Binance Labs Invests In Moonwalk Fitness

Binance Labs recently announced an investment in Moonwalk Fitness, an innovative fitness app that turns health care into an enjoyable experience with financial rewards.

Binance Labs recently announced an investment in Moonwalk Fitness

Binance Labs announced an investment in Moonwalk Fitness

Moonwalk Fitness creates various fitness challenges, encouraging users to tackle them by staking tokens like USDC, SOL, or BONK to earn rewards. Users who meet team step goals or complete top challenges can win and receive rewards. If they fail to reach their goals, they forfeit a portion of their staked amount, which is then redistributed to the winners.

Built on the Solana blockchain, Moonwalk Fitness focuses on simplicity and accessibility, aiming to attract non-crypto users to Web3 by reducing blockchain complexity. The app allows users to earn rewards that can be converted into real-world value without needing an in-depth understanding of Web3 technology.

Moonwalk Fitness Successfully Raises $3.4 Million in Seed Round

At the same time, Moonwalk Fitness’s X account confirmed the success of a $3.4 million Seed funding round led by Hack VC. Alongside Binance Labs, other investors in the funding round include Reciprocal Ventures, CMS Holdings, and Flowdesk.