Move-to-Earn (M2E) tokens

[yayayo]

Honestly I am not sure if they could work but if you are going to think of the concept their goal is to help people to be physically active which could benefit us physically. But I am not sure where this could be useful for rather than that physical activity.

ya.ya.yo!

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[Renampun]

I think right now with that coin, it's just a hype. I've heard of these M2E concept before like the name of that coin was sweatcoin IIRC. You'll get paid through jogging.
That's good because you're exercising and at the same time you earn tokens. But I don't have any news about that coin and where are they right now. And the same concept for the project that when you poop, you'll get paid too. I don't know with the latter if that's a serious thing when I've read it or it's just for the memes.

the concept of move to earn (M2E) in is really new for me...

to be honest, I really like YOGA and if every movement I do be it YOGA or other sports is paid for then it will be a good extra income for me. although I'm a little pessimistic about this M2E concept but it looks like this concept will be hype in the future.

[nimogsm]

This is not exactly a novelty, I remember there were already applications that charged coins for walking / running, but all of them were not crowned with success and mass demand.What we are seeing today is a great job of marketers and investors with a lot of money.I don't think this trend will last long, in six months people will forget about this project.

[Helpme_please]

Have you heard about a new business model in the crypto industry called Move-to-Earn (M2E)? It's about tokenization of various forms of physical activity. According to the idea, this model should provoke more people to an active lifestyle, which will be encouraged by the tokens of the corresponding blockchain application.

At the moment, the most famous project is STEPN and their token STEPN (GMT), which has already raised almost $2 million in capitalization.

What do you think, what is the future of this business model and will there be a hype for such tokens?

this business model and technology will give reward for our activities, no more daily useless activity . every movement get token will be great breakthrough that we never imagine , maybe someday our job move around and walking in open place. my friend buying NFT and he got impressive return only by move few minutes , for early adopter this technology give alot benefit ,but the disadvantages is need huge capital to buy this .
 

[Xal0lex]

It could have a good impact short term considering the fact that many of us were restricted to move freely during the height of the pandemic and gained weight hehe. If there's a platform to earn while getting back to shape then why not? It's Iike the complete opposite of the P2E model where players can just sit and earn. M2E would most likely become popular with the older gens while P2E to the younger gens.

Yes, it could encourage people to be more active, and that is the positive side of this whole business model. The negative side will be, as always, the desire of various scammers to just make money off of all this hype. Everything new attracts scammers who launch dubious projects with dubious tokens and try to speculate on fresh ideas. I've already seen one of such projects on this forum, which just borrows an idea and doesn't offer anything original, but just engages in copying.

The most important thing is to return to form without investing in all sorts of pacifier projects that masquerade as this fresh business model. My guess is that there could be a lot of such pacifier projects in the near future.

[Oilacris]

Have you heard about a new business model in the crypto industry called Move-to-Earn (M2E)? It's about tokenization of various forms of physical activity. According to the idea, this model should provoke more people to an active lifestyle, which will be encouraged by the tokens of the corresponding blockchain application.

At the moment, the most famous project is STEPN and their token STEPN (GMT), which has already raised almost $2 million in capitalization.

What do you think, what is the future of this business model and will there be a hype for such tokens?

Dont know on what would be the set-up for this one on how they would be tracking out real-time movement or activity of a certain individual considering that it would be prone to abuse or exploits

if we do talk about movement kind of tracking apps or something and since its been not monitored personally then you dont know if someone do really make out such movement but still do earn those
tokens/coins which i would really love to hear or know about on what would be the proper application for this one.

If they had raised out $2M for this idea then lets see if this one would succeed or not.

[Ulven]

Soon we will see people running to collect tokens, I think the project idea is good, but what is the point here?  Is just noise as happened with shiba inu. I heard about many projects with the same formula, but they did not give any results!!! If the waves help us ride on it, we can do it but there is definitely a risk so I will stay away from it!!

[tabas]

And the same concept for the project that when you poop, you'll get paid too.

