Move2Earn / Move-to-Earn concept is one the latest trends in crypto ecosystem. The concept got attention on it when the project StepN went viral. Though M2E has some similar points with De-Fi and Game-Fi, there are unique features that differentiate it from existing finance concepts in crypto.
What's Move-to-Earn? How it works?
Basically, it is a perfect product of gamification. Via NFTs that are bought as "shoes" and the cryptocurrencies that are used as rewards, M2E makes the daily activities worth of dollars. According to CoinGecko's blog, M2E is a way of tokenizing your daily activities through incentives.
When the monetary benefits are put aside, these M2E project bring something uncommon in crypto: Taking Physical Action!
Since we all spend hours in front of the screens, Move-to-earn project make you stand up and take action to stay healthy. Besides, they may help you go by walking to the places that are close to you. In terms of ecology, they also help you go green with less carbon footprints behind 🎉🌴
StepN - The Leading M2E Project
M2E hype was triggered when StepN initiated successful marketing that attracted thousands of eyes on the project. Though all M2E projects are built on the idea that daily steps and actions are going to be rewarded, StepN fruitfully integrates NFTs, Swaps and tokens to its application.
When you download the game, you buy a pair of shoes sold in NFT format to use and get rewarded for your activities. Each NFT has different attributes that change according to their type, rarity and many other factors that affect its performance and the price these assets 😉
NFTs look nice to be integrated in the blockchain-based project but to what extent does the investment of shoes generate positive return? Actually, some users are not satisfied with the way these shoes are sold. The project is accused of adopting Ponzi Scheme that may not end up well for the late-comers.
Since the learners are pushed to fill up their energy and take some further steps to compensate their initial investment, these are seen as red flags in crypto. However, StepN is the leading project with $2M in the list of Coinmarketcap and on Coingecko.
Actifit - #Hivefixesthis ✔
Actifit is one of Hive dApps that I'm proud of. The hardworking team behind has been taking the project to next levels by non-stop developing.
✔ Free to use
✔ Buy-back mechanism
✔ Hive & AFIT rewards
✔ Lotteries
✔ Developments
✔ Hive blockchain facilities 😉
Actifit rewards people with Hive Power & AFIT Token which means that any Move-to-earn enthusiast can just download the app on Actifit and start receiving Hive and Actifit token after 7 days from the day the post was shared.
Receiving Hive + AFIT token & Boosted Upvotes
After accumulating 10,000 AFIT Tokens, the users can exchange their AFITMarket and buy some mini-boosters by using Hive and AFIT. token to receive boosted upvotes by @actifit team. Also, the users can visit
Buy-back Mechanism
The sales with Hive are used to reward users with lotteries and some portion of Hive is used to buy AFIT from Hive-engine market.
Even though Hive-engine market has different price values than BSC Pancake pool, there will be a bridge between BSC and Hive for AFIT. However, the team is working on several parts of the project. Thus, it may take some time 🤏
Possible Partnership of CUB Finance and AFIT for BSC Pool
I asked this question on Actifit discord if they have a plan to be partner with CUB Finance to use #leobridge that is operating between Hive and BSC ( + Polygon).
I think the necessity of a bridge between Hive market and BSC De-Fi pools can be solved by using Leo Bridge. By this way, long term users / investors can be rewarded with the increasing price of token on BSC.
TL;DR
Move-to-Earn is a trendy concept that has received attention on it with Game-Fi. In this concept, people are rewarded for their daily activities via tokens. StepN is the forecomer project that made M2E go viral but the project is accused of having Ponzi Scheme and there are many people who criticize the project in terms of the sustainability and limits on earning.
Actifit, on the other hand, outperforms the project on several ways. Being free to use, blockchain-based and a cross-chain M2E project, Actifit fixes several problems being encountered in StepN. The only disadvantage of Actifit may be the lack of bridge that Hive users can transmit their AFIT tokens from Hive to BSC. At that point, CUB Finance on BSC may help developers launch their liquidity pool and let AFIT travel via Leo Bridge 🦁
Posted Using LeoFinance Beta
I've been using @actifit since it started and honestly love it. My big mistake was selling my afit tokens for shiny new things and not having any for the bsc screenshot.
I know they are working on a bridge from hive-engine to bsc so time to start stacking again. It's a great way to earn hive as well. I also posted about it earlier but it seems to have disappeared from my leofinace blog when I edited it.
I noticed they have more than 100 new wallets on bsc so I'm happy for the project. I hope more hivians jump on board and participate.
Posted Using LeoFinance Beta
I think it is one of the user friendly dApps that has a working product. Actifit is onboarding to Hive thanks to the recent M2E trend 🤙🏽
Time to bridge 🌉
After I saw the price of AFIT recently, I found out that I had 50k Actifit tokens sitting in the account I made when I was on Steem. And then I couldn't find any bridge to BSC and found it to be a huge bummer. 😂😂
Eagerly waiting for it. Would love to get some profit for being such a tight hodler.
Posted Using LeoFinance Beta
At that point, AFIT & CUB collaboration would fix it imho 👍🏽
been hearing actifit and it makes me think if i should try it even though i am not really into any exercise but household chores are exercise for me already
I believe we should take at least 5000 steps a day to stay healthy. This is the reason why I care about being active and sharing my activities 😌
I like how you wrote the article but nevertheless I have a hard time keeping my clients on actifit when they earn more AFIT through staking than daily activity, hope the M2E factor will gain more attractiveness and improve in the future
M2E is hot and the trend is likely take some time 😌 I think at least each blockchain will have its M2E project before the hype is over
I actually hadn't heard of StepN before today and now it's literally everywhere.
Love to see our own Hive based dApp in Actifit getting some love from this Move2Earn craze.
Even if it is just spillover interest because they can't get into the big one.
Hive will take anyone we can get ;)
Posted Using LeoFinance Beta
Hive really fixes everything. Play2Earn is lead by Splinterlands and Actifit has the potential to overthrown StepN 😌
Yeah i heard about stepn .but actifit is free and easy to use. Am definitely going with actifit
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Thanks for sharing, I'll look into it.
Have a great day.
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