SWEAT
91,208 vues
66 Publications
Tendance
Récents
🚀 Remember when SWEAT token $SWEAT reached 1$ per coin last year 😱
Whats your prediction in 2024? Can sweat reach 10$ per token?
🔥 Airdrop is ongoing, haven't joined yet? Dont miss your chance to earn free sweat.
Distribution of airdrop will be on december 15, 2023 🚀
To Join Airdrop : Copy and Paste @SWEAT_Airdrop_Robot into Your Telegram.
Round 1 Claimed Success, Dont Miss Final Round. (END on DEC 15) !
#AirdropAlert #Airdrop🪂 #AltcoinPotential #giveaway #SWEAT $ETH
Whats your prediction in 2024? Can sweat reach 10$ per token?
🔥 Airdrop is ongoing, haven't joined yet? Dont miss your chance to earn free sweat.
Distribution of airdrop will be on december 15, 2023 🚀
To Join Airdrop : Copy and Paste @SWEAT_Airdrop_Robot into Your Telegram.
Round 1 Claimed Success, Dont Miss Final Round. (END on DEC 15) !
#AirdropAlert #Airdrop🪂 #AltcoinPotential #giveaway #SWEAT $ETH
Unlocking the Road to Health and Rewards with Sweatcoin
In an era where health and wellness take center stage, Sweatcoin emerges as a revolutionary app that transforms every step into tangible rewards. With its innovative approach to fitness tracking and motivation, Sweatcoin harnesses the power of movement to incentivize healthy living while offering users the opportunity to earn exciting rewards.
1. **Step Tracking Reinvented**: Sweatcoin seamlessly integrates with your smartphone to track your daily steps, converting them into Sweatcoins, the app's digital currency. Every step you take becomes a valuable asset on your journey to better health and rewards.
2. **Motivation at Your Fingertips**: Say goodbye to mundane fitness routines. Sweatcoin motivates users to stay active by setting daily step goals and offering challenges to keep you engaged. Whether it's hitting a personal best or competing with friends, Sweatcoin keeps the motivation high every step of the way.
3. **Rewards Galore**: One of Sweatcoin's most enticing features is its diverse range of rewards. From fitness gear and gadgets to discounts on wellness products and experiences, Sweatcoin offers something for everyone. Users can redeem their hard-earned Sweatcoins for real-world rewards that enhance their health and lifestyle.
4. **Community and Accountability**: Joining the Sweatcoin community adds another layer of motivation and support to your fitness journey. Connect with like-minded individuals, share your achievements, and cheer each other on as you strive for your health and wellness goals.
5. **Making Every Step Count**: With Sweatcoin, every step you take is a step towards a healthier, more rewarding lifestyle. Whether you're walking the dog, running errands, or hitting the trails, your efforts are recognized and rewarded, making fitness more accessible and enjoyable for all.
#Write2Earn #TrendingTopic #Sweatcoin #SWEAT
In an era where health and wellness take center stage, Sweatcoin emerges as a revolutionary app that transforms every step into tangible rewards. With its innovative approach to fitness tracking and motivation, Sweatcoin harnesses the power of movement to incentivize healthy living while offering users the opportunity to earn exciting rewards.
1. **Step Tracking Reinvented**: Sweatcoin seamlessly integrates with your smartphone to track your daily steps, converting them into Sweatcoins, the app's digital currency. Every step you take becomes a valuable asset on your journey to better health and rewards.
2. **Motivation at Your Fingertips**: Say goodbye to mundane fitness routines. Sweatcoin motivates users to stay active by setting daily step goals and offering challenges to keep you engaged. Whether it's hitting a personal best or competing with friends, Sweatcoin keeps the motivation high every step of the way.
3. **Rewards Galore**: One of Sweatcoin's most enticing features is its diverse range of rewards. From fitness gear and gadgets to discounts on wellness products and experiences, Sweatcoin offers something for everyone. Users can redeem their hard-earned Sweatcoins for real-world rewards that enhance their health and lifestyle.
4. **Community and Accountability**: Joining the Sweatcoin community adds another layer of motivation and support to your fitness journey. Connect with like-minded individuals, share your achievements, and cheer each other on as you strive for your health and wellness goals.
5. **Making Every Step Count**: With Sweatcoin, every step you take is a step towards a healthier, more rewarding lifestyle. Whether you're walking the dog, running errands, or hitting the trails, your efforts are recognized and rewarded, making fitness more accessible and enjoyable for all.
#Write2Earn #TrendingTopic #Sweatcoin #SWEAT
Explore blockchain's impact on fitness through richer data, personalized metrics, and move-to-earn models like Sweat Economy.
#SWEAT #blockchain
https://blockchainreporter.net/why-blockchain-is-a-game-changer-for-fitness/
#SWEAT #blockchain
https://blockchainreporter.net/why-blockchain-is-a-game-changer-for-fitness/
Hello dear all!