Looks interesting, and innovative. The name poopcoin can fit well.

It really fits it but I've never heard anything again from that project. It's made by someone IIRC, from South Korea and it was a university professor.

I think right now with that coin, it's just a hype. I've heard of these M2E concept before like the name of that coin was sweatcoin IIRC. You'll get paid through jogging.
That's good because you're exercising and at the same time you earn tokens. But I don't have any news about that coin and where are they right now. And the same concept for the project that when you poop, you'll get paid too. I don't know with the latter if that's a serious thing when I've read it or it's just for the memes.

the concept of move to earn (M2E) in is really new for me...

to be honest, I really like YOGA and if every movement I do be it YOGA or other sports is paid for then it will be a good extra income for me. although I'm a little pessimistic about this M2E concept but it looks like this concept will be hype in the future.

Well, it's supporting our activities and allows you to earn some tokens. But I don't think that it will be sustainable in the future although if it has a good economy then who are we to think about its negativity?

[Jackl87]

Have you heard about a new business model in the crypto industry called Move-to-Earn (M2E)? It's about tokenization of various forms of physical activity. According to the idea, this model should provoke more people to an active lifestyle, which will be encouraged by the tokens of the corresponding blockchain application.
At the moment, the most famous project is STEPN and their token STEPN (GMT), which has already raised almost $2 million in capitalization.
What do you think, what is the future of this business model and will there be a hype for such tokens?

I have seen STEPN for a while now among the trending projects that are listed on coinmarketcap. To be honest i have never really looked into that projects that were listed there because most of the times those projects are just meme-coins and i don't care about shit-tokens. STEPN seems to be different though. I just took a look at the chart of STEPN and early investors have already made a x30 of their initial investment. So congrats to everyone that invested early into that project but personally i would not invest into it anymore now because after such a pump there usually also comes a correction. Also i am not sure if this business model is really sustainable or just a trend that is dead withing a few weeks again.

[lionheart78]

Soon we will see people running to collect tokens, I think the project idea is good, but what is the point here?  Is just noise as happened with shiba inu. I heard about many projects with the same formula, but they did not give any results!!! If the waves help us ride on it, we can do it but there is definitely a risk so I will stay away from it!!

I checked their TG, lots of newcomers are flocking and asking for codes.  It looks like there will be lots of supply coming in to the market in the next days.  I wouldn't get surprised if the price goes down rapidly.

 I just took a look at the chart of STEPN and early investors have already made a x30 of their initial investment.

Looking at the chart.. yes I think this token had already pumped and with lots of people coming in not to invest but to reap some freebies would somehow hurt the token's economy. 

[uneng]

I've seen this before, but not in a token concept. It was an app which paid you pre-existing cryptocurrencies for walking. The more you walked, the more you were paid, although there was a daily limit and the app kept tracking you everywhere in real time, being heavily criticized for that as it goes against privacy and can be quite dangerous depending on who is tracking your steps...

Regards this specific project, I think the same critics will prevail, because that is the same situation of that app. Moreover, why do developers have to create a new token to pay for these activities? Couldn't they simply create a website and adopt bitcoin or any other altcoin for this purpose?

[Cryptock]

Have you heard about a new business model in the crypto industry called Move-to-Earn (M2E)? It's about tokenization of various forms of physical activity. According to the idea, this model should provoke more people to an active lifestyle, which will be encouraged by the tokens of the corresponding blockchain application.

At the moment, the most famous project is STEPN and their token STEPN (GMT), which has already raised almost $2 million in capitalization.

What do you think, what is the future of this business model and will there be a hype for such tokens?

I like the idea very much, because the life of many people turns into wandering at home all day long. After the recent pandemic and lockdowns, it surely is great idea. However, I don't think it will win a lot of young supporters, because the earnings will definitely be negligible. I think that this trend may have only speculative hype.

