The genesis of NFT gaming
In the same way that cryptocurrencies disrupted the finance industry, NFT gaming disrupted the gaming industry. Now gamers can co-create and share the financial rewards within the games’ ecosystem.
CryptoKitties, the earliest form of NFT gaming, set the basic foundations for buying, breeding, and reselling NFTs in blockchain gaming. Axie Infinity then introduced the Play to Earn model, allowing players to earn additional rewards for playing and completing daily quests.
Since then, a new trend has emerged within the NFT gaming space, and it is called move-to-earn.
What is move-to-earn?
Move-to-earn NFT games use blockchain technology to disrupt the health and fitness industry. Imagine Axie Infinity’s Gamefi elements fused with Strava’s athletic social networking elements. Move-to-earn NFT games incentivize players and use social motivation methods to inspire them to engage and live much healthier lifestyles. Let us look at the top 10 move-to-earn projects available today:
STEPN
STEPN is a leading web3 lifestyle and fitness app built on the Solana blockchain. The app rewards players for walking, jogging and running. It has geo location technology and social sharing elements. Players must purchase and customize an NFT sneaker to start earning tokens. They can level up their sneakers by burning in-game tokens. STEPN has a dual token system. GMT is the governance token, and GST is the reward token. You can purchase both on major exchanges such as Coinbase, FTX, and Bybit.
Genopets
Genopets is a Move-to-Earn NFT RPG game built on the Solana blockchain. Genopets is a combination of Tamagotchi, Pokemon, and Strava. Your Genopet avatar evolves and transforms as you move. Players get rewarded with cryptocurrency tokens for living an active lifestyle. The game has a dual token system. The GENE token is used for utility and governance, and the $KI token is used for in-game rewards. GENE is available for purchase on FTX, Bybit, and Pancake Swap.
Step App
Step App is an immersive social fitness and augmented technology app built on the Avalanche blockchain. Your in-game character evolves and grows stronger as you exercise. The app supports player versus player mode at local, regional, and global levels. The Step App is the first app built on the FITFI protocol. FITFI is the governance token, and KCAL is the in-game rewards token. FITFI tokens are available for purchase on Huobi, Bybit, and Gate.io.
Dotmoovs
Dotmoovs is a move-to-earn app built on the Ethereum blockchain, powered by AI technology. The app has two game modes – freestyle football and dancing. It is a free-to-play NFT gaming app. Players earn rewards by performing tricks or dance moves filmed on their smartphones. AI referees rate the scores for performances. Players can also buy or rent out dancing sneakers and soccer balls on the platform’s marketplace. MOOV is the governance token. MOOV tokens are currently available on KuCoin, Huobi, and Gate.io.
Calo
Calo is a running and fitness move-to-earn health app built on the Binance Smart Chain. Players must purchase NFT sneakers to participate and earn tokens. The game has two modes – single and challenge mode. The app also allows players to mint, customize, rent, and trade their sneakers. CALO is the governance token for the game. You can purchase CALO from exchanges such as Pancake Swap and MEXC.
OliveX (DOSE)
OliveX is a move-to-earn gaming ecosystem governed by DOSE, an ER20 token built on the Ethereum blockchain. Players can earn tokens by playing Dustland Runner – a running app, Dustland Cycler – a cycling app and 22 Pushups – a workout challenge app. DOSE tokens can purchase NFTs and unlock game modes.
OliveX is 27.97% owned by Animoca Brands – a leading venture capital firm focused on blockchain gaming. You can purchase DOSE tokens on Huobi, Gate.io, Uniswap, and Pancake Swap.
Wirtual
Wirtual is a move-to-earn exercise app built on the Binance Smart Chain. It has multiple exercise options such as running, walking, swimming, cycling, dancing, and regular exercise. The app integrates with well-known fitness apps like Strava, Fitbit, Garmin, Apple Health, and Huawei Health. Players submit their exercise results into the app to earn WIRTUAL tokens. Wirtual tokens can purchase NFTs within the game. WIRTUAL tokens are available on Pancake Swap.
Movey
Movey is a move-to-earn running app built on the Binance Smart Chain. Players must purchase NFT sneakers to earn rewards. The app allows players to track their health and earn tokens or NFTs by walking, running, exercising, and completing in-game challenges. Players can also mint, rent, lease, or trade NFTs in the marketplace. MOVEY is the governance token and is available for purchase on Pancake Swap.
Step
Step is a move-to-earn walking app built on the Binance Smart Chain. Players must buy 1 NFT sneaker or hold 22,000 Steps tokens to be eligible for rewards. You need to walk a minimum of 4,000 steps and a maximum of 30,000 to earn rewards. The STEP token is available on Pancake Swap.
VICMOVE
VICMOVE is a web3 fitness and lifestyle mobile app built on the Binance Smart Chain. The players must buy NFTs sneakers and engage in exercises such as walking, running, and cycling to earn VIM tokens.
You can purchase VIM tokens from Pancake Swap.
Should you invest in move-to-earn games?
Before you invest your time and energy in move-to-earn NFT games, there are some factors you should consider. Firstly, you should think about the initial investment required. Most move-to-earn NFT games require that you purchase NFT sneakers before you can start earning.
Secondly, you should consider the activity level parameters. Most games have minimum and maximum activity levels for which you get rewarded for the day. Finally, keep an eye on the price of the reward token. The price action of the reward token will determine whether you are profitable or are running at a loss in the long run.
