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Topic: Move-to-Earn (M2E) tokens - page 2. (Read 412 times)

full member
Activity: 798
Merit: 134
April 25, 2022, 11:43:48 AM
#52
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.
legendary
Activity: 2072
Merit: 1023
★Bitvest.io★ Play Plinko or Invest!
April 25, 2022, 10:37:28 AM
#51
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?

Yes I have heard about it, I currently have one a friend introduced to me to download in my device and so far am earning the token by moving around. I do a lot of walk around so I found ot very useful since I will not only gain health but also earn tokens as reward for it.
I think this will be very useful in the blockchain since a lot of people engage in one physical activity or another in their daily routine.

The market is not doing well, I hope move to earn will become a new trend that can pull the market up again. Honestly, this is a pretty good model and applied in practice, participants are both healthy and profitable. I know this is also a trend like many previous trends of the market like P2E, NFT...but I really hope this trend persists in the crypto space as it is very useful.
hero member
Activity: 2184
Merit: 585
You own the pen
April 25, 2022, 09:00:07 AM
#50
Indeed, this one is new and I wonder how can we take advantage of this current offer for free?

I read the article here: https://www.coingecko.com/buzz/what-is-move-to-earn-a-look-at-genopets-stepn-and-wirtual

looks like a promising project for me, I played Pokemon Go back then, and I can relate with their platform but I just want to have quick explanations on how to earn with this one.
legendary
Activity: 2758
Merit: 1228
April 25, 2022, 08:49:17 AM
#49
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 heard about it but I didn't invest on STEPN yet, but yeah I can say that they are good for now they are been much hyped and goes trending on every social media channels right now. But I'm afraid that we are going to be in late phase if we buy their NFT at this point and that what make me think twice upon investing on that project.
legendary
Activity: 2422
Merit: 1036
Chancellor on brink of second bailout for banks
April 25, 2022, 08:45:47 AM
#48
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 remember Sweatcoin with this one where you will be paid just by jogging. Its a win for the user but I just don't know what will be the benefit of the company with it.

Same with this one. STEPN is the most popular one where you will be paid when you buy the NFT shoes which will be paying you tokens. Now with regards to the current business model, I just don't know what will be the future of this one because its hard to know but if this M2E tokens will be a hype then I would be exercise everyday. Keeping myself fit and at the same time, paying me. Double compensation Cheesy.
sr. member
Activity: 1050
Merit: 250
April 25, 2022, 08:30:22 AM
#47
What do you think, what is the future of this business model and will there be a hype for such tokens?
Hyped is already kicking in as Ive saw a lot of brand new projects that have concept like this which was just release after stepn. I didnt invest on stepn which is kinda regretting cause it did a good multiplier and still ongoing. The concept idea was good and somehow others enticed to it. But the other copy cats would likely be trying to get the hype as well. For everyone who got into gmt well congrats. But for the other m2e, beware chances some are just a rugpull trying to get hype.

In just a span of almost 2 months it has reached $3.80 I guess everyone in crypto space are riding into this hype and trend. With those you have mentioned with the same concept as Stepn, it would be more risky to put money into GMT since people might get diversified with the same M2E project and there will be a chance for the hype for this specific project to die down and divert to another project with the same concept.

utility still be the key why this project could growth massively only in short periode, people thinking with new way to earn money only by walking its new era for crypto industry. alot people especially from outside crypto market will use this technology to earn additional income. today i see another Move to earn appear and for investors it could be opportunity to be early investors like in GMT to get maximum profits, maybe splitting profits from GMT into new M2E project be their strategy to maximize profits.
staff
Activity: 2436
Merit: 2347
April 25, 2022, 08:16:05 AM
#46
Dont know on what would be the set-up for this one on how they would be tracking out real-time movement or activity of a certain individual considering that it would be prone to abuse or exploits

if we do talk about movement kind of tracking apps or something and since its been not monitored personally then you dont know if someone do really make out such movement but still do earn those
tokens/coins which i would really love to hear or know about on what would be the proper application for this one.

If they had raised out $2M for this idea then lets see if this one would succeed or not.

