Best Move to Earn Cryptos in 2022
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After the popularity of play-to-earn (P2E) cryptocurrencies that monetize gaming activities, move to earn cryptos is a rising niche which promotes physical activity by offering crypto rewards.
This guide will analyze the best move to earn crypto projects in 2022 and provide an in-depth review of the top 10 investments in this space.
Top Move to Earn Crypto List
The sections below provide a quick overview of the top move to earn crypto coins to invest in 2022.
- Tamadoge - Top Move-To-Earn Crypto Project
- Battle Infinity - M2E Metaverse Platform
- STEPN - Move-to-Earn Lifestyle App
- Green Satoshi Token - Utility Token of STEPN
- Step App - FitFi Cryptocurrency Project
- Dotmoovs - Sports-Based M2E Cryptocurrency
- Genopets - NFT Avatars Representing a Player’s Performance
- Wirtual - Popular M2E Cryptocurrency to Invest in 2022
- MetaGym - Exercise-to-Earn Cryptocurrency
- DOSE - Native Cryptocurrency of the OliveX Metaverse
A Closer Look at the Best Move to Earn Crypto Game Apps
To get a detailed idea of the best move to earn crypto assets, the sections below provide an in-depth review of the 10 investment opportunities in this niche.
1. Tamadoge - Top move-to-earn Crypto Project
Tamadoge is an exciting new cryptocurrency project that has announced M2E features on its project roadmap. One of the best play-to-earn blockchain-based games, Tamadoge offers in-game earning opportunities with TAMA - the native cryptocurrency.
TAMA can be used to purchase Tamadoge pets - NFTs that represent a unique virtual dog. These NFTs can be purchased along with other virtual items on the Tama store. Players can leverage these NFTs to compete for TAMA on a monthly leaderboard.
According to the Tamadoge whitepaper, the cryptocurrency aims to launch move-to-earn functionality with its upcoming augmented reality Tamadoge app. The app will retain the same P2E dynamics as the web-based platform and will reward players for walking their AR-based Tamadoge pets.
This platform feature is expected to launch by Q4 2023. With a token supply of 2 billion, 5% of all TAMA spent on the ecosystem will be burnt. This will help maintain the value of the token in the long term.
Concluding one of the best crypto presales in 2022, Tamadoge raised $19 million in its ICO round. The token increased from a price of $0.01 to $0.03 by the end of this round. While 50% of the tokens were available during the presale, 20% of the token supply has been reserved for future centralized (CEX) and decentralized exchanges (DEXs).
Notably, Tamadoge is now listed on OKX - a decentralized and centralized exchange with over 20 million users.
Interested readers can follow Tamadoge’s Telegram Channel to stay updated with the project. Telegram admins will never DM you first.
2. Battle Infinity - M2E Metaverse Platform
Battle Infinity (IBAT) is another new P2E platform that leverages blockchain technology to incorporate in-game rewards on its decentralized platform.
The main P2E feature of this cryptocurrency is the Battle Arena - a metaverse ecosystem where players can take part in various events and concerts via VR headsets. Therefore, the platform aims to implement M2E crypto elements through its ecosystem.
Moreover, all virtual items and characters on the metaverse are minted as NFT by leveraging ERC 721 smart contacts on the Battle Market - Battle Infinity’s NFT marketplace. Players can also participate in the IBAT Premier League - a decentralized sports fantasy league requiring players to join after purchasing NFT passes.
Therefore, users can find some of the best NFTs to buy on this ecosystem, leveraging them to participate in competitions and build their own 3D characters.
All the main P2E features can be accessed through the native token - IBAT. This cryptocurrency can be purchased through the Battle Swap - Battle Infinity’s own DEX. IBAT can be staked to earn interest on the Battle Stake and is also used to distribute rewards.
Battle Infinity (IBAT) concluded one of the best crypto ICOs after raising 16,500 BNB worth of IBAT in only 24 days. IBAT has since been listed on PancakeSwap - reaching a high of $0.0105 - a 7x price increase from its $0.0015 presale launch price. Currently, IBAT is trading at $0.0031 per token.
3. STEPN - Move-to-Earn Lifestyle App
Built on the Solana blockchain, STEPN is a unique move-to-earn cryptocurrency project, categorizing itself as a ‘Web3 lifestyle app’. Providing a fitness app, STEPN allows players to earn in-game rewards by walking, jogging or running.
On STEPN, players need to purchase NFT sneakers - which vary in price depending on their characteristics, rarity and other attributes. One of the best NFT games to play, STEPN aims to promote a healthier lifestyle for millions of people by incentivizing monetary rewards.
The platform’s main governance token is GMT (Green Metaverse Token) - which can be used to access premium content and customization options. Notably, the NFT sneakers level up as and when players physically move and are tracked with a GPS. The platform also incorporated the moonwalking technique, ensuring that the player is properly monitored throughout their move goal.
