For anyone who hasn’t been paying attention, NFT gaming has been growing immensely over the past 18 months. Indeed the last year has been especially good for the expansion of new NFT games. We’ve seen developers experimenting with tokenomics, gameplay and even NFT use cases. For example, a use case that has recently become popular is something called Move-to-Earn (M2E). These games allow technology (i.e. your phone) to track your movements to earn cryptocurrencies. They mix important elements of both, Web 3 gaming, and fitness, to incentivize people to participate by exercising.
How can you start playing? For starters, some Move-to-Earn games are free to play, whereas others you’ll need to purchase an NFT to begin. Some platforms choose to integrate the Move-to-Earn technology into their Role-Playing-Games (RPGs) so that when you exercise in the physical world, it helps you progress in your adventure in the virtual one. Similarly, in some games, you level up your battle avatar by just moving around in real life. There are games that even let you enter into private competitions with friends or other gamers across the world where you compete and the winner takes all. Of course, some Move-to-Earn platforms are purely for exercise, where you can be rewarded with in-game tokens for just moving around.
Now that you know what Move-to-Earn is, let’s take a look at five M2E games you should know about.
- Step App
- Calo Run
Who’s ready for some walking? STEPN is the first Move-to-Earn game that requires you to move from place to place for any progression. It is a lifestyle app with Social-Fi and Game-Fi elements. Users equipped with NFT Sneakers walk, jog or run outdoors to earn GST, which can be used to level up and mint new Sneakers or cashed out for profit. Players also can choose to lease or sell their NFT Sneakers on the in-app Marketplace.
The game went live on the Solana blockchain in August 2021. You can use SOL to purchase any STEPN products on its marketplace, but the game itself uses Green Satoshi Tokens (GST) and this is what you’ll be earning. One GST is worth just over $0.033. There’s also a governance token, GMT, which is currently trading at $0.7307. You can also start earning GMT when you level up your Sneakers to level 30. Remember you can only purchase them with SOL.
Over the past 3 months, as of September 14th, $GMT, the governance token is up 3%.
Over the past three months, as of September 14th, the price of GST (Green Satoshi Token) is down ~88%.
To start running, you need to purchase a pair of virtual sneakers (NFTs) and download the app. These are minted NFTs so you can resell them on the market. Each pair of Sneakers has its own stats which determine how long you can run without needing to recharge. Additionally, you can earn a speed bonus to earn more GST while running. Currently, there are more than 8,000 Sneakers in the market, the cheapest will set you back 1.3 $SOL in Magic Eden. There are four Sneaker types, each designed to suit a different exercise intensity and/or fitness level.
|Name||Optimal Speed (km/hr)||Example Return at Optimal Speed|
|Walker||1-6||4 GST/ 1 Energy spent|
|Jogger||4-10||5 GST/ 1 Energy spent|
|Runner||8-20||6 GST/ 1 Energy spent|
|Trainer||1-20||4-6,25 GST/ 1 Energy spent|
Assuming you start with only one common sneaker, you’ll start with two Energy Caps. Energy replenishes 25% every six hours until it reaches the Energy Cap. Let’s say you are a runner, a newbie, and you are using your Energy Cap per day. After the sneaker repair cost, you will be earning around 10 GST per day, which is $0.34 a day. The cost of a common sneaker is around $39, so you will need 114 days in order to recover your investment (assuming you run every day). This implies an annual ROI of ~218%.
APEmove joined the Move-to-Earn world in June 2022. and is built around an essential daily activity for most people: moving around. The game describes itself as the next project to effectively bring to life a functioning move and earn concept. Users equip themselves with NFTs in the form of Sneakers. By walking, jogging, or running outdoors, users will earn in-game currency, which can either be used in-game or cashed out for profit.
Currently the game only includes Single player mode where users are equipped with NFT Sneakers to earn tokens by moving. You need energy to earn APEmove token (APE). Every one energy unit equals five minutes of movement. To begin, users must download the app from google play or app store. Then you need to sign-up for APEmove with your email address where you will receive a verification code that you need enter in the app. Finally, users must buy a Sneaker on the Marketplace in order to start moving! The cheapest NFT right now is worth $0.0001 BNB, which is equal to $0.025 US dollars. You can also buy APE (in-game token) or $BAPE (Governance token) in order to upgrade your sneakers and earn more. You can trade 1 APE for $0.24 USDT and 1 BAPE for 0.020 USDT on the Apeswap page.
