Walk To Earn price W2E
For more details on listing tiers, refer to Listings Review Criteria Section B - (3).
- Self-reported circulating supply
- 1,000,000,000,000,000 W2E
- Total supply
- 1,000,000,000,000,000 W2E
- Max. supply
- 1,000,000,000,000,000 W2E
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About Walk To Earn
What Is WalkToEarn (W2E)?
WalkToEarn is a self-styled “Web3 lifestyle app” with GameFi elements on the Solana blockchain. It combines aspects of a play-to-earn game with a fitness app to create a new category coined “move-to-earn.” Users buy NFT sneakers, which they can use to earn in-game currency while walking, running, or jogging.
WalkToEarn aims to revolutionize the market of fitness applications by incentivizing millions of users to follow a healthier lifestyle. The app solves several problems like “proof of movement” - proving that users really exercised - and a functioning GPS system. Moreover, WalkToEarn incentivizes users financially and plans to introduce social rewards elements and successfully contributes to carbon neutrality.
What is Walk To Earn?
WalkToEarn represents an innovative intersection between the burgeoning world of cryptocurrencies and the ever-important fitness industry. It operates on the Solana blockchain and introduces a novel concept known as "move-to-earn." This model is a fusion of GameFi elements—where gaming meets decentralized finance—and traditional fitness tracking, offering a unique incentive for users to maintain an active lifestyle.
At its core, WalkToEarn leverages the power of Web3 technologies to reward users for their physical activities, such as walking, running, or jogging. Participants engage with the platform through the purchase of NFT sneakers. These digital assets are not merely collectibles but serve a functional purpose by enabling users to earn in-game currency based on their physical movements.
The platform's dual focus on fitness and financial incentives addresses several challenges within both the crypto and health sectors. For instance, it introduces a reliable "proof of movement" system to ensure that the physical activities claimed by users are accurately tracked and rewarded. This is achieved through sophisticated GPS technology that verifies each user's movements, thereby fostering a trustworthy and motivating environment for maintaining physical health.
Moreover, WalkToEarn doesn't stop at individual rewards. It ambitiously aims to cultivate a community around fitness and wellness by integrating social rewards elements. This approach not only enhances the user experience through gamification but also encourages a collective movement towards healthier lifestyles.
In addition to its health and fitness benefits, WalkToEarn is committed to making a positive impact on the environment. The platform is designed with sustainability in mind, contributing to carbon neutrality efforts. This reflects a growing trend in the crypto space, where projects increasingly recognize their responsibility towards environmental stewardship.
In summary, WalkToEarn is more than just a fitness app or a crypto project. It's a pioneering platform that marries the motivation for physical health with the incentives of the digital economy, all while promoting social connectivity and environmental sustainability. As with any investment in the crypto space, potential users should conduct thorough research to understand the risks and benefits associated with participating in such innovative platforms.
How is Walk To Earn secured?
WalkToEarn employs a multifaceted approach to ensure the security and integrity of its platform, leveraging the inherent strengths of blockchain technology. At its core, the app is built on the Solana blockchain, known for its high-speed transactions and enhanced security features. This choice of blockchain foundation is crucial, as it provides a secure and decentralized environment where transactions are transparent and immutable.
To safeguard user data and transactions, WalkToEarn incorporates advanced encryption techniques. This includes the use of asymmetric encryption cryptography, a method where two keys (one public and one private) are used to encrypt and decrypt information. This ensures that even if data is intercepted, it cannot be deciphered without the corresponding private key, significantly reducing the risk of fraud and unauthorized access.
Furthermore, the platform employs strong authentication methods to protect user accounts. This typically involves multi-factor authentication (MFA), requiring users to provide two or more verification factors to gain access to their accounts. This adds an additional layer of security, making it much harder for unauthorized users to gain access.
The integration of NFT sneakers for earning in-game currency introduces another layer of security. NFTs are unique digital assets that are securely recorded on the blockchain, providing proof of ownership that is difficult to replicate or falsify. This not only secures users' assets within the game but also ensures the integrity of the move-to-earn system.
