Shaking is Fraud: The Truth Behind Sweatcoin and Fake Exercise

Don't Expect Millions from Shaking Your Sweatcoin Fitness App MotoDEX Review, Gods Unchained's 2024 Roadmap, WAX and the Future of Web2 Gaming Studios, and More.

Web3 Gamer Sweatcoin promotes authentic movement, MotoDEX review, Gods Unchained 2024

Make sure to get your 10,000 steps a day! (Sweatcoin)

If you’ve ever wanted to earn cryptocurrency by simply moving, then Sweatcoin, the move-to-earn (M2E) crypto application, might be just what you need. With 155 million users, Sweatcoin rewards you with its token, SWEAT, for getting off your butt and moving. All you have to do is let the phone in your pocket track your steps. Sounds too good to be true, right? Well, there’s a catch.

Shaking Your Way to Wealth? Think Again.

Seems like everyone has had the same idea… What if I stay on the couch and just shake the phone for hours? Unfortunately for the slackers out there, Sweat Economy founder Oleg Fomenko has some bad news for you. Unlike traditional pedometers, it’s quite challenging to deceive the Sweat ecosystem.

“A lot of people do that, but of course they don’t earn because that’s the first thing that we fixed,” says Fomenko. “If you could shake Sweatcoins into existence, that immediately gives you an immense amount of doubt that this can ever be a sustainable or interesting platform to use.”

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In fact, Sweat Economy has an entire department dedicated to catching out phone shakers and SWEAT fakers. They have a fraud detection department that ensures the platform is built on genuine physical activity, not some fake exercise. So, if you’re thinking about shaking your way to wealth, think again.

The Value of Real Physical Activity

“People get excited when they see their phone is being tricked into counting steps, expecting to be rewarded. But when they don’t, they have choices to make. Either, *uck it, I’m off, or, they realize this problem has been solved and Sweatcoins actually have value,” explains Fomenko.

As users begin to realize that the leaderboard champions are legit and the physical activity is real, the value of Sweatcoins starts to become apparent. The Sweat Economy team is dedicated to preserving the value of the token and is actively tracking and reviving inactive tokens.

Sweat Economy rewards participants for exercising. (Pexels)

How Does the Sweat Economy Make Money?

If you’re wondering how the Sweat Economy sustains itself and why they pay you crypto to walk, the answer lies in the value of physical data. During the COVID-19 lockdowns in March 2021, when physical activity dropped by 85%, the impact on health and related expenses became clear.

“This type of info is extremely valuable, which is why we have partnerships with major corporations like the National Health Service in the U.K., who pay us,” says Fomenko. The Sweat Economy also takes a commission on each transaction within the ecosystem of the Sweat token, ensuring its financial stability.

Other Apps in the Move-to-Earn Space

Sweatcoin is not alone in the move-to-earn cryptocurrency space. Other apps like Stepn, MetaGym, Dotmoovs, Calorun, and Run Together offer similar rewards for staying active. The trend of earning crypto by doing daily steps has gained popularity in recent times.

According to CoinMarketCap, Sweatcoin’s price stands at $0.0107, with a 24-hour trading volume of $5.86 million. As the move-to-earn trend continues to grow, it’s clear that more people are discovering the value of physical activity and the potential rewards it can bring.

Q&A

Q: Can I cheat the Sweat Economy system and earn without physical activity? A: The Sweat Economy has an entire department dedicated to catching out cheaters. Shaking your phone or faking physical activity won’t earn you any Sweatcoins. The platform is built on genuine physical activity and rewards those who put in the effort.

Q: How does the Sweat Economy make money if they pay users to walk? A: The Sweat Economy generates revenue through partnerships with major corporations like the National Health Service. They also take a commission on transactions within the ecosystem of the Sweat token, ensuring financial stability.

Q: Are there other apps similar to Sweatcoin that offer move-to-earn rewards? A: Yes, there are several other apps in the move-to-earn space, such as Stepn, MetaGym, Dotmoovs, Calorun, and Run Together. These apps also incentivize physical activity and offer cryptocurrency rewards.

Q: What is the value of Sweatcoins? A: The value of Sweatcoins is determined by the Sweat Economy’s ecosystem and the demand for the token. As more users engage with the platform and realize the value of genuine physical activity, the token becomes more valuable.

Looking Ahead: The Future of Move-to-Earn

The move-to-earn trend shows no signs of slowing down. With more users realizing the benefits of physical activity and the potential rewards it can bring, the Sweat Economy and similar apps are likely to continue growing in popularity.

As data on physical activity becomes increasingly valuable, partnerships with major corporations, healthcare providers, and fitness organizations are likely to increase. This opens up opportunities for further monetization and expansion within the move-to-earn space.

References

• Sweat Economy founder on shaking is fraud
• Sweatcoin’s price on CoinMarketCap
• Other apps in the move-to-earn space

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Traditional Gaming Giants and NFTs: A Second-Place Mentality

Traditional gaming giants will never be leaders: WAX chief gaming officer

Traditional gaming companies like Activision may be lagging behind when it comes to embracing NFTs and blockchain technology, and according to Michael Rubinelli, chief gaming officer of Web3 game developer WAX studios, that’s unlikely to change anytime soon. Rubinelli believes that traditional giants will always be followers, not leaders.

“It’s easier for them to let smaller companies make mistakes before they join in,” says Rubinelli in an interview with Web3 Gamer. He argues that big gaming companies prefer to observe and learn from smaller companies that have already experimented with building Web3 games and integrating economic structures.

Rubinelli, with his extensive background in traditional gaming, including roles at Disney and Kixeye, brings a unique perspective to the table. He understands the risk-reward ratio of dabbling with NFTs and digital ownership and acknowledges that traditional gaming executives may not find it viable in the current landscape.

