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How much are your steps really worth in the metaverse?

Early adopters of play-to-earn games could stand to make money as more players sign up, but it is unclear if all players continue to benefit when the growth of the game cools.

Yong Jun Yuan

Yong Jun Yuan

Published Sun, Jun 5, 2022 · 04:00 PM — Updated Thu, Dec 1, 2022 · 02:58 PM
    • STEPN is a game built around non-fungible token (NFT) sneakers minted by other users, which you need to purchase to "run" in order to earn Green Satoshi Tokens (GSTs), the in-game currency.
    • STEPN is a game built around non-fungible token (NFT) sneakers minted by other users, which you need to purchase to "run" in order to earn Green Satoshi Tokens (GSTs), the in-game currency. PHOTO: STEPN.COM

    WE have known for some time that our steps have value. Because of the health benefits of walking and clocking additional steps, insurance providers and the government have offered monetary incentives for us to exercise.

    In the case of the National Steps Challenge, the Health Promotion Board’s (HPB) campaign to get Singaporeans moving, 10,000 steps earns you 40 points, while exercise that raises your heart rate past a threshold earns you another 40 points. Based on an “exchange rate” of 150 points for S$1, this roughly translates to S$0.00002667 per step and S$0.008889 per minute of exercise.

    What if I told you that there is another app that could allow you to earn between US$25 and US$4,500 per day walking between 10 and 100 minutes per day?

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