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Topic: The beginning of Fitness projects hype (Read 150 times)

brand new
Activity: 0
Merit: 0
November 26, 2022, 08:05:57 PM
#28
I noticed it's already not so trendy, but I still have the app and use it
hero member
Activity: 2772
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Leading Crypto Sports Betting & Casino Platform
April 29, 2022, 05:22:10 PM
#27
it has been running since a long time ago when the developers are only trying to follow the trend. When you are aware if this trend happened in almost all of trends where the new developers are competing to create the new projects that copied the popular one among the cryptocurrency holders. This trend was unhealthy trend. The developers were showing if they have no unique idea to develop the new app with their unique idea. They are only copy pasting the popular one to attract the demand instantly like what happened with the metaverse
full member
Activity: 2086
Merit: 193
April 29, 2022, 05:05:04 PM
#26
Since the success of GMT token (Step'N) few new fitness projects are showing up, today I come across another named FITFI aka Step app, is this the next feeding field for developers? Crypto keeps looking more like a race to make fast money from a hype before it's gone, no wonder we have so many unserious developers today.
Just like what you have said, those who will enter first will have a better chance to make money and most probably, they will leave right away before the hype will gone. This is cryptomarket, we can see a lot of weird staff and yet many are still buying it at first, but you can analyze the trend and you will realize the patter once they enter into many exchange, they are slowly dying. If you see this as a good project you can buy, but for me fitness project are quiet risky for me.
staff
Activity: 2436
Merit: 2347
April 29, 2022, 05:00:16 PM
#25
Since the success of GMT token (Step'N) few new fitness projects are showing up, today I come across another named FITFI aka Step app, is this the next feeding field for developers? Crypto keeps looking more like a race to make fast money from a hype before it's gone, no wonder we have so many unserious developers today.

If you want to make money on such projects, you have to enter such projects at the stage of venture capital investment. For example, there was a fork of the STEP project called STEP APP. So during the last unlock, which gave the opportunity to sell 10% of its allocation, gave its investors 100x.

And if you plan on installing these fitness apps and trying to earn rewards, it's a bad idea. Keep an eye out for new projects on the venture capital sites.
hero member
Activity: 1498
Merit: 702
April 29, 2022, 03:15:10 PM
#24
Since the success of GMT token (Step'N) few new fitness projects are showing up, today I come across another named FITFI aka Step app, is this the next feeding field for developers? Crypto keeps looking more like a race to make fast money from a hype before it's gone, no wonder we have so many unserious developers today.
If everyone in the Crypto-currency would were all expert I really don’t think that any project built on Hype would even survive, while all this crypto project that are primarily built on hype keep surviving is due to the fact that many newbies especially the greedy once wants to see how they can quickly make some box from it, it may be profitable for the first set of people but generally with time things tends to go soar and anyone coming in or still active in such projects may feel the backlash.
sr. member
Activity: 831
Merit: 286
Next Generation Web3 Casino
April 29, 2022, 03:11:52 PM
#23
Just be careful with those. Every project that goes on hype and gets the attention of the crowd, there will be other projects that are going to copy it.
They think that by copying them, they're also able to copy the success and hype of those projects. So before you invest too much with these hype fitness projects, think again.
The hype project is not that bad but the project is not worth holding in the long term and we have to maximize the profit because the hype peak is very popular, but I am very impressed that the hype of the fitness based project is the main topic at the moment, while the fitness based project in ICO sales is not some are popular.
sr. member
Activity: 1722
Merit: 269
April 29, 2022, 03:06:02 PM
#22
Since the success of GMT token (Step'N) few new fitness projects are showing up, today I come across another named FITFI aka Step app, is this the next feeding field for developers? Crypto keeps looking more like a race to make fast money from a hype before it's gone, no wonder we have so many unserious developers today.