#SWEAT
I share because I care!
Ever heard of Sweatcoin?
You literally earn crypto for walking, no stupid mandatory ads to watch, no IAP unless you want to.
Stuff to be won as well but I recommend you don't enter draws costing more than 0.1-1 SWEAT- I say save up as much as you can for if/when the MC goes 10x!
If you Do consider spending any money on it always DYOR first.
Downsides are sadly it's not coming to Binance and you need some Near token in your wallet to exchange SWEAT but that's pretty much it AFAIK🤷🏻♂️
This post is Not sponsored and you can lookup Sweatcoin and Sweat wallet app in play store and in the app store to get it buuuut, if you click the invite link below- I will get a small reward for pointing you in the right direction so the choice is up to you😉
https://sweatco.in/hi/ceglarz
Sweatcoin website:
https://sweatco.in/
#Write2Earn #SWEAT
#DYOR🟢.
#SWEAT
I share because I care!
Ever heard of Sweatcoin?
You literally earn crypto for walking, no stupid mandatory ads to watch, no IAP unless you want to.
Stuff to be won as well but I recommend you don't enter draws costing more than 0.1-1 SWEAT- I say save up as much as you can for if/when the MC goes 10x!
If you Do consider spending any money on it always DYOR first.
Downsides are sadly it's not coming to Binance and you need some Near token in your wallet to exchange SWEAT but that's pretty much it AFAIK🤷🏻♂️
This post is Not sponsored and you can lookup Sweatcoin and Sweat wallet app in play store and in the app store to get it buuuut, if you click the invite link below- I will get a small reward for pointing you in the right direction so the choice is up to you😉
https://sweatco.in/hi/ceglarz
Sweatcoin website:
https://sweatco.in/
#Write2Earn #SWEAT
#DYOR🟢.
It was a coincidence, but great
My personal experience with SWEAT
At first i introduce you to an app that i found as i looked for a Step-Counter.
Offline i walk a lot and i would know, how much it is for real. And for sure, knew about those scammy apps which promise that you can redeem a lot of cash with only a few steps. It is clear that this is scam but there are some serious ones too.
So i found sweatcoin at first. At that time you could redeem vouchers and more for your sweatcoins BUT shortly after i joined they introduced their Sweat-ecosystem and announced the creation of $SWEAT.
#SWEAT is the web3-token of the Sweat-ecosystem and gives an opportunity to join, i thought. ...and i was right even it had not that big value at this time.
Meanwhile i got a great Number of SWEAT only by walking and with the last #bullruns it has grown more than i expected.
More Info about SWEAT
Here you can find all about SWEAT:
https://sweateconomy.com/
If you want to join the project and walk for crypto, you could use this Link to get some Bonus Sweat: https://sweatco.in/hi/cpt.kosmoshout
At first i introduce you to an app that i found as i looked for a Step-Counter.
Offline i walk a lot and i would know, how much it is for real. And for sure, knew about those scammy apps which promise that you can redeem a lot of cash with only a few steps. It is clear that this is scam but there are some serious ones too.
So i found sweatcoin at first. At that time you could redeem vouchers and more for your sweatcoins BUT shortly after i joined they introduced their Sweat-ecosystem and announced the creation of $SWEAT.
#SWEAT is the web3-token of the Sweat-ecosystem and gives an opportunity to join, i thought. ...and i was right even it had not that big value at this time.
Meanwhile i got a great Number of SWEAT only by walking and with the last #bullruns it has grown more than i expected.
More Info about SWEAT
Here you can find all about SWEAT:
https://sweateconomy.com/
If you want to join the project and walk for crypto, you could use this Link to get some Bonus Sweat: https://sweatco.in/hi/cpt.kosmoshout
This week, over $80.46m is set to be unlocked on-chain.
The tokens involved are:
$APT 2.2% of its lock worth $32.21m.
$APE 4.2% of its lock worth $29.95m.
$IMX 1.7% of its lock worth $12.64m.
others are #FLOW 0.7% worth $4.41m.
#SWEAT 3.6% worth $1.25% worth $1.25.
#crypto2023
The tokens involved are:
$APT 2.2% of its lock worth $32.21m.
$APE 4.2% of its lock worth $29.95m.
$IMX 1.7% of its lock worth $12.64m.
others are #FLOW 0.7% worth $4.41m.
#SWEAT 3.6% worth $1.25% worth $1.25.
#crypto2023
🚀Gem Project Analysis- Sweat Economy 🚀
🌟#Move to Earn X #GameFi #Near Ecosystem Gem Project Sweat economy (SWEAT) 📈
🚀 Sweat Economy – Transforming Physical Activity into Cryptocurrency Rewards on NEAR Blockchain! 💪💰
🚀 Let's dive into key features and potential of #Sweat in this captivating thread! 🧵👇
1️⃣ Introduction and Overview: Sweat Economy is revolutionizing fitness and finance by rewarding users for physical activity through its innovative Move-to-Earn model. Built on the NEAR blockchain, this groundbreaking project utilizes the SWEAT token to incentivize healthy lifestyles and economic participation.
