The blockchain fitness craze rewarding people for exercise
Move-to-earn dapps reward people for moving around, in the real world. But there’s more to this new industry trend than just picking up some tokens after going for a run. There are various ways that different platforms utilize the technology to benefit their users. And people can also engage in all the usual profit-turning activities: staking, yield farming, minting, trading and coin speculation.
Summary
- Move-to-earn isn’t a brand new concept. But it’s only this year that it caught the imagination of the wider web3 community. $15 million has flooded into Fitfi’s staking protocol, before the platform has even launched its Step App.
- Genopets and The Dustland are finding original ways to make exercise fun. You can progress in their games by doing exercise in the real world to boost your in-game avatars’ stats.
- Since the crypto bear market truly began with the fall of Luna, move-to-earn coins have dropped…