Do you know what M2E is?
M2E, called MOVE TO EARN, presented a new method of coin mining. The starting point was Step’n, and people hailed it as a jackpot in early 2022. Even athletes who do not invest in coins came across M2E and seemed to make a lot of money in the beginning.
About Step’n, the beginning of M2E
STEPN was initially not popular. However, with word-of-mouth, new arrivals continued to rise until the summer of 2022. This has provided investors with significant returns over several months.
Due to this phenomenon, new investors reinvested and could not turn it into cash. And big issues arose. First, new shoes poured into the minting factory. The Minting Factory produced unlimited new shoes by purchasing coins without walking or running. STEPN has brought great benefits to these minting factories. Second, it regulated China, where there are many minting factories. Sudden regulations led to the production of shoes on the market all at once. As a result, the price of shoes became shit.
STEPN, who walked downhill like this, had another ambush. That’s the executive team. The STEPN management team operated in a tone that ignored people’s opinions and made unwanted updates. These updates were only beneficial to early investors, and people’s churn increased. As a result, STEPN’s GST price has dropped hundreds of times.
What is the emergence and prospect of a new M2E?
The new M2Es that are currently receiving the most attention are SNKRZ, SUPERWALK, and TRACER. There are many other M2Es, but these three are currently the most popular.
First of all, SNKRZ is currently trading at the most expensive price. As the open beta has just started, we don’t know exactly yet, but it’s a good start.
Second, SUPERWALK is working hard to maintain the project for a long time with a reasonable amount of mining at a reasonable shoe price. The management team actively reflects the opinions of users and is reinvesting. This is a project I look forward to in the future.
Third, TRACER is an M2E that is still being tested. We are enticing investors with shoes with beautiful designs, and we are trying to create a new M2E by breaking away from the existing methods.