2️⃣ Technology and Feature: Powered by NEAR's high-speed and energy-efficient blockchain, Sweat Economy introduces a unique concept known as Proof of Work through Human Effort. This pioneering approach validates transactions through real-world tasks, offering a tangible connection between physical activity and cryptocurrency rewards.
3️⃣ Whitepaper Analysis: The Sweat Economy ecosystem extends from the existing Sweatcoin platform, introducing a comprehensive suite of features including the SWEAT token, Sweat DAO, non-custodial Sweat Wallet, NFT marketplace, and a range of innovative Sweat products. The project implements measures to manage token supply growth while providing enticing incentives for users, with full vesting anticipated by Sept 2026 since its initial token launch on 9/13/2022.
4️⃣ Use Case: SWEAT tokens serve as the lifeblood of the Sweat Economy ecosystem, offering a myriad of benefits to users. From unlocking discounts and coupons for leading brands like Amazon and Adidas to providing access to coveted tickets for sporting events, SWEAT tokens empower users to reap the rewards of their physical efforts.
5️⃣ Team and Leadership: Behind Sweat Economy stands a formidable team of visionaries, including Oleg Fomenko, Anton Derlyatka, and Egor Khmelev, who bring a wealth of expertise from their leadership roles in the original Sweatcoin platform.
6️⃣ Partnerships: Sweat Economy leverages its pre-crypto partnerships with global brands to enhance its ecosystem. Collaborations with insurers, fitness brands, and healthcare providers enrich the Sweat Economy experience, offering users a diverse array of benefits and incentives for their physical activities.
7️⃣ Security and Audits: Ensuring the utmost security for its users, Sweat Economy holds SWEAT tokens in the NEAR-based Sweat Wallet, built on NEAR's high-performance blockchain. With smart contracts audited by reputable firms such as Quantstamp and Pessimistic, users can trust in the platform's integrity and reliability.
8️⃣ Tokenomics: With an uncapped supply, SWEAT tokens incentivize movement perpetually, as each minted token is backed by the value of physical activity. This unique approach ensures a sustainable reward system while fostering continuous engagement within the Sweat Economy ecosystem.
9️⃣ Exchanges: SWEAT tokens are actively traded on major exchanges like OKX, BingX, Gate.io, Bybit and many more providing liquidity and accessibility to users worldwide, further enhancing the utility and value of the cryptocurrency.
🔟 Conclusion: Sweat Economy represents a paradigm shift in both fitness and finance, bridging the gap between physical activity and cryptocurrency rewards. With its innovative technology, strong team, and strategic partnerships, Sweat Economy is poised to redefine how we perceive and engage with economic systems in the digital age.
🚀 Sweat Economy – Transforming Physical Activity into Cryptocurrency Rewards on NEAR Blockchain! 💪💰
🚀 Let's dive into key features and potential of #Sweat in this captivating thread! 🧵👇
1️⃣ Introduction and Overview: Sweat Economy is revolutionizing fitness and finance by rewarding users for physical activity through its innovative Move-to-Earn model. Built on the NEAR blockchain, this groundbreaking project utilizes the SWEAT token to incentivize healthy lifestyles and economic participation.
2️⃣ Technology and Feature: Powered by NEAR's high-speed and energy-efficient blockchain, Sweat Economy introduces a unique concept known as Proof of Work through Human Effort. This pioneering approach validates transactions through real-world tasks, offering a tangible connection between physical activity and cryptocurrency rewards.
3️⃣ Whitepaper Analysis: The Sweat Economy ecosystem extends from the existing Sweatcoin platform, introducing a comprehensive suite of features including the SWEAT token, Sweat DAO, non-custodial Sweat Wallet, NFT marketplace, and a range of innovative Sweat products. The project implements measures to manage token supply growth while providing enticing incentives for users, with full vesting anticipated by Sept 2026 since its initial token launch on 9/13/2022.
4️⃣ Use Case: SWEAT tokens serve as the lifeblood of the Sweat Economy ecosystem, offering a myriad of benefits to users. From unlocking discounts and coupons for leading brands like Amazon and Adidas to providing access to coveted tickets for sporting events, SWEAT tokens empower users to reap the rewards of their physical efforts.
5️⃣ Team and Leadership: Behind Sweat Economy stands a formidable team of visionaries, including Oleg Fomenko, Anton Derlyatka, and Egor Khmelev, who bring a wealth of expertise from their leadership roles in the original Sweatcoin platform.
6️⃣ Partnerships: Sweat Economy leverages its pre-crypto partnerships with global brands to enhance its ecosystem. Collaborations with insurers, fitness brands, and healthcare providers enrich the Sweat Economy experience, offering users a diverse array of benefits and incentives for their physical activities.
