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Author Topic: Fitness Based Project Can They Last Or Sustainable  (Read 129 times)
Quintrix (OP)
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May 21, 2022, 05:43:44 AM
 #1

After the play to earn hype we now have a move to earn or exercise to earn project right now we have at least 5 MOVE TO EARN projects and I expect more to come because the fitness is a multi-million dollar industry and we have millions of active health buff, how long will this hype last and is it better and sustainable than all the other projects related to taking action to earn.

I just joined in and they have a limited airdrop go check out my signature

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May 21, 2022, 06:54:36 AM
 #2

First of all I don't think that play to earn games are based on hype it's all getting successful because of the unstoppable growth of gaming industry and after the involvement of blockhain technology I think play to earn based projects have a bright future on the other I think fitness based projects have much capability to leave a strong impact on crypto industry it's because of the rapid growth of fitness industry
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May 21, 2022, 07:17:41 AM
 #3

These are just a few of the reasons why move-to-earn games have become so popular, according to fitnessmentors.com:

  • They’re a great way to get paid for doing something you’re already doing – working out.
  • They offer a fun way to earn cryptocurrency, which is growing in popularity these days.
  • They’re a great way to get a little extra motivation for working out, as you can earn more by moving more.
  • They offer an easy way to get started with cryptocurrency, without having to invest any money.
  • They can be a fun and social way to work out, as many move-to-earn games have leaderboards and other ways to compare your progress with others.
  • Move-to-earn games also play off the interest, and success, of play-to-earn games.

There are numerous Move-To-Earn applications and they all work a little differently, but most of them require users to earn move-to-earn cryptocurrency through in-game activities such as completing workouts, walking, or winning races.

Which of them do you use? Which ones do you think are the most profitable? And, what is the average revenue generated by these types of apps?

R


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May 21, 2022, 08:28:31 AM
 #4

After the play to earn hype we now have a move to earn or exercise to earn project right now we have at least 5 MOVE TO EARN projects and I expect more to come because the fitness is a multi-million dollar industry and we have millions of active health buff, how long will this hype last and is it better and sustainable than all the other projects related to taking action to earn.

I just joined in and they have a limited airdrop go check out my signature
The problem is that I am not interested in Airdrops and also not interested in the MOVE TO EARN project which is not dedicated to the long term so I prefer to do something else for now and do my job as usual without having to involve myself in things that are not yet profitable.

.
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May 21, 2022, 09:28:19 AM
 #5

I did not notice there is a new trend like this until I found so many people are recommending and talking about it or its already on the market, many move to earn projects are doing great in the market, and once one succeeds in getting support from the investing community expect more projects to follow.
Just like what happened to Axis the first play top earns concept project, but we all know what happened to Axis they lose support and have a hard time sustaining the platform, people had bad perceptions on this kind of concept and perceived it as a Ponzi Scheme.

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May 21, 2022, 10:42:30 AM
 #6

It is true that currently the Move-to-Earn (M2E) trend is developing, this event started when the price of STEPN (GMT) soared high. Even according to CMC, the resulting ROI if we buy STEPN (GMT) from the start, we will get an ROI of around 13334.29%.

But I'm not sure this Move-to-Earn (M2E) trend will continue, like the previous trends (Play-to-Earn, Metaverse, GameFi), the Move-to-Earn trend will also reach its limit later.

R


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May 21, 2022, 10:48:25 AM
 #7

The idea of "gamify" the fitness app sounds plausible, in my opinion. It can be said to incentivize users for the apps, especially I see this have some potency to be integrated with an established fitness app.

Nevertheless, there is a few concern about this kind of app, including invasive tracking and an anti-cheat mechanism. Some people that I know never use any fitness app due to privacy concerns, if those M2E projects are able to provide transparency about the user data they needed to use, yet also have a strong anti-cheat mechanism to prevent bad users, I believe we will see the idea is thriving.
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May 21, 2022, 11:03:54 AM
 #8

After the play to earn hype we now have a move to earn or exercise to earn project right now we have at least 5 MOVE TO EARN projects and I expect more to come because the fitness is a multi-million dollar industry and we have millions of active health buff, how long will this hype last and is it better and sustainable than all the other projects related to taking action to earn.

I just joined in and they have a limited airdrop go check out my signature

As long as people are interested then the hype will stay it's just that we don't know how long. I also noticed few projects that are m2e and based on my observation most of them are truly gaining attention and some people are so involved in it. And yes maybe it can be the next big thing and there is a possibility that it might last because it is an amazing crypto concept. And I believe more and more projects would be created with a m2e usecase and also most of them would be scams. So be very careful at the same time.
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May 21, 2022, 11:26:00 AM
 #9

After the play to earn hype we now have a move to earn or exercise to earn project right now we have at least 5 MOVE TO EARN projects and I expect more to come because the fitness is a multi-million dollar industry and we have millions of active health buff, how long will this hype last and is it better and sustainable than all the other projects related to taking action to earn.

I just joined in and they have a limited airdrop go check out my signature


IMO, I believe it was all temporary because as we have seen today and based on how this platform behaves from P2E games to Move2Earn it's all about driven by hype thats why I can say that it was all temporary, and soon after the hype was fade it will just the same as an ordinary crypto project like others.