As players reach level 30 or higher, GMT tokens can be accessed and can also be swapped with USDC. GMT has a circulating supply of 600 million tokens - representing 10% of the total supply. After trading at just $0.15 in March 2022, GMT reached an all-time high (ATH) of $4.11 in April 2022. After the bear market of 2022, GMT has corrected to $0.62 per token.
4. GST (Green Satoshi Token) - Utility Token of STEPN
Like GMT, the Green Satoshi Token (GST) is an integral part of the STEPN ecosystem. While GMT can be used as a governance token, GST is the platform’s utility token.
Once the players purchase their NFT shoes, they can access the Solo mode to start earning GST tokens by moving. To win tokens, players need to earn energy - 1 energy is equivalent to 5 minutes of move & earn movement.
Since the platform offers different NFT sneakers, each design offers different efficiency levels. Therefore, energy can be earned faster per sneaker type. For example, the ‘Runner’ NFT sneaker can provide a return of 6 GST per 1 energy achieved at the optimal speed.
With GST, users can also mint sneakers and level up by leveraging GMT tokens as well. With an unlimited token supply, GST has a live market cap of $16 million. GST is currently trading at $0.029 per token.
5. Step App - FitFi Cryptocurrency Project
Step App (FITFI) is a unique M2E cryptocurrency project that's based on the FitFi niche - an amalgamation of fitness and finance. Similar to STEPN, the Step App offers a protocol where players can compete in fitness quests with their metaverse avatars.
The platform uses augmented reality-based technology to bridge the gap between the metaverse and reality. Sneaks represent playable NFTs that each player must purchase to track their in-game progress.
After downloading this move-to-earn crypto app, players can earn tokens by walking or jogging. FITFI is the Step app's governance token, fueled by the ecosystem fees. The platform also offers KCAL tokens - the in-game tokens earned and can be used to purchase Sneak NFTs.
FITFI has a maximum supply of 5 billion tokens, trading at $0.05 as of September 22nd 2022.
6. Dotmoovs - Sports-Based M2E Cryptocurrency
Dotmoovs is a sports and tech company - leveraging artificial intelligence (AI) to deploy unique algorithms that can detect human movement. The platform uses an arbitration engine to measure players’ limb position and movement to measure their skill.
Incorporating NFTs and its own cryptocurrency (MOOV), players can take part in peer-to-peer challenges on the network. After the AI detects a player's various sports tricks and skills, an individual can earn MOOV tokens as a reward.
Tokens can also be earned by participating in dance and soccer tournaments and are used to purchase in-game items and update virtual avatars - minted as NFTs.
The platform also has its own NFT marketplace - where players can purchase virtual items such as soccer balls, sneakers and more. With a 1 billion maximum supply, nearly 50% of MOOV tokens are now available to trade. MOOV is trading at $0.006 per token.
7. Genopets - NFT Avatars Representing a Player’s Performance
Genopets (GENE) is a free-to-play and M2E cryptocurrency platform based on the Solana blockchain. Promoting users to lead an active lifestyle, Genopets tracks users’ steps data from their mobile phones to incorporate play-to-earn economics.
On this platform, investors can summon their own Genopets - NFT avatars representing an individual’s performance. Players can grow their pets by physically moving and activating their NFT avatars.
On the Genoverse, players can battle with other players by competing in challenges, compete daily to keep their Genopets happy and win rewards in the process. GENE is the governance token of Genopets and is used to represent an individual Genopets value on the platform.
Currently, over 4 million of the total 100 million supply of GENE tokens are available to trade. GENE is currently trading at $3.83 with a market cap of $15 million.
8. Wirtual - Popular Move-to-Earn Cryptocurrency to Invest in 2022
Wirtual is an M2E crypto app that rewards customers for exercising and taking care of their bodies. Originally started as a test project in the science of growth methodology, the creators of Wirtual wanted to discover a way to make exercising more fun.
move to earn crypto project
With the Wirtual app, users can connect the apps with their fitness devices and earn tokens while running, swimming, dancing, cycling or working out. The native cryptocurrency of this platform is WIRTUAL - which can be earned when users conduct various physical activities.
With a fully diluted market cap of $147 million, WIRTUAL is trading at $0.147 per token.
9. MetaGym - Exercise-to-Earn Cryptocurrency
MetaGym has advertised itself as the metaverse’s first Exercise-to-Earn (E2E) cryptocurrency gym. Providing M2E capabilities, MetaGym comes with a free-to-use app that rewards players with MGCN - its native cryptocurrency built on the Polygon network.
The platform allows players to access MetaGym Buddies - which are NFT avatars that can complete fitness challenges and track an individual's progress. The MGCN token can be used to upgrade these NFT avatars and purchase virtual items to design the MetaGym Buddies.
Players must acquire a MetaGym web3 wallet and transfer Polygon (MATIC) to begin purchasing the NFT avatars. Players are rewarded with MGCN depending on their performance. With a limited market cap of 2 billion, MGCN is a deflationary asset that can potentially increase in price in the long term.