7️⃣ Security and Audits: Ensuring the utmost security for its users, Sweat Economy holds SWEAT tokens in the NEAR-based Sweat Wallet, built on NEAR's high-performance blockchain. With smart contracts audited by reputable firms such as Quantstamp and Pessimistic, users can trust in the platform's integrity and reliability.
8️⃣ Tokenomics: With an uncapped supply, SWEAT tokens incentivize movement perpetually, as each minted token is backed by the value of physical activity. This unique approach ensures a sustainable reward system while fostering continuous engagement within the Sweat Economy ecosystem.
9️⃣ Exchanges: SWEAT tokens are actively traded on major exchanges like OKX, BingX, Gate.io, Bybit and many more providing liquidity and accessibility to users worldwide, further enhancing the utility and value of the cryptocurrency.
🔟 Conclusion: Sweat Economy represents a paradigm shift in both fitness and finance, bridging the gap between physical activity and cryptocurrency rewards. With its innovative technology, strong team, and strategic partnerships, Sweat Economy is poised to redefine how we perceive and engage with economic systems in the digital age.
The token. #SWEAT is a new #cryptocurrency you mint with your movement🏃. Holding SWEAT has many benefits🎉: it can be staked for yield and amazing rewards🎁, applied to #NFTs , and grant access to improved features in the Sweat Wallet
#SWEAT Price Live Data. The live Sweat Economy price today is $0.005718 USD💰 with a 24-hour⏳ trading volume of $1,490,079 USD🤑
$BTC $BNB
#SWEAT Price Live Data. The live Sweat Economy price today is $0.005718 USD💰 with a 24-hour⏳ trading volume of $1,490,079 USD🤑
$BTC $BNB
LIVE
CryptoNews
--
Play-to-earn Essentials: How to Begin and What You Can Earn
The video games market is thriving. Discover the potential rewards and opportunities in crypto with play-to-earn (P2E) games.
The global video games market is experiencing rapid growth, with projections indicating a substantial increase in revenues to $282.30 billion by 2024.
Regions like China are anticipated to significantly contribute to this surge, with a projected revenue generation of $94.4 billion this year.
Furthermore, the market is expected to sustain this momentum with an annual growth rate of 8.76%, reaching a staggering $363.20 billion by 2027.
In this changing landscape, play-to-earn (P2E) games are gaining attention. These games offer the traditional gaming experience but also give you a chance to earn actual cryptocurrency rewards.
However, the entry point into these games varies depending on the title. For instance, Axie Infinity (AXS), a prominent player in the play-to-earn space, requires players to invest in at least three Axies, priced between $2 to several thousand dollars each.
Axies | Source: Axieinfinity app
Conversely, games like Decentraland (MANA) offer a more accessible starting point. Players can initiate their journey with a MetaMask wallet, although additional investments in virtual assets like the MANA coin may be necessary to access certain features.
When considering your potential earnings, it’s crucial to understand that they can change. This change is affected by factors like the worth of the tokens and the engagement of the players.
For example, community reports suggest an average daily earning potential of around $1 within Axie Infinity.
Additionally, the secondary market for in-game assets, particularly non-fungible tokens (NFTs), presents players with an opportunity for additional revenue streams, as evidenced by Decentraland’s success in NFT sales.
You might also like: New web3 games to watch in 2024
Games leading the P2E race
Let’s analyze top performers in the P2E market based on the last 30 days of data:
motoDEX: Ranked first among P2E games, motoDEX operates on a multi-chain model. Over the last 30 days, it has witnessed an increase of 35.6% in unique active wallets (UAW) and a surge of 512.91% in transaction volume, taking its total transactions to 8.31 million.
Sweat Economy: Sweat Economy operates on both Ethereum and Near chains. The Ethereum (ETH) hosted version experienced a modest uptick of 2.56% in UAW, while the Near-hosted counterpart saw an increase of 4.42% with total transactions of 6.49 million.
Trickshot Blitz: Holding the third spot, Trickshot Blitz runs on the Flow blockchain. However, it faces challenges with a 17.93% decrease in UAW and declining transaction volumes over the past 30 days.
PlayEmber: Ranked fourth, PlayEmber is present on both Ethereum and Near chains. Ethereum-based activity declined by 20.87% in UAW, while Near witnessed a decrease of 35.38% over the last month.
Pixels: Securing the fifth position, Pixels operates on Ethereum and Ronin chains. Ethereum-based activity surged by 137.35% in UAW, while Ronin witnessed a 31.94% increase in user engagement. Additionally, transaction volumes on Ronin skyrocketed by over 3,000%.
How to make money from P2E games in 2024
The P2E market is volatile, with earnings potential fluctuating due to factors like token value, game popularity, and in-game asset demand.
