Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency Trading => Topic started by: Blv123 on June 23, 2022, 06:05:21 AM
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The X to Earn model dates back to DeFi's Stake to Earn. H. Receiving token incentives with a pledge believed to be a prototype of XtoEarn. This greatly expands the scope of the concept and allows you to declare any action that can benefit in Web 3.0 as XtoEarn. In it, X represents becoming a user in a particular scenario, and Earn represents an incentive token after the user has performed an action. The biggest difference between X to Earn and DeFi is that X to Earn emphasizes the time cost of a user's investment, not the amount of money.
With daily active users topping 2.7 million at its height, the market-dominating Play to Earn project Axie infinite exploded last summer, establishing 2021 as the first year of GameFi. People now play games more for the chance to make money than for the enjoyment of playing them. Trade STEPN with mexc.com. The Play to Earn system has radically altered players' expectations of games as well as their motivations for playing.
Users who exercise in the real world can benefit from the Move To Earn principle, which is simple to understand. By fusing GPS, NFT, and DeFi, the initiative monitors people's movements and pays them. Consider Stepn, the Move To Earn representative project, which is an app that compensates users for working out outside. Users can purchase virtual running shoes from the NFT marketplace and gain tokens by jogging, walking, or running outside. Since it caught the market's interest as soon as it was introduced, it is also the first product to break the circle with virtual shoe sales hitting the million mark. The officially announced daily player count exceeded 500,000 after just two months of operation. Afterwards, its collaboration with