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

Not so long ago, play-to-earn was all the rage. These were games that let you earn cryptocurrencies by playing. Today, the frenzy has shifted towards so-called "move-to-earn" applications. Yes, trends move fast in the crypto world!

The concept here is to move your body to earn tokens (cryptocurrencies). The concept appeals to so many people that blockchain developers are seizing the opportunity. More and more applications in this area are appearing. It's even become difficult to choose.

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 a pioneer in this field. To this day, it remains the number one app in many countries. In fact, it seemed truly revolutionary when Sweatcoin was released in 2015. At that time, cryptocurrencies weren't as popular as they are today. Indeed, the tokens distributed aren't cryptocurrencies in the strictest sense.

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

In fact, for every 1000 steps you take, you earn special tokens. Currently, these aren't tokens you can use on marketplaces like Binance or Kucoin . Instead, they're coins you can exchange directly within 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 can win 5 SWEATS right 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's interesting about Sweatcoin is that it's free. You don't have to buy anything to earn points. The more you walk, the more you earn. The app's business model relies on ads viewed by users.

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

The StepN app is clearly the one that brought the Move-to-Earn concept to the forefront. Its success exceeded all expectations. StepN was quickly promoted by crypto influencers (particularly on YouTube), leading to a massive surge in usage.

In fact, StepN's GMT token has already climbed to 47th place in terms of market capitalization . Such a rise has occurred in 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 by jogging? ". You'll gain a better understanding of how to use the app 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 cycling, you can earn $CYCLE tokens. Please note that this article was written on May 3, 2022. Therefore, the token is not yet listed on any exchanges. However, you can purchase it on pancakeswap or 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.

This is definitely a move-to-earn app to keep a close eye on. The system is based on the listening experience. The user must wear headphones and follow the directions of the story they're listening to. They unlock chapters by traveling a certain distance. Again, they need to complete a few levels to earn DOSE tokens. Users can also earn non-fungible tokens (NFTs).

This is undoubtedly the most comprehensive application in terms of user experience. This is due to the team behind The DustLand. It's actually an application developed by the Olivex group , a kind of incubator specializing in move-to-earn projects. They've developed numerous applications in this vein, such as Zombie Run , which has also enjoyed considerable success. Furthermore, all of their projects are financially supported by Animoca Brands, the most well-known investor in play-to-earn games.

This certainly explains the numerous partnerships Dustland has created with other recognized projects. For example, there is a special pass available for APECOIN (APE) holders for specific 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 move-to-earn apps closest to DeFi. Indeed, you can earn money by playing sports, firstly. Secondly, you can stake the native STEP token. This makes it a very interesting app 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 main cryptocurrency exchanges for trading STEP shares are currently on LBank and PancakeSwap (V2 ) against BNB token.

(To learn how, read our tutorial article on Pancakeswap ). Alternatively, you can buy STEP tokens directly on the website using a credit card if you want to avoid DEX.

What's interesting about Walkwithstep is that it functions as a DeFi protocol. Users can be liquidity providers, for example. Simply go to https://walkwithstep.netlify.app/swap to do so. You can then engage in yield farming with APRs currently as high as 295%.

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

Note : There are increasingly more "move to earn" apps with almost identical names. Be careful with the links you use. Do not connect 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?

It's important to keep in mind that the ecosystem is still unstable. You need to be careful about the assets you have to buy to use these applications. The assets you own could become worthless if the application loses its appeal. This is why Sweatcoin is particularly interesting in terms of profitability. We can also mention the DotMoov application , which stands out for its originality.

The ideal approach is to use these move-to-earn apps for fun. Don't assume they'll be the ultimate way to generate passive income . If that's your goal, consider diversifying with crypto staking schemes , 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.

Similarly, some apps use excessive battery power in the background. That said, note that Sweatcoin 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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