Fitness is evolving in exciting ways due to “Move to Earn” crypto applications. These apps incentivize you to be active and achieve your fitness objectives. Leveraging blockchain and cryptocurrency, they provide rewards for your efforts. This innovative approach makes getting healthier enjoyable while earning unique rewards. As more individuals embrace fitness and crypto, these applications offer an excellent motivation boost.
Because of this the fitness app market with blockchian is growing fast. It’s expected to grow 21.5% every year and hit $14.7 billion by 2028. That shows just how much people love mixing fitness with tech.
One great example is STEPN. They made over $122 million last year. Then there’s Sweatcoin, with more than 30 million active users. They’ve raised $13 million in funding. These apps prove how big the potential is when you mix health with crypto rewards.
In this blog, we’ll explain how these apps are built. We’ll also show you how you can create one if you want to join the trend. Let’s start!
Overview of a Fitness Move to Earn Crypto App
A fitness move-to-earn crypto app is an app that mixes staying active with earning crypto. It rewards users with cryptocurrency or NFTs for doing things like walking, running, or cycling. The goal is to make living healthy even more rewarding with a bit of extra cash or fun digital assets.
- Activity Tracking: The app uses GPS, motion sensors, or step counters to track users’ movements. It records activities like walking, jogging, or cycling and checks if it’s accurate.
- Reward System: Based on how active users are, they earn tokens or cryptocurrency. For example, Step App gives out KCAL tokens when users complete fitness tasks.
- Blockchain Integration: All the data about users’ activity is safely stored on the blockchain. This keeps everything transparent. The rewards come in the form of NFTs or tokens. Users can trade them inside the app or on other exchanges.
What Users Can Do With Their Rewards?
- Users can exchange the tokens they earn for goods, services, or even other cryptocurrencies.
- Some apps have marketplaces where users can trade their in-app items for real-world value.
Key Market Takeaways for Move to Earn Crypto Apps
According to GrandViewResearch, the global fitness app market was worth $9.25 billion in 2023. It’s expected to grow by 14.08% each year from 2024 to 2030. Within this market, Move-to-Earn crypto apps are becoming a big trend.
Source: GrandViewResearch
Instead of just tracking steps, these apps let you earn tokens or NFTs for activities like running, cycling, or even sleeping. It’s fitness meets blockchain, turning sweat sessions into real-world value.
Apps like MetaGym and Dotmoovs are leading the charge. MetaGym rewards users with $MGCN tokens for workouts or sleep challenges, which can upgrade NFT avatars or unlock perks.
Dotmoovs uses AI to track sports moves and dishes out MOOV tokens to win virtual matches. Both apps keep things fun with leaderboards, challenges, and social features—making fitness feel more like a game than a grind.
Partnerships have been really helpful for these apps too. MetaGym, for instance, has teamed up with wearable tech companies to make fitness tracking smooth and easy. This partnership really helps improve the overall experience for users.
A Perfect Time to Invest in Fitness Move to Earn Crypto App Development
Now is the perfect time to invest in fitness M2E app development because the health and wellness market is growing fast. People want to stay fit and they love the idea of earning rewards while doing it. Fitness M2E apps mix both trends. They let users get rewarded for being active. It’s a fun way to stay motivated and it keeps people engaged. This is also a great opportunity for developers and investors.
As the wellness market grows, an M2E app is a smart investment. Adding blockchain and crypto features can also open up more ways to earn through transaction fees, in-app purchases, and brand partnerships.
Let’s look at two successful examples, LifeCoin and Walken. LifeCoin rewards users with tokens just for walking. It’s already gained over 1 million downloads and is growing fast. In 2022, LifeCoin made around $5 million in revenue. This came from in-app purchases and brand partnerships.
Then there’s Walken. It mixes fitness with fun through a virtual pet game. Users earn tokens by walking and use them to level up their pets. Walken now has over 500,000 users and made around $2 million in 2023.
They’re earning through in-app purchases, token rewards, and partnerships with health brands. These examples show that a fitness M2E app can encourage healthier lifestyles while making a profit. With the right approach and a good user experience, these apps can grow into successful businesses in the fitness and crypto markets.
Development Steps for a Fitness Move to Earn Crypto App
Building a fitness move-to-earn crypto App can be exciting. It’s a chance to help people stay active while earning rewards. Here’s how you can get started.
1. Understand the Market
Look around and see what’s already working. Apps like Step App and Fitmint are popular. Check out their features and figure out what users love. Spot any gaps where your app could shine.
2. Plan Your Features and Monetization
Decide what makes your app special. Offer activity tracking and reward users with tokens or NFTs. You can add gamified challenges and leaderboards. Also think about how you’ll make money. Subscriptions and in-app purchases are good options.
3. Pick the Right Blockchain
Choose a blockchain that fits your goals. Ethereum is reliable and widely used. Binance Smart Chain and Solana are great for low-cost and fast transactions. Each has its strengths.
4. Create Smart Contracts
Smart contracts are like digital agreements on the blockchain. They manage rewards automatically. When users hit their goals the smart contract takes care of the rest. It’s secure and transparent.
