Mining crypto by walking - page 5. | Bitcointalksearch.org

terrific

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Quote from: Abiky on January 10, 2020, 09:02:00 PM

A couple of years ago, there was a crypto project named "MangoCoinz" which allowed anyone to earn crypto by simply walking. The app used the smartphone's pedometer to keep track of the steps taken by an specific person. This encouraged anyone to exercise their body while getting paid in return. While this was great back then, the project is no longer being developed. Something like this would've been great to have in the mainstream world today, but I guess there was lack of demand for it back then.

I'd hope that someday a new dev team takes charge of the "MangoCoinz" project or simply create a fork of their own, to allow people to "mine" crypto by walking. It's completely revolutionary way of doing exercise while getting paid in return. Maybe launching an ERC-20 token with its own app will do the trick? Whichever way it is, I look forward towards the revival of an app that would work just like "MangoCoinz" did in its early days.

Do you think something like this will be viable in the future? Huh

It would be great to have these kind of technologies so that people will be encouraged to become healthy again.
An incentive while exercising is a great exchange, sweatcoin does have this and I think until now they still have the app running.
But I dunno where it can be exchanged.

nicolas1979

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This new concept with good purposes, people get healthy and money at the same time. People need to adapt with the idea but I'm afraid the project only get negative respond about it. Developer only need to fix how the strategy can works, if they take parking, gym center or healthy adviser as their concept I think the project will survive. Let's hope many developer will came with new healthy idea in 2020 because crypto market can keep standing mostly because of them.

Dickiy

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Quote from: Lanatsa on January 11, 2020, 04:24:24 AM

Quote from: pakhitheboss on January 11, 2020, 04:18:01 AM

Those were the golden days for startups!

All they needed to do was to come up with a unique idea and it was instant hit. Practically the coin was bound to get dead as few people are interested in walking in this era of mobility.

One of the main reason why this project didnt get enough attraction or interest.We know that we are already on era
where we do make ourselves too lazy to walk just like on having a simple hoverboard or people do have their own cars
to go into a destination.This will fit out to those people who are health conscious and crypto enthusiast but for majority?
This one would be highly rejected.

if you see the majority it means that this technology should be applied to the driver but is it possible to apply if it is yes then the project will be in the future

Lanatsa

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Quote from: pakhitheboss on January 11, 2020, 04:18:01 AM

Those were the golden days for startups!

All they needed to do was to come up with a unique idea and it was instant hit. Practically the coin was bound to get dead as few people are interested in walking in this era of mobility.

One of the main reason why this project didnt get enough attraction or interest.We know that we are already on era
where we do make ourselves too lazy to walk just like on having a simple hoverboard or people do have their own cars
to go into a destination.This will fit out to those people who are health conscious and crypto enthusiast but for majority?
This one would be highly rejected.

pakhitheboss

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Those were the golden days for startups!

All they needed to do was to come up with a unique idea and it was instant hit. Practically the coin was bound to get dead as few people are interested in walking in this era of mobility.

magneto

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I don't think that you can make this kind of system work.

There are too many loopholes to be exploited, in my humble opinion. One could very easily bypass any sort of anti-botting system especially when distribution is supposed to be for the masses. There is a trade of between accessibility and the ability for it to be abused.

Anyhow, it's an interesting idea, but not one for coin makers to capitilize off.

Dickiy

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Mangocoinz was indeed famous at the time and I really like any sport, especially by getting an altcoin like one of them Mangocoinz, would be unique if this was applied

JeotQ

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Really i don't like the use case and i think that is why it never worked out, its almost same thing with stepchain project that claim you can make money while doing your fitness exercises, here is the bounty link if you feel like checking it out

https://bitcointalksearch.org/topic/m.53200298

tsaroz

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As we move towards IOT, every of our activities would be connected. And as there are different companies working with different product, it would be a trouble to shift from one ecosystem to other. That's why companies need to come up with blockchain based technology to seamlessly communicate between one another and reward users for their use.

shaheer001

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This was a good step towards human health as this type of project encourages human beings to go for exercise and become healthy. I have recently seen some other good projects same like mangocoins like stepchain,hustle. which are doing the same mission through the crypto tokens.

Zicadis

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Dump it!!!

Any cryptocurrency that can be gained so easily can likely be gamed. There would to be 2 systems in place to prevent this using your idea;

1. Walkers would need to somehow unequivocably prove that they were indeed walking, rather than strapping their phones to one of those Pokemon Go-esque fake walking devices.
2. The reward would need to be so small that nobody would bother faking it, or running 100 phones at once to multiply their rewards.

If (1) is true, then the barrier to entry will be too high to make it casual. If (2) is true, then it won't properly incentivize people to use it.

With that said, I do like the concept of being incentivized to improve, but it's a hard model to monetize. For example Healthy Wage offers up to $10,000 for meeting some difficult weight loss goals, but requires substantial proof.

