Walk, exercise, and earn all the while? Let’s see how.
Blockchain technology is taking a new turn every day. Not hiding the fact that the market is facing a blow right now. However, this is not stopping the major companies from discovering new use cases and methods for their advancement. From play-to-earn, staking, royalties, and now learn-to-earn, they are coming up with drastic developments in how to earn in a secondary market.
So what is this build-up all about, you ask? It is the introduction of the move-to-earn method.
What is Move-to-earn?
It is not every day that we hear that someone is paid just for taking a walk. This would be looked at as a prank if introduced in the past. However, when blockchain is all we can talk about in current times, such methods of earning are not that shocking.
Stepn is one of the first move-to-earn projects. This works so that your real-life step is counted, and you are rewarded accordingly. But stop right there; this is more challenging than it seems. The steps are counted only when you own virtual shoes. The rate of the sneaker NFts can start from 13 Solana tokens, which is more than $650 in real-time.
This is a perfect example of how companies build their projects to earn and provide users a chance to redeem what they spent. As for Stepn, it takes a royalty fee every time it is up for sale. In addition, you can breed two sneakers NFTs and produce a new one that will, in turn, be several levels up in scarcity.
Yes! The blockchain market is advancing rapidly and slowly will be like a way to earn primary income. The NFT marketplace is still volatile. Nevertheless, the growth rate is at its peak. The estimated growth in the next 5 years is expected to be more than $500 million.