Insights from a new research reportedly suggested that more than 80% of participants would find the motivation to work out more should they are incentivized via crypto for their efforts. 

Specifically, the survey, carried out by fitness website FitRated, reportedly involved 1,001 people in America to share their perspectives regarding blockchain-associated fitness technology.

The survey reportedly showed that a significant 40% of participants shared a willingness to cancel their current physical gym membership to register one in the Metaverse. 

81% of respondents believed to have extra motivation to put efforts in physical exercises should they were receive incentives in the form of cryptocurrency.

Previously, a study carried out by the ​​National Bureau of Economic Research reportedly arrived at the conclusion that only physical money would not be a sufficient source of motivation to push individuals to the gyms. 

Nonetheless, according to FitRated’s research, however, blockchain-based financial incentives might be the solution to the matter,  with 63% of respondents giving a nod of agreement for the argument of fitness motivation being a “primary benefit” of blockchain. 

A few move-to-earn initiatives are putting in efforts to gain profit from this.

Regarding the particular cryptocurrency coins people are looking to be paid in, Bitcoin (BTC) overwhelmingly took the first spot, with 72% of respondents opting for it. Ether (ETH) followed by a wide margin of 35.5%, trailed right after by Dogecoin (DOGE) at 34.6%.

Blockchain-powered fitness apps are witnessing an inclining trend at the moment. A Web3 move-to-earn application dubbed STEPN – which carries out the gamification of the experience of running via offering users the ability to mint unique nonfungible tokens (NFT) shoes – has been a pioneer in the blockchain fitness space.