I studied this project in more detail and so far, personally, it all evokes bad associations with HYIPs, matrices and pyramid schemes. That is, to register in the project, you need an initial investment. Doesn't it remind you of anything?  Wink

You have to buy sneakers in the app, and they are not a small price. See for yourself: https://whattonews.ru/goto/https://magiceden.io/marketplace/stepn

The next thing that reminds you of the connection to pyramid schemes and gambling is the levels to be pumped up. There are 30 levels in total and the higher the level, the more tokens are paid out.

That is, if you actively use the application those sneakers you buy, they will pay off in 1.5-2 months, only then you will earn.
hero member
Activity: 2590
Merit: 549
Rollbit
April 25, 2022, 08:14:34 AM
#45
What do you think, what is the future of this business model and will there be a hype for such tokens?
Hyped is already kicking in as Ive saw a lot of brand new projects that have concept like this which was just release after stepn. I didnt invest on stepn which is kinda regretting cause it did a good multiplier and still ongoing. The concept idea was good and somehow others enticed to it. But the other copy cats would likely be trying to get the hype as well. For everyone who got into gmt well congrats. But for the other m2e, beware chances some are just a rugpull trying to get hype.

In just a span of almost 2 months it has reached $3.80 I guess everyone in crypto space are riding into this hype and trend. With those you have mentioned with the same concept as Stepn, it would be more risky to put money into GMT since people might get diversified with the same M2E project and there will be a chance for the hype for this specific project to die down and divert to another project with the same concept.
hero member
Activity: 2170
Merit: 530
April 25, 2022, 07:46:15 AM
#44
Well, let's see the development. sometimes projects with physical activity are sometimes more promising than those without physical activity. well, that's what people generally believe. so, it might be able to attract more users.
STEPN token probably many people use it because it seems like a project with a sports background. the more we exercise, or move, then it can earn more coins. well, that's quite an interesting idea
whether this can be hype or not, but if there is a project that can attract more people to use this, it could become hype in the future.

This is the first time I heard about M2E or move to earn and for me even though I don't know the meaning of this word I guess that this is like the P2E or the play-to-earn feature of the games. I believe that this kind of activity will encourage many people to actively join in an activity if they could have the chance to earn while achieving a fit and healthy body. Well, let's see if this could be possibly successfully implemented soon and in fact for me personally, this is a good idea.
legendary
Activity: 2688
Merit: 1004
Sugars.zone | DatingFi - Earn for Posting
April 25, 2022, 03:12:40 AM
#43
Well, let's see the development. sometimes projects with physical activity are sometimes more promising than those without physical activity. well, that's what people generally believe. so, it might be able to attract more users.
STEPN token probably many people use it because it seems like a project with a sports background. the more we exercise, or move, then it can earn more coins. well, that's quite an interesting idea
whether this can be hype or not, but if there is a project that can attract more people to use this, it could become hype in the future.
hero member
Activity: 2254
Merit: 831
April 25, 2022, 02:16:19 AM
#42
Move to earn is the adjusted term from Play to Earn and they are almost the same. It is similar to derivatives of ICO such as IDO, IEO, etc. The purpose is the same that is fund rasing.

Move to earn is for earning purpose solely and do you think people who join it are athletics, runners or just non-gamers who want to invest and earn by playing or moving? Doing something to earn is unsustainable from their mechanics because token is minted by developers, non-gamers invest into NFTs to play or to move and from initial investment, they can earn forever until any changes from developers to stop earning at high levels.

I predict that after Play to Earn, Move to Earn, we will see a few other things to Earn soon.
legendary
Activity: 2072
Merit: 1315
April 24, 2022, 11:27:54 PM
#41
What do you think, what is the future of this business model and will there be a hype for such tokens?
Hyped is already kicking in as Ive saw a lot of brand new projects that have concept like this which was just release after stepn. I didnt invest on stepn which is kinda regretting cause it did a good multiplier and still ongoing. The concept idea was good and somehow others enticed to it. But the other copy cats would likely be trying to get the hype as well. For everyone who got into gmt well congrats. But for the other m2e, beware chances some are just a rugpull trying to get hype.
member
Activity: 1204
Merit: 49
Binance #Smart World Global Token
April 24, 2022, 11:06:22 PM
#40


