8 Best Move-to-Earn Crypto Projects for 2024 — Walk to Earn Crypto!

Move-to-earn crypto projects are game apps that offer financial rewards for physical activity. These kinds of earn crypto apps are becoming increasingly popular.

In this article, we’ll list 8 of the best move-to-earn cryptos and discuss their pros and cons and unique features.

Let’s dive in.

Best Move-to-Earn Apps — Reviews of Top

We first picked out eight native coins of some new move-to-earn crypto projects early in their roadmap as alternatives to the bigger names that have already ‘pumped’, i.e., had a bull cycle.

1. FightOut (FGHT)

FightOut is a new M2E project rewarding fitness fanatics for leading an active lifestyle. The key difference with FightOut is that it also tracks a user’s movements rather than just steps.

FightOut is a fitness platform that gamifies workouts and rewards users for completing challenges. It also develops a user’s NFT avatar which can enter the FightOut metaverse for physical challenges against other community members.

The app’s workout builder personalizes solo routines, and high-quality instructional videos enable the user to ensure proper form and to target the desired muscle area.

This ecosystem is working on building real gyms in key locations around the globe and is in talks with professional fighters and coaches to be the brand’s ambassadors, which will also provide masterclass-style training content.

Users can earn REPS by completing challenges and working out. This in-app currency provides access to the platform, and users can purchase additional REPS with $FGHT.

You can buy $FGHT tokens on BitForex exchange at the time of writing, priced at $0.0021.

2. Tamadoge (TAMA)

Tamadoge, a meme coin project that generated hype earlier this year, now offers earning features on its roadmap and play-to-earn (P2E) opportunities on its virtual Tamaverse ecosystem.

In the main Tamadoge game, players raise virtual NFT pets by feeding, playing, and treating them, while since Q4 2023, they are able to take them into the real world through an AR – augmented reality – app and headset.

TAMA is the rewards token and in-game currency. With the AR/VR integration and their metaverse platform, the Tamaverse, it will function as both a P2E and M2E crypto. It will also provide more physical ways to play compared to other virtual pet crypto games like CryptoKitties.

Tamadoge is our top pick for the best move-to-earn crypto and one of the best proof-of-work cryptos, not only because it has already had a hugely successful token launch but because more growth is expected throughout 2024.

Its presale sold out $19 million in just eight weeks, and TAMA is now listed on several exchanges, with more to come. Analysts predict a potential price increase once the crypto market improves.

When wider market conditions improve, and with the game nearing release, the price of TAMA is expected to improve.

Join the Tamadoge Telegram channel for the latest news and announcements on the project.

3. Battle Infinity (IBAT)

Battle Infinity is another promising new crypto project that sold out its presale early after high demand and has since pumped after listing on exchanges.

With the ambitious goal to create a ‘multiverse of metaverse’ with various types of Battle Arenas, players will be able to take part wearing virtual reality headsets, giving the game a physical component as well as non-physical – so Battle Infinity will incorporate some move-to-earn mechanics.

The game themes will range from futuristic battles to fantasy sports matches to compete with other international teams crafted by players for league rankings. Players then earn an IBAT token as a P2E rewards token with some M2E aspects.

This project isn’t 100% focused on the move-to-earn niche but could be rated in the best cryptos related to that category due to their being new.

Read the whitepaper and roadmap on the Battle Infinity website, or join the Telegram group for the latest news.

4. STEPN (GMT)

STEPN – also the name of the crypto walking app, sometimes spelled StepN – has crashed in price since its all-time high but, despite that, still has the highest market capitalization of any move-to-earn crypto on the market.

GMT’s market cap today is $600 million, placing it within the top 100 cryptos in any niche – and GMT is the governance token of the move-to-earn platform. GMT reached a market cap as high as $2 billion during its explosive bull cycle hitting an ATH of $4.18 on Binance.

StepN and its main token GMT (sometimes called Green Metaverse Token) are also still the most popular move-to-earn crypto game and coin in terms of social engagement, Google trends, and LunarCrush data. They’ve seen investment from major crypto venture capital firms, including Binance Labs and Alameda Research.

To use this move-to-earn app, players start by purchasing NFT sneakers, which have recently seen their floor price drop from 14 SOL to as low as 1.35 SOL, available now on Magic Eden. This could make the STEPN move-to-earn ecosystem a promising investment for those who think it will bounce back in the long run.

One reason for its crash was China banning STEPN, as many move-to-earn crypto game players are based in Asia and earn crypto while walking, jogging, or running. STEPN’s chief marketing officer is still confident their M2E app will succeed, stating, ‘NFTs are the future of fitness.’

5. Green Satoshi Token (GST)

Whereas GMT is the governance token of StepN and is only earned by players with a high level in its game app, GST is earned by all players and is seen more as its default in-game currency, utility token, and rewards token.

Green Satoshi Token is inflationary and has no fixed supply. Players often instantly convert it to cash, making it a less attractive investment option than GMT, which may increase in value with the app’s success and hold its value.

Some might want to buy the dip on GST regardless, however, as it has crashed over 99% in value since its all-time high. It also recently pumped 450% from its bottom, although then did retrace part of that move.

“GST is still the most popular app to earn crypto coins, just like GMT. It has the second-highest market cap after GMT, valued at over $50 million. If StepN’s move-to-earn app and NFTs make a strong comeback and GMT retests its all-time high, GST should also follow suit.”

6. Step App (FITFI)

One of StepN’s main competitors in the move-to-earn apps niche is the similarly named Step App – with its own native token, FITFI. GMT had the first mover advantage (launched on Binance on March 9th, 2022), but FITFI also performed well at first (launched on Crypto.com on April 27th).

