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Binance Labs Makes Bold Investment Moonwalk Fitness for Health & Rewards

source-logo  cryptonewsz.com 24 October 2024 23:02, UTC

Binance Labs has announced a significant investment in Moonwalk Fitness, an innovative fitness incentive app designed to promote healthy lifestyle through gamification and financial rewards. Built on Solana blockchain, this app aims to motivate users by allowing them to earn cryptocurrency for reaching their daily step goals.

Binance Labs announced an investment in Moonwalk Fitness, a fitness incentive app based on the Solana that aims to promote a healthy lifestyle through gamification and financial rewards. Users complete their daily step goals by staking USDC, SOL, or BONK. https://t.co/j55IhE72Pf

— Wu Blockchain (@WuBlockchain) October 24, 2024

Snippet of the official announcement on X (Source: X Post)

Moonwalk and Binance’s Gamified Fitness App

Users of Moonwalk Fitness can stake popular cryptocurrencies such as USDC, SOL or BONK while tracking their physical activity. The app seamlessly integrates with widely used fitness trackers, including Apple Health and Fitbit, making it easy for users to monitor their progress. By transforming exercise into rewarding experience, Moonwalk Fitness encourages individuals to stay active while engaging with the world of cryptocurrency.

Caitlin Cook, head of growth at Moonwalk Fitness, described the app as ” gamified accountability,” emphasizing its potential to create a supportive community around fitness goals. The investment from Binance Labs, along with contributions from Hack VC and Reciprocal Ventures, indicates a growing trend of merging fitness with blockchain technology.

As Moonwalk Fitness prepares for its broader launch, it plans to expand its features beyond simple step tracking. Future updates will include support for various fitness activities and enhanced user engagement tools.

By focusing on mainstream consumers and simplifying crypto interactions, Moonwalk Fitness aims to make health and wellness accessible while integrating the benefits of blockchain technology into everyday life.

cryptonewsz.com