What Is Movez ($MOVEZ)? Complete Guide & Review About Movez

What Is Movez ($MOVEZ)?

Movez – Fitness has never been so rewarding! Fueled by your ambitions and the latest Web3 technology, This is powering a fitness revolution — and you’re part of it! This is based on a common everyday activity for most people: moving. They are the first team to create and implement a sustainable, working Move-to-Earn (M2E) model. By simply moving, jogging, walking, running, and swimming indoors and outdoors, users will earn IN-APP currency, which can either be donated to numerous charity organizations or cashed out for profit.

Movez Coin earn capability intends to incentivize tens of millions of people around the globe toward a healthier lifestyle, introducing them to how revolutionary the web3 can and will be, all while relying on its social elements and simple UI to develop a long-lasting platform encouraging user-generated Web 3.0 content. This is currently being tested under its Closed Alpha Phase. The contents of this may change in the future to better reflect the full scope of the project.

Important Points Table Of Movez

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What Makes M2E Exciting?

Move-to-Earn (M2E) apps allow users to earn token-based while doing regular physical activities, helping to incentivize fitness and improve health by rewarding participants. Move-to-earn gamification is similar to play-to-earn gamification in that players own and control all of their in-app assets, which they may swap for crypto or fiat money on their own terms.

Supercharge Your Fitness

MoveZ is a movement. One in which individuals are incentivized for doing what they can to improve their health and fitness through a balanced and sustainable move-to-earn ecosystem. Centered around the They app, participants will be able to earn MOVEZ token rewards for participating in a range of fitness activities.

The MoveZ Mission

MOVEZ‘s mission is not only to revolutionize the fitness industry by encouraging more people to improve their health and achieve their fitness goals but also by shifting profits away from platform owners to platform users through a unique decentralized platform.

Understanding Move-to-Earn (M2E)

Move-to-earn is a relatively new phenomenon that includes a variety of products and services that reward users for being active. We’re a platform that provides users with rewards for keeping fit, unlocking an additional income stream for participating in their usual exercise activities, or taking part in specific fitness-related challenges. It builds on the trend and success of play-to-earn, where users are rewarded, in cryptocurrency, for playing games.

$MOVEZ Coin platform generally aims to incentivize fitness, helping to reduce obesity and sedentariness, and giving users an opportunity to earn an income for improving their health. Indeed, researchers recently found that improvements in cardiorespiratory fitness lead to a significant reduction in all-cause and disease-specific mortality, with an individual’s maximum oxygen uptake (VO2max) being strongly correlated with their life expectancy.

The term ‘move-to-earn’ refers to the possibility of earning valuable rewards while doing activities like moving about, similar to P2E (play-to-earn), which has since been adopted by a variety of other apps that reward users for their activity.

The MoveZ application generates rewards in the form of blockchain-based digital tokens. Users are rewarded in native utility tokens for completing fitness-related tasks — such as walking, running, or swimming.

The MoveZ Coin platform tracks activity and completion of tasks using the data from a cell phone or fitness tracker. This is assessed to see if it qualifies for rewards. Earned tokens can then either be directly traded for goods and services within the application or sold/traded on an internal marketplace or external exchange for other cryptocurrencies.

Participation Ethos

MoveZ is designed to be as open and accessible as possible. This means we’ve carefully considered how to ensure that everybody can fairly participate in the move-to-earn economy without diluting rewards or causing excess NFT burden.

Traditional Route

They anticipate that, at least initially, a large proportion of users participating in the MoveZ ecosystem will own and stake their NFTs directly. These will be accessible but still somewhat scarce, ensuring that rewards cannot be monopolized by just a small proportion of users.

NFT Lending

To help make MoveZ Coin more accessible to users with limited disposable income, They will include a powerful NFT marketplace, which will include a simplified lending system that allows NFT holders to easily and securely lend out their NFTs to other users in return for an agreed proportion of the rewards it can be used to generate. This lending system will be similar to delegation, ensuring ownership remains with the initial holder, while its utility is delegated to the borrower.