Have you heard about a new business model in the crypto industry called Move-to-Earn (M2E)? It's about tokenization of various forms of physical activity. According to the idea, this model should provoke more people to an active lifestyle, which will be encouraged by the tokens of the corresponding blockchain application.
At the moment, the most famous project is STEPN and their token STEPN (GMT), which has already raised almost $2 million in capitalization.
What do you think, what is the future of this business model and will there be a hype for such tokens?
I like the idea very much, because the life of many people turns into wandering at home all day long. After the recent pandemic and lockdowns, it surely is great idea. However, I don't think it will win a lot of young supporters, because the earnings will definitely be negligible. I think that this trend may have only speculative hype.