Successful monetization strategies in 2024 will hinge on staying informed about market trends, choosing the right games, and managing assets wisely. Here is what you can do:
Selecting the right games
Decentraland, The Sandbox (SAND), and Axie Infinity are highlighted as prominent examples of P2E games that have yielded high returns for early investors and, by far, are still the most valued games based on market cap.
Meanwhile, as of Mar. 7, motoDEX, Sweat Economy, and Pixels stand out due to their unique active wallets (UAW) growth and transaction volumes as per DappRadar.
Focus on games with high reputation, popularity, UAW and transaction volume as they indicate an engaged community, a key factor for potential earnings.
Don’t put all your resources into a single game. Spread your investments across different blockchains and game genres to mitigate risks associated with token volatility and game popularity changes.
You might also like: What is Sweatcoin: Earning crypto for steps
Earning strategies
Active participation: Engage daily to maximize earnings through gameplay, challenges, and community events. For instance, Sweat Economy rewards users for physical activity, promoting consistent interaction.
Asset flipping: Asset flipping on secondary markets for games like Decentraland and The Sandbox can be lucrative, especially for early investors or those with a keen eye for valuable in-game assets. Timing is crucial; purchase assets when prices are low and sell during peak demand. Analyzing historical price data and community sentiment can inform buying/selling decisions.
Staking and investment: Some P2E games offer staking mechanisms where you can earn dividends or interest on your in-game assets or tokens. This can provide a passive income stream alongside active gameplay earnings.
Guild membership: Joining a guild can provide access to premium game assets without upfront investment, sharing profits from collective earnings. It’s also a great way to learn strategies from experienced players.
Calculations and profitability analysis
Return on investment (ROI): Calculate initial costs (buying game assets, transaction fees) against daily/weekly earnings to understand the break-even point. For example, if your initial investment is $100 and you earn $5 daily, your break-even point is 20 days.
Market analysis: Keep an eye on token and asset prices within each game. Use tools like DappRadar and NonFungible.com to analyze market trends and identify profitable assets.
Community engagement: Active community participation can offer insights into upcoming updates, market trends, and hidden opportunities for earning. Reddit, Discord, and Twitter are essential platforms for P2E game communities.
Current state of P2E market
In 2023, the blockchain gaming sector witnessed significant shifts and challenges alongside notable successes.
According to data provided by the Big Blockchain Game List, 2023 saw over 30% of announced blockchain-based games being canceled or discontinued.
Source: Big Blockchain Game List
This trend was particularly evident across platforms such as Binance Chain (BNB), Polygon (MATIC), and Ethereum, highlighting a high level of project attrition within the industry.
According to DappRadar’s latest report, blockchain gaming attracted significant capital in 2023, with investments totaling $2.9 billion across 163 deals in web3 gaming and metaverse projects.
This marked a notable 62% drop in funding and a 19% decrease in the number of deals compared to 2022, when blockchain games received $7.6 billion in funding.
The market composition remained largely dominated by indie or mid-size projects, with only a small fraction (6%) securing higher AA and AAA funding levels. Nevertheless, Asia emerged as a prominent hub for new game development, with half of all new games originating from the region.
Meanwhile, blockchain games accounted for the highest share (34%) of dapp activities in 2023, attracting a daily active user base of 1.1 million.
WAX emerged as a standout gaming blockchain in 2023 and drew in over 3 million new wallets and processed 4.7 billion gaming transactions, cementing its position as a key player in the blockchain gaming space.
Additionally, in-game NFT markets witnessed significant activity throughout the year. Notable platforms like Gods Unchained and Ethereum led the pack in trading volumes, with Gods Unchained achieving a remarkable $209 million in trading volume and Ethereum maintaining its dominance with $347 million in in-game NFT trades.
You might also like: Global NFT market sees a 22% dip in sales, yet Trump NFTs continue to soar
Conclusion
Prioritize games with established popularity and engaged communities, as they often offer more stable earnings potential.
Additionally, stay informed about market trends and monitor token and asset prices regularly. Remember to approach P2E gaming as a long-term investment, exercising caution and diligence in your decisions.
You might also like: 9 ways to earn free crypto in 2024
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.
The global video games market is experiencing rapid growth, with projections indicating a substantial increase in revenues to $282.30 billion by 2024.
Regions like China are anticipated to significantly contribute to this surge, with a projected revenue generation of $94.4 billion this year.
Furthermore, the market is expected to sustain this momentum with an annual growth rate of 8.76%, reaching a staggering $363.20 billion by 2027.
In this changing landscape, play-to-earn (P2E) games are gaining attention. These games offer the traditional gaming experience but also give you a chance to earn actual cryptocurrency rewards.
However, the entry point into these games varies depending on the title. For instance, Axie Infinity (AXS), a prominent player in the play-to-earn space, requires players to invest in at least three Axies, priced between $2 to several thousand dollars each.
