Best Move to Earn Cryptos in 2023
Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com.
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 2023 and provide an in-depth review of the top 11 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 2023.
- Fight Out - Best Move-To-Earn Project with Fitness App and Real-World Gyms
- 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 2023
- 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 11 investment opportunities in this niche.
1. Fight Out - Best Move-To-Earn Crypto with Fitness App and Real-World Gyms
Our top overall best move-to-earn crypto project is the newly launched Fight Out, which has already raised more than $1.2 million in its presale.
The hugely exciting project is our best new crypto to invest in for 2023 and will push the move-to-earn space further than before by tracking and customizing full-body workouts and rewarding individuals for their efforts in the gym or at home in its own fitness app.
Fight Out also has ambitious plans to blend the real world with Web3 and will open real-world gyms in key locations across the world, partner with professional athletes and elite coaches, with members able to access fully customized workouts that not only help improve strength and cardio but also wellness and mental fortitude.
Unlike other M2E projects like STEPN, which just covers steps, Fight Out uses smart technology to track movement and key effort indicators, with all data points feeding into an algorithm.
Users create an NFT avatar - which is soulbound and cannot be traded, but is fully customizable - that represents their fitness profile, and then log into the mobile app which tailors bespoke workouts and then measures progress and achievements.
As well as general fitness, other metrics such as nutrition and sleep can be added to further tailor their personalized workout programs. Fight Out members are able to access a workout builder program that offers personalized routines and exercises prepared by in-house coaches and personal trainers.
With technique being key to increasing fitness, each exercise is explained through high-quality instructional videos - live classes are also available.
Fight Out is currently in talks with world boxing champions, MMA fighters and pro wrestlers for their ambassador program, which will not only serve to promote the brand but will provide masterclass-style content and behind-the-scenes access to training camps.
The project’s native token, FGHT, is currently going through its presale and will grant holders access to the app and gym via subscription and membership. A second currency, REPS, will serve as the in-app currency and can be redeemed for rewards such as training equipment, supplements and apparel.
REPS will also earn holders discounts on monthly memberships or pay for remote consultations with experts and is earned for completing workouts and leveling up their NFT avatar. The avatar is the digital fitness profile of the holder and further rewards can be earned by pitting themselves against others in daily, weekly and monthly competitions.
FGHT is currently on sale for $0.0166 with a total supply of 10 billion tokens - 60% of those will be sold in the presale, 10% for exchange liquidity and 30% for rewards and growth of the project, with investors able to earn bonuses during the presale by deciding to lock their tokens for longer periods.
The Fight Out CEO co-owns a boxing gym and comes from a background in combat sports, while the senior group are doxxed and have helped develop other fitness apps. Of the $100 million presale target, 70% will be used to build and refurbish gyms, 18% on marketing and 12% on product development.
For more information on the project, read the Fight Out whitepaper or join the Telegram group for the latest news. Alternatively to see how bullish some analysts are, read our Fight Out price prediction today.
|Presale Started||December 12|
|Purchase Methods||ETH, USDT, Transak|
2. Tamadoge - Top move-to-earn Crypto Project
Tamadoge is an exciting 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, which 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 and then pumped to gains of nearly 2,000% during its initial exchange offering on OKX.
Apart from the AR app, the main Tamadoge game will see players grow and care for pets, then battle against other players as they move up a leaderboard and earn prizes. Other mini-games are also in development for 2023.
Interested readers can follow Tamadoge’s Telegram Channel to stay updated with the project. Telegram admins will never DM you first.
3. Battle Infinity - M2E Metaverse Platform
Battle Infinity (IBAT) is another 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.
The token has since regressed amid the wider crypto bear market but is still trading at $0.002.
4. 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.
However, amid the ongoing bear market and complaints from the community about the rewards system being flawed, GMT has collapsed to a price of just $0.40.
5. 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 $2.5 million and is currently trading at $0.07 per token.
The token, like GMT, has suffered amid negative reviews from its users and the wider crypto bear market.
6. 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 $0.04 as of mid-December 2022.
7. 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 75% of MOOV tokens are now available to trade. MOOV is trading at $0.003 per token.
8. 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, only 4 million of the total 100 million supply of GENE tokens are available to trade.
GENE reached an all time high of $35 in November 2021, but 13 months later tokens are trading at just $0.63.
9. Wirtual - Popular Move-to-Earn Cryptocurrency to Invest in 2023
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.
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.
10. 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.
11. 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 $0.006 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.
FightOut is one because it is not only offering a revolutionary fitness app - that will provide tailored workout programs and a robust rewards system - but the project also plans to build real-world gyms in key locations around the globe and integrate them with Web3 technology.
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, FightOut is one of the cheapest cryptocurrencies to buy at current levels, with FGHT tokens available at just $0.016 each. 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 have corrected by 70% in 2022, FGHT has huge potential for the future and a lot of room to grow.
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 brief guide on how to purchase FightOut's FGHT - the top M2E cryptocurrency to invest in 2023.
Investors can also read our full step-by-step guide for beginners looking to buy FightOut tokens.
Step 1: Download Crypto Wallet
FightOut is currently in stage 1 of its presale and investors will need a crypto wallet such as MetaMask or Trust Wallet to purchase FGHT tokens.
Step 2: Acquire ETH or USDT
FGHT is an ERC-20 token meaning it can be exchanged for ETH or USDT.
Users can choose to buy one of the two tokens from an exchange and transfer it to their wallet. Alternatively, both ETH and USDT can be purchased on the FightOut website with credit/debit card or Google Pay via third-party app Transak.
Step 3: Connect to FightOut
Once there are USDT or ETH tokens in your wallet, head to the FightOut website and hit 'Connect'.
From there select the relevant option - 'Buy FGHT with ETH' or 'Buy FGHT with USDT'.
Tokens are currently on sale for $0.016 each.
Step 4: Buy FGHT
Another screen will appear and investors should input the amount they wish to buy - remembering to leave a small amount of ETH to cover gas (transaction) fees.
Investors can also decide on their vesting period, with the longer you lock tokens for providing more rewards. Locking for 24 months will earn an extra 25% bonus, for example.
Hit 'Buy Now' and complete the transaction.
FGHT tokens will be stored on the FightOut website and can be claimed when the presale is finished.
Move-to-Earn (M2E) cryptocurrencies combine physical activity with in-game earning opportunities to incentivize players.
After analyzing the available projects, we recommend FightOut as the top M2E investment due to huge early interest, market-leading fitness app and ambitious plans to buy real-world, Web3-integrated gyms.
The project has only just launched the first stage of its presale and has already attracted more than $1.2 million in investment, with FGHT tokens on sale for $0.016.
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 and nearly 2,000% to its all-time high.
What are the latest move-to-earn crypto projects?
Some of the latest move-to-earn crypto projects include FightOut, Tamadoge (TAMA), MetaGym and STEPN.