The governance token started circulating on August 19th. The price is 1% up since launch. The token peaked at its ATH (All time high) a few days ago when it reached $0.0211.
Over the past 3 months, as of September 14th, APE is down 95.5%.
Ok, so you’re ready to get moving and you are probably wondering how much time you need to move to recoup your investment. If you buy the most common NFT at the lowest level, it will cost you $0.025. Owning just one Sneaker means you will be earning 0.05 APE per day, $0.012. This would return your investment in just three days and implies an annual ROI of ~17,000%. Although the ROI looks large, in total dollar terms it’s a small amount.
Similar to STEPN, there are plenty other ways where you can earn more APE, this calculation was made with the most basic and cheapest Sneaker. Remember to read the whitepaper and check out their Website and other future announcements via their Twitter, Discord or Telegram.
Stepp App is a Move-to-Earn game creating a gamified metaverse for the fitness economy. Walk, jog, and run to socialize, play, and earn. Step App token economy includes staking, locks, liquidity incentives, buy backs, and burns. These are driven by demand drawn by both gameplay perks and value drawn from the game economy. You can compete with friends or strangers, socialize locally or globally and experience the metaverse.
Step App includes immersive, social, and competitive experiences. The game’s fundamental purpose is to captivate the masses that will experience crypto for the first time.
FITFI tokens is the governance token and is currently trading at $0.067 per token. KCAL is the in-game reward token that you’ll use to buy SNEAKs. These can be earned from running while staking a shoe. The project is currently in the beta phase which means KCAL tokens are not live yet. The NFT market and app are expected to launch in September 2022.
Over the past 3 months, as of September 14th, $FITFI is down 30%.
Genopets is a Free-to-Play, Move-to-Earn NFT mobile game that aims to make it fun and rewarding to live an active lifestyle. A Genopet is your digital pet whose evolution and growth is inextricably linked to your own. You can earn crypto everyday, with every step you take, while exploring the Genoverse.
As you go about your life, Genopets uses the pedometer on your smartphone to track your physical activity. After a long day, you can bank your steps to convert your real-life movement into Energy, your source of in-game fuel; they call this move-to-play. Energy unlocks opportunities to earn rewards like experience points to level up, battling and exploring with your Genopet.
The in-game token is KI and it’s currently trading at $0.08 per token. KI is used to craft and refine NFTs in-game, create new Habitats, speed up crafting times and can be converted back to energy to level up your Genopet. The governance and staking token is GENE which you can use for exclusive NFT sales or to craft valuable in-game items. GENE is currently trading at $4.77.
To earn KI you’ll need to own a Habitat. You can find them in Magic Eden with a floor price of 18.5 SOL. Assuming you want to invest in a common Habitat level 1, you will be making a maximum of 30 KI per day, or $2.40. There are plenty of other ways where users can make much more than 30 KI either upgrading your Habitat or buying additional Habitats. That being said, if you decide to keep just the one Habitat, you will need 230 days to recover your investment. This comes to an implied annual ROI of ~39%.
Over the past 3 months, as of September 14th, GENE, the governance token is down 57%.
Over the past 3 months, as of September 14th, KI, the in-game token is down 18%.
Calo Metaverse is a health lifestyle platform with GameFi and SocialFi factors to help people move more. The game lets you work out on a daily basis either in single or world challenge mode.
You can either hold the rewards tokens and NFTs earned to use in-app or cash out for profit. The more you practice, the more you can earn.
The in-game token is FIT, which is currently trading at $0.173. Assuming you want to buy the cheapest shoe, it will cost you around 230 FIT (USD $37) on their App. With that shoe, the maximum you can make a day is 5 FIT, or $0.865, as of this writing. So you’ll recover your investment after 45 days which comes to an ROI of ~750%.
Remember you can always upgrade your shoe or buy another type of sneaker in order to earn more FIT a day, or even to earn CALO, the governance token. CALO is currently trading at $0.028. CALO token holders will be able to stake their tokens and participate in governance votes.
Over the past 3 months, as of September 14th, CALO is down 78%.
Over the past 3 months, as of September 14th, FIT is down 94%.
In summary, the Move-To-Earn industry is still in its infancy. However, we are seeing new Move-to-Earn games launching more and more. This is a genre that has had a big impact early on as people have already been using Web2 fitness apps with increasing frequency. Enter Web3 technology and the Move-to-Earn wave and now people have an opportunity to earn rewards while also getting physically fit. Stay tuned for more coverage in the near future!