Over on the Solana network a new form of earning mechanic has taken the blockchain by storm, arriving in the shape of ‘Web3 lifestyle applications’ they allow users to earn while undergoing routine activities.
Move-to-earn pioneer, Stepn, currently leads the pack with its monetization of basic exercise patterns. As such, users must first purchase an NFT sneaker that matches their level of fitness. Then, hook it up to the Stepn application, which will reward those taking part for walking, running and jogging. Users can additionally level up their NFTs in order to increase the earning power.
Time to hit half a million followers milestone! We are giving away $1.5 million worth of NFT once we reach 500k Twitter followers (50 pairs BNBChain Genesis Sneakers):
1⃣ Follow us
3⃣ Tag 3 friends & comment below pic.twitter.com/ngzXPxuXLw
— STEPN | Public Beta Phase IV (@Stepnofficial) May 9, 2022
However, participants must adhere to certain guidelines to ensure rewards. Specifically, the application will only track outdoor movement, and must maintain a strong GPS connection at all times, while further anti-cheating protocols ensure the information is above board. So, in all likelihood, other than trading NFTs, Stepn finances itself by selling key marketing data. A move that will ensure additional financing outside the NFT structure.
Stepn currently enjoys the lions share of this breakaway faction of blockchain gamification. Therefore, amassing an impressive 470k Twitter followers, and 480k Discord members. So, with several additional DAPPs looking to get a shoe in, the move-to-earn sector is one to keep a keen eye on.
Check out Stepn >> Here