Move to earn is a strange concept. Thinking about the circular economy, it is easy to see how producers of active wear, shoes, clothes etc. Benefit from more people running and so subsidising a portion of their revenue to encourage growing the total size of the customer base is a net beneficial.
Move to earn models on crypto on the other hand have wonderful reasons to give away tokens, but very few reasons to get people to buy them, ostensibly making it difficult for said tokens to retain (much less accrete) value in the long term.
Something to think about.
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Generally those apps reward but have limitations to withdraw the money, and should be promoted and pushed through sportsman spotlights, which I am sure the usage and expansion of the app would be successful.
Who is buying the tokens and why?
if you think about all forms of reward tokens, whether it is from a department store, a supermarket chain, adidas, nike etc. the points are a fraction deducted from the operating profit of the main business which is selling goods / products / services - not the actual token itself.
The token is a way to measure how dedicated a customer is, and by extension how much they have spent with a particular brand. The brand then gives incentives back to that customer with some discounts, or things they can do with those points.
Sportsman spotlights are good, but what does that have to do with move to earn tokens? How does the move to earn tokens sustain themselves?
They should have more options, more tools, not just a step counter. Something interesting to unlock with money, as if it were a game. Many pay for strava, because it has valuable stats. The move to earn only offer rewards that always decrease. I wanted to make a partnership with a move to earn dapp and they offered me $1 a month to do contests. This way they will get thousands of users for sure.
What has the shoe in the braid?
What happens behind the scenes on Strava is not a simple thing at all. There are algorithms that have been researched for years to come up with things like optimum training load, fitness score. Being able to map routes requires a commercial license to use mapping tools which is also quite an initial sink.
The idea of move to earn is not lost, and as a unique selling point, it is certainly something that the likes of Strava does not have. However, it is my belief that putting financial incentives on something that doesn't necessarily need it (perhaps analogous to putting something on a blockchain that is not necessary) creates some perverse incentives with perverse outcomes.
There are plenty of products and services with no such financial incentives.
Very good 👍 every day closer, you have only three days left to achieve your goal.
And I agree with what you say regarding cryptocurrencies, as I have years trying to accumulate in the long term.
Another thing, these shoes are one of my favorites as I like the ones that are rare of uncommon design the most.
They are super quality. 👍🥰
I like this t-shirt 😍