I totally agree with you here. The whole crypto market is sadly still almost entirely based about hype and the current trend. Once Axie Infinity became such a huge success and made the early investors and the early players make a lot of money we suddenly had hundreds of play2earn games coming up. The big majority of those projects just wanted to ride the hype wave of play2earn and make some quick and dirty money with it with as little effort as possible. Most of the tokens are dead already again or will be dead within a few months. The same will be true for those fitness tokens. Only a handful will survive in the end.
hero member
Activity: 1680
Merit: 506
Trphy.io
April 29, 2022, 12:16:18 PM
#21
Since the success of GMT token (Step'N) few new fitness projects are showing up, today I come across another named FITFI aka Step app, is this the next feeding field for developers? Crypto keeps looking more like a race to make fast money from a hype before it's gone, no wonder we have so many unserious developers today.
And people always take a good chance at that because every token launch that has started to improve, will always be used for short-term profit, because tokens that last in the long term and are not affected by hype are good and strong tokens in the market, not like a token that is born for a moment which can then just disappear.
full member
Activity: 547
Merit: 110
April 29, 2022, 12:01:19 PM
#20
I am also surprised by the current development of crypto. Many new coins are popping up by developing very diverse ideas.
but after the hype the coin suddenly disappears and will be replaced by other hype coins.
It's a little difficult to find a consistent crypto project that can really build the coin big and the price can continue to rise
thus providing benefits for those who invest there.
let's developers develop a good project and consistently develop it until it becomes big. have stopped looking for a momentary profit that only relies on hype
legendary
Activity: 1736
Merit: 4270
April 29, 2022, 11:50:23 AM
#19
This is where the laws of mathematics come into play. As long as new users come to these projects, their money is paid out as a reward for walking or running to earlier users. Those who entered the very first and are not greedy will earn money, while the latter will lose their money and some extra calories Smiley
hero member
Activity: 1232
Merit: 603
When life gets hard BUY Bitcoin!
April 29, 2022, 10:52:57 AM
#18
Since the success of GMT token (Step'N) few new fitness projects are showing up, today I come across another named FITFI aka Step app, is this the next feeding field for developers? Crypto keeps looking more like a race to make fast money from a hype before it's gone, no wonder we have so many unserious developers today.

All this time I thought FITFI is a secondary token of StepN due to there similarities. New project with same idea is actually not surprising because the demand due to hype on this kind of move2earn mechanism is very high.

I'm this hype will be over just like what happened to Axie and other NFT games. Just make sure to ride the hype cleverly so that you can get benefits on it.
legendary
Activity: 1736
Merit: 4270
April 29, 2022, 10:43:34 AM
#17
I will add 1 more project
https://www.walkwithstep.io/
https://www.coingecko.com/en/coins/step
GMT (Step'N) has a lot of feedback and Step App (FITFI) hasn't launched yet.
Smart people make more money reselling NFT sneakers than fitness.
legendary
Activity: 3640
Merit: 1407
April 29, 2022, 10:35:57 AM
#16
Since the success of GMT token (Step'N) few new fitness projects are showing up, today I come across another named FITFI aka Step app, is this the next feeding field for developers? Crypto keeps looking more like a race to make fast money from a hype before it's gone, no wonder we have so many unserious developers today.

Great another dumb coin fad  Roll Eyes

And let's not call them developers.  All they do is copy paste, take people's bitcoin and move on to the next thing.  Why do people continually fall for this stupid crap anyway lol.  Greed is a powerful drug.
member
Activity: 252
Merit: 12
April 29, 2022, 10:33:24 AM
#15
I am just going to focus on making money on any fitness tokens that comes after GMT, none of them are going to be like the original and they are all going to end in the same way 👉 failure, not a good utility to advice you guys on, but if you must going any fitness project make sure you make some money and exit the project ASAP.
full member
Activity: 602
Merit: 102
Trident Protocol | Simple «buy-hold-earn» system!
April 29, 2022, 10:29:16 AM
#14
Since the success of GMT token (Step'N) few new fitness projects are showing up, today I come across another named FITFI aka Step app, is this the next feeding field for developers? Crypto keeps looking more like a race to make fast money from a hype before it's gone, no wonder we have so many unserious developers today.

