Welcome to
On Feet Nation
The Global Move To Earn Fitness Apps Market size is expected to reach $1.2 billion by 2028, rising at a market growth of 19.1% CAGR during the forecast period.
What Is Move To Earn Game?
Move to earn fitness apps can be described as the digitization of physical activity to advance health and wellbeing. The novel use of a technology called "move-to-earn," or M2E, encourages individuals to get up and move around. In this, participants join a program organized by an M2E platform or sync personal fitness trackers with any participating app.
How It Works?
The concept is not new, but move-to-earn applications make it simpler to get paid for exercising. Wellness initiatives supported by employers offer incentives for staying healthy. Apps that leverage the move-to-earn principle reward users for exercising. Employees who visit the gym or complete particular wellness-related duties will receive gift cards or discounts from companies with corporate wellness programs. The payment varies and is determined by performance.
Some sites charge a fee to join, and those who accomplish a fitness goal successfully split the winnings at the end. Other websites allow participants to sync their fitness tracker, and they give points for every taken step. The latest trend in payment involves digital payment modes like e-wallets, cryptocurrencies, or the newer mode - NFT. By utilizing cryptocurrencies and NFTs, move-to-earn crypto applications go one step further.
These virtual tokens stand for resources that might increase in value independently of the user’s involvement in any move to earn the app. Most of the apps that engage in NFT only allow those accounts that have made any prior NFT purchase. Token owners can exchange their NFTs for cryptocurrencies or sell them for fiat money through third-party exchanges.
Source: Reportlinker
Move To Earn Game Development Company
The concept of play-to-earn NFT games is obviously a huge hit in 2021. The idea of incentivizing any regular physical movements is the major reason for making this move-to-earn concept a big fuss.
Developcoins has extended its NFT development services which include Move to Earn game development. With our expertise, we can help in applying the novel ideas that you have for your Move-To-Earn NFT platforms.
© 2024 Created by PH the vintage.
Powered by
You need to be a member of On Feet Nation to add comments!
Join On Feet Nation