Axies | Source: Axieinfinity app
Conversely, games like Decentraland (MANA) offer a more accessible starting point. Players can initiate their journey with a MetaMask wallet, although additional investments in virtual assets like the MANA coin may be necessary to access certain features.
When considering your potential earnings, it’s crucial to understand that they can change. This change is affected by factors like the worth of the tokens and the engagement of the players.
For example, community reports suggest an average daily earning potential of around $1 within Axie Infinity.
Additionally, the secondary market for in-game assets, particularly non-fungible tokens (NFTs), presents players with an opportunity for additional revenue streams, as evidenced by Decentraland’s success in NFT sales.
You might also like: New web3 games to watch in 2024
Games leading the P2E race
Let’s analyze top performers in the P2E market based on the last 30 days of data:
motoDEX: Ranked first among P2E games, motoDEX operates on a multi-chain model. Over the last 30 days, it has witnessed an increase of 35.6% in unique active wallets (UAW) and a surge of 512.91% in transaction volume, taking its total transactions to 8.31 million.
Sweat Economy: Sweat Economy operates on both Ethereum and Near chains. The Ethereum (ETH) hosted version experienced a modest uptick of 2.56% in UAW, while the Near-hosted counterpart saw an increase of 4.42% with total transactions of 6.49 million.
Trickshot Blitz: Holding the third spot, Trickshot Blitz runs on the Flow blockchain. However, it faces challenges with a 17.93% decrease in UAW and declining transaction volumes over the past 30 days.
PlayEmber: Ranked fourth, PlayEmber is present on both Ethereum and Near chains. Ethereum-based activity declined by 20.87% in UAW, while Near witnessed a decrease of 35.38% over the last month.
Pixels: Securing the fifth position, Pixels operates on Ethereum and Ronin chains. Ethereum-based activity surged by 137.35% in UAW, while Ronin witnessed a 31.94% increase in user engagement. Additionally, transaction volumes on Ronin skyrocketed by over 3,000%.
How to make money from P2E games in 2024
The P2E market is volatile, with earnings potential fluctuating due to factors like token value, game popularity, and in-game asset demand.
Successful monetization strategies in 2024 will hinge on staying informed about market trends, choosing the right games, and managing assets wisely. Here is what you can do:
Selecting the right games
Decentraland, The Sandbox (SAND), and Axie Infinity are highlighted as prominent examples of P2E games that have yielded high returns for early investors and, by far, are still the most valued games based on market cap.
Meanwhile, as of Mar. 7, motoDEX, Sweat Economy, and Pixels stand out due to their unique active wallets (UAW) growth and transaction volumes as per DappRadar.
Focus on games with high reputation, popularity, UAW and transaction volume as they indicate an engaged community, a key factor for potential earnings.
Don’t put all your resources into a single game. Spread your investments across different blockchains and game genres to mitigate risks associated with token volatility and game popularity changes.
You might also like: What is Sweatcoin: Earning crypto for steps
Earning strategies
Active participation: Engage daily to maximize earnings through gameplay, challenges, and community events. For instance, Sweat Economy rewards users for physical activity, promoting consistent interaction.
Asset flipping: Asset flipping on secondary markets for games like Decentraland and The Sandbox can be lucrative, especially for early investors or those with a keen eye for valuable in-game assets. Timing is crucial; purchase assets when prices are low and sell during peak demand. Analyzing historical price data and community sentiment can inform buying/selling decisions.
Staking and investment: Some P2E games offer staking mechanisms where you can earn dividends or interest on your in-game assets or tokens. This can provide a passive income stream alongside active gameplay earnings.
Guild membership: Joining a guild can provide access to premium game assets without upfront investment, sharing profits from collective earnings. It’s also a great way to learn strategies from experienced players.
Calculations and profitability analysis
Return on investment (ROI): Calculate initial costs (buying game assets, transaction fees) against daily/weekly earnings to understand the break-even point. For example, if your initial investment is $100 and you earn $5 daily, your break-even point is 20 days.
Market analysis: Keep an eye on token and asset prices within each game. Use tools like DappRadar and NonFungible.com to analyze market trends and identify profitable assets.
Community engagement: Active community participation can offer insights into upcoming updates, market trends, and hidden opportunities for earning. Reddit, Discord, and Twitter are essential platforms for P2E game communities.
Current state of P2E market
In 2023, the blockchain gaming sector witnessed significant shifts and challenges alongside notable successes.
According to data provided by the Big Blockchain Game List, 2023 saw over 30% of announced blockchain-based games being canceled or discontinued.
Source: Big Blockchain Game List
This trend was particularly evident across platforms such as Binance Chain (BNB), Polygon (MATIC), and Ethereum, highlighting a high level of project attrition within the industry.
According to DappRadar’s latest report, blockchain gaming attracted significant capital in 2023, with investments totaling $2.9 billion across 163 deals in web3 gaming and metaverse projects.