5. Design a Simple and Fun App
Make it super easy for users to see how they’re doing. Build a clean dashboard that shows their steps, earned rewards and progress. Use vibrant visuals that pop and keep menus simple so everything feels smooth to use. People stick with apps that are fun and intuitive.
6. Connect Fitness Tracking
Link your app to smartphones and wearables. Devices like Apple Watch and Fitbit are popular choices. GPS and motion sensors will track every step and ensure accurate data.
7. Develop and Manage Tokens
Create your own tokens using blockchain standards like ERC-20 or BEP-20. Users earn these tokens for every workout. They can trade them or use them within your app for rewards. You could also allow token staking for extra earnings.
8. Gamify the Experience
A little competition keeps things interesting. Add leaderboards and daily challenges. Offer rewards for milestones. Encourage users to invite friends and share their achievements. People love the social side of fitness.
9. Test Launch and Keep Improving
Before going live test everything. Check that the fitness tracking works perfectly. Make sure rewards are distributed correctly. After launch, listen to your users. Their feedback will help you make the app even better. Regular updates and fresh content will keep them engaged.
Cost of Developing a Fitness Move to Earn Crypto App
Development Stage | Task | Estimated Cost ($) |
1. Research & Planning (5-10%) | Market Research & Competitive Analysis | 500 – 2,000 |
Tokenomics Design | 1,000 – 3,000 | |
Legal & Regulatory Consultation | 1,000 – 5,000 | |
Total Research & Planning | $500 – $10,000 | |
2. UI/UX Design (10-15%) | User Interface (UI) Design | 500 – 5,000 |
User Experience (UX) Design | 500 – 10,000 | |
Animations and Graphics | 0 – 5,000 | |
Total UI/UX Design | $1,000 – $15,000 | |
3. Front-End Development (20-30%) | Mobile App Development (iOS & Android) | 1,500 – 20,000 |
Fitness Tracking Integration | 500 – 10,000 | |
Total Front-End Development | $2,000 – $30,000 | |
4. Back-End Development (25-35%) | Server Infrastructure | 500 – 5,000 |
Blockchain Integration | 1,000 – 20,000 | |
Database Development | 1,000 – 10,000 | |
API Development | 500 – 5,000 | |
Total Back-End Development | $2,500 – $35,000 | |
5. App Features (Variable) | Basic Activity Tracking (Included in Front-End) | Included |
Reward System (Included in Blockchain) | Included | |
NFT Integration | 2,000 – 10,000+ | |
Social Features | 1,000 – 5,000 | |
Wallet Integration (Included in Blockchain) | Included | |
Challenges and Goals | 500 – 3,000 | |
Wearable Device Connectivity | 1,000 – 5,000 | |
Total App Features | $4,500 – $23,000+ | |
6. Testing & Quality Assurance (10-15%) | Unit, Integration & User Acceptance Testing | 500 – 7,500 |
Security Audits | 500 – 7,500 | |
Total Testing & QA | $1,000 – $15,000 | |
Grand Total Estimate | $10,000 – $100,000 |
Factors Affecting the Development Cost of Fitness Move to Earn Crypto Apps
When you’re building an M2E crypto app, several things can affect how much it costs to develop. While things like design and features influence regular app development costs, M2E apps have some extra factors to consider. Here are some of the main ones:
Blockchain Choice and Integration
The blockchain you pick totally affects your budget. Each has different transaction fees and how tricky they are to build on. Plus, the complexity of your smart contracts will hike up the price tag.
Tokenomics Design Complexity
If your app’s token system is too complicated (like rewards or governance stuff), you’ll need more dev time. The trickier the setup the pricier it gets.
Fitness Tracking Accuracy and Sensor Integration
Fitness apps that reward movement need accurate tracking. But sensors like GPS or heart rate monitors can get pricey, especially with wearables, and need specialized work. Still, it’s worth keeping users trusting the app and hooked!
NFT Integration
Adding NFTs like virtual sneakers or custom avatars sounds cool but it’ll take extra effort. You’ll need solid smart contracts to handle ownership and trades smoothly. The app’s design should let users show off their NFT gear or tweak avatars without clutter.
Most Successful Business Models for Fitness Move to Earn Crypto Apps
Move-to-earn apps have really changed the fitness game by mixing blockchain, gaming, and cryptocurrency. These apps reward people for staying active. Here are some smart ways these apps make money while keeping users motivated.
1. Freemium Model with In-App Purchases
Users can join the app for free. But if they want special features or rewards, they pay for them. This way, the app attracts lots of people and makes money from those who want extra perks.
- People buy digital items or upgrades.
- Free users see ads, which brings in more revenue.
Examples:
- Sweatcoin: Users can start for free, but they can buy extra perks or use tokens for rewards.
- Step App: Users can access the app for free, but they pay for upgrades that help them earn more or unlock special challenges.
2. Corporate Wellness Partnerships
M2E apps team up with companies to add their app to employee wellness programs. Companies reward their employees for staying active, which boosts health and productivity.
