Hello everyone, I’m Nancy from Coinmanlabs. Today I want to talk to you about Moonwalk Fitness, a fitness project invested by Binance.
STEPN GO
As a Web3 lifestyle application, STEPN GO demonstrates the possibility of applying blockchain technology to daily life. Its social and game modules attempt to break the traditional fitness application model and introduce a new way of interaction, encouraging users to interact with global users during exercise.
The STEPN GO project has spawned a new economic model, which is to earn cryptocurrency or points through exercise. Such a model not only encourages individuals to participate in exercise, but also may change the business model of the fitness industry. In the future, we may see more apps or platforms adopt similar incentive mechanisms.
The project enhances the interaction between users through the social module, and exercise is no longer a single individual behavior, but a social activity. This may lead to a larger trend of encouraging collective exercise through social media or applications.
The NFTs that users earn or purchase through sports are not only in the form of tokens, but also a symbol of personal sports achievements. This model may lead to more applications of NFTs in sports, fitness, and even proof of personal achievements.
So let’s take a look at Moonwalk Fitness, a fitness application invested by Binance today.
Moonwalk
Official website: https://moonwalk.fit/
Twitter: https://x.com/moonwalkfitness
Participation link: https://app.moonwalk.fit/?referral=x9395vxp
Project Introduction: Moonwalk is a fitness accountability app that combines daily step goals with economic incentives. Users can join or create teams, set daily step goals, and stake their cryptocurrencies such as USDC, SOL, or BONK. Achieving goals protects your deposits, while failure will result in the confiscation of some assets.
Project investment institutions:
Q·Why did Binance choose to invest in Moonwalk?
Binance Labs supports early-stage projects like Moonwalk Fitness that prioritize meaningful innovation and real-world applications.
Binance Labs invested in Moonwalk Fitness, a fitness accountability app that combines gamification and financial incentives to promote a healthier lifestyle. The app offers gamified fitness challenges that allow users to earn real-world value.
Moonwalk Fitness encourages users to achieve daily step goals by staking USDC, SOL, or BONK. To win, users must meet their team's step goal or match the leader's highest completed days. Failure to do so will result in part of their stake being forfeited, which will then be redistributed to the winners.
Moonwalk Fitness is one of the emerging blockchain-based applications that prioritize simplicity and accessibility for non-crypto users. Built on the Solana blockchain, the platform seamlessly integrates blockchain technology to manage rewards while keeping the user experience intuitive and user-friendly. Moonwalk Fitness abstracts the complexity of crypto and enables users to earn rewards that can be easily converted to real-world value, seamlessly introducing Web3.
With the funding, Moonwalk Fitness plans to accelerate product development and make its upcoming iOS and Android apps more accessible to non-cryptocurrency users. In addition, the app will expand its focus beyond step challenges to include other health-centric activities and drive mass-market growth through its rewards system.
“By combining fitness with financial incentives, Moonwalk Fitness not only promotes a healthier lifestyle, but also demonstrates how blockchain can provide real-world utility in an intuitive and easy-to-use way. At Binance Labs, we support early-stage projects that prioritize meaningful innovation and real-world adoption, and we are excited to help Moonwalk Fitness bring Web3 to the masses,” said Max Coniglio, Investment Director at Binance Labs.
Sol, co-founder of Moonwalk Fitness, said: “We are thrilled to have Binance Labs join us on this journey. With their support and strong endorsement, we are one step closer to bringing Solana and blockchain technology to the mainstream. By making fitness fun and financially rewarding, we believe we can inspire more people to live healthier lives.”
Tutorial Steps
STEP.1 Register an account
We use the participation link above to register an account. Because the APP is on SOL, you need to have a SOL wallet. Here we recommend that you use OKX's WEB3 wallet for operation, because the entry threshold of OKX's WEB3 wallet is very low and it is easy for novices to get started.
Here we recommend that if you are using Apple, choose the first one, and if you are using Android, choose the second one. When you have made your selection and click Next, the corresponding link CODE will appear. We download the corresponding APP according to the platform and enter your CODE.
STEP.2 Enable mobile phone permissions
After you download the APP, you need to enable permissions to obtain step-related information.
Once you have set everything up, you can open the APP while walking and start walking to complete the steps.
STEP.3 Start staking to complete daily tasks
Above we introduced Moonwalk as a fitness accountability app. The first two steps mainly talked about how to register and download the app, but we have not mentioned the word accountability. If you want to make money, you will need to participate in future airdrops.
How about the competition here?
We can see from the WEB login that there are many competitions that are about to start. Currently, there are very few people participating. But please note that the first one will start on October 24th, so we cannot participate in it at the moment. Let me take one as an example. Click on the project for which you have time and tokens to stake.
You can participate when you feel you can complete the daily tasks within the specified game time.
Frequently asked questions
Q·How to join the Moonwalk game?
To join the game, you will need to be invited by an existing crew. You can join via the game invite link or by entering the game code after launching the Moonwalk app and connecting your Solana wallet.
Q·What do I need to create a Moonwalk profile?
You will need to connect your Solana wallet and select a step provider (Google Fit, Apple Health via Google Fit, or Fitbit). You will also need to provide the step provider with the email associated with your device.
Q·How do I start the game after setting up my profile?
Once you have joined the game and selected your step provider, you will need to deposit the required tokens set by your Captain. Make sure your step provider app is synced with your Moonwalk profile every day.
Q·What happens if I meet or fail to meet my daily step goal?
If you hit your daily team step goal or keep up with your team leader, your deposit is safe. If you fail to do so, you will lose a portion of your deposit, which will be distributed among successful team members.
Q·How are game bonuses distributed?
The bonus is distributed based on the number of daily goals successfully achieved relative to other crews. The total deposit pool is distributed proportionally to the successful participants.
If you don't reach your goal, part of your deposit will be forfeited and distributed to those who have reached their goals. This is a way to motivate you to stay active, but remember to set realistic goals.
