MyTopSportsbooks Journalist Investigates Profitability of Move-to-Earn Sneakers

[PRESS RELEASE- Barcelona, Spain 26 July 2022]

One journalist spent a month following his movements using a popular app called Move-to-Earn to answer the question, “Can you make money by walking with NFTs?” Ashton Miller, a journalist at MyTopSportsbooks spent a month in non-fungible sneakers. Virtual shoes are represented by the move-to-earn app STEPN and award cryptocurrency to their wearer for each step taken.

Miller’s investigative journalism involved Miller using the STEPN app each day for a month, and recording his progress as well as profitability. He discovered the M2E app’s secrets and mechanisms, which he used to keep his players interested.

To start earning cryptocurrency with STEPN users will need to make an initial investment. They then plan to walk or run back the money. After purchasing a NFT digital sneaker, the STEPN app allows users to earn their native tokens GST and GMT by exercising. The game’s mechanics make it difficult to recover this investment, including fluctuations in the price for the token that was used to purchase the sneaker.

Miller found another way that the game can make it hard to earn a return-on-investment. It encourages players spend the cryptocurrencies earned. Every time they wear their sneakers, users must fix them. You can also raise your sneakers to earn more cryptocurrency in the future.

The key finding of the MyTopSportsbooks journalist’s investigation was that STEPN changes and makes rules at will, without any accountability. App updates are common and can make it even harder to recover the initial investment. Miller discovered that bugs can often cost users cryptos. STEPN is not able to hold them responsible.

MyTopSportsbooks

MyTopSportsbooks offers extensive reviews of the top sports betting websites on the internet. The site’s detailed reviews and ratings are written by experienced journalists who help you choose the best gambling sites. The MyTopSportsbooks team is an experienced sports betting team with over 50 years of experience. They have placed bets at nearly every online sportsbook.

Learn more: https://www.mytopsportsbooks.com/

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Marla Brooks

Marla Brooks – Financial Analysis My name is Marla Brooks, and I am the mainstream behind the”observednews.com”  for the powerful and most delicate insights into the latest activities in the financial analysis category. I started my journey as an independent financial consultant. I had approximately nine years of experience in this field. I am free soul so; my passion for exploring the world has taken me to the nations across the globe and given me the chance to report for a portion of the best news associations. Currently, I am a full-time editor as experienced in finance and started to use my abilities.

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