In the world, move-to-earn games are becoming increasingly popular. The user is rewarded simply for performing some type of sports activity. The firm pays you to walk or run, essentially. It would appear to be the simplest method to make money, especially for people who enjoy taking walks. But because this is not yet such a common behavior, it implies that everything isn’t as simple as it appears.
What Is the Move to Earn Model?
The Move to Earn (M2E) model is a new kind of game in Web 3.0. Its aim is to get people moving more often. Play-to-Earn differs from this because the user gets rewarded for actual activity, not just gameplay. Users are rewarded with in-game tokens when they walk or run using GPS on their smartphone. They may be redeemed later for cryptocurrency or utilized to raise your parameters and increase your income in the future. Many M2E games require users to buy an NFT at launch.
Most Popular Move To Earn Projects
STEPN
STEPN is a Web 3.0 app on the Solana blockchain that first appeared in January 2022. The main goal of this project is to help you stay healthy. In order to earn, you need to buy special NFT sneakers, which can be pumped and improved in every possible way. Although the rate collapsed at the moment due to general panic, StepN is gradually returning to the previous values.
Step App
The Step App is already anticipated to be the STEPN Alternative because of their comparable concept. They are, however, two different things. For example, Step App will utilize a team mode and lack code access as well. In addition, the creators intend to invite 10 million users. Step App, in comparison to STEPN, obtained contributions from individual users and offered restrictions on how much investors may influence the direction of the project.
GenoPets
The sneakers in Genopets are not available in the aforementioned games. However, you’ll find digital creatures that may be nurtured and developed in this app. Their development is entirely reliant on your lifestyle. This software collects data about your sleep duration, activity levels, heart rates, etc. Tokens will be given based on these criteria. Keep in mind that this game is presently in beta testing mode. The public launch should take place during Q3 2022.
Move To Earn VS Usual Games: Pros & Cons
The concept of the Move to Earn initiative is immediately recognized as a positive since it entices inactive individuals to walk more and be rewarded for it. This improves not just your financial situation, but also your general health. Games like this are unheard-of in the past.
On the other hand, prolonged sitting (sometimes for hours in one posture) and straining your eyes while viewing the vivid screen is highly detrimental to one’s health. Not to mention that games frequently need money to be invested for new levels to be unlocked and characters to be purchased, and there is no option for compensation.
Summary
The bottom line is that Move-to-earn is a promising concept. It does not yet have the number of projects and investors that Play to earn has, but it is becoming increasingly frequent. Given the worldwide trend toward a healthy lifestyle, it’s likely that this initiative will expand. This post was made possible with the help of Chainbroker.io
Stay updated with all the insights.
Navigate news, 1 email day.
Subscribe to Qrius
