AltcoinResearch

Move-to-Earn is a fast-growing concept that rewards users with cryptocurrency for performing fitness activities.

It combines GameFi, NFTs and GPS technology to track users’ movements; this data is stored on a blockchain and converted into rewards, typically in the form of cryptocurrency.

Users can earn by trading these cryptocurrencies on exchanges, flipping in-game NFTs that have appreciated in value, or stake their assets on the platform to earn passive income.

What is Move To Earn?

The move-to-earn (M2E) model enables users to earn crypto by moving around, walking, running, or doing any other form of exercise, just as the play-to-earn (P2E) model of blockchain games enables users to earn crypto by playing.

The concept of move-to-earn was first coined by a popular app called StepN, a web 3.0 lifestyle app that launched in September of 2021 which rewards users with crypto and NFTs for engaging in fitness activities.

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