There are so many apps now available in the market where people are getting paid for walking, running, swimming etc. Have you ever thoughtwhat is their source of income? It's your data. To make such apps work, you need to provide them access to your location data which they sell to the advertisers. It's all data monetization game!

If you are serious about your privacy, you would rather not install these apps ever.
For certain countries, identity is not very functional for them to protect, nowadays the development of the times has made work easy to do anywhere, but if we still think identity is a matter of privacy, then we cannot carry out the function of today's developments, so think about it. how to secure identity, not allergies to granting access to our location data, because nowadays we are required to follow this pattern at work
legendary
Activity: 3080
Merit: 1500
April 29, 2022, 10:07:09 AM
#13
Since the success of GMT token (Step'N) few new fitness projects are showing up, today I come across another named FITFI aka Step app, is this the next feeding field for developers? Crypto keeps looking more like a race to make fast money from a hype before it's gone, no wonder we have so many unserious developers today.

There are so many apps now available in the market where people are getting paid for walking, running, swimming etc. Have you ever thoughtwhat is their source of income? It's your data. To make such apps work, you need to provide them access to your location data which they sell to the advertisers. It's all data monetization game!

If you are serious about your privacy, you would rather not install these apps ever.
hero member
Activity: 2856
Merit: 578
Leading Crypto Sports Betting & Casino Platform
April 29, 2022, 09:59:49 AM
#12
Very interesting as it will help people to walk and be fit but reading information about this Sweatcoin how will this be sustainable in the long run in the market, the developers projected 100 million users, so there will be 100 million using this application we all know it's a rewarding project but who will be the buyer of this token and, we all know there is should be demand on the token for the project to be sustainable.

According to the details they are going to set up a marketplace but I doubt if this will encourage demands they have to do better than a marketplace, imagine they are targetting 100 million users, and is it worth using the app if you want to make money out of it, let's see how this project goes in the long run.
full member
Activity: 1946
Merit: 112
April 29, 2022, 09:50:02 AM
#11
Since the success of GMT token (Step'N) few new fitness projects are showing up, today I come across another named FITFI aka Step app, is this the next feeding field for developers? Crypto keeps looking more like a race to make fast money from a hype before it's gone, no wonder we have so many unserious developers today.

Now it is difficult to predict what will happen in the crypto market as global changes are taking place in the world. As for fitness crypto projects, they were there before, but unfortunately I personally didn’t earn anything from them. The fact that a trend for such projects is now possible is evidenced by the fact that summer is ahead, which means that many people will spend more time on the street, which will allow them to do more outdoor fitness. This is likely to affect the increase in the market entry of similar crypto projects and cryptocurrencies. As for their success, this is a moot point, since the majority always just want to make money quickly, which means you need to carefully choose one or another project to participate in.
legendary
Activity: 2450
Merit: 1225
April 29, 2022, 09:45:19 AM
#10
Not new at all, ended with the same thing = FAIL.

See LYMPO, one of the gym token too but they also fail and try to offer "NFTs" again by doing crowdfunding. All ICO most the time is fail, unless they're successfully bring some unique product/chain into crypto-space.

That's why never invest in ICO.
legendary
Activity: 2422
Merit: 1036
Chancellor on brink of second bailout for banks
April 29, 2022, 09:44:47 AM
#9
Since the success of GMT token (Step'N) few new fitness projects are showing up, today I come across another named FITFI aka Step app, is this the next feeding field for developers? Crypto keeps looking more like a race to make fast money from a hype before it's gone, no wonder we have so many unserious developers today.
GMT or Step'N is a combination of NFT and Fitness since you need to buy NFT in order to have some earning mechanism (correct me though if I'm wrong).
I've seen Sweatcoin in the past and its the same as this one where you will be paid just by doing some exercises like jogging etc.

Now with regards to Fitness projects as the hype, it might as well since we've seen GMT's price rising. We might see similar projects as with Step'n with a little bit of a tweaks in the future. Another hype, another way to scam investors again and another way to make some rug pulls again Cheesy.
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