This marked a notable 62% drop in funding and a 19% decrease in the number of deals compared to 2022, when blockchain games received $7.6 billion in funding.
The market composition remained largely dominated by indie or mid-size projects, with only a small fraction (6%) securing higher AA and AAA funding levels. Nevertheless, Asia emerged as a prominent hub for new game development, with half of all new games originating from the region.
Meanwhile, blockchain games accounted for the highest share (34%) of dapp activities in 2023, attracting a daily active user base of 1.1 million.
WAX emerged as a standout gaming blockchain in 2023 and drew in over 3 million new wallets and processed 4.7 billion gaming transactions, cementing its position as a key player in the blockchain gaming space.
Additionally, in-game NFT markets witnessed significant activity throughout the year. Notable platforms like Gods Unchained and Ethereum led the pack in trading volumes, with Gods Unchained achieving a remarkable $209 million in trading volume and Ethereum maintaining its dominance with $347 million in in-game NFT trades.
You might also like: Global NFT market sees a 22% dip in sales, yet Trump NFTs continue to soar
Conclusion
Prioritize games with established popularity and engaged communities, as they often offer more stable earnings potential.
Additionally, stay informed about market trends and monitor token and asset prices regularly. Remember to approach P2E gaming as a long-term investment, exercising caution and diligence in your decisions.
You might also like: 9 ways to earn free crypto in 2024
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.
Check out this...It Pays to Walk 🚶🔥😎
🎉️🎊️ Sweat Coin 🎊️🎉️
https://sweatco.in/i/sandunchanna
#Sweatcoin #SWEAT #crypto #Write2Earn
🎉️🎊️ Sweat Coin 🎊️🎉️
https://sweatco.in/i/sandunchanna
#Sweatcoin #SWEAT #crypto #Write2Earn
THE FIRST ALTCOIN That Became Deflationary On Its First Year Of Existence 🤯👇
$SWEAT , the top move to earn web3 project followed by $GMT , has obtained a rare achievement in the crypto world! In fact, it is the first project that got deflationary Tokeneconomics during its first year of existence! Thanks to its team and community, SWEAT implemented several deflationary mechanisms in a short time. These contribute on burning around 5.88 billion from July to now (graphic below). That's a massive achievement that in my opinion outlines the team/project's commitment to sustainability and its innovative approach to tokeneconomics! But what are these deflationary mechanisms they implemented? Inactivity fee, evaporation fee, transactions fee, rewards fee, voting fee and NFT game fee. All together contributed on decreasing the token emissions! From my point of view, this is definitively an altcoin that worth monitoring!
STAY TUNED! 💪 DYOR 🙏
- Note that I'm a project enthusiast and that's not a financial advice!
#SWEAT #Sweatcoin #tokenomics #Altcoins2024 #GemsAlert
$SWEAT , the top move to earn web3 project followed by $GMT , has obtained a rare achievement in the crypto world! In fact, it is the first project that got deflationary Tokeneconomics during its first year of existence! Thanks to its team and community, SWEAT implemented several deflationary mechanisms in a short time. These contribute on burning around 5.88 billion from July to now (graphic below). That's a massive achievement that in my opinion outlines the team/project's commitment to sustainability and its innovative approach to tokeneconomics! But what are these deflationary mechanisms they implemented? Inactivity fee, evaporation fee, transactions fee, rewards fee, voting fee and NFT game fee. All together contributed on decreasing the token emissions! From my point of view, this is definitively an altcoin that worth monitoring!
STAY TUNED! 💪 DYOR 🙏
- Note that I'm a project enthusiast and that's not a financial advice!
#SWEAT #Sweatcoin #tokenomics #Altcoins2024 #GemsAlert
Toke Review - Sweat Economy ($Sweat) Free to Play, Move to Earn
The "Sweat Economy" is a concept associated with the Sweatcoin platform. It refers to a new economic model that leverages physical activity and movement as a form of value creation. The idea is to incentivize people to be more physically active by rewarding them with a digital currency called "Sweat." This digital currency can then be used in various ways within the Sweatcoin ecosystem.The Sweat Economy aims to make movement a valuable and tradable asset within the digital realm. It envisions a world where physical activity is not only beneficial for health but also has economic value. This concept is part of a broader trend in the cryptocurrency and blockchain space, where innovative approaches are being explored to integrate real-world activities with digital economies.In the context of the Sweat Economy, there are additional features like "Free to Play" and "Walk to Earn" that contribute to the overall ecosystem:Free to Play: This concept allows users to engage in activities or games within the Sweatcoin ecosystem without any cost. Users can participate in various activities or games without the need for an upfront payment. This encourages more people to join and be active in the community.Walk to Earn: This is a core principle of the Sweat Economy. It encourages users to engage in physical activity, such as walking, and rewards them with the digital currency "Sweat" for their efforts. This creates a direct link between physical movement and economic value within the digital realm.By combining these elements, the Sweat Economy not only promotes physical activity for health and well-being but also integrates it seamlessly with a digital economy. Users can participate, earn, and transact in this ecosystem, ultimately contributing to a healthier and more economically inclusive society. This innovative approach is part of a broader trend in the cryptocurrency and blockchain space, exploring new ways to connect real-world actions with digital value.#tokenreview #SWEAT #Sweatcoin #walktoearn #Write2Earn Please like and follow 🥰.
