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Topic: Move-to-Earn (M2E) tokens (Read 485 times)

full member
Activity: 840
Merit: 137
May 09, 2022, 01:25:34 AM
#72
M2E games are real in the space and it's effectively working. it's just similar with the P2E games and they are built on the same blockchain. The games is all about NFTs. As for P2P games, we have MBOX game which involves you connecting your metamask Wallet to your the game site. Perhaps you will deposit some certain amount of ETH to play the games. While for M2E game, it's simple and easily to earn. One of the App where M2E is active is the Sweatcoin. This app determine the number of steps you walked a day, and the miles you cover. That is, your earnings is based on your steps you walked daily. In a day you can have 10 Sweatcoins if you referred someone and makes 1000 steps daily. Then you would use your earnings to order a gadget from their site or app.
hero member
Activity: 2520
Merit: 711
May 08, 2022, 03:34:32 AM
#71
Have you heard about a new business model in the crypto industry called Move-to-Earn (M2E)? It's about tokenization of various forms of physical activity. According to the idea, this model should provoke more people to an active lifestyle, which will be encouraged by the tokens of the corresponding blockchain application.

At the moment, the most famous project is STEPN and their token STEPN (GMT), which has already raised almost $2 million in capitalization.

What do you think, what is the future of this business model and will there be a hype for such tokens?

In my opinion, Move-to-Earn is the new hype and trend of 2022-2023 as it is the best bridge to attract people to crypto. The only negative of such hype is that there will be a lot of scam Move-to-Earn clone projects.
member
Activity: 910
Merit: 14
Everyone join Blurt.blog & Steemit.com
May 07, 2022, 05:22:29 PM
#70
Sweatcoin was the original and should be utilized by everyone, then the Steemit Actifit Report card was maybe the first actual implementation, but both could be upgraded.
jr. member
Activity: 168
Merit: 4
May 07, 2022, 05:19:02 PM
#69
I think for a start the hype would help boost the project a bit far but I'm afraid it might also get lot spread with fake scam projects out there and die within a space of few months like it did for P2e. Scammers these days tend to use the trend to their own glutton advantage.
legendary
Activity: 2282
Merit: 1023
May 07, 2022, 05:03:34 PM
#68
Have you heard about a new business model in the crypto industry called Move-to-Earn (M2E)? It's about tokenization of various forms of physical activity. According to the idea, this model should provoke more people to an active lifestyle, which will be encouraged by the tokens of the corresponding blockchain application.

At the moment, the most famous project is STEPN and their token STEPN (GMT), which has already raised almost $2 million in capitalization.

What do you think, what is the future of this business model and will there be a hype for such tokens?
I have seen this communication in one of the telegram group and i was wondering what they are talking about. So does move to earn coins will give advantage for moving the coins all the time  Cheesy. I will check out the project but the business model is not promising as it will be an inflationary token to begin with for giving incentives for moving.