[speedy963]

Stepn indeed has been making a lot of noise in the past few days which is pretty appealing for most of the people that are not familiar with the concept of move to earn. But for those that have already seen the other projects before stepn like sweatcoin, dustland, etc., it won't be that surprising. The only thing that sets it apart from the earlier projects that promotes move to earn is that it has better marketing and the nice collectible NFTs the stepn has. Too bad though, stepn isn't for everyone since it isn't cheap or you can't earn from it without quite a big amount of investment which most of the normal peeps won't be able to afford. But yes, it is a great move to earn project. My personal preference though is The Dustland with the post apocalyptic concept and all plus me being one of the characters while running, lol.

[SUPERSAIAN]

The move 2 earn business model is actually not a bad model when you look at it, but I don't think it's enough on its own. A large crowd has logged in now, then it will look like a scam when there is a sharp drop. If this business model is developed, I think it will be permanent. They need to design different move games so that more investors stay inside. Most of the current investors will exit after taking profits and there will be no re-entry unless the hype continues.

[Retainly_Collie]

Have you heard about a new business model in the crypto industry called Move-to-Earn (M2E)? It's about tokenization of various forms of physical activity. According to the idea, this model should provoke more people to an active lifestyle, which will be encouraged by the tokens of the corresponding blockchain application.

At the moment, the most famous project is STEPN and their token STEPN (GMT), which has already raised almost $2 million in capitalization.

What do you think, what is the future of this business model and will there be a hype for such tokens?

I've been in this field for a while, so the way I see new trends coming with the hype to explode will only last for a short while if it's not the tool people are focusing on. arrive. The cryptocurrency market has witnessed a lot of volatility recently, so in addition to promoting BTC or some other big coins like ETH or BNB, I don't have too much faith in them.

[makishart]

So far so good. I have some shoes from breeding my shoes and i  were using these to get daily earning and so far the income from doing walking was so good rather than you walk and get nothing. IMO if the business model of this is even better compared with the axie infitnity. When people can tokenize their walk into the token that can be exchanged for money and why not? This trend already copied by so many new tokens that used step as a part of its name. The trend in the crypto looks so crazy right now.
Any trend being copied instantly once it was coming tot he crypto.

[Pffrt]

I think yes, I have heard about the token GMT. Many people bought some running shows and they are making some money out of it. I have seen this in facebook few times. I don’t think this will have a great future. After the trend ends, there will be no more interest in such project.

[Faisal2202]

Well, i think the hype of this move to earn mechanism is just due to GMT token, people are lazy, and most of the crypto dudes are super, i did not mean to harm anyone's feelings here, just saying. So moving to earn money isn't a good idea, there are many other platform which were just honey pots, no benefit, so competition of trust is hard in this field.

Infact there is a new platform i think ongoing in bounties section, which also prefer to mover to earn.

[jeha2015]

So far so good. I have some shoes from breeding my shoes and i  were using these to get daily earning and so far the income from doing walking was so good rather than you walk and get nothing. IMO if the business model of this is even better compared with the axie infitnity. When people can tokenize their walk into the token that can be exchanged for money and why not? This trend already copied by so many new tokens that used step as a part of its name. The trend in the crypto looks so crazy right now.
Any trend being copied instantly once it was coming tot he crypto.

isn't it make us got double reward from our walk? Beside our healthy kept , our moving wasn't be useless becahse we paid for it. This is really new technology which is make more people being active in their life. This business model could improve massively and make alot interested , new era of earning money now born and it is really simple to do, only by walking.

[DapanasFruit]

With the popularity of play-to-earn, seems to me that there is a growing interest on move-to-earn where people are being warded for moving their feet like walking or jogging. But this is nothing new because for years SweatCoin had been introducing this concept to many people but it failed to arouse such an enormous response like what STEPN successfully made so far. Unfortunately, I did not receive anything substantial with SweatCoin though I used the app while walking...it is so boring that right now I decided not to do anything with it. As for STEPN I still have to try this one...am hoping this is a lot better. Who would not want to get rewarded for moving our butts?