Move-to-earn: Apps that pay you to move your body

Not so long ago it was the play-to-earn which was all the rage. Back then, it was about games that let you earn crypto by playing games. Today, the frenzy is turning to so-called “move-to-earn” applications. Yes, things are moving fast in the cryptosphere in terms of trends!

Here, the concept is to move your body to earn tokens (cryptocurrencies). The concept appeals to so many people that blockchain developers seize the opportunity. More and more applications in this direction are appearing. It even became difficult to make a choice.

Let's see the 5 most established move-to-earn apps. You can use them right now if you want to stay healthy while making money.

Earn cryptocurrencies while walking

The idea of ​​move to earn is to move your body. It doesn't matter how you do it. Some apps ask you to run. Others simply ask you to walk. In fact, it is your phone that will serve as GPS and track your movements. This is how people can measure their gains.

So, if we generalize the concept, by walking in the street, while doing your shopping, you can earn money.

Some applications pose particular challenges to make the experience more thrilling. Some allow you to earn while cycling. In short, you will see, you are spoiled for choice.

1/ Sweatcoin : the oldest move-to-earn application

Yes, Sweatcoin was the pioneer in this field. Until today, it is the number 1 application in many countries. In fact, it seemed truly revolutionary when Sweatcoin was released in 2015. At that time, cryptocurrencies were not as popular as they are today. In fact, the distributed tokens are not cryptocurrencies in the proper sense.

Sweatcoin is very intuitive to understand. Simply walk to earn #SWEAT tokens.

In fact, for every 1000 steps recorded, you earn special tokens. At the moment, these are not tokens that you can use in marketplaces like Binance ou Kucoin. Rather, these are coins that you can trade directly on the Sweatcoin app. You can exchange your SWEATS coins for vouchers or for dollars directly.

What's great is that you can spend them in several stores. This actually serves as cash that you can spend happily.

The SWEAT token will be officially listed on platforms this summer of 2022. So, it's definitely a good time to collect some. Seriously. The app is free. It costs you nothing.

—>With our link, you earn 5 SWEATSHIRT now.

Today, the app has over 64 million users. In this, this makes it the oldest and most established move to earn a app in existence.

? What is interesting with Sweatcoin, is that it is free. You don't have to purchase anything to earn points. The more you walk, the more you earn. The application's business model is based on advertisements viewed by users.

2/ StepN: The new arrival who is all the rage

The StepN app is clearly the one who introduced the concept of Move-to-earn to everyone. The success of the application has exceeded all expectations. StepN was quickly relayed by crypto influencers (notably on YouTube) leading to a wave of massive use.

In fact, StepN’s GMT token has already risen to 47th place in terms of market capitalization. Such an increase occurred in the space of just a few months.

The GMT token has gained more than 30,000% since its launch. The success was immediate and was very well relayed among users.

That said, with new competing applications, the token will have to fight to keep its place.

While Sweatcoin promotes walking and strolling, StepN also interests runners. So, athletes can find a healthy way to earn money there. In fact, the app offers 4 different types of movement. This ranges from a simple walk to a sprint.

There are different levels that the user must reach to earn even more GMT tokens.

To learn more, you can read our full article » STEPN: Earn tokens while jogging?". You will be able to better understand how to use the application optimally.

3/ rBicycle: The move-to-earn for cyclists

The Zonebitcoin editorial team does a lot of cycling...So, obviously, we already love this new rBicyle application. It's a move-to-earn application aimed at cyclists! This pushes us to make even more bikes 😉

By pedaling, you can then earn $CYCLE tokens. We remind you that we are writing this article on May 3, 2022. In fact, the token is not yet listed on exchange platforms. However, you can buy them on pancake swap or on Dextools in exchange for WBNB.

That said, the project has not yet been officially launched either. We are truly early adopters, as they say.

It's up to you if you want to invest in this project. Don't forget that nothing tells us that it will be as successful as StepN for example...That said, it remains the only application that wants to pay cyclists. The market is therefore theirs…

4/ The DustLand: The most original fitness application

The DustLand is a move-to-earn app unlike any other. The Dustland is perhaps the most sophisticated application of finesse there is. The roadmap turns out to be very rich in development. There will be a lot of new features.

It really is a move to earn application to follow closely. The system here is based on auditory experience. The user must wear their headphones and must follow the instructions of the story they are listening to. He must unlock the chapters by traveling a certain defined distance. Here again, you have to exceed a few levels to earn DOSE tokens. Users can also earn non-fungible tokens (NFT).

