low-wage countries? They see their future change in the days in which they earn a monthly salary playing these games.
But more needs to be done. Global warming continues and more and more people suffer from health problems and obesity. We now know that crypto and blockchain are the future, so why not join forces?
Thanks to the integration of play-to-earn and the use of gamification, the development of move-to-earn is another important step in the adoption of crypto. Actively move, work on your health, and be richly rewarded for this. What a wonderful life!