Edit:
Now i got it, earn and stay healthy by moving. Not sure how successful it would be, but it is interesting.
legendary
Activity: 1932
Merit: 4602
Buy on Amazon with Crypto
May 07, 2022, 03:16:11 PM
#67
I have invested 1500 dollars in this project. I will post my progress in this thread.
https://bitcointalksearch.org/topic/stepapp-5396373
Assess your risks, be prepared for losses if you plan to earn. Summer is a good time for such projects; in winter, when it's cold, I don't want to walk or run.
member
Activity: 63
Merit: 10
May 07, 2022, 01:52:01 PM
#66
Enjoy why it lasts   Grin, these shoes required to start earning will grow higher in price as time goes on, at one point it will look stupid to invest money just to keep jogging lol, we will get to where Axie infinity left off, the first comers becomes the winner and the new comers won't fill comfortable in the space.
staff
Activity: 2436
Merit: 2347
May 07, 2022, 01:33:46 PM
#65
full member
Activity: 411
Merit: 101
🦜| Save Smart & Win 🦜
May 07, 2022, 11:34:20 AM
#64
MOVE TO EARN maybe this is one of the successful projects this month, so many projects have started popping up with the same idea of ​​MOVE TO EARN but investors are aware that this is a good opportunity to get profits to enter in this new trending GMT stepn.
hero member
Activity: 2492
Merit: 542
May 07, 2022, 11:05:14 AM
#63
I can say this will be a welcomed development and also a good strategies behind the scheme knowing that M2E is a new business models but i don't know how its gonna be but seems to have the same impact as ICO, IDO, IEO or we call it the upgrade of P2E.
I looked at it and its same like P2E there isn't nothing new beside that you need to walk or run to get the reward. You still need to buy in app stuff so you can be able to earn. Investment isn't small to begin with so it's not yet for mass adoption.
Agree! starting investment for this game must be low for now as its just gaining attention lately but it disappoints many small gamers/investors that it needs huge funds inorder to play this game, I really want to try this new concept but cant afford for now maybe more competitors are coming with low investment needed.   
sr. member
Activity: 2254
Merit: 258
May 07, 2022, 10:41:47 AM
#62
In my opinion move to earn is the best concept . There are lit of projects who give you money while you are walking jogging or running. I heard about STEPN project which coins is gain so hype.

But the biggest question is sustainability if there are already thousands of users and more are coming will they keep rewarding people and these walkers or movers will just dump the token because it's a reward token, there should be usability and a supporting platform like a marketplace to sustain the project, not just as a form of reward.
full member
Activity: 826
Merit: 135
Tontogether | Save Smart & Win Big
May 07, 2022, 10:21:57 AM
#61
In my opinion move to earn is the best concept . There are lit of projects who give you money while you are walking jogging or running. I heard about STEPN project which coins is gain so hype.
full member
Activity: 2324
Merit: 175
April 30, 2022, 03:44:43 PM
#60
Have you heard about a new business model in the crypto industry called Move-to-Earn (M2E)? It's about tokenization of various forms of physical activity. According to the idea, this model should provoke more people to an active lifestyle, which will be encouraged by the tokens of the corresponding blockchain application.

At the moment, the most famous project is STEPN and their token STEPN (GMT), which has already raised almost $2 million in capitalization.

What do you think, what is the future of this business model and will there be a hype for such tokens?
This is a new trend and they are targetting a huge industry which is the fitness industry at the same time they are encouraging people to get by fit, after the play to earn we now have the move to earn concept, this is actually the second concept I've read in this forum the other one is sweatcoin where you get paid Crypto just to walk, I see more similar like this coming up and this will be the new trend.
member
Activity: 756
Merit: 16
We All Can Make It
April 29, 2022, 02:35:22 PM
#59

What do you think, what is the future of this business model and will there be a hype for such tokens?
STEPN (GMT) is not the first token to introduce the move to earn concept, I first heard about this concept from Izetex some years ago and I actually downloaded their app then and earned some of their tokens, I eventually got tired of following up but I don't hear much about them later.

Also COIN app has been on Google PlayStore for some years now where you can earn XYO for moving around while leaving the app running. I however do hope that STEPN has a long term plan to survive on this model and that it doesn't fade away. I'll like to see Cryptocurrency startups successful to encourage more people to come in.
legendary
Activity: 3122
Merit: 1102
Leading Crypto Sports Betting & Casino Platform
April 29, 2022, 08:22:23 AM
#58
Actually, the hype has started to be seen from the STEPN project with their Move To Earn concept, many people have used the application to benefit by living a healthy lifestyle. Actually, this concept is very good for profit especially for those who work as online taxis, such as grab, gojek, uber, they go on long journeys to earn money from their platform, and from STEPN. I'm sure it won't be long before it explodes, but I don't know if this trend will last long.

