Top Move To Earn (M2E) Tokens to Know About in 2023! [By Market Capitalization]

Introduction

Move to Earn (M2E) crypto tokens are a new class of digital assets that have emerged in the blockchain space fairly recently. M2E tokens are designed in such a way that users are incentivized to engage with decentralized platforms and earn rewards for their contributions. With the rise of decentralized finance (DeFi) and non-fungible tokens (NFTs) in recent years, Move to Earn tokens have become increasingly popular as a means of incentivizing users to participate in various activities on blockchain networks, specifically pertaining to fitness.

Move to Earn tokens are different from traditional cryptos, as they require users to actively participate in the platform to earn rewards. M2E is essentially a new Web3 economic model that rewards users for participating in fitness and sports-related activities. Thus, through these initiatives, one can make money through Move-to-Earn by exercising, staking, trading, and minting NFTs on the platform!

In this article, we will look at some of the most popular Move To Earn Tokens one needs to know about in 2023.

STEPN, which has a ticker symbol GMT – is one of the first and the most popular mobile, non-fungible token (NFT) games running on the Solana blockchain network. Users interacting on STEPN, can earn tokens by walking, jogging or running outdoors with an “NFT sneaker”. This Game-Fi application was built with the idea to motivate millions of people to adopt better lifestyles by bringing them into the Web3 era while also helping to achieve carbon neutrality.

STEPN was developed by an Australian fintech firm called Satoshi Lab. Jerry Huang and Yawn Rong are the co-founders of the Solana-powered STEPN Web3 platform. It came into the limelight when it won the Solana Ignition Hackathon Gaming Track and it was also the only game to take home a prize at the hackathon. It won the position based on various merits ranging from an efficient built-in marketplace, easy-to-use interface, and wallet all the way to its goal of bringing crypto to the non-native masses through the application.

The STEPN ecosystem runs on two different tokens. The first is the Green Satoshi Token (GST) is the game’s utility token, and it has an unlimited supply. On the other hand, we have the Green Metaverse Token (GMT) is the governance token that is limited to 6 billion tokens and is the main token for the network. It is the crypto with the largest market capitalization in the sector according to data from CoinMarketCap and thus features on this list of the top move to earn (M2E) tokens by market cap.

Know more about Top NFT Tokens by Market cap

Sweat Economy (SWEAT)

Sweatcoin was originally a simple fitness tracking app, that helped users track their walking, jogging or running goals and it was built on a reward system of Sweatcoins. These Sweatcoins could be redeemed for rewards with companies such as Headspace and Audible or donated to various charities. However, very recently in April 2022, the company announced that the Sweatcoin App would now launch its own crypto and would be based on the blockchain. This blockchain network would be known as Sweat Economy and would have the ticker symbol of SWEAT and is based on the Ethereum (ETH) and the Near Protocol (NEAR) blockchains. It is designed to reward users who sign up for the platform to set and carry out various fitness goals.

This was a very logical step coming from this company as the “move to earn” sector in the crypto industry was just beginning to take off, with the like of STPEN taking the lead. The company behind the platform wanted completely revolutionize the mindset of people – instead of thinking about physical activity as a nuisance or pain start thinking about it as an activity from which they can derive some value while making themselves healthy. SWEAT is also the second-largest token by market capitalization in the M2E crypto sector and thus becomes a valuable addition to the list of the top move to earn tokens in 2023!

Walken (WLKN)

According to the project, Walken is a project that is building a move to earn (M2E) experience with the aim of bringing new users into the world of crypto while also encouraging them to lead healthier lifestyles. Walken aims to achieve this objective by combining two of the hottest spaces in the crypto, GameFi, and Web3 industry i.e. move to earn (M2E) and play to earn (P2E).

While both these categories typically have been isolated, like STEPN, which is an M2E platform and at the same time, a very popular example of a P2E would be Axie Infinity. However, Walken went a step further to combine the two and attract a larger audience into the fold. Thus by exercising, users earn in-app tokens (GEM), which they can then use to upgrade in-game avatars that battle against other users to earn WLKN, the project’s native token.

Quite similar to STEPN, this too is built on the Solana blockchain network, thanks to its extremely high throughput and transaction speeds and low transaction costs and its native crypto token in WLKN. This was a project that was developed by the team that also developed Appyfurious and Getfit Apps.

Step App (FITFI)

The next on the list of the top move to earn tokens to know about in 2023 is Step App. Step All is yet another Metaverse-based “move to earn” project built on the Avalanche blockchain network. Quite similar to Walken, this platform aims to get people active through economic incentivization by helping them earn crypto by combining fitness, gamification, and AR.

This GameFi application uses a combination of a few different kinds of assets ranging from NFTs to cryptos to create an ecosystem that monetarily incentivizes a healthier lifestyle. It functions by having the user purchase a pair of virtual NFT sneakers called SNEAK, which can be used to track your walks to runs and which is then utilized and users are rewarded with FITFI, which is the native crypto of the Step Protocol running on the Avalanche blockchain. However, to purchase SNEAK, one has to have FITFI, and that can be purchased through the CoinDCX crypto exchange. Users earn KCAL from their runs and the more upgraded one’s SNEAKs are, the more KCAL one stands to earn on your workout sessions.

Additional read: Top Metaverse Tokens in 2023

Green Satoshi Token (GST)

Green Satoshi Token (GST) is another token in the list of the top move to earn tokens in 2023 that you need to know about. This is because it is a crypto asset that is focused on promoting sustainability and eco-friendliness. Launched in 2021, GST aims to encourage individuals and businesses to adopt sustainable practices by rewarding them with crypto for their efforts.

GST is built on the Solana blockchain network, which ensures the security and transparency of transactions. Users can earn GST tokens by engaging in sustainable activities such as using renewable energy, reducing waste, or participating in green initiatives. It is able to achieve this by incentivizing individuals and businesses to adopt more sustainable practices.

This token was primarily developed by the developers of the GMT token, STEPN, and is its utility token – and has thus gained a lot of popularity in recent days thanks to its partnerships with a range of eco-friendly brands and organizations, offering users the ability to use their tokens to purchase sustainable products and services.

So, how can you invest in these M2E tokens?

Today investing in move to earn (M2E) tokens is extremely simple with the CoinDCX App! Just download the CoinDCX crypto investing app, enter the details required, and wait for your profile to get verified. Once done, fund your wallet and you can now invest in any token of your choice!

Read more: Top Platform Tokens in 2023

Conclusion

In conclusion, move to earn tokens has become increasingly popular in the crypto space, offering individuals the opportunity to earn rewards for participating in various activities to improve health and lifestyles. As we look forward to 2023, these are some of the most promising move to earn tokens that are poised to make a significant impact in the crypto world.

Values as on April 19, 2023.

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