WalkToEarn's commitment to solving problems like "proof of movement" and implementing a functioning GPS system further enhances security. By verifying that users are genuinely engaging in physical activity, the platform minimizes the risk of fraudulent activity and ensures a fair and transparent reward system.
In summary, WalkToEarn's security measures are comprehensive, combining the inherent security features of the Solana blockchain with advanced encryption, strong authentication methods, and unique digital assets (NFTs) to protect users and their data. As with any platform, users should conduct their own research and exercise caution when participating in crypto-related activities.
How will Walk To Earn be used?
WalkToEarn represents a novel approach in the intersection of fitness, gaming, and blockchain technology. It positions itself within the "move-to-earn" category, leveraging the Solana blockchain to offer a unique experience that encourages physical activity through financial incentives.
At its core, WalkToEarn is designed as a Web3 lifestyle application that integrates GameFi elements. This integration allows users to engage in physical activities such as walking, running, or jogging to earn in-game currency. The mechanism for earning involves the use of NFT sneakers, which participants must acquire. These digital assets are central to the app's ecosystem, enabling users to track their movement and convert it into tangible rewards.
The application addresses several challenges commonly associated with fitness apps, including the verification of physical activity ("proof of movement") and the implementation of a reliable GPS system to accurately track exercises. By solving these issues, WalkToEarn not only promotes a healthier lifestyle among its users but also ensures the integrity and fairness of the rewards system.
Furthermore, WalkToEarn plans to expand its reward system beyond financial incentives. The introduction of social rewards aims to foster a community of users who are motivated not just by earnings but by the shared goal of leading healthier lives. This aspect of social engagement is crucial for sustaining user interest and participation over time.
In addition to its health and fitness benefits, WalkToEarn contributes to broader societal goals, such as carbon neutrality. By encouraging more people to walk or jog instead of using vehicles for short distances, the app has the potential to reduce carbon emissions, aligning with global efforts to combat climate change.
In summary, WalkToEarn uses blockchain technology to create a rewarding system for physical activity, encouraging users to adopt healthier lifestyles while providing financial and social incentives. Its focus on solving technical challenges, combined with its commitment to environmental sustainability, positions it as a pioneering application in the move-to-earn space.
What key events have there been for Walk To Earn?
WalkToEarn has marked its presence in the cryptocurrency and blockchain space through a series of significant events that have shaped its journey. Initially, the platform made headlines with the launch of its innovative app, which stands at the intersection of fitness and blockchain technology. This app, leveraging the Solana blockchain, introduced a novel concept in the market: move-to-earn. By integrating GameFi elements with a fitness application, WalkToEarn not only promotes a healthier lifestyle among its users but also rewards them for their physical activities. Users engage with the platform through NFT sneakers, enabling them to earn in-game currency by walking, running, or jogging.
Further advancing its mission, WalkToEarn has established partnerships with various communities and companies. These collaborations have been pivotal in expanding its ecosystem, enhancing user engagement, and increasing the utility of its GST tokens. The partnerships with other move-to-earn crypto projects have been particularly noteworthy, as they underscore the platform's commitment to fostering a supportive and interconnected community within the blockchain space.
Another key event in WalkToEarn's timeline is the listing of its WLD token on exchanges. This development not only provided liquidity for the token but also increased its accessibility to a broader audience, thereby contributing to the platform's growth and the value appreciation of its tokens.
Beyond its technological and financial milestones, WalkToEarn has also demonstrated a commitment to social responsibility. The platform has engaged in charitable activities, such as organizing a football friendly match in Hungary and donating warm clothes to a school in a mountainous area. These actions reflect WalkToEarn's broader vision of leveraging blockchain technology for social good, including its contributions to carbon neutrality.
In summary, WalkToEarn has navigated through a series of key events that highlight its innovative approach to integrating fitness with blockchain technology, its strategic partnerships, the financial milestones concerning its tokens, and its commitment to social responsibility. These developments collectively underscore the platform's ongoing efforts to revolutionize the fitness application market and incentivize a healthier lifestyle through blockchain technology.