“Business model transitions are hard; they are extinction events. If you do try to do it and fail, you’ll lose your job,” Rubinelli explains. Fear of failure and a reluctance to take risks prevent big publishers from extolling the benefits of NFTs and token ownership in the gaming industry.

Despite the cautious approach of traditional gaming giants, Rubinelli remains optimistic about the future. He believes that upcoming releases will make some of the current top hits in blockchain gaming seem outdated within the next twelve months. One game he is particularly looking forward to is the AAA first-person extraction shooter Shrapnel.

Q&A

Q: Why are traditional gaming companies hesitant to embrace NFTs and blockchain technology? A: Traditional gaming companies are risk-averse and fear the potential consequences of transitioning their business models. The fear of failure and the associated job loss prevent these companies from fully embracing NFTs and token ownership.

Q: How can smaller companies benefit from being leaders in the NFT and blockchain space? A: Smaller companies have the advantage of being able to experiment and learn from their mistakes. They can pioneer the development of Web3 games and economic structures, allowing traditional giants to observe and join in once the viability is proven.

Q: What does the future look like for NFTs and blockchain in the gaming industry? A: Despite the reluctance of traditional gaming giants, the future of NFTs and blockchain in the gaming industry is promising. As smaller companies continue to innovate and release new games, the industry will see rapid advancements, making current blockchain games appear outdated.

Looking Ahead: The Changing Landscape of Gaming

As smaller companies continue to lead the way in developing innovative Web3 games and integrating NFTs and blockchain technology, the traditional gaming giants will eventually be forced to adapt. The changing landscape of gaming presents both challenges and opportunities for the industry as a whole.

In the coming years, we can expect to see more big gaming companies embracing blockchain technology and experimenting with NFTs. This shift will not only benefit the companies themselves but also create a more diverse and immersive gaming experience for players around the world.

References

• WAX chief gaming officer on traditional gaming giants
• Shrapnel – AAA first-person extraction shooter

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MotoDEX: Racing with a Cartoony Twist

Slowly getting up to full speed on MotoDEX. (MotoDEX)

When it comes to racing games, the more cartoony, the better. While games like Forza Motorsport and Formula 1 aim for realism, there’s something undeniably entertaining about racing with wacky, larger-than-life cartoon vehicles on tiny tracks. It’s that same charm that keeps games like Mario Kart a hit.

Enter MotoDEX, the NFT motorcycle game that perfectly captures that cartoony racing experience. With MotoDEX, you get to pick which blockchain you want to use, whether it’s Near, Polygon, or Aurora. The game offers a simple, yet addictive gameplay experience.

In MotoDEX, you can earn coins that can be used to buy and sell NFTs on the OpenSea NFT marketplace. But that’s not the only way to make money in the app. You can also own tracks, and track owners receive coins from tournaments held on their tracks.

The races in MotoDEX are anything but ordinary. With a Nintendo Wii vibe on your phone, you’ll find yourself navigating obstacle assault courses filled with surprises at every turn. Forklifts and swinging objects lurk around, making each race a chaotic and exciting experience.

Q&A

Q: Can I only race on MotoDEX, or are there other gameplay options? A: In addition to racing, MotoDEX offers various ways to earn coins. You can buy and sell NFTs on the OpenSea marketplace, own tracks, and receive coins from tournaments held on your tracks. The game offers a range of gameplay options to keep you entertained.

Q: Which blockchain options are available on MotoDEX? A: MotoDEX supports three blockchains: Near, Polygon, and Aurora. Players can choose the blockchain that suits their preferences and get in on the racing action.

Q: Is MotoDEX a graphically advanced game? A: While MotoDEX’s graphics may not be the most advanced, it has its own unique charm. The game’s simple layout and cartoonish characters add to its appeal and create an enjoyable racing experience.

Looking Ahead: The Future of NFT Games

The popularity of NFT games like MotoDEX is a testament to the growing interest in blockchain-based gaming experiences. As more developers explore the potential of NFTs and blockchain technology, we can expect to see even more unique and entertaining games enter the market.

The future of NFT games holds the promise of immersive and interactive experiences that go beyond traditional gaming. With advancements in technology and increased adoption of blockchain, the possibilities for NFT games are truly endless.

References

• MotoDEX – NFT motorcycle game
• OpenSea NFT marketplace

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God Unchained: A Glimpse Into the Future

God Unchained releases roadmap for 2024

Five years after its beta release, digital trading card game Gods Unchained is still going strong. On Valentine’s Day, Gods Unchained unveiled its roadmap for 2024, exciting gamers and collectors alike.

The roadmap includes plans to revamp the server logic to boost performance and fix technical glitches. Additionally, users can expect the introduction of new game modes and improvements to the progression system. But that’s not all—Gods Unchained made an exciting announcement that its mobile version will be launching soon.

“Get ready to scale the ranks on the go as you leave your opponents weeping on their toilet bowls, making a scene on a train or bus, or ignoring the pleas of their young child asking for another story (please don’t do that). It’s your call,” states the roadmap.

Looking Ahead: The Evolution of Gods Unchained

With its consistent updates and commitment to improving the gaming experience, Gods Unchained has remained a beloved trading card game in the blockchain space. The upcoming additions to the game, including the mobile version, will undoubtedly attract even more players and collectors.

As Gods Unchained continues to evolve and adapt to the needs and expectations of its community, it has the potential to become a leading force in the world of digital trading card games. The roadmap for 2024 hints at an exciting future filled with new features and experiences.

References

• God Unchained roadmap for 2024

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