Author: Damocles

Move-to-earn (M2E) applications are one of the rising trends in the web3 space as they offer people an opportunity to monetize their physical movements. Earning just by moving? Talk about free money, right? But the question is: How do M2E apps exactly work? Do you really just have to walk and earn straight away? Or is there something else you need to do?  Plenty, to be honest. We’ll take a deep dive into M2Es’ fine print to set your expectations before jumping into one of these gamified fitness apps.  Here’s a complete move-to-earn guide that aims to show you how…

Move-to-earn (M2E) apps are applications that allow you to earn financial rewards just by exercising. Do you want to get fit and healthy? Of course! Everybody does. But sadly, not everybody has the motivation to maintain a regular fitness routine let alone live a healthy lifestyle. Why? It’s partly due to the lack of incentives. Yes, being healthy should be incentivizing enough, but many of us don’t feel that way. This is why M2E is a no-brainer for fitness enthusiasts and workout fiends as it allows them to earn cryptocurrencies, which, by the way, can be converted to cash, by…

Step into STEPN, the grand-daddy of all move-to-earn (M2E) apps. What we want to talk about right now is how exactly STEPN became the leading runner in the growing (and sometimes dwindling) M2E industry. Despite having more than a dozen competitors sneaking at its heels (or rather, at its sneakers), it remains a crowd favorite for crypto fitness apps. But the question is, why? We’ll tell you as early as now that it has nothing to do with becoming rich or anything shady like that. Other news blogs may have spun Stepn as a miracle fitness app that excretes magic internet…

Pokemon on web3 steroids is probably one of the best ways to describe Genopets, the first move-to-earn (M2E) game, which has made waves in the blockchain and fitness scene. The game has set the standard for the growing niche that blends gaming, fitness, DeFi, and even non-fungible tokens (NFTs). Through the gamification of workout processes, Genopets incentivizes users to complete their fitness routines since their pets will also level up with them, on top of accruing monetary rewards. Does it sound too good to be true? Right off the bat, we’ll tell you that although it is free for all…

Creating an non-fungible token (NFT) project on a flexible blockchain like Solana shouldn’t be hard. Yes, there is some programming involved, but with the amount of free open-source tools being built, coupled with the vibrant and helpful community within Metaplex, you could literally start your NFT journey today and launch something in less than two weeks. Make no mistake, running an NFT project is no walk in the park, but the ratio of potential earnings to difficulty is incredibly higher than most projects you can build these days. Many creators have walked away with millions of dollars; some of which…

They see me walking, they hating. Thanks to the elements of incentives and gamification, legions of people have finally gotten out of their homes to either walk, jog, or run to earn cryptos and compete with friends and strangers. It appears that the advent of move-to-earn is finally here. But “walk-to-earn,” the newest sub-niche in the move-to-earn space, may also be walking, or rather stepping closer into popularity. With a specific market that is less enthusiastic with intensive exercises and leaderboard rankings, this new service can be a potential hit for them.  If you’re one of these people and might…

The crypto community was rocked by yet another unfortunate news, this time with the arrest of the alleged developer of the notorious crypto-mixing platform Tornado Cash. Dutch authorities have arrested a 29-year-old developer in Amsterdam and hinted that more arrests might follow after the incident.  Tornado Cash is an Ethereum-based crypto mixing service that can jumble crypto transactions’ sensitive details such as origin, destination, and counterparties to prevent anyone from tracing them. Essentially, it allows users to send Ethereum and other transactions anonymously. While it seems harmless, web3 bad actors have used this platform and other privacy-enhancing tools to conduct…

This coming September, the era of Ethereum “killers” might actually come to an end, as the world’s second-largest blockchain network is about to ship what is arguably its greatest upgrade since its inception after repeated delays. The Merge, which is set to make the layer-1 platform environmentally friendly, could silence many of its current critics. And while this news is certainly exciting for multiple reasons, we are also concerned with the high number of misconceptions being permeated across web. To our surprise, these myths are actually being peddled by various crypto blogs and so-called “crypto education” platforms, who are either…

Does the metaverse require a blockchain? Or can it work without it? The short answer is yes, virtual worlds can indeed exist without blockchain networks, but they’d have to be powered by a different system, and won’t work the same way. Here’s why. The metaverse’s journey towards its true identity is an exciting saga in and of itself, as it becomes the new battleground for Big Tech to assert its dominance in the emerging space. In fact, Apple and Meta are currently in a deep philosophical and economical battle over how the metaverse should or should not be. And with…

As the metaverse draws closer to reality every day, the non-fungible token (NFT) space has also evolved along with it. It may have started out as a money-making playground or a money-laundering scheme, but that’s just noise in the grand scheme of things. The truth is that it is a cultural shift that transcends the limitations of what we call property or assets. Today, web3 natives are starting to seek communities of like-minded people, who have the same values and could vibe with them online. It’s no longer just about “number go up” anymore, although realistically, a lot of people…