There are also platforms where you can bet on a weight loss plan, and people will bet against you. If you succeed, you win the counterbets, if you lose, you've gotta pay up.

sazonk

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Quote from: Abiky on January 10, 2020, 09:02:00 PM

A couple of years ago, there was a crypto project named "MangoCoinz" which allowed anyone to earn crypto by simply walking. The app used the smartphone's pedometer to keep track of the steps taken by an specific person. This encouraged anyone to exercise their body while getting paid in return. While this was great back then, the project is no longer being developed. Something like this would've been great to have in the mainstream world today, but I guess there was lack of demand for it back then.

I'd hope that someday a new dev team takes charge of the "MangoCoinz" project or simply create a fork of their own, to allow people to "mine" crypto by walking. It's completely revolutionary way of doing exercise while getting paid in return. Maybe launching an ERC-20 token with its own app will do the trick? Whichever way it is, I look forward towards the revival of an app that would work just like "MangoCoinz" did in its early days.

Do you think something like this will be viable in the future? Huh

Speaking of mining, it will never end, everyone thinks of how to mining easily, safely, low cost and satisfying results. Before it only reminds us of the meaning of mining itself, it is a work that is not easy and consumes energy and time and costs, in crypto mining is the same, it will spend time, money, and energy not to mention the repair of the device used and the trouble. alone. There are many that offer mining via smartphone, mining via investment, and now you can say mining while on the go. I think it will not be effective, until now there has not been a breakthrough in mining technology that is truly satisfying in terms of results that are offset by the expenses already used. I think mining walking is not necessarily a good choice in the future, unless there is a technology that has a minimum of 50:50 results with expenses such as mining using gear and rig.

biddicoin

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walking to earn crypto looks like weird for me. How it can? how the bussines model so it would be alive for long time?
as far I know, mining needs much sources to do. it is used for protecting network. if the mining is just walking like this, it wont work IMO

based on earning, if user is given much amount, inflation rises. if user is given less, no one interested
it is such as dillema. dev must consider this carefully.

LouVandetta

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How much will we earn on each step we take? I mean like, it's a good idea for people who likes walking and into cryptocurrency, or maybe this could be a good idea to encourage others to have a healthy lifestyles by walking. But the problem is how long do we have to walk to see what we got? This one sure needs a lot of development. Some people may agree on this but others may not, I think.

Adriano2010

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This was my first crypto coin i get at that time for free and it was possible to withdraw to PayPal on first phase and after who want could exchange it to use crypto exchange, was good the way was mined, and also not turn hot the phone when the app was used. Don't know if will be viable but is still a good idea if someone will do a new coin on similar concept.

And to answer to another who complain that someone could create virtual smartphone that simulate moving will not work, because the devs of that mangocoinz know what they do and only real phone moving give the coins at that time.

Taskford

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Quote from: Rodeo02 on January 10, 2020, 10:22:06 PM

Quote from: Totori on January 10, 2020, 09:36:01 PM

I love the concept of simply walking to earn crypto, but is it really feasible in the end?

the idea was good ,its rewarding users by walking but the problem about that is . Is there away developers can earn for such a project if they can then we can see many project will create the same as this one. But if not profitable for developers then theres no way they will waste time for this.

Well if there idea will click and many users will use their app for sure there are advertisers will come to them and that will generate them a revenue but I really wonder if there are people who will use this app since apparently this idea is totally boring and battery waster since for sure no people want their battery to get dead earlier for just a little compsations.

hatshepsut93

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This idea is stupid, it's trivial to create thousands of virtual smartphones that will report that they are moving, and there would be no way distinguish between them and legitimate users. All these "proof of human" type of coins fail to create a truly secure system, because this problem is quite fundamental and people outside of crypto couldn't solve it to this day, so how can some noname startup succeed here?

shinratensei_

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I just wanna know how long people need to walk to gather single crypto. This is possible to happen but the problem was if is it worth to try that right now? I just remember the main purpose of mining to create the decentralization to secure the blockchain and it may not be achieved with such kind of mining. If that will be used by meme blockchain and it may possible to happen for sure.
How many people are required everyday to secure the blockchain. Cheesy

Tipstar

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A more feasible would be a token with it's own fitness band. That way they'll have a revenue by selling bands while rewarding their faithful users with rewards for doing what the users thought of doing while buying the band. It would be like a cashback for properly using a product. It would be more effective if an established fitness brand come up with this idea. And atleast give me credits (and a paycheck).

Rodeo02

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Quote from: Totori on January 10, 2020, 09:36:01 PM

I love the concept of simply walking to earn crypto, but is it really feasible in the end?

the idea was good ,its rewarding users by walking but the problem about that is . Is there away developers can earn for such a project if they can then we can see many project will create the same as this one. But if not profitable for developers then theres no way they will waste time for this.

Topic: Mining crypto by walking - page 5. (Read 964 times)