Move-to-Earn (M2E) tokens

[cryptoaddictchie]

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

Hyped is already kicking in as Ive saw a lot of brand new projects that have concept like this which was just release after stepn. I didnt invest on stepn which is kinda regretting cause it did a good multiplier and still ongoing. The concept idea was good and somehow others enticed to it. But the other copy cats would likely be trying to get the hype as well. For everyone who got into gmt well congrats. But for the other m2e, beware chances some are just a rugpull trying to get hype.

[tbct_mt2]

Move to earn is the adjusted term from Play to Earn and they are almost the same. It is similar to derivatives of ICO such as IDO, IEO, etc. The purpose is the same that is fund rasing.

Move to earn is for earning purpose solely and do you think people who join it are athletics, runners or just non-gamers who want to invest and earn by playing or moving? Doing something to earn is unsustainable from their mechanics because token is minted by developers, non-gamers invest into NFTs to play or to move and from initial investment, they can earn forever until any changes from developers to stop earning at high levels.

I predict that after Play to Earn, Move to Earn, we will see a few other things to Earn soon.

[Dr.Osh]

Well, let's see the development. sometimes projects with physical activity are sometimes more promising than those without physical activity. well, that's what people generally believe. so, it might be able to attract more users.
STEPN token probably many people use it because it seems like a project with a sports background. the more we exercise, or move, then it can earn more coins. well, that's quite an interesting idea
whether this can be hype or not, but if there is a project that can attract more people to use this, it could become hype in the future.

[molsewid]

Well, let's see the development. sometimes projects with physical activity are sometimes more promising than those without physical activity. well, that's what people generally believe. so, it might be able to attract more users.
STEPN token probably many people use it because it seems like a project with a sports background. the more we exercise, or move, then it can earn more coins. well, that's quite an interesting idea
whether this can be hype or not, but if there is a project that can attract more people to use this, it could become hype in the future.

This is the first time I heard about M2E or move to earn and for me even though I don't know the meaning of this word I guess that this is like the P2E or the play-to-earn feature of the games. I believe that this kind of activity will encourage many people to actively join in an activity if they could have the chance to earn while achieving a fit and healthy body. Well, let's see if this could be possibly successfully implemented soon and in fact for me personally, this is a good idea.

[Oasisman]

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

Hyped is already kicking in as Ive saw a lot of brand new projects that have concept like this which was just release after stepn. I didnt invest on stepn which is kinda regretting cause it did a good multiplier and still ongoing. The concept idea was good and somehow others enticed to it. But the other copy cats would likely be trying to get the hype as well. For everyone who got into gmt well congrats. But for the other m2e, beware chances some are just a rugpull trying to get hype.

In just a span of almost 2 months it has reached $3.80 I guess everyone in crypto space are riding into this hype and trend. With those you have mentioned with the same concept as Stepn, it would be more risky to put money into GMT since people might get diversified with the same M2E project and there will be a chance for the hype for this specific project to die down and divert to another project with the same concept.

[Xal0lex]

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.

I studied this project in more detail and so far, personally, it all evokes bad associations with HYIPs, matrices and pyramid schemes. That is, to register in the project, you need an initial investment. Doesn't it remind you of anything?  

You have to buy sneakers in the app, and they are not a small price. See for yourself: https://whattonews.ru/goto/https://magiceden.io/marketplace/stepn

The next thing that reminds you of the connection to pyramid schemes and gambling is the levels to be pumped up. There are 30 levels in total and the higher the level, the more tokens are paid out.

That is, if you actively use the application those sneakers you buy, they will pay off in 1.5-2 months, only then you will earn.

[Serco]

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

Hyped is already kicking in as Ive saw a lot of brand new projects that have concept like this which was just release after stepn. I didnt invest on stepn which is kinda regretting cause it did a good multiplier and still ongoing. The concept idea was good and somehow others enticed to it. But the other copy cats would likely be trying to get the hype as well. For everyone who got into gmt well congrats. But for the other m2e, beware chances some are just a rugpull trying to get hype.

In just a span of almost 2 months it has reached $3.80 I guess everyone in crypto space are riding into this hype and trend. With those you have mentioned with the same concept as Stepn, it would be more risky to put money into GMT since people might get diversified with the same M2E project and there will be a chance for the hype for this specific project to die down and divert to another project with the same concept.

utility still be the key why this project could growth massively only in short periode, people thinking with new way to earn money only by walking its new era for crypto industry. alot people especially from outside crypto market will use this technology to earn additional income. today i see another Move to earn appear and for investors it could be opportunity to be early investors like in GMT to get maximum profits, maybe splitting profits from GMT into new M2E project be their strategy to maximize profits.

[LogitechMouse]

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 remember Sweatcoin with this one where you will be paid just by jogging. Its a win for the user but I just don't know what will be the benefit of the company with it.

Same with this one. STEPN is the most popular one where you will be paid when you buy the NFT shoes which will be paying you tokens. Now with regards to the current business model, I just don't know what will be the future of this one because its hard to know but if this M2E tokens will be a hype then I would be exercise everyday. Keeping myself fit and at the same time, paying me. Double compensation .

[ultrloa]

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 heard about it but I didn't invest on STEPN yet, but yeah I can say that they are good for now they are been much hyped and goes trending on every social media channels right now. But I'm afraid that we are going to be in late phase if we buy their NFT at this point and that what make me think twice upon investing on that project.

[yazher]

Indeed, this one is new and I wonder how can we take advantage of this current offer for free?