Step App ecosystem features fitness metaverse (NFTs & digital exercise avatars), geo-location, GPS-rewards, Android/iOS app, NFT marketplace (buy/sell SNEAKs), and native crypto wallet.

FITFI crashed in mid-2022 with all other altcoins after LUNA and UST collapse rocked the crypto market. Celsius’ bankruptcy and fears over the liquidation of the company with a large BTC and ETH position sent Bitcoin down to $17,600 and Ethereum down to $880.

FITFI’s low price today may be seen as a buy-the-dip opportunity, with a possible rounded bottom formation. However, some investors may wait for a clearer bullish uptrend on the monthly chart.

In late July 2022, news broke that Step App signed a partnership with world record-holding athlete Usain Bolt, the fastest man in the world.

The live Step App price at the time of writing is $0.008770.

7. Genopets (GENE)

Genopets is one of the best move-to-earn games with an RPG (role-playing game) theme – similar to Battle Infinity being the first of its kind with fantasy sports; this is also an industry first.

No exact Genopets release date has been set yet (sometime in 2023), but the Genopets.me website does allow some whitelisted users early access to its M2E game.

In late 2021, a project was launched to earn the GENE token, which initially saw a significant price increase. However, the value of GENE has since corrected, possibly due to investors’ impatience with the delayed game release.

An impressive lineup of crypto VCs are backing Genopets, however, such as Pantera Capital and Anomica Brands, which helped build the Otherside metaverse game with Yuga Labs. The native token of that ecosystem, ApeCoin, is also a potentially good investment as Yuga Labs has been valued at over $5 billion.

GENE currently has a market cap of over $20 million, priced at $0.5735, and is ranked just outside the top 500 cryptos but #4 within the move-to-earn cryptos sector.

8. Dotmoovs (MOOV)

Dotmoovs (MOOV) is an M2E project that aims to ‘gamify sports with the ultimate P2E platform powered by blockchain and a state-of-the-art AI system to analyze videos of players performing sports challenges.’

Its other tagline on dotmoovs.com is ‘play the sports that you love, and earn from it’ – players use this move-to-earn app and metaverse platform to earn crypto for performing sports moves.

MOOV’s native token has failed to gain traction since its mid-2021 launch, experiencing brief pumps during the 2021 bull run and early 2022, both of which have been fully retraced.

MOOV is listed on major crypto exchanges,  such as MEXC, and Gate.oi. According to its website, Dotmoovs is backed by several crypto VCs, including Moonrock Capital and Morningstar Ventures. However, it’s still a low-market-cap coin valued at just $2.6 million.

What to Consider When Investing in M2E Crypto Coins

Many cryptocurrencies have seen a downturn since their initial hype and price surge. Before choosing one, consider the following factors.

1. Crypto Bubble

Some consider move-to-earn a fad that will not really catch on, that players will get bored and lose interest as the value of the native coin they are rewarded with lowers over time. That happened to Axie Infinity – after an explosive bull run, one of the highest percentage gains in crypto history (160,000%), players began to lose interest as the price of AXS tokens declined.

Our top picks above are mainly play-to-earn crypto games, with NFT and metaverse elements – rather than purely being in the move-to-earn category.

2. Low Market Cap

As we found, many move-to-earn crypto coins have a low market cap, making them vulnerable to pump-and-dump style price action and volatility.

If we were to expand our list to a top 10 move-to-earn cryptos review, it would include M2e projects like:

• DOSE (DOSE)
• Digital Fitness (DEFIT)
• MoveZ (MOVEZ)
• Calo (CALO)
• Sweatcoin (SWEAT)

However, the largest of those, DOSE, still has a market cap of under $5 million.

3. Metaverse Integration

Crypto projects with the most staying power tend to have their own metaverse platform – industry leaders in that sector include Decentraland, The Sandbox, etc. – see our list of the top metaverse coins.

Our top picks, Tamadoge and Battle Infinity, also have metaverse plans – particularly the latter. Read more about that in our full guide to Battle Infinity.

4. Supply

Move-to-earn tokens with an infinite supply or very high supply with a low circulating supply to start with – i.e., many tokens unlock on their roadmap – can deflate in value over time due to the law of supply and demand.

Green Satoshi Token, for example, has no fixed supply and wasn’t a good investment for those other than FOMO’d in its initial run-up. Tamadoge has a capped maximum supply. Many meme coins also are inflationary – for example, Dogecoin, which Tamadoge aims to offer more utility than.

5. Accuracy

It’s important to make sure that your exercise is being accurately recorded, whether you’re using a fitness tracker, an app, or something else. However, not all fitness apps are created equal, and some may either under-report or over-count your steps. This can lead to unreliable results, which may cause inaccurate payouts over time, frustrating and pushing away users.

6. Crypto Tokenomics

To invest in these best crypto-earning apps, you only need to understand three things related to their tokenomics:
1. The current number of tokens.
2. How fast are new tokens being released
3. The total number of tokens that will ultimately exist.

Since the value of crypto tokens depends on supply and demand, it’s important to have a clear understanding of these three factors before investing in even the best move-to-earn app.

Conclusion

These eight best move-to-earn crypto projects combine fitness and cryptocurrency to promote an active and incentivized lifestyle. Platforms such as STEPN, FightOut, Battle Infinity, Genopets, and Dotmoovs lead this space, offering high-quality sports-based ability tests.

By participating in these activities, users not only transform their approach to exercise but also have the opportunity to earn cryptocurrency rewards.

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