It is certainly the most complete application in terms of user experience. This is thanks to the team behind The DustLand. It is in fact an application developed by the group Olivex. It is a sort of incubator specialized in move-to-earn projects. They have developed numerous applications in this direction. We can cite for example Zombie run which is also very successful. Likewise, all projects are financially supported by Animoca Brands. It is the best-known investor in play-to-earn games.

This is certainly what explains the numerous partnerships created by Dustland with recognized projects. For example, for holders of APECOIN (APE), there is a pass adapted for special activities.

We wouldn't be surprised if the projects attract more and more users.

5/ Walkwithstep: The application that combines fitness and GameFi

This is perhaps one of the closest move to earn applications to DeFi. Indeed, you can win by playing sports first. Secondly, we can do staking of the native STEP token. This therefore remains a very interesting application for farmers for example.

The only downside of the application is that you have to buy tokens to earn rewards. Users must have a minimum of 18 Step tokens in their wallet to be eligible for rewards. 000 tokens currently costs around $18,000. It's not cheap in fact. That said, the token risks gaining even more value if the app succeeds in attracting people.

There is also 5% purchase tax and 15% sales tax. This limits the massive sale of tokens by holders.

If you want to know where to buy STEP at the current rate, the top cryptocurrency exchanges for STEP stock trading are currently on LBank and PancakeSwap (V2)) against BNB token.

(To find out how to do it, read our article Pancakeswap tutorial). Otherwise, you can buy STEP token directly on Site by credit card if you want to avoid DEXs.

What is interesting about Walkwithstep, is that it works like a DeFi protocol. Users can be liquidity provider For example. Just go to https://walkwithstep.netlify.app/swap to do so. You will be able to do Yield farming therefore with APR rates currently at 295%.

This can be a good opportunity for those who want to invest directly and who believe in the project.

? Please note: : There are more and more move to earn applications which use the same name with a few syllables. Be careful about the links you use. Do not log in with your wallet until you have verified that the link is correct.

Can you really make money from fitness?

Move-to-earn applications appeal to many users. It is a fact. It's not so much the fact of moving that users like. No, it's more about making money with it. However, is this really the case?

It is important to understand that the goal of these applications is to also earn money. The business model is then very difficult to put in place so that both parties win. It is certainly possible to generate small income with these applications.

That said, this is not how you are going to become a millionaire. The tokens returned to users are too low on the one hand. Second, apps place limits on daily activity. For example, for StepN, the energy gauge gradually empties when the user performs an activity. When the gauge is empty, using it no longer earns GMT tokens. Even if he continues to play sports, he no longer earns anything...

To remedy this, he will have to buy "virtual sneakers". This saves the user from having to wait 24 hours for the gauge to fill up. The system is very well thought out because the user is then tempted to get some. The sneakers cost around 9 SOL (around $800). This remains a significant investment, let's be clear. It is also not accessible to all budgets...

So, with StepN, we see the limits of some of these applications…

Applications accused of Ponzi and data recovery

Many people criticized StepN and accused them of doing a Ponzi scheme. Buying expensive virtual sneakers being the main cause. Do we always need newcomers for the game to survive?

It depends on the business model chosen and each application. Some are better thought out than others. Some will make you spend more than you earn, that's for sure.

Calculating the profitability of these applications remains difficult because the prices of the tokens are volatile. For StepN, when the token increases in value, users are delighted. It is a fact. The craze has also crystallized around the continued rise of the GMT token. However, we must not forget that we are at the beginning, in the full euphoria of the project. What will happen if the token loses value?

We must keep in mind that the ecosystem is still unstable. You have to be careful about the assets you need to purchase to use these applications. The assets you own might be worthless if the application loses its luster. That is why Sweatcoin is particularly interesting in terms of profitability. We can also mention the application DotMoov which stands out for its originality.

The ideal is to use these move-to-earn applications for fun. Do not think either that this will be an ultimate way of generating passive income. If this is your case, consider diversifying with systems of crypto staking for example.

The problem of data collection

To measure the distance traveled by users, move-to-earn uses the location of the phone. Some applications go even further. They will request access to photos and certain files on the phone. The player's data is then exposed to application theft attacks. Even if the applications use security systems. We are never safe.

Likewise, some apps use the battery excessively in the background. That said, know that for Sweatcoin, the app does not use your phone's battery.

In any case, it's up to you to test the different move-to-earn applications. Choose the one you prefer. Take advantage of it to do sports and have fun. Be careful, however, of speeches that are too "wonderful"...

If there is an app you prefer, tell us!

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Note: No financial advice is given in this or any other article on zonebitcoin. This is information of which you are the sole judge and master. Be responsible with your investments and only invest as much as you are willing to lose.

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