I read the article here: https://www.coingecko.com/buzz/what-is-move-to-earn-a-look-at-genopets-stepn-and-wirtual

looks like a promising project for me, I played Pokemon Go back then, and I can relate with their platform but I just want to have quick explanations on how to earn with this one.

[Tony116]

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?

Yes I have heard about it, I currently have one a friend introduced to me to download in my device and so far am earning the token by moving around. I do a lot of walk around so I found ot very useful since I will not only gain health but also earn tokens as reward for it.
I think this will be very useful in the blockchain since a lot of people engage in one physical activity or another in their daily routine.

The market is not doing well, I hope move to earn will become a new trend that can pull the market up again. Honestly, this is a pretty good model and applied in practice, participants are both healthy and profitable. I know this is also a trend like many previous trends of the market like P2E, NFT...but I really hope this trend persists in the crypto space as it is very useful.

[Cryptomiles1]

I can say this will be a welcomed development and also a good strategies behind the scheme knowing that M2E is a new business models but i don't know how its gonna be but seems to have the same impact as ICO, IDO, IEO or we call it the upgrade of P2E.

[JooBra]

I can say this will be a welcomed development and also a good strategies behind the scheme knowing that M2E is a new business models but i don't know how its gonna be but seems to have the same impact as ICO, IDO, IEO or we call it the upgrade of P2E.

I looked at it and its same like P2E there isn't nothing new beside that you need to walk or run to get the reward. You still need to buy in app stuff so you can be able to earn. Investment isn't small to begin with so it's not yet for mass adoption.

[Silberman]

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?

They just change the mechanics but it’s still play to earn which is already saturated on crypto market. StepN gain attention because they launch on Binance to get the funds. There’s nothing new on this idea besides it will encourage user to exercise but I wonder if this will be cheat proof because I’m playing Pokemon Go and there’s a cheat that you can walk virtually without doing the physical walk. I saw many new project starting to copy this kind of model.

I also think like this, it may seem like it is a new model or something but since you are still paid to do something then this is nothing but the P2E model with a variation to make it seem like a new thing when that is not the case, so what do I expect out of this? Not much, maybe people are going to get hyped about it and then we could see a lot of coins like that, but like most of the time people are just going to waste their time and efforts as I do not see how this can be sustained long term.

[evilgreed]

               I have heard quite a few over the past year. At first I was hyped with almost every app or project that has mentioned the move to earn concept be it crypto related or not. But as time went by, I have realized that most of these move to earn apps aren't really that much worth the effort. I mean seriously, earning just small cents for 10k+ steps? seriously? lol. But in all honesty though, it is quite a fun motivation for being fit. Plus the new ones nowadays that are integrating NFTs on their move to earn projects are quite interesting as well like what OP mentioned "STEPN" and the other one I heard about which is "Dustland."

[strunberg]

I can say this will be a welcomed development and also a good strategies behind the scheme knowing that M2E is a new business models but i don't know how its gonna be but seems to have the same impact as ICO, IDO, IEO or we call it the upgrade of P2E.

I looked at it and its same like P2E there isn't nothing new beside that you need to walk or run to get the reward. You still need to buy in app stuff so you can be able to earn. Investment isn't small to begin with so it's not yet for mass adoption.

unfortunately this is required huge capital to start move to earn app, which is more than $1k.this is the concept on how earning money only by walking and activate application , this is never imagine before that by walking we could earn money. with this new business model , alot investors outside crypto market will try to join in this breakthrough. its have less risk if we compare with trading our anothr way to earn money.

[Innerpumper]

Actually, the hype has started to be seen from the STEPN project with their Move To Earn concept, many people have used the application to benefit by living a healthy lifestyle. Actually, this concept is very good for profit especially for those who work as online taxis, such as grab, gojek, uber, they go on long journeys to earn money from their platform, and from STEPN. I'm sure it won't be long before it explodes, but I don't know if this trend will last long.

[AmoreJaz]

Actually, the hype has started to be seen from the STEPN project with their Move To Earn concept, many people have used the application to benefit by living a healthy lifestyle. Actually, this concept is very good for profit especially for those who work as online taxis, such as grab, gojek, uber, they go on long journeys to earn money from their platform, and from STEPN. I'm sure it won't be long before it explodes, but I don't know if this trend will last long.

what i remember about this is the stepchain project, a fitness lifestyle app also where you can earn their coins by the number of steps youve taken. but, they haven't succeeded in the market, now, there's STEPN. who knows, there's connection between the old Stepchain to this STEPN? but anyway, this is a great app for health buffs individuals. as they can earn those tokens easy. but they need to reach out those people. so for me, this is not a new concept. it now depends on the team how they can make this platform successful in the market.

[StarKay]

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

STEPN (GMT) is not the first token to introduce the move to earn concept, I first heard about this concept from Izetex some years ago and I actually downloaded their app then and earned some of their tokens, I eventually got tired of following up but I don't hear much about them later.

Also COIN app has been on Google PlayStore for some years now where you can earn XYO for moving around while leaving the app running. I however do hope that STEPN has a long term plan to survive on this model and that it doesn't fade away. I'll like to see Cryptocurrency startups successful to encourage more people to come in.

[Saisher]

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 is a new trend and they are targetting a huge industry which is the fitness industry at the same time they are encouraging people to get by fit, after the play to earn we now have the move to earn concept, this is actually the second concept I've read in this forum the other one is sweatcoin where you get paid Crypto just to walk, I see more similar like this coming up and this will be the new trend.