With the popularity of play-to-earn, seems to me that there is a growing interest on move-to-earn where people are being warded for moving their feet like walking or jogging. But this is nothing new because for years SweatCoin had been introducing this concept to many people but it failed to arouse such an enormous response like what STEPN successfully made so far. Unfortunately, I did not receive anything substantial with SweatCoin though I used the app while walking...it is so boring that right now I decided not to do anything with it. As for STEPN I still have to try this one...am hoping this is a lot better. Who would not want to get rewarded for moving our butts?
full member
Activity: 548
Merit: 167
Play Bitcoin PVP Prediction Game
April 24, 2022, 05:08:47 PM
#39
So far so good. I have some shoes from breeding my shoes and i  were using these to get daily earning and so far the income from doing walking was so good rather than you walk and get nothing. IMO if the business model of this is even better compared with the axie infitnity. When people can tokenize their walk into the token that can be exchanged for money and why not? This trend already copied by so many new tokens that used step as a part of its name. The trend in the crypto looks so crazy right now.
Any trend being copied instantly once it was coming tot he crypto.
isn't it make us got double reward from our walk? Beside our healthy kept , our moving wasn't be useless becahse we paid for it. This is really new technology which is make more people being active in their life. This business model could improve massively and make alot interested , new era of earning money now born and it is really simple to do, only by walking.
sr. member
Activity: 1204
Merit: 466
#SWGT CERTIK Audited
April 24, 2022, 01:58:35 PM
#38
Well, i think the hype of this move to earn mechanism is just due to GMT token, people are lazy, and most of the crypto dudes are super, i did not mean to harm anyone's feelings here, just saying. So moving to earn money isn't a good idea, there are many other platform which were just honey pots, no benefit, so competition of trust is hard in this field.

Infact there is a new platform i think ongoing in bounties section, which also prefer to mover to earn.
sr. member
Activity: 1372
Merit: 322
April 24, 2022, 11:36:43 AM
#37
I think yes, I have heard about the token GMT. Many people bought some running shows and they are making some money out of it. I have seen this in facebook few times. I don’t think this will have a great future. After the trend ends, there will be no more interest in such project.
legendary
Activity: 3066
Merit: 1028
Leading Crypto Sports Betting & Casino Platform
April 24, 2022, 10:56:49 AM
#36
So far so good. I have some shoes from breeding my shoes and i  were using these to get daily earning and so far the income from doing walking was so good rather than you walk and get nothing. IMO if the business model of this is even better compared with the axie infitnity. When people can tokenize their walk into the token that can be exchanged for money and why not? This trend already copied by so many new tokens that used step as a part of its name. The trend in the crypto looks so crazy right now.
Any trend being copied instantly once it was coming tot he crypto.
full member
Activity: 742
Merit: 102
Second Live
April 24, 2022, 09:27:38 AM
#35
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've been in this field for a while, so the way I see new trends coming with the hype to explode will only last for a short while if it's not the tool people are focusing on. arrive. The cryptocurrency market has witnessed a lot of volatility recently, so in addition to promoting BTC or some other big coins like ETH or BNB, I don't have too much faith in them.
legendary
Activity: 2198
Merit: 1232
April 24, 2022, 09:08:53 AM
#34
The move 2 earn business model is actually not a bad model when you look at it, but I don't think it's enough on its own. A large crowd has logged in now, then it will look like a scam when there is a sharp drop. If this business model is developed, I think it will be permanent. They need to design different move games so that more investors stay inside. Most of the current investors will exit after taking profits and there will be no re-entry unless the hype continues.
sr. member
Activity: 631
Merit: 253
April 24, 2022, 08:44:17 AM
#33
Stepn indeed has been making a lot of noise in the past few days which is pretty appealing for most of the people that are not familiar with the concept of move to earn. But for those that have already seen the other projects before stepn like sweatcoin, dustland, etc., it won't be that surprising. The only thing that sets it apart from the earlier projects that promotes move to earn is that it has better marketing and the nice collectible NFTs the stepn has. Too bad though, stepn isn't for everyone since it isn't cheap or you can't earn from it without quite a big amount of investment which most of the normal peeps won't be able to afford. But yes, it is a great move to earn project. My personal preference though is The Dustland with the post apocalyptic concept and all plus me being one of the characters while running, lol.
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