According to one of the crypto surveys, blockchain technology can be a excersice and fitness motivator than traditional monetary incentives.
According to the new survey found that over 80% of people would be motivated to do more physical exercise. Only if they were in the mode of the cryptocurrency.
The survey is by the fitness website FitRated, and it basically surveyed 1,001 Americans for their thoughts on blockchain-related fitness and excersice related technology
The survey found that a staggering 40% of people would be willing to cancel their current physical gym membership. They are willing to go for one in the Metaverse, and 81% of respondents. They would be more motivated to stay fit if cryptocurrency payments incentivized them.
Previously, a study conducted concluded that money alone would not be enough to motivate people to go to the gym. However, according to FitRated’s research, blockchain-based financial incentives might just do the trick, with 63% of people agreeing that fitness motivation was a “primary benefit” of blockchain technology. Several move-to-earn projects are trying to capitalize on this.
How the Concept of Gamification can Enhance the Habit of Exercise?
The concept of “gamification” was the primary reason why people may prefer blockchain-based financial incentives to standard monetary ones/ Further, 83% of respondents said that they liked the fact that blockchain-based fitness applications gamified physical activity or excersice
When asked what types of fitness and excersice they would undertake to earn crypto, 49.1% of respondents said that walking would be the activity of choice. Cycling was at 47.2%, and swimming came in third at 41.4%.
Bitcoin (BTC) was overwhelmingly the preferred choice, with 72% of respondents opting for BTC. Ethereum (ETH) was a distant second at 35.5%, followed closely by Dogecoin (DOGE) at 34.6%.
Blockchain-based fitness apps are currently on the rise. A Web3 move-to-earn application called STEPN. This app gamifies the running experience by providing users the ability to mint unique NFT shoes. It has been a pioneer in the blockchain fitness space.
While STEPN may be one of the more well-established Web3 applications in the fitness and excersice world, it certainly isn’t alone. Another move-to-earn app is Step App, which runs on the Avalanche blockchain. This app emerged as a competitor, signaling the push of Web3 companies looking to tap into the $100 billion fitness industry.
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