NFT Move-To-Earn – Get Rewarded With Crypto While Jogging
Play-to-earn NFT games went ablaze in 2021. Gamers all over the world were ecstatic about the potential of earning from playing online games. Now, 2022 got even better with the new move-to-earn (M2E) apps that will allow you to get incentivized from your daily physical activities like jogging. Suggested Reading | Afghans Aim To Protect […]
Related News
Strong hype around the move-to-earn sector helps GMT price establish a new record high. The native tokens of move-to-earn lifestyle app STEPN swung higher on news that they would be available to trade on Coinbase, a U.S.-based crypto exchange.The price of STEPN's governance token Green Metaverse Token (GMT) rallied by nearly 20% to reach over $4 in the past 24 hours, hitting as high as $4.50, its best level to date.GMT/USD four-hour price chart. Source: TradingViewSimilarly, the other STEPN token, called the Green Satoshi Token (GST), which players earn after walking, jogging and running....
Does it look like the move-to-earn games are the next big thing in the gaming sector? Genopets and Dustland Runner, STEPN and others are making moves to make it happen. Play-to-earn (P2E) games continue to dominate the crypto industry as more than half of the active wallets tracked by Dappradar have connected to blockchain-based games in the first quarter of 2022. Games like Axie Infinity — even with last month’s catastrophic Ronin bridge hack — Pegaxy, Alien Worlds and others continue to put up millions of dollars in trading volume in the previous 30 days. Despite this, the....
The key differences between play-to-earn and move-to-earn explained. Are you ready to earn money while you play and move? P2E vs. M2E GamesThe key differences between P2E and M2E are the rewarding system and the revenue model. As you can tell, there are some differences between the P2E model and the M2E model. Both of them are so much more than virtual gaming, that’s for sure. P2E is expected to transform from a trend to a mature concept. The gaming industry is exciting, but it should not be forgotten that relaxation and community engagement should remain central. Real gamers care more....
Tokenomics emerged as a popular concept in the crypto space in 2017 as a way to incentivize certain behaviors on blockchains through the use of tokens. The idea is that by aligning the economic incentives of a project with its users, you can more effectively drive adoption and usage. One area where tokenomics have been applied is in the realm of fitness and exercise. The theory goes that if you can reward people for getting in shape and staying active, you can help address the global obesity epidemic. Recent years have seen a number of “move-to-earn” apps emerge, including....
In little over a year, the concept of ‘X-to-Earn’ gained a strong foothold in the cryptocurrency and Web3 space, and has already evolved into numerous different incarnations. Play-to-Earn (P2E), Move-to-Earn (M2E) and Watch-to-Earn (W2E) are just some of the ideas blockchain developers have come up with to incentivize the use of their products while at […]