what i remember about this is the stepchain project, a fitness lifestyle app also where you can earn their coins by the number of steps youve taken. but, they haven't succeeded in the market, now, there's STEPN. who knows, there's connection between the old Stepchain to this STEPN? but anyway, this is a great app for health buffs individuals. as they can earn those tokens easy. but they need to reach out those people. so for me, this is not a new concept. it now depends on the team how they can make this platform successful in the market.
member
Activity: 1021
Merit: 12
April 29, 2022, 06:52:23 AM
#57
Actually, the hype has started to be seen from the STEPN project with their Move To Earn concept, many people have used the application to benefit by living a healthy lifestyle. Actually, this concept is very good for profit especially for those who work as online taxis, such as grab, gojek, uber, they go on long journeys to earn money from their platform, and from STEPN. I'm sure it won't be long before it explodes, but I don't know if this trend will last long.
sr. member
Activity: 1344
Merit: 335
#SWGT PRE-SALE IS LIVE
April 29, 2022, 06:25:54 AM
#56
I can say this will be a welcomed development and also a good strategies behind the scheme knowing that M2E is a new business models but i don't know how its gonna be but seems to have the same impact as ICO, IDO, IEO or we call it the upgrade of P2E.
I looked at it and its same like P2E there isn't nothing new beside that you need to walk or run to get the reward. You still need to buy in app stuff so you can be able to earn. Investment isn't small to begin with so it's not yet for mass adoption.
unfortunately this is required huge capital to start move to earn app, which is more than $1k.this is the concept on how earning money only by walking and activate application , this is never imagine before that by walking we could earn money. with this new business model , alot investors outside crypto market will try to join in this breakthrough. its have less risk if we compare with trading our anothr way to earn money.
sr. member
Activity: 728
Merit: 266
April 29, 2022, 04:54:51 AM
#55
               I have heard quite a few over the past year. At first I was hyped with almost every app or project that has mentioned the move to earn concept be it crypto related or not. But as time went by, I have realized that most of these move to earn apps aren't really that much worth the effort. I mean seriously, earning just small cents for 10k+ steps? seriously? lol. But in all honesty though, it is quite a fun motivation for being fit. Plus the new ones nowadays that are integrating NFTs on their move to earn projects are quite interesting as well like what OP mentioned "STEPN" and the other one I heard about which is "Dustland."
legendary
Activity: 2534
Merit: 1338
April 25, 2022, 11:18:28 AM
#54
Have you heard about a new business model in the crypto industry called Move-to-Earn (M2E)? It's about tokenization of various forms of physical activity. According to the idea, this model should provoke more people to an active lifestyle, which will be encouraged by the tokens of the corresponding blockchain application.

At the moment, the most famous project is STEPN and their token STEPN (GMT), which has already raised almost $2 million in capitalization.

What do you think, what is the future of this business model and will there be a hype for such tokens?

They just change the mechanics but it’s still play to earn which is already saturated on crypto market. StepN gain attention because they launch on Binance to get the funds. There’s nothing new on this idea besides it will encourage user to exercise but I wonder if this will be cheat proof because I’m playing Pokemon Go and there’s a cheat that you can walk virtually without doing the physical walk. I saw many new project starting to copy this kind of model.
I also think like this, it may seem like it is a new model or something but since you are still paid to do something then this is nothing but the P2E model with a variation to make it seem like a new thing when that is not the case, so what do I expect out of this? Not much, maybe people are going to get hyped about it and then we could see a lot of coins like that, but like most of the time people are just going to waste their time and efforts as I do not see how this can be sustained long term.
full member
Activity: 1204
Merit: 162
April 25, 2022, 11:10:03 AM
#53
I can say this will be a welcomed development and also a good strategies behind the scheme knowing that M2E is a new business models but i don't know how its gonna be but seems to have the same impact as ICO, IDO, IEO or we call it the upgrade of P2E.
I looked at it and its same like P2E there isn't nothing new beside that you need to walk or run to get the reward. You still need to buy in app stuff so you can be able to earn. Investment isn't small to begin with so it's not yet for mass adoption.
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