10. DOSE - Native Cryptocurrency of the OliveX Metaverse
DOSE is a native cryptocurrency which can be earned by competing in various workout-based gameplayers on the OliveX Metaverse. This ecosystem provides players with gamified fitness experiences - leveraging blockchain technology to monetize various physical activities.
DOSE is the central token of the OliveX ecosystem and can be used to purchase in-game items and earn rewards. Players can earn DOSE tokens by taking part in games on the OliveX platform, such as Dustland Runner - a proof of workout audio game.
The Dustland Runner crypto game is set in a dystopian future where the earth has been burnt and only consists of dustlands and pirates. Players can complete challenges in the game by physically walking and jogging throughout the course of the gameplay.
With a circulating supply of nearly 6 million tokens, DOSE is currently trading at $0.009 per token.
What to Consider When Investing in Move to Earn Crypto Coins
Before investing in the best M2E cryptocurrencies, let’s look at some of the main factors to consider before investing in this space.
Unique Use Cases
The M2E cryptocurrency space is still a new and upcoming niche. While most of the projects in this space look to combine in-game earning with moving, a few projects stand out. For example, Battle Infinity offers a platform that caters to multiple use cases.
Firstly, the metaverse arena on Battle Infinity incorporates M2E elements and allows players to access virtual ecosystems with VR headsets. Furthermore, platform members can access playable NFT characters, stake cryptocurrencies to earn interest, and even participate in decentralized fantasy leagues.
One way to analyze a token is by reviewing the cryptocurrency's total supply. One of the reasons why Tamadoge (TAMA) is among the best altcoins to buy is due to its tokenomics. With a maximum supply of 2 billion, TAMA has positioned itself as a deflationary asset. On the other hand, tokens like Dogecoin have increased their supply from 100 billion to 132 billion tokens.
Furthermore, Tamadoge will burn 5% of all tokens spent on the ecosystem to ensure the supply does not outweigh the demand. M2E tokens that offer such strong characteristics have the potential to deliver high growth.
Are Move to Earn Crypto Projects a Good Investment?
Although M2E cryptocurrency projects are not a well-established niche, a high-risk, high-reward element is involved when investing in this space. Some of the best M2E projects also offer tokens at a low price.
For example, Tamadoge is one of the cheapest cryptocurrency to buy at current levels. However, investors with a high-risk appetite may want to invest in such cryptocurrencies for the long term. While popular cryptos such as Bitcoin and Ethereum were corrected by 60% in 2022, TAMA rewarded investors with 3x profits during its crypto presale.
Therefore, diversifying in the best M2E projects may lead to significant upwards movement. Moreover, the move-to-earn cryptocurrency movement may also appeal to investors with Web3 and blockchain technology development. It is estimated that the metaverse may have a market cap of $5 trillion by 2030. Since this is just the start of incorporating AI-based technologies via crypto protocols, long-term investors may benefit from their investments.
How to Buy Move to Earn Crypto
The sections below provide a step-by-step guide on how to purchase Tamadoge - the top M2E cryptocurrency to invest in 2022.
Step 1: Create an Account with OKX
Tamadoge is now available to purchase with OKX - the popular cryptocurrency exchange. Head over to the OKX website and create an account.
Enter your personal details, including your phone number/email address and create a password. Confirm the account with the confirmation code that will be sent to your email/phone.
Alternatively, visit the OKX decentralized exchange.
Step 2: Purchase USDT Tokens
TAMA can be swapped tether (USDT) but cannot bought directly with a credit or debit card.
Therefore, investors must hold USDT on OKX to purchase Tamadoge. Investors can purchase the token with fiat currency - using a debit/credit card option.
For users who cannot register with the OKX CEX, Tamadoge can be purchased with the OKX decentralized exchange. Visit the OKX DEX website and transfer tokens to the account using a cryptocurrency wallet.
Step 3: Buy Tamadoge
Search for your preferred TAMA pairing - TAMA/USDT - and convert your tokens. The tokens will then appear on your OKX exchange wallet.
Move-to-Earn (M2E) cryptocurrencies combine physical activity with in-game earning opportunities to incentivize players.
After analyzing the available projects, we recommend Tamadoge as the best M2E investment due to its playable NFT avatars, deflationary tokenomics and recent success during its presale round.
Other projects like Battle Infinity’s IBAT also showcase long-term growth potential due to incorporating various metaverse-based and NFT features.
What does M2E mean crypto wise?
M2E stands for move-to-earn. These cryptocurrencies incentivize players to earn crypto-based rewards by conducting physical activities by participating through their various platforms.
What is a good move to earn crypto investing strategy?
Players can choose to invest in M2E games by analyzing the token supply. For example, projects with lower token supplies provide deflationary tokenomics, often leading to higher price increases.
What are the most profitable and best crypto apps?
One of the recent M2E cryptos which have provided staggering returns is Tamadoge (TAMA) - rising by 300% in its presale round.
What are the latest move-to-earn crypto projects?
Some of the latest move-to-earn crypto projects include Tamadoge (TAMA), MetaGym and STEPN