Tokenomics, a concept that uses tokens to motivate certain actions on the blockchain, became a very popular idea in the cryptocurrency space. It is believed that by aligning project economic incentives with users you can drive more adoption and use.
Tokenomics can be applied in areas such as fitness and exercise. It is believed that tokenomics can be used to help combat the obesity crisis by rewarding people who exercise and get in shape. Recent years have seen a number of “move-to-earn” apps emerge, including Sweatcoin and STEPN.
MoveZ is the latest entrant into this space, and it’s powered by BlueZilla, a platform that has launched a third of the best performing IDOs. MoveZ has set out to resolve the challenges faced by earlier options with an array of unique features – including the “burn to earn” concept where doing exercise results in the users’ favorite tokens being burnt, and them being rewarded in their favorite tokens. It’s also deflationary, which will help to balance supply with demand.
What Users Can Earn
MoveZ’s ability to earn you money will be dependent on how active and quality your NFTs are. You can earn more if you have a higher activity level. And if you have a high-quality NFT, you’ll be able to earn more as well. In practice, this means earnings range from a few bucks to several hundred dollars per day – depending on how active you are and what kind of NFTs you have.
MoveZ allows users to reward all types of exercise, which is a huge advantage over other platforms that only offer a few forms. This could include swimming, biking, running, jogging or going to the gym.
The Growth Potential
MoveZ’s market capital is just $55,000. This means that there are many opportunities for growth. This is especially true when you consider that BlueZilla has launched one-third of the best performing IDOs of all time – indicating that MoveZ has a lot of potential.
Others may call them lucky while others might refer to them as geniuses. ?
These are the best performing #IDOs of 2021 ? https://t.co/2xfcNuDvuw pic.twitter.com/TrJBoyh8cg
— CoinMarketCap (@CoinMarketCap) December 7, 2021
Further, MoveZ’s TwitterTelegram and Telegram account have exploded to more than 100,000 users combined in only a matter of days. It is clear that the app has a strong user base.
What’s more, MoveZ has a number of unique selling points that should help it gain traction with users. They include NFT lending, revenue sharing, boost zones and organizational accounts.
MoveZ will be a top-rated app in the coming months because of all this. MoveZ has the potential to be a major player in move-to-earn. MoveZ’s IDO will launch on BSCPad, MetaVPad, GameZone, and PolyPad.
Image: Pixabay
