With the popularity of the Move to Earn model, STEPN has become the most popular application in the crypto market in the first quarter of 2022. According to recent announcements, STEPN’s total downloads have exceeded 1 million, daily active users have exceeded 200,000, and the first quarter’s profit has reached 26 million US dollars, and has been promoted to become a new unicorn enterprise.
Genopets is Solana’s RPG based on the Move to Earn mode, where players turn their physical movement and cognitive exercise into game progression to level up and develop their in-game Genopet NFT, and customize it to their liking.
In terms of financing, Pantera Capital and Konvoy Ventures jointly led Genopets’ $8.3 million financing. Other participating institutions include Eniac Ventures, Alameda Research, Solana Capital, Spartan Group, etc.
GENE is the governance token of the game, which holders can use to vote on the future of the game and get rewards through staking. KI is an in-game revenue token, which can be used to purchase Habitat for pet life and evolution, as well as to evolve Genopet, refine crystals, and fight other players.
Walken is a lifestyle app on Solana, incubated by the GetFit health app with 60 million downloads on iOS and Android, and users will have the opportunity to exercise and play games through Walken to earn cryptocurrency rewards.
In Walken, the user’s daily steps will be converted into GEM (1000 Steps = 1 GEM), and then the GEM is used for the player’s NFT character (CATthletes), including upgrading speed, strength and stamina to help players in game battles, get WLKN cryptocurrency.
Movey is a Move-to-Earn application that combines automatic staking and automatic compounding protocols. It integrates blockchain and cryptocurrencies. Movey users can not only track their health status, but also earn MOVEY Tokens through mobile.
According to its official website, Movey offers the best fixed APY in cryptocurrencies, up to 100,335%, and automatic compounding rewards will be sent to users’ wallets every 12 minutes, 120 times a day. MOVEY is a BEP20 Token that can be used to buy NFT boxes, repair shoes, create NFTs, trade/rent/rent NFTs on the market, and participate in special events, etc.
Sweatcoin started out as a Web2 sports and health application and was established in 2015. According to the official website, its registered users have reached 64 million, distributed in 20 countries around the world. In the second quarter of this year, the project released the SWEAT cryptocurrency on Near, which users can obtain according to their daily steps, and can use the cryptocurrency to purchase corresponding products and services on the official market or donate to charities, etc. .
Each SWEAT user will get a wallet where they can buy NFTs, and a set of DeFi features will be enabled, including staking SWEAT or providing liquidity, and users can convert SWEAT into other cryptocurrencies or fiat currencies.
Team CEO and co-founder Anton previously founded a venture capital firm focused on HR and fitness technology and held senior positions at AT-Kearney, Reebok and PepsiCo. Its CPO, Oleg, has held strategic roles at institutions including Pepsi, Coca-Cola, Visa, BT and BCG.
In addition, Sweatcoin has received investments from institutions such as Spartan Capital, OKX Blockdream Ventures, Electric Capital, Jump Crypto, GSR, and the Near Foundation, as well as individuals such as Terra founder Do Kwon, Polygon founder Sandeep Nailwal, and Parity co-founder Bjorn Wagner Participate in the vote.
Step is the development protocol of FitFi (Fitness Finance), and Step.App is the first Dapp built on the Step protocol, built by the core team. The project aims to develop a series of location-based “X to Earn” products through NFT and geolocation technology, and create a gamified Metaverse for the fitness economy, where users can walk, jog and run to socialize, entertain and make money.
Team CEO Kirill Volgin is the former CFO of Zerion.io and has launched several projects in the crypto space, such as the Tokenary wallet, which is the first NFT wallet and supports the Safari extension. CTO Dmitry Gordeychuk was the head of blockchain at Symbiosis.finance and has 5 years of experience in blockchain development. In addition, well-known Kol Dovey Wan served as one of the project consultants.
The Step App token economy includes staking, locking, liquidity incentives, buybacks and burns, driven by the demands brought about by game benefits and game economic value.
