FitFi and Web3: Step App launches on ‘move2earn’ protocol

May 4, 2022 Blockchain, Crypto, Digital Assets, Tokens, CBDCs, Metaverse, NFTs, Entrepreneurs, Start-ups, Small Businesses, FinTech and Alternative Finance, Fintech International, Fintech Services, Fundraising, Investing, Trading, Innovation and Resources No comments

Business News | Shawn Johnson | May 3, 2022

Step App creating new ways to incorporate NFTs with 'move2earn' protocol

Similarly with Vista’s uniquely placed metaverse comes yet another example of innovation in space.

Step App is the first application on “move2earn” protocol. A blockchain-based game that lets users buy NFT sneakers, and skins, to start playing (walking). When users play the game, the app tracks their movement via GPS on their mobile phone and rewards them with an in-app token called KCAL.

See: NFTs and The Metaverse for Marketers

These tokens can later be traded for other senior crypto assets, allowing users to realize their earnings. Effectively you will be able to earn money by doing workouts.

“Last year’s biggest performing assets fit into these sectors. FitFi is in a cross-section of making the physical and the digital; It is the culmination of a very physical experience (fitness) within the metaverse through the use of NFTs and geo-location technology.”

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NCFA Jan 2018 resize - FitFi and Web3: Step App launches on 'move2earn' protocol The National Crowdfunding & Fintech Association (NCFA Canada) is a financial innovation ecosystem that provides education, market intelligence, industry stewardship, networking and funding opportunities and services to thousands of community members and works closely with industry, government, partners and affiliates to create a vibrant and innovative fintech and funding industry in Canada. Decentralized and distributed, NCFA is engaged with global stakeholders and helps incubate projects and investment in fintech, alternative finance, crowdfunding, peer-to-peer finance, payments, digital assets and tokens, blockchain, cryptocurrency, regtech, and insurtech sectors. Join Canada's Fintech & Funding Community today FREE! Or become a contributing member and get perks. For more information, please visit: www.ncfacanada.org

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