Using M2E GPS Tracking

“A revolutionary fusion of Biotech and the Blockchain”

The Emerging Web3 Gaming Model and How It Incentivizes a Healthier Lifestyle

The idea of the Move2Earn model is that we can use our natural movement to earn money.

The emergence of new applications and technologies in the form of Web3 has brought about a new concept, Move2Earn. While some call it Burn2Earn or Play2Health, it is an emerging concept in Web3 that incentivises users to take their health seriously. It is the revolutionary fusion of Biotech and the blockchain. 

What Is the Move2Earn Concept All About?

Move2Earn, Burn2Earn, or Play2Health is a novel concept that incorporates Game-Fi, Social-Fi, and NFT aspects- elements that can be found in the Play2Earn model. A user who participates in Move2Earn projects is rewarded for maintaining a healthier lifestyle rather than just playing games alone with zero incentives. The idea of the Move2Earn model is that we can use our natural movement to earn money. Wearable devices, step counters, augmented reality, GPS, and NFTs are used to track exercise habits and activities to reward users with tokens that could be converted to fiat money.

To maintain a healthy lifestyle, you need to eat right and exercise constantly- Fitness. When you fail to do these your health deteriorates. This is where the Move2Earn concept comes in, it aims to create a healthier world where people are motivated to stay fit and active while earning money at the same time. The reward will serve as a motivation and an easy way to onboard users who wouldn’t ordinarily engage in fitness activities.

Move2Earn Model Platform

Web3 will be the internet of the future, where users will have control over their data. In turn, it will ensure that users have control over their health data in the future. 

The solution this disruptive technology brings to Web3 can be placed under two categories:

Surface Level Solution

Incentivising a healthier lifestyle with Web3 mechanics.

In-depth Level Solution

Creating a permissioned health data bank platform that makes health data decentralised and controlled by users.

Its goal is building a health data bank on the blockchain that incentivises users in two ways: Data Collection and Data Sharing. 

Data Collection

The platform will create a gamified environment for users to get rewards for doing physical activities through the Move2Earn model. Users’ data would be collected (through user’s activities) with wearables and interfaces (including brain-computer interfaces (BCIs), fitness trackers, and eye-tracking technologies).

The data collected, at this stage, will be automatically sent to the platforms Mobile Application, for users’ access only. The data will be on the blockchain, protected with a private cryptographic key accessible only to the user. So, through this exercise model, users stay fit and have less risk of contracting chronic diseases associated with lack of exercise and frequent physical movement. 

Data Sharing

Now that the data is in the App, it cannot be destroyed, deleted, tampered with, or restricted from the user because it is saved on the blockchain. The data is inaccessible to third parties and only accessible to the user, so the user owns the data. 

How is the user rewarded

The user is rewarded with tokens by giving third parties read-only access to his data. What this implies is that the user can share his health data anonymously with other users through the platforms Web3 wallet. Also, researchers, teachers, lecturers, students, or organisations who want to carry out revolutionary health research will pay to access this data. If given permission, the user earns without compromising his/her identity. If the user decides not to share his/her data, it stays in his/her Web3 wallet.