Will The Move2earn Trend Be Sustainable Enough?

in LeoFinance2 years ago

It felt like a great idea when I first saw the slogan Move2Earn. I was really excited because, the Play2Earn industry is a good one and giving a lot of people the opportunity to earn while doing what they love. Now, the move-to-earn industry is here and is gradually making a trend. As usual, these sectors have their trend, sometimes based on lack of originality some of them tend to copy each other. For instance, the Cycgo move to earn looks like a copycat of the StepN move to earn. This is why we need to be careful while rushing to invest because we want to be an early investor.

F49E6C16BECE445BBA9841B637DA4A59.png

The Early Investor Syndrome
Most of us here missed the opportunity of buying bitcoin at a very cheap rate, I am sure that in 2010 if someone had come with bitcoin offer telling us to buy bitcoin at the rate of $1 per bitcoin, we are going to laugh about it because, it sounded absurd. Now bitcoin is blown and we don’t want to miss the opportunity of buying very early because we are using the bitcoin early investors to make most of our crypto investment judgements.

So the bitcoin early era came and we missed it, the Ethereum early era came and we missed that one too, the play to earn early era, we missed it too(although play to earn is still early though compared to the Web 2.0 gaming sector). Now we are diving into the Move To Earn era or trend and the early investor syndrome is dwelling on me right now.

There has always been move to earn but not in the crypto way. Lots of people have been earning and making a fortune from moving, that is sports. People earn a fortune being professional athletes like basketball, football, soccer, tennis and so on. But then, it’s restricted to only professional athletes, why not to normal humans trying to get healthy. Because professional athletes get paid for staying healthy, so why can’t we get paid for moving or exercising.

Right now, the rewards and the opportunities gotten from Move To Earn is too good to be true that it’s being perceived as scam or another pyramid scheme. That’s the early stage of acceptance, people perceive it as scam, but is it though? I have no idea, you will never know till you find out. One of the reasons it’s being perceived as scam is because you need to buy an NFT shoe before you start earning. Most of the move to earn require buying an NFT shoe or snickers to start earning. These NFT shoes or sneakers don’t come cheap, they are extremely expensive.

The early investors are getting beautiful rewards like, making $20 a day, depending on the type of sneaker you are getting or how many sneakers you have. But then, what will the Move To Earn industry look like in the next five years? The rewards generated from these Move To Earn will decrease over time, it’s expected, the high reward is to attract a lot of people to come and invest. After a while the reward will start depleting and because it doesn’t cost you anything to put on your gps while running or walking or exercising, you won’t feel like quitting it.

Posted Using LeoFinance Beta

Sort:  

If I don't forget, I'll try to find detailed information about such an opportunity to turn activity into money.

Posted Using LeoFinance Beta

You can always find myself to remind you

Posted Using LeoFinance Beta

Thank you, I will do that when I buy a smartphone, as I understand it will be necessary for such work. For now, I get by with a push-button phone)

Posted Using LeoFinance Beta

Why am I feeling this is a typical scam. There was a shit coin that came up last year from a movie squid game, people rushed into it thinking it will last. But not quite long it is a story for the gods. We all need to be very careful out there in this space. Make adequate research before venturing into any investment. With bitcoin, Ethereum and other coins today, it is never late to invest in them. So we have to give everything time and make more research.

Basically we have our own movetoearn #actifit right here on Hive and it is free to join!! I have not looked at the others yet.

Posted Using LeoFinance Beta

It is just another example of how cryptocurrency is changing things. This is as sustainable as Play2Earn.

And we are fortunate that @actifit is already way down the road with their development. That application is 4 years in and counting.

Posted Using LeoFinance Beta

This is the reason I value Hive because, it’s way ahead of its time. Most trends we see now have been in Hive for quite sometime.

Posted Using LeoFinance Beta

It's a great way to monetize healthy lifestyle. :) But it takes some more dollars to make me move. 😂

Posted Using LeoFinance Beta

Ha ha, because you make more money while sitting than moving LOL

Posted Using LeoFinance Beta

LMAO. Makes sense 😂😂

Posted Using LeoFinance Beta

😂 I know right? But I am a money and blockchain whore, any that comes with an utility token, no matter the amount makes me want to move.

Posted Using LeoFinance Beta

Hahahaha! I am waiting for someone to make a Sit To Earn app for peeps like us. 😂

Posted Using LeoFinance Beta

I’m also waiting for breathe to earn or live to earn. Just be alive and show proof of being alive to earn.

Posted Using LeoFinance Beta

This post has been manually curated by @bhattg from Indiaunited community. Join us on our Discord Server.

Do you know that you can earn a passive income by delegating your Leo power to @india-leo account? We share 100 % of the curation rewards with the delegators.

Please contribute to the community by upvoting this comment and posts made by @indiaunited.


The rewards earned on this comment will go directly to the person sharing the post on Twitter as long as they are registered with @poshtoken. Sign up at https://hiveposh.com.