After GMT token (Step'N) blew up, a bunch of new fitness projects are popping up. I just saw one called FITFI or Step app. Is this gonna be the next playground for devs? Seems like crypto is turning into a sprint to cash in on hype before it disappears. No surprise we have tons of unserious devs around now.
The rise of fitness projects hype
19 replies 352 views
True, a friend showed me on he is engaged right now though he didn't spend anything on buying any coin just downloaded the app and walk,
SweatCoin (SWEAT) which I checked out on coingecko to see any info on them but this
I think we might see more of these fitness projects in the near future
mr_satoshiSenior Member
Posts: 305 · Reputation: 1629
#3Jan 12, 2017, 08:42 AM
Fitness projects are now extremely bullish. People missed Gmt when it was trading at 0.15$ at start now they won't missed another chance. Money new project launched on this idea but no one can be like StepN. Some days ago CRDC token was list on Mexc which up 10x in 10 hours. Now fitfi already 50x from presale price. we may see some best project in couple of months
leo_falconFull Member
Posts: 49 · Reputation: 420
#4Jan 12, 2017, 02:12 PM
I myself have just heard of it and have not followed the FITFI aka Step app and do not know the developer. if viewed This is just my analysis of the project, and not investment advice in any way. Just in case, it's always advisable to exercise caution when dealing with new projects and be sure to read their whitepaper and review their official information channel activities.
oracle_2018Member
Posts: 19 · Reputation: 135
#5Jan 12, 2017, 03:03 PM
Blockchainizing every aspect of our needs seems like an option for most of them. While in fact, there is no probable reason that most of the projects they trying to build require a blockchain. I don't see it will stop in a near future.
Such things are happening since the ICO phase arise, I really hope that if most of the dev are trying to raise funding, they should build/find a specific project that truly supports funding the development instead of directly tokenizing the product.
eric.sigmaMember
Posts: 30 · Reputation: 170
#6Jan 12, 2017, 07:38 PM
i already tried that sweat coin and yes its a free app and you can earn money in it by walking, jogging. And if i remember it correctly it was way back 2019 since i found that project but unfortunately that time covid19 emerged and i didn't use the app so i decided to uninstall it.
but yes based on my research at first it was legit but there's an issue on it because of some so called hackers that trying to bypass the app to get sweat coins.. So perhaps it's ok now.?
I am seeing this topic for a few days now it looks like this is going to a new kind of trend wherein they are going to use cryptocurrency to make us physically active. Does anyone are into this kind of thing? It would like to test this kind of projects do you think this kind of project will last long or for just quick money?
ya.ya.yo!
Just be careful with those. Every project that goes on hype and gets the attention of the crowd, there will be other projects that are going to copy it.
They think that by copying them, they're also able to copy the success and hype of those projects. So before you invest too much with these hype fitness projects, think again.
GMT or Step'N is a combination of NFT and Fitness since you need to buy NFT in order to have some earning mechanism (correct me though if I'm wrong).
I've seen Sweatcoin in the past and its the same as this one where you will be paid just by doing some exercises like jogging etc.
Now with regards to Fitness projects as the hype, it might as well since we've seen GMT's price rising. We might see similar projects as with Step'n with a little bit of a tweaks in the future. Another hype, another way to scam investors again and another way to make some rug pulls again .
WildBridgeMember
Posts: 13 · Reputation: 159
#10Jan 14, 2017, 07:01 PM
Not new at all, ended with the same thing = FAIL.
See LYMPO, one of the gym token too but they also fail and try to offer "NFTs" again by doing crowdfunding. All ICO most the time is fail, unless they're successfully bring some unique product/chain into crypto-space.
That's why never invest in ICO.
Now it is difficult to predict what will happen in the crypto market as global changes are taking place in the world. As for fitness crypto projects, they were there before, but unfortunately I personally didnt earn anything from them. The fact that a trend for such projects is now possible is evidenced by the fact that summer is ahead, which means that many people will spend more time on the street, which will allow them to do more outdoor fitness. This is likely to affect the increase in the market entry of similar crypto projects and cryptocurrencies. As for their success, this is a moot point, since the majority always just want to make money quickly, which means you need to carefully choose one or another project to participate in.
Very interesting as it will help people to walk and be fit but reading information about this Sweatcoin how will this be sustainable in the long run in the market, the developers projected 100 million users, so there will be 100 million using this application we all know it's a rewarding project but who will be the buyer of this token and, we all know there is should be demand on the token for the project to be sustainable.
According to the details they are going to set up a marketplace but I doubt if this will encourage demands they have to do better than a marketplace, imagine they are targetting 100 million users, and is it worth using the app if you want to make money out of it, let's see how this project goes in the long run.
There are so many apps now available in the market where people are getting paid for walking, running, swimming etc. Have you ever thoughtwhat is their source of income? It's your data. To make such apps work, you need to provide them access to your location data which they sell to the advertisers. It's all data monetization game!
If you are serious about your privacy, you would rather not install these apps ever.
kevin_gangMember
Posts: 1 · Reputation: 128
#14Jan 17, 2017, 01:15 AM
For certain countries, identity is not very functional for them to protect, nowadays the development of the times has made work easy to do anywhere, but if we still think identity is a matter of privacy, then we cannot carry out the function of today's developments, so think about it. how to secure identity, not allergies to granting access to our location data, because nowadays we are required to follow this pattern at work
I am just going to focus on making money on any fitness tokens that comes after GMT, none of them are going to be like the original and they are all going to end in the same way 👉 failure, not a good utility to advice you guys on, but if you must going any fitness project make sure you make some money and exit the project ASAP.
greg.ravenMember
Posts: 24 · Reputation: 143
#16Jan 18, 2017, 03:50 PM
Great another dumb coin fad
And let's not call them developers. All they do is copy paste, take people's bitcoin and move on to the next thing. Why do people continually fall for this stupid crap anyway lol. Greed is a powerful drug.
diamond_2020Legendary
Posts: 1256 · Reputation: 6502
#17Jan 19, 2017, 06:12 PM
I will add 1 more project
https://www.walkwithstep.io/
https://www.coingecko.com/en/coins/step
GMT (Step'N) has a lot of feedback and Step App (FITFI) hasn't launched yet.
Smart people make more money reselling NFT sneakers than fitness.
humblebossFull Member
Posts: 74 · Reputation: 253
#18Jan 19, 2017, 08:19 PM
All this time I thought FITFI is a secondary token of StepN due to there similarities. New project with same idea is actually not surprising because the demand due to hype on this kind of move2earn mechanism is very high.
I'm this hype will be over just like what happened to Axie and other NFT games. Just make sure to ride the hype cleverly so that you can get benefits on it.
diamond_2020Legendary
Posts: 1256 · Reputation: 6502
#19Jan 20, 2017, 01:50 AM
This is where the laws of mathematics come into play. As long as new users come to these projects, their money is paid out as a reward for walking or running to earlier users. Those who entered the very first and are not greedy will earn money, while the latter will lose their money and some extra calories
oracle2015Member
Posts: 1 · Reputation: 99
#20Jan 20, 2017, 02:42 AM
I am also surprised by the current development of crypto. Many new coins are popping up by developing very diverse ideas.
but after the hype the coin suddenly disappears and will be replaced by other hype coins.
It's a little difficult to find a consistent crypto project that can really build the coin big and the price can continue to rise
thus providing benefits for those who invest there.
let's developers develop a good project and consistently develop it until it becomes big. have stopped looking for a momentary profit that only relies on hype
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