Why will Move to Earn be the hottest trend of 2022?

in #movetoearn3 years ago


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Hello everyone🖐
I'm back after a fairly long time with a new post and I'm sorry for not being much active lately.
In this post, I'm going to share a new and interesting topic in the world of blockchains. So let's get to it.

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What is Move-to-Earn?

New blockchain projects are looking to present new concepts. For example, recently, some of them have developed a new concept, meaning earning money per mobility or Move To Earn (M2E) by combining the concepts of "play with mobility" or "Move To Play" and earning money for the game (Play To Earn). More people try this type of game to make money. In this way, players are rewarded according to their physical activity while generating a passive income.

Move to Earn is a rapidly developing web 3 element that enables people to make money from it by having personal data. M2E's mission is to scale up the blockchain-based incentives system to promote a healthy lifestyle. Increased use of fitness apps and related trackers may lead to an increase in the global market for fitness trackers from $36.34 billion in 2020 to $114.36 billion in 2028. Some employers encourage their employees through these programs. The absence of employees due to illness can be reduced by fitness-based M2E. Hence, M2E applications have a much wider audience than P2E applications. Stay with us to check out 5 reasons why Move To Earn games are trending.

Investors identify trends. Seeing the amount of investments in Play to Earn projects, it's easy to see that the recent influx of cash into projects (such as STEPN and Genopets) in the past months predicts the success of Move to Earn projects in the future. In January, STEPN was able to raise $5 million in the first step, and in October 2021, Genopets was able to raise $8.3 million in its initial round.

This year is likely to see more projects and investments through retail SAFT and IGO (initial game offers), each trying to monetize the combination of blockchain and physical activity.

Move To Earn games help boost human health around the world by combining two things people like to do, namely making money and playing games!

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Move To Earn excels over Play To Earn

Given that P2E games have practical and conceptual foundations for unripe token-based (NFT) games, Move To Earn games will see a rapid increase in popularity this year. Games like Axie Infinity, Sandbox and many others have had explosive growth in the past years, bringing together a lot of users and creating gaming forums that bring together like-minded gamers. Now the Crypto community is ready for a new evolution of Play To Earn.

The biggest advantage of M2E games is the low barriers to entry. Unlike traditional character-based games with narratives and gameplay that require time and effort to understand, Move-To-Earn games use actions that every human being is very familiar with, that is, motion! This means that a player doesn't actually need to learn before starting the game and earning money, completely removing barriers to entry. You just need to open the app and start earning money!

Anyone who actively uses fitness apps like Strava, Fitbit or PlayFitt knows how addictive aspects of their gameplay can be, whether it's to record a record, or to keep pace with their friends' physical activity and get more likes. You can even compete with yourself by seeing your progress in the app.

These social fitness programs do something magical; they manifest our competitive side and force us to do more than we've ever done, whether it's against ourselves or others. The amazing thing is that apart from improving physical health, there is no reward worthy of such sacrifice. If peer pressure and social influence are enough to force us to do things we don't normally happily do, such as exercising, suppose what will the promise of earning a dollar or two while exercising will do to us?

Move To Earn games are looking for answers to the question what if you add the financial and gamefication aspect to a social fitness app and build it on robust decentralized technologies to ensure fairness and true ownership?

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NFT's investors have high hopes for Move To Earn games

Although some Metaverse Coins, such as Axie Infinity, have been trending since last year, the larger Metaverse and GameFi games have not yet fully developed. This leaves a lot of options for investing or holding.
In addition, many retail investors missed last summer's insane achievements of unique tokens because they did not fully understand how to reap the benefits of unique tokens or because they did not want to bother with NFTs. Investing in invaluable tokens is more difficult than buying the currency that goes up.

Fortunately for these people, Move To Earn projects may be the only solution. In addition to having NFT's that can be traded as normal, these games also include functional tokens and in-game management, which can be easily purchased at exchanges and grow with the increase in the value and popularity of the game.
STEPN and Dotmoovs have both made a very smart decision by merging the NFT market with their rental system, allowing players to borrow sneakers and start earning money quickly and without having to join the gaming association and apply for scholarships.

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Conclusion


According to what has been said, due to people's constant interest in playing games and earning money, as well as the importance of physical health, Move To Earn games seem to become the trend of 2022 and will attract a lot of investors' attention. By playing these games, in addition to playing games and receiving rewards that are considered passive income, fitness is also important. Do you think Move To Earn games can attract users' attention? Share your comments with us.

What's your approach to Move-to-Earn concept? Do you think is this concept going to take a greater share of modern economy especially in the world of Cryptocurrencies?