M2E games integrate with the traditional play-to-earn model with the mobile augmented approach. However, there is an additional layer that characterizes it: cryptocurrencies and NFTs.
The crypto world, with its limitless possibilities, frequently surprises its consumers with new technology. In accordance with this, Move-to-earn NFT, a next-generation NFT technology, has become the latest trend among NFT fans and crypto investors. Let’s take a closer look at the trendy issue of “Move To Earn NFTs” in this blog.
Gamification of activity has long been recognized as a fantastic approach to create rewards and motivate people to finish tasks. Take, for example, the health software Fitbit, which has grown to nearly 28+ million users since its inception in 2009. And that’s simply for individuals who just use it once a week. As a combination of gamified fitness apps and tokenized blockchain games, move-to-earn (M2E) is a logical fit.
M2E games reward users for engaging in physical activity in the same way as P2E games reward users for playing them. The GPS, accelerometer, magnetometer, proximity sensor, and gyroscope on a smartphone are used to accomplish this.
M2E is a fantastic approach to reward and motivate people to work tasks. Take, for example, the health software Fitbit, which has grown to over 25+ million users since its inception in 2009. And that’s simply for individuals who just use it once a week. As a combination of gamified fitness apps and tokenized blockchain games, move-to-earn (M2E) is a logical fit.
Players will earn tokens for winning battles, moving through stages, and exploring the game’s universe in P2E. These tokens are then used to purchase stuff for the game’s characters, such as equipment, clothing, and other accessories. This means that in order to win prizes, people must spend a large amount of time in front of their gadgets playing games, which is potentially damaging to their physical health.
Move-to-earn apps, on the other hand, use the player’s mobile device’s sensors to detect their motions and automatically reward them for being active. As a result, the M2E concept can be considered to extend the benefits of blockchain-based rewards beyond gaming to motivate people to live healthier lives.
In the year 2021, a Web3 lifestyle application called STEPN coined the phrase “move-to-earn.” The Move-To-Earn platform, also known as M2E, is a new gaming technique that tries to attract consumers by rewarding them with NFTs for merely moving around. Play-to-earn platforms are comparable to this M2E concept. Unlike in traditional play-to-win games, players can receive rewards just by walking, jogging, dancing, or performing any other basic physical activity.
The popularity of gaming platforms has never faded in this digital age. Apart from the entertainment value of today’s Move-To-Earn technology, players may now earn money for each game they play. As a result, a large number of gamers are drawn to the blockchain business. Apart from the game sector, the fitness industry benefits from this principle of rewarding users for each physical exercise.
This has the potential to attract a large number of users from the fitness industry. With the potential increase in the number of blockchain users, this M2E concept has a high possibility of dominating the blockchain sector in the near future. As a result, Move-To-Earn NFTs have become a profitable investment alternative.
STEPN is a Web3 culture application based on the Solana Blockchain that includes numerous GameFi components. This platform’s main concept combines a play-to-earn game mechanism with a fitness application, resulting in a move-to-earn platform. Players can purchase a sneaker in the form of NFT and get prizes for walking, jogging, dancing, and other activities. Every physical movement that a user makes on this platform will be rewarded with in-game coins.
Genopets is a Move-to-Earn NFT mobile game built on the Solana Blockchain that makes being active entertaining and profitable.. Genopets are conceptual NFTs that can evolve, upgrade, and customize their appearance as the game progresses. In a recent seed fundraising round, this M2E platform raised approximately $8 million.
Dotmoovs is a blockchain-based peer-to-peer competition platform that allows individuals to monetise their sports skills with a simple smartphone video. This platform revolutionizes the way people see sports performance by combining AI-driven algorithms, their own money, and some great collectibles in the form of NFTs.
OliveX, a Hong Kong-based company,is working on a variety of products that are all tied to fitness in some manner. KARA, a clone of the American Mirror, a smart mirror that delivers recommendations during fitness routines, is dubbed the company’s flagship by the press. It uses game design ideas and play-to-earn mechanics to improve the real-world training experience.
M2E (Move-to-Earn) apps allow users to earn money while doing regular physical activities. Move-to-earn gameplay is similar to play-to-earn in that players control all of their in-game assets, which can be traded for crypto or fiat money according to their terms.
We have expanded our NFT development services to include Move-to-Earn NFT development as a pioneer in the NFT market. With our experience, we can assist you in turning your new ideas for your Move-To-Earn NFT platforms into action. Blockchaintechs is a global Blockchain development company with operations in Australia, New Zealand, and India.
Our skilled blockchain developers keep a close eye on the latest Blockchain concepts, and recognising the demand for M2E NFTs, our team has been hard at work on a few successful Move-To-Earn NFT projects. We will build the ideal roadmap for your company’s blockchain adoption, whether you are a start-up, a medium-sized firm, or a big corporation.