Move to Earn (M2E) transforms fitness and finance by merging physical activity with cryptocurrency rewards. Unlike virtual counterparts like Play to Earn (P2E), M2E incentivizes users with real-world activities like walking and running, utilizing GPS, NFTs, and blockchain. Apps like Step App offer diverse earnings through exercise and in-game activities. The future holds promising trends with technological advancements and collaborations, transforming how we perceive fitness incentives. Move to Earn innovative approach invites individuals to a future where every move leads to both physical and financial gains.
What is Move to Earn: It is a concept used in blockchain applications that allow fitness enthusiasts to earn Crypto tokens while they are physically active.
Ways to earn: Move to Earn applications not only reward physical activities but also incorporate game mechanics, broadening the range of ways to earn. Some of the ways of earning are physical activities, minting new NFTs, trading NFTs, participating in challenges, and so on.
Why M2E is the future of fitness: M2E has a huge potential to improve the quality of users' lives by providing additional motivational elements for people who want to start or develop their physical well-being. Motivating aspects include the opportunity to gain financially, socialize, and enjoy exciting game elements.
Move to Earn (M2E), which started gaining popularity in early 2022, has become a revolutionary concept in the cryptocurrency space, offering users rewards in crypto tokens for engaging in different kinds of fitness activities. Unlike Play to Earn (P2E) games, which focus on virtual activities, M2E encourages physical exercise at its core, thus making fitness a rewarding and exciting experience.
Move to Earn is all about users earning cryptocurrency rewards through physical activity, e.g. walking, running, cycling, etc. The integration of technologies such as GPS, NFT, blockchain and cryptocurrencies creates a seamless experience where users are rewarded for moving around in the physical world.
Users earn rewards by moving around and engaging in exercises in the real world. Whether it's walking, running, cycling or exercising, these activities are converted into crypto tokens, creating a direct correlation between physical activity and rewards.
M2E apps use technologies like GPS, NFT and blockchain to track physical movements and reward users with crypto tokens. For example, Step App uses KCAL Token (KCAL) to reward users during their fitness journeys.
In-game assets and NFTs are tradable assets on secondary markets. Users can use minting functions to create new NFTs for more profit. This economic aspect enhances the gaming experience by allowing users to trade items such as Sneak NFTs, Gems, Boxes, etc.
Staking means depositing crypto assets to earn additional interest. Many M2E platforms provide staking of crypto tokens used in M2E apps. In addition, staking can also be considered the removal of NFTs from circulation, for example, Step App users can put Sneak or Headset on the shelf forever, thus increasing their earning capabilities.
Factors such as NFT quality, attributes, as well as the use of various enhancing in-game elements play a crucial role in determining earnings. Collecting rare sneakers, levelling up, and other activities contribute to higher rewards.
Features Comparison (Earning, Rewards, Opportunity to Exchange):