These Apps Pay You in Crypto for Working Out

Some of us look at a treadmill, sigh dramatically, and declare: “You couldn’t pay me to go to the gym.” Others, however, can be bribed into working out with small amounts of obscure cryptocurrencies. Those in the latter crowd are the target audience for move-to-earn apps, which reward users with cryptocurrency, non-fungible tokens (NFTs, which are unique digital tokens), or points (like the kind you earn with a credit card) in exchange for working out. On the app Sweatcoin, for example, users earn one cryptocurrency token—or Sweatcoin—for every 1,000 steps they take; these can be saved or redeemed for goods or services. Dozens of similar platforms exist, and the trend appears to be gaining traction: Olympic athlete Usain Bolt recently announced he’s partnering with soon-to-be-launched Step App, which will allow users to earn NFTs and cryptocurrency for physical activities like jogging or walking their dog. [time-brightcove not-tgx=”true”] The concept gives new meaning to gains at the gym. “It’s a really novel way of motivating people to move, and it’s always great to be rewarded for exercise,” says Kevin Harris, a personal trainer based in Redondo Beach, Calif., who’s experimented with move-to-earn apps like Sweatcoin. “A lot of people would exercise more if they didn’t think they were losing out on something else, like working hours or time for rest and relaxation.” Financial inc...
Source: TIME: Health - Category: Consumer Health News Authors: Tags: Uncategorized Exercise & Fitness healthscienceclimate Source Type: news