Still, I admit move2earn concept is the new fast-rising crypto concept in the industry today and I think its a good start to get aboard with this new hyping concept. just review any Move2earn project to avoid being scammed and choose only the good one. goodluck 
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May 21, 2022, 11:28:37 AM
 #10

The moment we stop pronouncing every new wave as hype the better it will become for that new wave to survive the space of time, there is nair saying the fact that any new development may go through some setback but the ability to bounce back make them stronger and better. The fitness industry is a multi million dollars industry and at that any play to earn project that is the native token as a utility token will easily survive the market in the long run, so it's better not to look at the hype but look closely at the tokenization of the fitness industry with a reward system.
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May 21, 2022, 11:39:41 AM
 #11

It is true that currently the Move-to-Earn (M2E) trend is developing, this event started when the price of STEPN (GMT) soared high. Even according to CMC, the resulting ROI if we buy STEPN (GMT) from the start, we will get an ROI of around 13334.29%.

But I'm not sure this Move-to-Earn (M2E) trend will continue, like the previous trends (Play-to-Earn, Metaverse, GameFi), the Move-to-Earn trend will also reach its limit later.
Even though I agree with you I however believe that it also depends on what the M2E projects have going for them. Just like P2E, I think some M2E projects might do well if they come up with good integration with other businesses/stores or platforms for easier usage other than withdrawal and exchange. 
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May 21, 2022, 01:37:05 PM
 #12

They will last for quite some time until the hype will be gone and another industry will be hyped again.
That is the cycle in cryptocurrency when it comes to new projects and will continue to be like that.

ICO's, IEO's, DeFi, NFT's, P2E concept and now the Move to Earn concept to new projects. More to come in the future.
Like I said, new projects will be hyped and will fade, and that will be the same with Fitness-based projects that are emerging right now and TBH, I don't see it as a sustainable project. Correct me, but just by seeing the project, you can already see that it is almost the same as Play-to-Earn and the only difference is the way you get tokens. In Play-to-Earn, you will play in order to get tokens while in this, you will get tokens by moving or in this case exercising. Well, there might be a twist in some projects but to answer that question, it will last for a short amount of time only.

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May 21, 2022, 01:43:02 PM
 #13

After the play to earn hype we now have a move to earn or exercise to earn project right now we have at least 5 MOVE TO EARN projects and I expect more to come because the fitness is a multi-million dollar industry and we have millions of active health buff, how long will this hype last and is it better and sustainable than all the other projects related to taking action to earn.

I just joined in and they have a limited airdrop go check out my signature
If its boosting the users then why not right. I didnt even tried out any move to earn projects as its not my cup of tea, but its really amazing platform actually to do some exercise or jogging and able to earn from that. At the same time people are having a good exercise for themselves why earning too.
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May 21, 2022, 02:06:55 PM
 #14

There'd definitely be users that's for sure, just that I don't think the economy would last, just like p2e's. It might last longer since tokens may be harder to earn due to it being related to fitness, but all the same, it'd probably die out if the economic problem isn't resolved. Not to mention that once known, hype people would probably kill the projects that use the m2e model (if they can, I'm not sure about the "can" part tbh). The idea may survive longer though if global sports companies integrate it for their promos and the like, kind of unlikely though.

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May 21, 2022, 03:19:25 PM
 #15

how long will this hype last and is it better and sustainable than all the other projects related to taking action to earn.

None know about how long the hype will still sustain in the market. Did you still see axie infinity? even when the price was dumping so hard and ROI became even longer than before but the players are still very enthusiast to grinding SLP to be sold in the market. This caused by they can use their free time to play to game and this is pretty similar with the move to earn. As long as people keep walking, running and this will make the hype will sustain for long term.
I wanna remind you that if the developers are trying to build the platform even better from day to the another day

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May 21, 2022, 05:37:23 PM
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I agree that the fitness and sports industry is a huge industry. Most of the dapps that exist right now seem very simple to me, is there anything that makes them special, I don't think. You just walk and the GPS works, and it gives you points. It seems like there is no useful situation. They need to derive the move and win model. Not very sustainable with a single model. Those who buy the first nft shoes make good profits, then the profits decrease, this is very obvious.

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May 21, 2022, 07:56:39 PM
 #17

This kind of project is just to fill the developer's pocket. I have seen a couple of projects create hype like a step to earn or sleep to earn. They raised a handsome amount as well from the presale and the price also went up. But I don't believe it would sustain for longer. They aren't keeping any roles in the crypto industry to be homes. Just create apps and play with investors funds.

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May 21, 2022, 08:38:22 PM
 #18

Just one more HYIP like Axie or any other crypto games. Undoubtedly u can earn not bad money of this, but as we can see all of them project are not eternal projects. I dont pay much attention to such projects, although I really love games. So if u invest, invest low and try, but you shouldn't play like u are gambler Grin Grin
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May 21, 2022, 08:55:36 PM
 #19

After the play to earn hype we now have a move to earn or exercise to earn project right now we have at least 5 MOVE TO EARN projects and I expect more to come because the fitness is a multi-million dollar industry and we have millions of active health buff, how long will this hype last and is it better and sustainable than all the other projects related to taking action to earn.
I just joined in and they have a limited airdrop go check out my signature

The crypto market is still a lot about hype and trends. So it is really not a big surprise that there are now a lot of new fitness or move to earn projects appearing after the big success that STEPN had. People see this kind of success and also want to achieve that. The sad thing is that a lot of people want to achieve that by creating a cheap copy of, in this case STEPN, in order to hop on the move to earn hype train with as little effort as possible. The truth is also though that almost all of those copycat projects are failing and 99% of them will be dead again withing a few weeks or months.
I have not looked into the project that you are advertising for OP but i guess it is also just a copy of STEPN.
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May 21, 2022, 09:56:30 PM
 #20

This direction will be a great success, if this model manages to somehow cooperate with big sports. If this direction gets the support of sports stars and is widely advertised, we may see the emergence of large and popular projects. But that takes money, and it's not a good time for start-ups and big investments, because the market is going through bad times and the world economy is in decline. Even if this happens, it will not be developed in 1-2 years, but much later.

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