Move-to-Earn allows users to earn passive income while engaging in routine physical activities. The move to earn gamification works similarly to play-to-earn wherein players completely own their in-game assets, which can be exchanged for crypto or fiat money following their terms.
Here are some of the top move-to-earn projects.
STEPN was launched in March 2022. STEPN is the leading move-to-earn cryptocurrency with the highest market capitalization. It has a market capitalization of over 1.3 billion. Stepn describes itself as a web3 lifestyle app with gamefi and socialfi features that enables players to make significant earnings by walking, jogging, or running outdoors. The project is solana-based and requires users to purchase shoes in the form of NFTs to start earning rewards. There are several types of shoes available, each offering various earning levels. The shoe NFTs get damaged with use, and tokens must be used to repair them.
STEPN features an in-app nft marketplace where users can purchase different shoes, with a basic nft shoe costing about twelve solana. However, the relatively high entry cost can be offset by the significant rewards that users can earn from the project. GMT is the primary solana-based governance asset on the platform, enabling holders to vote on proposals initiated by the DOW and used to pay for shoe customization fees. The project also features the GST-Green Satoshi Token utility asset, distributed to users as rewards for leveling up shoes, unlocking sneaker sockets, etc.
Step App (FITFI)
The Step App was launched in January 2022. The Step App is a move-to-earn project that provides users with daily rewards for walking. The mobile app is currently available for users on IOS and Android. Users must have at least 20k step tokens to start earning rewards, while the maximum amount of rewards users can receive in a single day is 10 dollars, which can be earned by completing 30k steps. Users are rewarded in the form of BNB, and the reward pool comes from the transaction fees the project collects from users buying and selling the token.
Step App has a current capitalization of $108 million. Step is the primary bep-20 utility asset on the platform, distributed to users as rewards. It has a 5% buy and a 15% sell tax.
This was launched in November 2021. It is the world's first solana-based move-to-earn nft-based game. Genopets were inspired by Pokemon. The game integrates the popular play-to-earn model by enabling users to earn rewards for collecting NFT monsters called genopets. Users can connect their Fitbit to their Genopets account and earn gene tokens. The tokens can be utilized to upgrade your genopets' style, performance, and craft valuable items.
Genopets features a battle arena that enables players to compete in fast-paced mini games for move sets and item rewards from opponents. Users can also sign up for the public beta waitlist for early access since priority access is usually granted to genesis genopet owners, guild partners, and gene token stakers. Gene is the primary Solana-based utility asset distributed to users as rewards.
DOSE was launched in November 2021. It is the primary utility asset for the OliveX gamified fitness ecosystem. Users receive dose tokens for completing workout-based gameplay in various titles on the platform, including Dustland Runner—an audio adventure running game; Dustland Rider—a recycling fitness game; and 22 Pushups—a pushup challenge platform. The tokens received enable users to purchase NFTs, unlock items, participate in special events, etc.
Olivex is a leading gamified fitness developer based in Asia. It is building a fitness metaverse where players can workout at various places, such as their homes or gyms, and earn rewards and tokens. OliveX's strategy and vision are to develop and invest in several moves to earn titles in order to build a fully open and interoperable metaverse in collaboration with a number of strategic partners.
Olivex partnered with ape to introduce an exciting mission called "Operation Ape Players" that holds an exclusive access pass that would grant entry into unique side missions and allow players to earn DOSE tokens.
DOSE is the primary utility purchase and action asset in the OliveX ecosystem, currently boasting a market cap of over $17 million. It is currently available for purchase on Gate.io, pancakeSwap (V2), Uniswap, and many more.
Dotmoovs is one of the most anticipated moves to earn tokens on the market with its upcoming release of dance battles scheduled to drop around April 29th, International Dance Day.
Dotmoovs has a market capitalization of 36 million dollars and has been performing exceptionally well.
MOOV features a fully functional mobile app that allows users to compete against others in freestyle soccer performances, incentivizing players to practice soccer and earn rewards. The platform features a robust NFT marketplace. Dotmoovs could become the next crypto tick-tok once its dance features are released and users can compete against each other in dance competitions. MOOV is the token for the platform that users receive as a reward for winning.
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