With the popularity of P2E, more and more X To Earn models have gradually become the current trend, especially the emergence of the Move To Earn project has created a system that is more closely connected between the chain world and the real world. Then the decentralized finance is dressed as a simple game, not to motivate players to earn profits and make them boring and boring to click on almost similar pages (of course, more people choose – scripts), but Fully mobilize their enthusiasm for sports, provide them with passive benefits, and exercise their bodies at the same time.
What brings the field of M2E into the public eye is the most popular project at this stage – STEPN (GMT). With users from more than 180 countries, a daily retention rate of 80%, and a $5 million financing led by Sequoia India, so much data shows how lucrative this field is.
According to the normal development, this field is expected to become the next trend. So, what other M2E projects are worth paying attention to? Next, let’s take a look at it from my perspective.
Official website: https://www.genopets.me
Genopets is the first free, M2E NFT game on Solana that makes an active lifestyle fun and rewarding. Genopets combines user step count data from their mobile devices with blockchain Play-to-Earn economics, so players can earn crypto by taking real-life actions as they explore the Genoverse development and battle their Genopet currency.
In Genopets, pets are the most critical, originally procedurally generated NFTs, digital elf animals that hatch, nurture, fight and evolve. At the beginning of the game, when players cast Geno pet cubs, they need to input some character options that best reflect their personal characteristics, and then they can generate unique pets that are exclusive to the player. Pets go through four stages: infancy, youth, adulthood, and mystery. By participating in the daily step challenge, players can evolve pets, customize their attributes, and upgrade their rarity.
Although it is still in the optimization stage, it is a very popular project in the M2E mode. It should be launched in the third or fourth quarter at the latest. The game perfectly integrates F2E, P2E and M2E. Very popular abroad. Many well-known guilds have joined them in their financing and IDO links. From the perspective of popularity (user liquidity), balancing the in-game economy and game quality, it is still good. I look forward to it after it goes online. Performance.
Official website: https://wirtual.co
Twitter ： https: //twitter.com/WIRTUALapp
IR VIRTUAL Token
WIRTUAL started out in 2019 as a website to test their prototype in Thailand, and after building a portfolio of traditional clients like Mitsubishi and NBA, they have fully moved to an app that provides the same functionality, which is based on blockchain Construct. Like STEPN, WIRTUAL positions itself as a health/lifestyle app, but its core product is quite different, centered on a pay-as-you-go model that allows users to compete with each other on distance traveled, speed, and more.
Users can choose between different categories to compete with others to earn $WIR, such as who runs the most. Some categories are free, while others require payment through traditional payment methods such as credit cards or Token WIR.$WIR is the lifeblood of the entire application, because the project uses a single Token mode, the use case is as follows:
To earn WIR, players must participate in a challenge, whether it’s a sports category such as running, cycling, or swimming.For users who do not hold any WIR, the default daily income is capped at 0.1WIR, having more WIR will allow players to unlock new levels, which will allow them to earn more WIR.
The amount of WIR earned by a player is mainly determined by the player’s holder level and ranking at that time. Since WIRTUAL rewards 55,555.55 tokens per day, these tokens will be distributed to the participants who submitted the results according to their holder level. The threshold for daily tokens will be distributed to all application users by averaging the number of users who submit the number of results in each campaign type. The top five will receive additional rewards.However, if the daily cap of 55,555.55 tokens is reached, only top users above the minimum threshold will receive $WIR.Therefore, even if a valid result is submitted, it may not be possible to earn any $WIR because other users are doing better.
In addition to the basic distribution rate of WIR, being equipped with NFT wearables can increase the revenue rate of WIR while providing its benefits, such as increasing the number of submissions a user can submit per day. There are five tiers of NFT wearables: Common, Uncommon, Rare, Epic, Legendary, and Mythical.
Currently, the app is still in public beta, though it’s worth noting that the team has partnered with several sports brands including Garmin and Under Armour Thailand to host giveaways and collaborations. In the future, the team plans to incorporate social media elements and allow users to own and sell their personal data as a form of data mining.
Official website: https://www.olivex.ai
OliveX is a digital health and fitness company that provides a unique user experience through fitness gamification, augmented reality and gaming monetization experiences. The OliveX Fitness Metaverse provides a platform that fuses real-world fitness with the digital world in order to allow consumers to engage with brands, influencers and trainers.OliveX is designed for those exercising at home, in the gym or outdoors in over 170 countries.
Specifically, instead of building an app or a single game, Olivex aims to build a fitness Metaverse by creating a gamified experience of physical activity on the blockchain. Offer new experiences and incentivize users with digital assets by partnering with world-renowned gaming and fitness brands.
Unlike STEPN and Genopets, Olivex targets individual home, gym and outdoor exercise crowd markets in more than 170 countries. To do this, Olivex will not build a single app, but a Metaverse of many apps serving many different sports.
Currently, the projects under development are Dustland Runner and Dustland Rider. Dustland Runner is the world’s first workout-proof audio game where running in the real world advances the narrative and provides users with virtual rewards (NFT/DOSE Tokens) that users can use to level up and advance their adventures. The project will launch Mainet in the near future. Its NFT sale is now open, with over 600,000 NFTs priced at $5 each. Every user must burn NFT to participate in M2E with DOSE token.
Dustland Rider is a gamified fitness platform that integrates with physical bikes utilizing the Sol Cycle game engine. Using an exercise bike with a Bluetooth power/speed sensor, the game can monitor players’ physical output and propel them through the game’s narrative as they continue to exercise. Similar to the participation method of Dustland Runner, it is necessary to have NFT to conduct M2E.
The only Token to be concerned about—DOSE is the Token of Purchase, Utility, and Action. It is the core of the OliveX gamified fitness ecosystem. Players will earn DOSE Tokens for completing workout-based games and other experiences in Dustland Runner. These tokens can be used to unlock items, buy NFTs, and participate in special game modes.
In addition, the project has participated in the investment incubation of DEFY and Genopets, and cooperated with strategic partners such as Animoca Brands to contribute to the creation of a fully open and interoperable virtual world.Also, OliveX is working with global brands such as Playinnovation, Gym Aesthetics and Trib3, and intends to assist these and other brands in integrating into the Sandbox virtual world.
Official website: https://defydisrupt.io
DEFY is a location-based AR mobile game built on the Polygon Leyer 2 platform. It integrates Play To Earn, Learn To Earn, Move To Earn and the Metaverse model. It is very special. The user provides an F2E game path.
Gameplay involves players taking on the role of an agent, joining the Revolutionary Movement (DEFY), and participating in a mission to take down the evil tech oligarchy (Future Systems) in an effort to keep the Metaverse open. Designed with scale and longevity in mind, the game involves a dual-token model combined with a wealth of customizable and tradable game assets, as well as multiple active and passive income mechanisms available to players. As the game evolves, factions and player-to-player (PvP) elements will be added to enrich the game experience and enhance the complexity of the game economy.
The project is currently in the final stages and is about to launch Alpha Launch, and in the near future, the project has many opportunities to participate, such as Genesis VPM NFT MINT, LAND and IDO events.
The above is the whole content of this issue. Interested users are welcome to add WeChat Metaverse Lab assistant for further consultation. The explosion of the M2E model is mainly due to the feasibility and increasing popularity of the M2E model itself. Combined with sports elements, GameFi is transformed into a product that is beneficial to society. This is a rare pattern for very few blockchain projects.
Posted by:CoinYuppie，Reprinted with attribution to:https://coinyuppie.com/m2e-mode-has-become-a-hot-topic-which-projects-should-be-paid-attention-to/
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