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Author Topic: Play to earn model vs move to earn model.  (Read 353 times)
Mrbluntzy
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April 18, 2024, 10:53:52 PM
 #41

Currently, I don't see how those technology is seriously or slowly impacting the economy. Through out this year, I don't think I have hear anything related about "play to earn " Or "move to earn" Crypto but I have been hearing about Bitcoin, Ethereum, meme coins, Solana coin but have not heard about sweat coin.

Other valuable and important cryptos like Bitcoin and Ethereum can impact the economy but not any kind of shitcoin that will not even have a reasonable value in the future.

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April 19, 2024, 10:25:16 AM
 #42

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Can the 'move to earn model' offered by a company like Sweatcoin, of whom are willing to pay tokens to users who have either sweated using the app while running or swimming, be a micro or macro solution to economic problems, if adopted on a large scale?

How can a "paid to walk" app be a micro or macro solution for economic problems? Are you kidding me? Do you think that the people will leave their jobs in order to focus on earning money 24/7 on a paid-to-walk app? Those apps are paying pennies(unless you are living in a Tier 1 country).
1.Those paid-to-walk apps are a variation of the Get-paid-to(or GPT) websites like Swagbucks and Qmee.
2.This sweatcoin isn't an actual cryptocurrency. It's more like a token, just like the points you earn on Swagbucks.
3.The play-to-earn model was a total ponzi scheme scam. No wonder that games like Axie Infinity died in terms of popularity.

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April 19, 2024, 12:54:41 PM
 #43

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Can the 'move to earn model' offered by a company like Sweatcoin, of whom are willing to pay tokens to users who have either sweated using the app while running or swimming, be a micro or macro solution to economic problems, if adopted on a large scale?

How can a "paid to walk" app be a micro or macro solution for economic problems? Are you kidding me? Do you think that the people will leave their jobs in order to focus on earning money 24/7 on a paid-to-walk app? Those apps are paying pennies(unless you are living in a Tier 1 country).
1.Those paid-to-walk apps are a variation of the Get-paid-to(or GPT) websites like Swagbucks and Qmee.
2.This sweatcoin isn't an actual cryptocurrency. It's more like a token, just like the points you earn on Swagbucks.
3.The play-to-earn model was a total ponzi scheme scam. No wonder that games like Axie Infinity died in terms of popularity.

Even bitcoin, a currency designed to overcome the shortcomings of the current fiat currency system, has not really brought any significant benefits to the economy, let alone trash projects left over.

In short, don't be too delusional and fall into the trap of crypto projects. Until now, the cryptocurrency market is just a money game, nothing more and nothing less. No project will bring us convenience, benefits or practical applications, let alone create positive impacts on the macro economy. The cryptocurrency market is just a place where we create virtual models to take money from each other, money will go from the hands of stupid people to the hands of smarter people. That's all.

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April 19, 2024, 02:55:30 PM
 #44

It is of course not as it used to be before when the talk of cryptocurrencies or the Blockchain network was a myth and everyone including me, wanted nothing to do with it, because it felt like a Ponzi scheme or the subject of cryptocurrency was just too complex and incomprehensible to understand.

How can they say money is invisible and decentralized and it can hardly be tracked and it can only be available online and has the same purchasing power as the fait we have grown accustomed to from birth; this was my thoughts until now having known better and understand to the point where I can say that in this world currently, the cryptocurrencies exchanges and the decentralized network use a 'play to earn model' which is different from the 'move to earn model' that apps offering same prices and rewards in tokens like Sweatcoin among others use.
This is the business strategy for most emerging and upgrading technology companies that have been created sinçe and before the bloom, acceptance, regulation and advancement in cryptocurrency and its investment.

Which model has been more beneficial to you, when you think of investing time and resources to earn a passive income?

Can the 'move to earn model' offered by a company like Sweatcoin, of whom are willing to pay tokens to users who have either sweated using the app while running or swimming, be a micro or macro solution to economic problems, if adopted on a large scale?

Or would this 'move to earn model' just follow its hype and fade into existence leaving cryptocurrencies to be the only better innovation that is much more helpful to the economy?

Your thoughts are welcomed!


When you make everything a job we all become less free, not more free.

What something like the sweatcoin idea does (I recall hearing about it because I did some surveys asking if it sounded good as an incentive to exercise) is actually gamify some mundane task, rather than create any economic fluidity. It also is highly optimistic and prone to abuse, and if you do not immediately start thinking of ways to abuse the system, then you are very naive and likely holding a bag or two, respectfully. This goes for most systems like this. It stops being fun or valuable as a tool and becomes a minmax effort.

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April 19, 2024, 04:13:28 PM
 #45

~
Can the 'move to earn model' offered by a company like Sweatcoin, of whom are willing to pay tokens to users who have either sweated using the app while running or swimming, be a micro or macro solution to economic problems, if adopted on a large scale?

Or would this 'move to earn model' just follow its hype and fade into existence leaving cryptocurrencies to be the only better innovation that is much more helpful to the economy?

Your thoughts are welcomed!

If Play 2 Earn games changed the lives of a few people, move to earn doesn't.

TBH, the move to earn model has goods and bads depending on how you will look at it. If you think that the app will give you money just by exercising and don't focus on the amount of money that you will get, it might change your way of thinking and because of that, you might be forced to make some exercises and that's good for our health. Move to earn is a double reward for us. You will make your health better through exercising and you will earn as well. On the other hand though, the earnings isn't that high that's why if somebody will use these move to earn apps or whatever they're using, don't focus on the money that you can get or it will just make you disappoint.

Move to earn model will not solve any problems at all. The amount of money that you're getting isn't even enough to pay your bills. Cheesy If you're focusing about the earning aspect, forget about it. Maybe it might make your health better because you will be forced to exercise for the sake of a "SMALL" amount of money, but that's all. Solution to economic problems? I don't see it happening TBH. The model will just vanish or at least will be unpopular.

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April 20, 2024, 05:16:51 PM
 #46

I remembered that play-to-earn game; it was like a joke before I experienced a play-to-earn game where I experienced earning $100  up to $250. At that time, we players were pioneering.

then those play-to-earn games only ran for 1 week; after 1 week, the rules changed immediately, and that's when the so-called rug pull started. I just told the story. which is not really forever in such things.



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