Monetization Business Models – Opportunities and Prospects | Posted by Olivia Will | Coins | March 2024
Move-to-Earn is an exclusive fusion of diverse physical activities and innovative Web3 technology. These platforms allow users to earn rewards on a decentralized platform for a variety of activities, including exercising, walking, jogging, cycling, and more. M2E game development involves two major aspects that lead to more innovation: cryptocurrency and gaming. This project is completely creative. All you have to do is connect your account to your mobile device to track your activity.
This way, users can earn rewards that have real value. Monetization isn’t just focused on the gaming aspect. It will also attract fitness enthusiasts and NFT enthusiasts to the platform where they can earn money and enjoy working out. Now let’s learn more about the Move-to-Enern project, its benefits, and more.
Here are the main key elements required for M2E game development!
- Blockchain and cryptocurrency — The Move-to-earn project is built entirely on blockchain technology. This ensures that all transactions made on the platform are recorded and protected. If you think about cryptocurrency, there are famous cryptocurrencies such as Bitcoin and Ethereum. It acts as a digital currency. Users can use it to transact on this platform. They have real value and people can even earn these cryptocurrencies as rewards on the platform.
- incentive – The main goal of the Move-to-Ern project is to reward users for getting fit and staying fit. These rewards also serve as income for users. These platforms allow you to earn money through walking and exercising. These rewards motivate users to stay healthy.
- User Engagement — User engagement is about the active participation of users on the platform. Active participation in the platform’s challenges and tournaments will help you earn rewards and improve your overall experience.
Here are some notable examples of M2E projects!
step
STEPN is a Move-to-Ener project that allows users to receive rewards for their activities. It is fully embedded in the Solana blockchain. The platform allows users to redeem special sneakers as NFTs, which can be extremely valuable. Users will receive a special pair of sneakers as an NFT that matches their fitness level. Additionally, activities like jogging, running, and walking can help you reap rewards. Many Bitcoin investors such as Binance and Sequoia Capital support STEPN.
Dustland
Dustland is an innovative game that allows users to race through the real world and progress through an exclusive post-apocalyptic story. They are also rewarded with ultra-rare NFTs and Ethereum tokens in the process. These earned tokens can be used to upgrade and enhance NFTs and other items in the game.
Xenopet
Genopets is another exciting platform that allows users to enhance their pets, known as Genes, on the activity platform. Their pets are NFTs on the platform, which are extremely rare and valuable, and players can battle them out in mini-games to test their memory and reaction skills.
dot move
Dotmoovs is another exclusive monetization gaming project where users can earn ‘MOOV’, its native token. The platform features proprietary technologies such as Augmented Reality (AR), which allows users to exercise in real locations and earn tokens as rewards. This platform tracks all your activities and increases your moov points. You can perform various freestyle moves or play soccer to earn tokens. These tokens can be used to power NFTs or participate in tournaments on the platform. The platform has AI that monitors all your actions in real time. This will help the platform provide fair rewards without cheating.
The main advantages of the M2E platform are:
User Engagement and Retention
The Move-to-Ern project is a win-win situation for users because they are rewarded while engaging in activities, and the platform benefits from their participation. Users will stay loyal to the platform and come back to be rewarded for their performance.
Monetization Potential
Businesses can benefit from these platforms. They can place ads and collaborate with other large companies to improve their business and earn high profits.
User data and privacy protection
The platform is completely legal. Additionally, blockchain technology protects and protects user information. The platform also uses smart contracts to protect users’ data and information.
Token Valuation and Liquidity
Users must understand their in-game tokens. It may vary depending on market value. They should know that the compensation value will change to a higher or lower value depending on the market. Users can also easily convert their tokens into cash whenever they want.
M2E games allow users to participate in various activities and earn valuable rewards. It’s the best investment for any fitness fanatic. If you love working out, this platform is for you. Additionally, if you plan to develop this platform for exclusive earning potential, you can partner with: Best M2E Platform Development Company. They will have a team of experts and professionals who will deliver the project with all technologies and features implemented. We also deliver projects within a short period of time. So, if you start a business in these M2E games, you can also earn huge profits.