Frisco,United States - May 20, 2022 /NewsNetwork/ —
A decade ago, blockchain technology was used for investing and trading, with very little purpose outside of that narrow focus. Today the same technology is being incorporated into games, augmented reality, art, and now exercise, as explained in this new report from Chiliz News and Digital Shoutout, LLC that analyses the five most popular healthy lifestyle crypto platforms.
To read the full report on crypto exercise platforms, please visit https://chiliznews.com/stepn-vs-genopets-vs-dotmoovs-roadmap-user-earnings-investors-whos-winning-move-to-earn-could-step-app-overtake-them
Though crypto exercise platforms are still quite new, there are already several developers attempting to corner the market and become the go-to app that motivates players to walk, jog, or run. This new report provides a comprehensive deep dive into the five most successful apps so far: STEPN, Genopets, Dotmoovs, Step App, and OliveX.
Each of the applications operates using its own cryptocurrency, with some using a dual-token model, and the report provides financial details for each token as well as a roadmap. While the applications all vary widely in how they operate, each motivates players with their own crypto tokens for performing physical activities.
To collect the tokens, players must connect a smartphone or fitness tracker that can upload their exercise data for verification. Several applications require players to purchase NFT sneakers before they can compete, with several tiers of NFTs available, and each tier offering different advantages per step.
While most users receive small benefits each day, the report explains how tokens can be generated on a daily basis. This is possible for players who purchase high-level NFT sneakers, which provide significant advantages for the same level of physical activity. In some applications, these NFT sneakers can also be traded, sold, or rented to other players.
The most popular crypto exercise platform to date is STEPN, which allows users to purchase their own NFT sneakers or rent them from another user for a portion of the crypto they generate. STEPN has already formed partnerships with several major companies, including Binance and Coinbase, which the report explains is mostly due to their product being the first to launch, with an easy-to-use interface.
Chiliz News is a popular online source for updates about the latest developments in cryptocurrency and blockchain technology, with a focus on sports fan tokens, NFTs, and crypto exercise platforms.
For the latest updates from Chiliz News, please visit https://chiliznews.com
Disclaimer: The information provided on this page does not constitute investment advice, financial advice, trading advice, or any other sort of advice and it should not be treated as such. This content is the opinion of a third party and this site does not recommend that any specific cryptocurrency should be bought, sold, or held, or that any crypto investment should be made. The Crypto market is high risk, with high-risk and unproven projects. Readers should do their own research and consult a professional financial advisor before making any investment decisions.
Contact Info:
Name: Phil E
Email: Send Email
Organization: Digital Shoutout, LLC
Address: 5570 FM 423 Suite 250-197, Frisco, Texas 75036, United States
Website: https://chiliznews.com
Source: NewsNetwork
Release ID: 89075461
If you detect any issues, problems, or errors in this press release content, kindly contact error@releasecontact.com to notify us. We will respond and rectify the situation in the next 8 hours.
