Tokenomics emerged as a popular concept in the crypto space in 2017 as a way to incentivize certain behaviors on blockchains through the use of tokens. The idea is that by aligning the economic incentives of a project with its users, you can more effectively drive adoption and usage. One area where tokenomics have been applied is in the realm of fitness and exercise. The theory goes that if you can reward people for getting in shape and staying active, you can help address the global obesity epidemic. Recent years have seen a number of “move-to-earn” apps emerge, including Sweatcoin and STEPN. MoveZ is the latest entrant into this space, and it’s powered by BlueZilla, a platform that has launched a third of the best performing IDOs. MoveZ has set out to resolve the challenges faced by earlier options with an array of unique features – including the “burn to earn” concept where doing exercise results in the users’ favorite tokens being burnt, and them being rewarded in their favorite tokens. It’s also deflationary, which will help to balance supply with demand. How Much Users can Earn The amount you can earn using MoveZ will depend on your activity level and the quality of your NFTs. The higher your activity level, the more you can earn. And if you have a high-quality NFT, you’ll be able to earn more as well. In practice, this means earnings range from a few bucks to several hundred dollars per day – depending on how active you are and what kind of NFTs you have. On MoveZ, ALL forms of exercise can be rewarded, giving the platform a massive advantage over established platforms who provide limited forms of exercise for users. That could be swimming, cycling, jogging, running, being at the gym, or more. The Potential for Growth With a market cap of just $55,000, MoveZ has a lot of room for potential growth. This is especially true when you consider that BlueZilla has launched one-third of the best performing IDOs of all time – indicating that MoveZ has a lot of potential. Some May Call Them Lucky Some May Call Them Geniuses! 🤓 These Are the Best Performing #IDOs of 2021 🔥 https://t.co/2xfcNuDvuw pic.twitter.com/TrJBoyh8cg — CoinMarketCap (@CoinMarketCap) December 7, 2021 Further, MoveZ’s Twitter and Telegram accounts have ballooned to over 100,000 combined users in just a few days. This demonstrates the strong demand for the app. What’s more, MoveZ has a number of unique selling points that should help it gain traction with users. These include boost zones, organizational accounts, as well as NFT lending and revenue sharing. All of this makes MoveZ an app to watch in the coming months. With its strong team, growing user base, and innovative features, MoveZ is poised to take the move-to-earn space by storm. MoveZ’s IDO will launch on BSCPad, MetaVPad, GameZone, and PolyPad. Image: Pixabay
Metabloqs has announced the debut of its Metaverse project. Metabloqs Announces the Launch of Its Metaverse Project built on @XinFin_Official https://t.co/7q5vsEzM6f#Metabloqs #MetaCity #Metaverse — Metabloqs (@metabloqs) March 4, 2022 The evolution of the digital environment into metaverses has been a headline topic for the past several months, so much so that popular social media platform, Facebook, changed its name to Meta in solidarity with change. A metaverse is a digital reality that combines social media, augmented reality (AR) and virtual reality (VR) technologies, and crypto technology. With VR platforms actively becoming accessible to the general populace, metaverse developments continue in their popularity. The transition to the metaverse is however slow-paced with developers striving to create more proper applications. Metabloqs is among the most realistic metaverse, developed for users to enjoy their digital lives in such a way that is more engaging and satisfactory. The project offers several benefits and use cases that are sure to impress the user. Metabloqs is primarily a digital world that has been inspired by the real world to provide users with an avenue for meetings, conferences, and concerts. In the Metabloqs, users can network, consult and be advised, trade and conduct business dealings with other real people, workout activities such as running, bicycle, soccer and purchase digital assets and virtual land. Metabloqs brings forth a unique metaverse where users can network, learn and create. The project uses a blockchain technology that aligns with the diverse needs of users such that everyone is captured, whether they want to choose a skillset, network, or enjoy their time. Metabloqs has created a unique ecosystem and introduced a space where users have the ability to create, own, and monetize their experiences. This is by means of Metabloqs native utility token deployed on XDC Network. Metabloqs citizens can buy land as well as other unique goods such as NFT Avatars or Pets and develop their dream projects within that space. All digital assets are stored and exchanged under the XinFin smart contract. An enterprise-ready hybrid blockchain, XinFin (XDC Network) combines the advantages of public and private blockchains with interoperable Smart Contracts to facilitate global commerce and financial transactions. Stakeholders Metabloqs has recognized the following groups of people as its main stakeholders: Land Creators Digital Asset and Avatar Creators Collectors Activity Creator Their interaction is as follows: Product feature The project initiates the next evolutionary milestone one after the 3D eTrain course and event platform, which is used by many companies and universities when holding events. Now developing to become a trusted metaverse with expansive applications and featuring an actual economy, Metabloqs is characterized by the principle that it is a model of the real world with meta-cities like Paris and the project’s video reveals how users would enjoy a perfect experience interacting within the metaverse. As Metabloqs mimics the actual world, users have a variety of capabilities, including virtual land ownership, the ability to build businesses within the metaverse and rent out their properties. It will also support teaching classes and the attendance of courses. Most importantly, Metabloqs has integrated “Learn to Earn Token Economics”. Even with these use cases, not everything about Metabloqs is work-related. The virtual world will also feature fun-filled activities such as parties, concerts, cinemas, and workout activities like soccer and cycling. In fact, among the most important parts of the metaverse is meeting new people for the sole objective of creating shared experiences within the Metabloqs community. Blockchain Technology Metabloqs platform is developed on top of the sustainable XDC blockchain. This blockchain is a proof-of-stake (PoS) network known for its expansive benefits including: Ability to handle many transactions per second (Higher transaction throughput) Very low transaction fees (Averagely $0.00001) Low energy consumption (Enabled by its PoS consensus algorithm) The digital assets owned by the Metabloqs citizens are stored within a XinFin smart contract and are transferable. Target users Metabloqs seeks to be the trusted metaverse for network, learn, fun activities, trading, and earning as facilitated by its trust economy – Turn Trust into Tokens. As the only metaverse that combines such functionality, Metabloqs stands an unmatched avenue for differential users. This includes: Becoming a Metabloqs citizen: Incentives for the initial user base Metabloqs is offering XDC tokens freely as an incentive for the first 5,000 citizens who move to the platform. XDC token is the native token for the XinFin blockchain and stands among the leading 100 coins on CoinMarketCap ranks. The project is also giving away NFT Metabloqs rewards, which are in the form of unique and rare land, buildings, and premium cars.
It will just be a matter of time until authorities catch up on BitConnect founder Satish Kumbhani and face the charges against him. Kumbhani was accused by a US federal grand jury for orchestrating a $2.4 billion bitcoin Ponzi scam. He was charged with wire fraud, commodities price manipulation, operating an unregistered money transmitting business. […]