FITFI is its governance token, which benefits from ecosystem fees, with a total of 5 billion pieces. KCAL is an in-game Token, which can be used to buy Sneak sneakers, and only KCAL can be used to mint Sneak. In addition, KCAL can be obtained by running when staking Sneak, but all Sneak must be pledged to obtain KCAL, and the earned KCAL is issued in a cycle of 10 days, but if the pledge is cancelled in advance, the unclaimed KCAL will be destroyed.
Calo is a blockchain-based mobile lifestyle app with GameFi elements that allows users to earn income through mobile activities such as walking, running, and training. Once in Calo, players will equip their SNEAKER to participate in virtual challenges, starting with running and walking, players will conquer challenges and earn FIT Tokens to continue participating in the next activity in the app.
In single player mode, players are equipped with NFT sneakers and earn tokens by moving. Also, stamina is required to earn FIT tokens, each stamina is equivalent to 5 minutes of movement, and will only start replenishing after the player has acquired the NFT sneakers. In Challenge Mode, players can join weekly and monthly challenges and must register for the challenge at least 24 hours prior to launch, at the time of registration, a refundable fee will be charged to keep players accountable.
In terms of economic mechanism, FIT is an in-game Token with unlimited supply. CALO is a governance Token with a total amount of 500 million. Based on the Heath Mining mechanism, each challenge completion of each user on the chain will trigger the corresponding CALO distribution, including result identification, tokens, token holding income and NFT mining pools. And record all private keys to ensure their fairness.
Dotmoovs is a peer-to-peer competition platform powered by a blockchain and artificial intelligence system that analyzes videos of users performing sports challenges and helps the winners earn rewards.
If two people are playing in different parts of the world, how can they compete? Dotmoovs first developed a proprietary artificial intelligence system, some advanced computer vision algorithms and an arbitration engine that detects the position of the human body and its various limbs, followed by a scoring algorithm to measure player skill. At the same time, these unique technologies are combined with blockchain technology, cryptocurrencies and NFTs to monitor the practice process and supervise peer-to-peer sports challenges between users.
StepG is a Move to Earn game developed by the chain game platform Supe Infinity. Players can earn vitality points by walking every day, and vitality points can be exchanged for on-chain assets, allowing players to exercise while gaining benefits.
In StepG, players need to buy NFT sneakers with the corresponding Usdt equivalent of SUPE to start playing. SUPE is the Supe Infinity platform token. There are five types of NFT shoes and four prices: 2000U, 1000U, 500U (two types), and 200U. The upper limit of the daily happy vitality reward corresponds to: 2500, 1000, 500 and 200 (happy vitality).
Step Of Doge
Step Of Doge is a Move To Earn project on the Binance Smart Chain that is closely related to pets. After users take their pets out, they use the NFT connected by a smart collar called STEPD-Collar to convert the number of steps they move into corresponding reward.
STEPD is a governance token with a total of 6 billion, which will be destroyed according to the monthly transaction volume. Among them, the team allocates 5% and locks the position for 12 months; 50% is used for pre-sale, 30% is used to provide liquidity, and 15% is used for destruction. STEPG is an in-game token, and the total supply is unlimited. Players can use it to repair or update in-game NFTs.
METZ is a mobile money-making game on Solana, which has a G sensor on the user’s smartphone, and then METZ uses native IOS and Android technology to obtain real-time motion data, and obtains rewards for users through NFT in the game.
MOVE is a Web3 app for monetization through sports that aims to inspire millions of people to adopt healthier lifestyles through GameFi and build a durable Web3 content platform through SocialFi.
MOV is its in-game Token, and the output is unlimited, which can be used to upgrade, repair, and cast new shoes in the game. MOMO is its governance Token, with a total of 6 billion, which can be used for sneaker customization, sneaker Lv28-Lv30 upgrade, and platform governance.
Fitmint is a mobile earning game with built-in NFT and SocialFi elements, users can get rewards in Crypto/NFT just by walking, running or exercising. First, NFTs are minted in the form of sneakers, then by walking, running, or performing any physical activity, users will earn in-game cryptocurrencies and spend those cryptocurrencies for in-game activities or cash out for profit.
Posted by:CoinYuppie，Reprinted with attribution to:https://coinyuppie.com/after-stepn-explodes-there-are-still-12-similar-move-to-earn-projects-to-follow/
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