SWEAT Economy to Launch 3rd Round Airdrop to Early Participants on Telegram !
We're Thankful for your huge support since launch and we appriciate it. Heres our reward compensation for you.
💵 700k SWEAT Allocation
✅️ Eligibility : All Web3 Participants
⚠️ Complete all The nessesary task to qualify for the SWEAT Token Airdrop
Invite Your Real Friends to join and you will be rewarded 1500 SWEAT est (14.00USD).
The Airdrop is Vested so you will be receiving tokens, and unlocked 5% monthly to be sold.
Airdrop Link : https://t.me/SWEAT_Airdrop_Robot
WHAT IS SWEAT ?
SWEAT is your physical activity tokenized. It is a real crypto asset that you mint with your movement. It can be used for a chance to win amazing rewards, applied to NFTs, and used to get improved features in the Sweat Wallet app.
This Could be the final round airdrop for SWEAT so dont miss. Distribution of this airdrop is on Dec 15.
#crypto #Airdrop🪂 #AirdropAlert #SWEAT #airdropking
We're Thankful for your huge support since launch and we appriciate it. Heres our reward compensation for you.
💵 700k SWEAT Allocation
✅️ Eligibility : All Web3 Participants
⚠️ Complete all The nessesary task to qualify for the SWEAT Token Airdrop
Invite Your Real Friends to join and you will be rewarded 1500 SWEAT est (14.00USD).
The Airdrop is Vested so you will be receiving tokens, and unlocked 5% monthly to be sold.
Airdrop Link : https://t.me/SWEAT_Airdrop_Robot
WHAT IS SWEAT ?
SWEAT is your physical activity tokenized. It is a real crypto asset that you mint with your movement. It can be used for a chance to win amazing rewards, applied to NFTs, and used to get improved features in the Sweat Wallet app.
This Could be the final round airdrop for SWEAT so dont miss. Distribution of this airdrop is on Dec 15.
#crypto #Airdrop🪂 #AirdropAlert #SWEAT #airdropking
#TrendingTopic
DON'T SLEEP ON THIS ONE 🔥🔥
#SWEAT #BTC #MATIC
The token
$SWEAT is your physical activity tokenized. It is a real crypto asset that you mint with your movement. It can be used for a chance to win amazing rewards, applied to NFTs, and used to get improved features in the Sweat Wallet app.
NFTs & Games
Claim your free Legs NFT and battle against other players to earn $SWEAT in Sweat Hero. The winner of each head-to-head battle claims Battle Coins that can be exchanged for $SWEAT, and The Sweat Foundation takes and burns the battle fees so the game is net-deflationary.
Rewards
Grow more $SWEAT and unlock rewards by placing your $SWEAT in Growth Jars. The more you put into your Growth Jars, the better rewards you have access to.
Supply of $SWEAT
$SWEAT IS MINTED SOLELY BY MOVEMENT. The community has voted to introduce several mechanisms to decrease the rate of inflation of the token and to constrict the circulating supply.
GRAB YOUR SweatCoin Now🔥🔥🔥🫵
👉👉https://sweatco.in/hi/midphotos👈👈 Check out this free app — It Pays to Walk 🚶$BTC #Write2Earn
Thank me later 🎊🤩
DON'T SLEEP ON THIS ONE 🔥🔥
#SWEAT #BTC #MATIC
The token
$SWEAT is your physical activity tokenized. It is a real crypto asset that you mint with your movement. It can be used for a chance to win amazing rewards, applied to NFTs, and used to get improved features in the Sweat Wallet app.
NFTs & Games
Claim your free Legs NFT and battle against other players to earn $SWEAT in Sweat Hero. The winner of each head-to-head battle claims Battle Coins that can be exchanged for $SWEAT, and The Sweat Foundation takes and burns the battle fees so the game is net-deflationary.
Rewards
Grow more $SWEAT and unlock rewards by placing your $SWEAT in Growth Jars. The more you put into your Growth Jars, the better rewards you have access to.
Supply of $SWEAT
$SWEAT IS MINTED SOLELY BY MOVEMENT. The community has voted to introduce several mechanisms to decrease the rate of inflation of the token and to constrict the circulating supply.
GRAB YOUR SweatCoin Now🔥🔥🔥🫵
👉👉https://sweatco.in/hi/midphotos👈👈 Check out this free app — It Pays to Walk 🚶$BTC #Write2Earn
Thank me later 🎊🤩
