If there’s one trend gaining significant momentum in the crypto space right now, it’s move-to-earn — a relatively new niche that includes a variety of products and services that pay users for being active. Sounds too good to be true? Well, there’s a catch. In the vast majority of cases, users need to fork out a significant amount of money to begin earning. Nonetheless, under the right circumstances, move-to-earn applications could provide an intriguing opportunity to generate income, and might motivate users to increase their physical activity.
In this post, let’s find out the tokens Move-to-earn with the highest ROI with Coincu. Let’s go.
As you might have guessed, move-to-earn platforms provide users with rewards for keeping fit, unlocking an additional income stream for participating in their usual exercise activities by using technology that senses and measures human movement, or taking part in specific fitness-related challenges. Take StepN for example, you need to own a pair of shoes connected to a blockchain wallet then the mechanism of StepN allows you to move-to-earn tokens (run or walk). It comes off the trend of play-to-earn — where users are rewarded, in cryptocurrency, for playing these games.
The way these applications generate rewards can vary considerably from platform to platform, but almost all pay users in the form of their native utility tokens for completing fitness-related tasks — such as walking, running, or swimming. This data is usually tracked by a cell phone or fitness tracker before being uploaded to the move-to-earn app and assessed to see if it qualifies for rewards. Earned tokens can then either be directly traded for goods and services within the app, or sold/traded on an internal marketplace or external exchange for other cryptocurrencies.
So the question is why StepN has grown so strong and has more support from big players like Binance and most recently Coinbase, while there are already some projects move-to-earn was born like Genopets, the answer is because StepN completed the product before launch, the interface was simple and easy to use, won the prize “The Solana Ignition Hackathon” and StepN received a lot of attention when Binance announced that StepN would launchpad on Binance. This information brought the popular Move-To-Earn keyword. Besides StepN, there are also many tokens move-to-earn with extremely high ROI, below list of the best 5 move-to-earn tokens with the highest ROI. Let’s find out.
StepN is a web 3 lifestyle app with social-fi and game-fi elements. To begin earning with the Solana-based STEPN app, players need to own one of four types of NFT sneakers: Walker, Jogger, Runner, or Trainer. These have various attributes associated with them, which can affect how much they earn. Users can opt to either buy their own NFT from the in-app marketplace or rent them for free from another user — in return for a share of any revenue they generate while moving around.
Contract: 0x3019BF2a2eF8040C242C9a4c5c4BD4C81678b2A1
Blockchain: Solana
Market cap: $2,189,115,364
Price today: $3.64 – ROI: 41,100%
Token sale: CEX or DEX
Currently StepN is starting in the Q2 2022, the project follows the roadmap closely and does well what they promise.
Genopets is the first Move-to-Earn mobile RPG that rewards you for exercising your body, mind, and spirit through the care of your digital familiar. Transform your physical movement and cognitive exertion into in-game progression to upgrade and evolve your Genopet NFT. As you customize your Genopet in your likeness, you’ll find that it’s as rare and valuable as you are.
The Genovese is driven by a dual token system, $GENE and $KI, with multi-currency Solana asset support. Genopets is governed and supported by our native and fungible $GENE tokens, used for both utility and governance. Players earn $KI token daily through movement and battles as an in-game reward.
Contract: GENEtH5amGSi8kHAtQoezp1XEXwZJ8vcuePYnXdKrMYz
Blockchain: Solana
Market cap: $51,706,302
Price today: $14.02 – ROI: 4723.75%
Token sale: CEX or DEX
Currently you can register to try the beta, for more information: CLICK HERE
Dotmoovs is a new metaverse where you can have fun without ever leaving your house and get an unbiased score for your performance, powered by our Artificial Intelligence referee. Dotmoovs is also a member of the Blockchain Game Alliance. Users can compete with others around the world to earn MOOV token rewards by showing off their skills and challenging one another in various sports.
Contract: 0x24ec2ca132abf8f6f8a6e24a1b97943e31f256a7
Blockchain: Ethereum
Market cap: $30,135,335
Price today:$0.06076 – ROI: 2428.25%
Token sale: CEX or DEX
Step App is a protocol for FitFi, the next frontier in crypto adoption. The first project built on this protocol is a gamified step app. You and your metaverse avatar advance together through filling daily fitness quests and PvP challenges. Step App token economy includes staking, locks, liquidity incentives, buybacks, and burns. These are driven by demand drawn by both gameplay perks and value drawn from the game economy. To join the application, users need to own SNEAK NFT. Products of Step App:
The platform’s utility and reward token is known as KCAL. These can be used to purchase SNEAK NFTs and are earned by participating in the app by staking a SNEAK. It allows players to compete locally or globally in a variety of different ways and uses gamification to help make exercise a more engaging and rewarding experience.
Contract: 0x24ec2ca132abf8f6f8a6e24a1b97943e31f256a7
Blockchain: Avax Chain
Volume 24h: $113,505,409
Price today: $0.3063 – ROI: 633.67 %
Token sale: CEX or DEX
OliveX (DOSE) is a gamified fitness ecosystem working to enhance real-world workout experience through use of game design techniques and play-to-earn mechanics. OliveX allows players to both improve their physical shape and earn real-life revenue through gaming activity.
OliveX is set out to define a new era of fitness and provide an entertaining way to stay motivated through daily physical exercise. 27.97% of the company is owned by Animoca Brands — a leader in blockchain gaming.
DOSE, the ecosystem’s native currency, is earned by completing workout-based gameplay inside of OliveX’s applications. DOSE is used to unlock in-game items and game modes, purchase NFTs and take part in the ecosystem’s special events. DOSE can currently be earned in Dustland Runner — an audio adventure running game, Dustland Rider — a cycling fitness game and 22 Pushups — a pushup challenge platform.
Contract: 0xb31ef9e52d94d4120eb44fe1ddfde5b4654a6515
Blockchain: Ethereum
Market Cap: $6,514,499
Price today: $0.1255 – ROI: 1350.33 %
Token sale: CEX or DEX
Many big name like: Animoca Brands, Sandbox, Solana, OKX..
Overall, most users can expect to earn a few dollars each day by casually engaging with a move-to-earn application, while some users (e.g. those that are particularly active or have powerful NFT upgrades) can potentially earn far more. For example, STEPN users with rare level 30+ NFT shoes can earn potentially hundreds of dollars worth of GST each day, whereas most users are likely to earn <$20/day. Above are the top 5 tokens with the highest ROI, in addition to the above tokens, there are still many potential tokens that you still have the opportunity to invest in and make a profit. Let’s continue to observe with coincu.
If you have any questions, comments, suggestions, or ideas about the project, please email ventures@coincu.com.
DISCLAIMER: The Information on this website is provided as general market commentary, and does not constitute investment advice. We encourage you to do your own research before investing.
Alan
Coincu Ventures
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