Quote from: stompix on Today at 10:21:25 PM

Quote from: Cryptomultiplier on April 11, 2024, 11:38:23 PM

Can the 'move to earn model' offered by a company like Sweatcoin, of whom are willing to pay tokens to users who have either sweated using the app while running or swimming, be a micro or macro solution to economic problems, if adopted on a large scale?

When you're getting paid for something in a token, the rule is this:
If for the said action a normal world nobody would pay you a cent, then the amount of tokens you will receive for that "work" of yours will also be worth less than a cent.

Simple economics!
Nobody is interested in paying you to walk as you don't generate any revenue.
Nobody is interested in you playing games as long as you don't pay first to play!

That is exactly true! And maybe, that's the reason why most of these projects failed to go mainstream because how can they earn money out of this project? How many projects have tried this "move-to-earn" model, and yet, you can't see them in popular trading platforms. Most even didn't get the chance to be listed in the exchange.