PANews reported on October 25 that according to Fortune magazine, the fitness app Moonwalk Fitness completed a US$3.4 million seed round of financing, led by Hack VC, with participation from Binance Labs, Reciprocal Ventures and Solana co-founder Raj Gokal.
Moonwalk Fitness is an app that rewards users with cryptocurrency to motivate healthy habits. The app allows users to challenge friends, family or strangers to daily competitions, thereby "gamifying" fitness. Users who set up challenges can specify parameters, including how many days the competition lasts, daily step goals, and how much money each player must deposit to participate. Players can submit deposits in USDC, Solana or Bonk. Those who fail to meet the standards will lose part of their bets, and the rewards will be distributed to the winners.