- Businesses pay to license the app.
- Companies also pay for customizing the app to fit their wellness plans.
Examples:
- Sweatcoin: Works with businesses to offer custom wellness programs for employees.
- Nike Training Club: Partners with companies to provide fitness solutions that match their needs.
3. Gamified Competitions with Entry Fees
Users pay a fee in cryptocurrency or tokens to enter challenges. The winners get rewards, and the app keeps part of the pool as revenue.
- The app earns entry fees from users entering challenges.
- Businesses can also make money through sponsorships for special events.
Examples:
- Dustland: Users pay to enter story-driven fitness challenges and compete for rewards.
- Genopets: Users pay tokens to enter battles with their digital pets, and the winners take home prizes.
Top 5 Fitness Fitness Move to Earn Crypto Apps
Move-to-earn apps are really taking off. They mix fitness with crypto and reward users for staying active. Here are five more apps that stand out with unique features blending fitness and blockchain to reward users:
1. Step App
Step App has become super popular with over 20 million users worldwide. It rewards users with KCAL tokens for walking, jogging or running. The app has cool augmented reality features that make workouts more fun and competitive. Users can mint Sneak NFTs starting at around $100 and join challenges to earn extra rewards. The app hit 10 million downloads in its first year, showing how fast it’s growing.
2. Sweat Economy
Sweat Economy builds on the success of Sweatcoin with over 150 million users globally. It rewards users with SWEAT tokens for every 1,000 steps they take. The rate starts at 1 SWEAT per 1,000 steps but drops over time to keep the token scarce. In 2023 Sweatcoin gave out over $70 million in rewards. The best part is users don’t need any upfront investment to get started.
3. Dustland
Dustland combines fitness with a fun story set in a post-apocalyptic world. It has over 500,000 active users since launching. Users earn DOSE tokens by walking or running. The app’s story keeps users engaged, with many completing 3-4 missions each week. Dustland also uses NFTs to enhance gameplay and earning chances. Some of these premium NFTs can sell for up to $200 in the marketplace.
4. Dotmoovs
Dotmoovs uses AI to analyze activities like dancing or soccer tricks. Over 1 million users globally compete in peer-to-peer challenges. They earn MOOV tokens based on their performance. Since its launch, Dotmoovs users have earned over $10 million in rewards. The app also offers NFTs to customize avatars or unlock special features.
5. Genopets
Genopets mixes fitness tracking with gaming. Users nurture virtual pets with physical activity. Over 300,000 players generate energy from their steps to evolve or upgrade their pets. Some of these Genopets can sell for as much as $5,000. In 2024 Genopets saw over $50 million in NFT trading.
Conclusion
Developing a fitness-focused Move-to-Earn crypto app is a great opportunity for businesses. It allows them to tap into the growing health and wellness market while also using blockchain technology. By creating fun platforms that reward users with cryptocurrency for being active, companies can attract a motivated group of users. This leads to long-term engagement. Businesses can also generate revenue from different sources like in-app purchases, premium features, NFT integration, and partnerships with fitness brands. This helps companies build a profitable and influential presence in the ever-changing digital fitness world.
Looking to Develop a Fitness Move to Earn Crypto App?
We at Idea Usher are here to help! With over 500,000 hours of coding experience, our developers have worked with top companies like MAANG and FAANG. We know how to build apps that mix fitness and blockchain in a fun way. Let us help you turn your idea into an app that keeps users active and rewards them for it!
Check out our portfolio to see our latest projects and get a glimpse of the innovative solutions we create!
FAQs
Q1: How to develop a fitness Move-to-Earn crypto app?
A1: To develop a fitness Move-to-Earn crypto app, you’ll start by figuring out the key features like activity tracking and rewarding users with crypto. You’ll also want to make sure the app has a smooth user experience and includes blockchain integration. Partnering with a development team that understands both fitness and crypto will help turn your idea into a reality.
Q2: What is the cost of developing a Move-to-Earn crypto app?
A2: The price to build a move-to-earn crypto app totally depends on what features you include and how fancy you go with the tech stuff. Prices can swing pretty widely. For a solid estimate, just chat with a dev team. They’ll look at your wishlist and give you a clearer number.
Q3: What are the features of a fitness Move-to-Earn crypto app?
A3: A fitness app that rewards users for moving should track their activity using GPS. They’d earn crypto rewards when they work out so staying active feels more rewarding. The app needs blockchain tech to keep things secure and transparent. Adding challenges or leaderboards keeps things fun so users can compete and stay motivated. A built-in wallet lets users store their earnings safely. Syncing with wearables like smartwatches is a nice touch so all their activity gets tracked.
Q4: How does a Move-to-Earn crypto app make money?
A4: Move-to-Earn crypto app makes money in a few different ways. It can earn through transaction fees, in-app purchases, or premium features. NFTs are another way to bring in revenue. Partnerships with fitness brands or other companies can also help. Plus, staking tokens and offering exclusive content are great ways to boost earnings.