🔸Financing Information💰
On October 25, 2024, the crypto fitness app Moonwalk announced that it had completed US$3.4 million in financing. This round of financing was led by Hack VC, with participation from Binance Labs, Reciprocal Ventures and Solana co-founder Raj Gokal.
🔸The core gameplay can be summarized in one sentence: pay a deposit to participate in the step count challenge. Those who complete the goal will share the deposit of those who fail to meet the standard, and can also earn points at the same time.
🔸Specific gameplay🗺️
1️⃣You need to have a step counting app on your phone, such as Apple Health/Google Fit/Fitbit, and download their official Moonboots APP, connect your wallet and recharge tokens. Currently, only SOL, USDC, and BONK are supported.
2️⃣Join a team or create your own team (you need to set the amount of tokens as a deposit, task duration, and step count target. I haven’t found the entrance to create a team yet)
3️⃣ Complete daily goals: If you complete the goal for the day or keep pace with the leader of the team (meaning that no one has completed the goal, but your number of steps is the same as the first place), you can keep the deposit; part of the deposit of those who have not completed the goal on the day will be distributed to those who have achieved the goal
4️⃣After the challenge is over, receive the reward: After a period of challenge, those who have completed the goal can get back all the deposits, and those who have not reached the target will have part of the deposits distributed to the winners
🔸How are game bonuses distributed? 💰
1️⃣If someone signs up but does not participate on a certain day, the total deposit deducted in all such cases will be distributed among the winners in the end.
2️⃣Unless it is a tie, the final winner will not only be able to get back the entire deposit, but will also be able to earn some extra bonuses. The final bonus will be distributed proportionally based on the number of daily targets achieved by each team member.
3️⃣ Even if you are not the final winner, as long as you complete the daily goals, you will receive points as a reward.
🔸Team Background👥
Team Twitter accounts: @swolsol @TheOnlyNom @Forculus @MarbiusC @DeadCaitBounce @Cleric_88 @oskyment @KvFtch
After some research on Discord and Twitter, I found that the project should have been officially launched in February this year and the beta version of the APP was launched. Not much other information can be found in a short period of time, but it is worth noting that:
Co-Founder @TheOnlyNom is also the founder of @bonk_inu,
This also explains why this project interacts frequently with BONK and supports payment in $BONK.
🔸Advantages and challenges of the project🏁
1️⃣ For those who really want to exercise, the incentive effect is strong: on the one hand, there is the bonus incentive for completing the task, and on the other hand, there is the push from teammates, which will provide participants with additional motivation to complete daily fitness goals and maintain healthy living habits. The game can adapt to different time zones. The start and end time of each user's day is at 0 o'clock in their respective time zone, which is very flexible.
2️⃣It has a social network effect, which can form multiple dissemination and fission: the team model naturally promotes the acquisition of new users. Old users will actively invite reliable friends to join, forming an atmosphere of mutual supervision and encouragement within the group, which can bring spontaneous secondary dissemination and fission growth.
3️⃣ It is conducive to the construction of some communities: I believe that in addition to $BONK, more tokens may be added as deposits in the future. In addition to empowering the tokens, daily check-in interactions can also increase community activity and cohesion for the communities behind the tokens.
4️⃣Since the game is based on the number of steps, compared to @Stepnofficial, there will be no compliance issues similar to high-precision maps, but more efforts must be made to prevent witch attacks, otherwise it will be terrible if the step shaker is turned on...
🏃The invitation link is at the end, let’s get moving! ⬇️
https://app.moonwalk.fit/?referral=4xf5ts6w
Moonwalk official Twitter: https://x.com/moonwalkfitness
Original Twitter introduction: https://x.com/0xLaughing/status/1849515788010651731
