According to a blog post from Binance, Binance Labs announced an investment in Moonwalk Fitness, a fitness application that combines gamification and financial incentives aimed at promoting a healthier lifestyle. The app allows users to achieve their daily step goals through step challenges and reward mechanisms, enabling them to earn real value.
Moonwalk Fitness operates on the Solana blockchain, simplifying the complexities of cryptocurrency technology, making it easier for non-crypto users to get started. The platform plans to leverage this investment to accelerate product development, expand into more health activities, and attract participation from the mass market.
Max Coniglio, Investment Director at Binance Labs, stated: "Moonwalk Fitness promotes healthy living through gamification and financial incentives, while showcasing the practicality of blockchain. We are excited to support such early-stage innovative projects that drive the adoption of Web3."