Move-To-Earn NFTs: The Latest Trend In Crypto

There are endless possibilities and innovations in the world of cryptocurrency. With the advent of Decentralized Finance (DeFi) a few years ago, many dynamic concepts such as Play-To-Earn (P2E) and Non-Fungible Tokens (NFTs) cropped up. The latest trend in crypto, called Move-To-Earn (M2E), is currently taking the crypto world by storm, introducing a way for users to earn rewards through simple forms of movement such as walking or running. The mechanisms and methods through which Move-To-Earn NFTs are generated may vary among games, but all rewards are acquired by activities involving movement. Imagine walking and earning crypto! Sounds like a dream, right? Only it is not anymore. Why is M2E gaining traction so quickly? Gamification of tasks and activities has long been proved a great way to incentivize and motivate people to perform tasks. The M2E model was pioneered after P2E, both of which allow in-game assets to be tokenized and thus tradeable, allowing users to earn passive income. Move-To-Earn simply offers more variety and more diverse scope of activities for users to participate in, where earning tokens isn’t limited only to gamers. Compared with P2E, this already has a much broader audience and user base. Currently, Move-To-Earn NFTs are the only needed initial investment for games using the M2E concept. For example, users have to first buy Sneakers in StepN and Step App to earn crypto by walking or running. Let us lo...