So, recently the “do-something-to-earn” concept has been becoming more and more popular in the crypto world. And not the crypto world only…
Today we will go over a few trending projects that have been on the surface of the “do-something-to-earn” space.
So.
It all started with “Play-to-earn” NFT games back in 2018.
The biggest play-to-earn game so far was Axie Infinity launched in March 2018, where users need to pay money to play.
The Axie Infinity app was never available on the App Store or Play Market.
However, this type of play-to-earn has deflated in value due to huge in-game inflation as you can see from the chart.
It had its time in the limelight in November 2021 when the Axie token reached 500x of its original value, and like all things that catch on fire pretty fast, well, they lose their flame just as quickly - easy come, easy go.
Move-to-earn
The next stage in the “do-something-to-earn” space has become STEPN with its new “move-to-earn” concept launched in December 2021 where users also need to pay money to earn.
This project has racked in and became just as popular as the “play-to-earn” Axie Infinity game at its peak of popularity.
STEPN is a web 3.0 social-fi and game-fi project. STEPN is fantastic since it encourages people to live a healthier life by earning money while they walk, jog, or run outside.
Its market cap is at $859,915,299 which looks very promising considering the project was released less than a year ago.
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They have wild things coming up in their roadmap and this could act as a catalyst for people like me to get up and move a little.
STEPN is available on App Store and Play Market.
Next big thing. ‘Watch-to-earn’
The new short-video “watch-to-earn” lit.it app has become #1 most sticky users app according to apptopia.com - more sticky than TikTok.
Since the lit.it app was released on App Store & Google Play in April 2022, it has attracted over 25,000 users from 70+ different countries with an average user growth rate of 13% per day.
On lit.it users don’t need to pay any money to earn LITIT tokens. So where does the token value come from - you might wonder.
Content and community have value, and the more people join lit.it, the more creators get rewarded and at the same time the value of the tokens users have earned through ‘social mining’ concept will continue to increase.
The platform has just launched and now is the best time to join!
The lit.it app is available on App Store & Play Market.