Liquid Stake with compassSOL for an 8.82% APY from staking, MEV + fees

Enjoy the freedom of liquid staking in Solana Defi while delegating your stake to the high performance Solana Compass validator. Stake or unstake at any time here, or with a Jupiter swap.

Benefit from our high staking returns and over 2 years experience operating a Solana validator, and receive additional yield from priority fees + MEV tips

Earn 7.1% APY staking with Solana Compass

Help decentralize and secure the Solana network delegating your stake to us and earn an impressive 7.1% APY yield on your SOL, while supporting us to create new guides and tools. Learn more

Stake your SOL

  1. Click to connect your wallet
  2. Enter the amount you wish to stake
  3. Kick back and enjoy your returns
  4. Unstake from your wallet or our staking dashboard

Earn 7.1% APY staking with Solana Compass

Help decentralize and secure the Solana network delegating your stake to us and earn an impressive 7.1% APY yield on your SOL, while supporting us to create new guides and tools.

Learn more

From Fat to Fit with Moonwalk and Midcurve | ep. 24

By Midcurve

Published on 2024-11-13

Discover how Moonwalk Fitness is gamifying health on Solana, offering crypto rewards for fitness goals and expanding to mainstream users with new mobile apps.

The notes below are AI generated and may not be 100% accurate. Watch the video to be sure!

Moonwalk Fitness: Revolutionizing Health Incentives on Solana

In a recent episode of the Midcurve podcast, host Justin sat down with Caitlin Cook from Moonwalk Fitness to discuss the exciting developments in the intersection of fitness and blockchain technology. The conversation revolved around Moonwalk's innovative approach to incentivizing health and wellness through crypto rewards on the Solana blockchain.

The 30 Days of Grind Challenge

The podcast kicked off with an announcement of the "30 Days of Grind" challenge, a collaboration between Midcurve and Moonwalk Fitness. This challenge exemplifies how crypto can be used to motivate people towards healthier lifestyles. Participants can join the challenge by staking 0.25 SOL and committing to walk at least 5,000 steps daily for 30 consecutive days.

The incentive structure is clever – those who meet their daily step goals keep their staked SOL, while those who fail to meet the target forfeit their stake. The forfeited SOL is then distributed among the successful participants, creating a positive reinforcement loop for maintaining a consistent fitness routine.

Adding an extra layer of motivation, the challenge includes a bonus prize pool of 200 JTO tokens, which will be split among those who successfully complete the 30-day challenge. This additional reward showcases the potential for cross-protocol collaborations within the Solana ecosystem, as JTO is the native token of Jito, another prominent Solana project.

Moonwalk's Vision for Mainstream Adoption

Caitlin shared exciting news about Moonwalk's upcoming developments, particularly their push towards mainstream adoption. While the current version of Moonwalk operates through a web browser and caters primarily to crypto-native users, the team is on the brink of launching iOS and Android apps that will significantly lower the barrier to entry for non-crypto users.

The new mobile apps are designed with simplicity in mind, allowing users to sign up using familiar methods such as phone numbers, email addresses, or Apple ID. This user-friendly approach is crucial for attracting a wider audience who may be intimidated by the complexities of cryptocurrency wallets and blockchain technology.

Perhaps the most significant advancement is the introduction of fiat payment options. Users will soon be able to participate in Moonwalk's fitness challenges using traditional payment methods like credit cards, bank accounts, and Apple Pay. This feature eliminates the need for users to own or understand cryptocurrency, making the platform accessible to anyone with a smartphone and a desire to improve their fitness.

The Technology Behind Moonwalk

Moonwalk's platform leverages the Solana blockchain to create a transparent and efficient system for tracking fitness activities and distributing rewards. The use of blockchain technology ensures that all transactions and achievements are recorded immutably, providing users with a trustless environment for their fitness journey.

The platform currently focuses on step counting as its primary metric, but Caitlin revealed plans to expand into other forms of exercise tracking. Future updates may include support for cycling, running, and even more niche activities like snowboarding or underwater hockey, as jokingly suggested during the podcast.

Community Building and Global Expansion

A significant portion of the conversation centered around Moonwalk's strategy for community building and global expansion. Caitlin emphasized the importance of creating meaningful in-person experiences to complement the digital nature of the app. The company has launched a global ambassador program, with 20-25 ambassadors already onboard, to help organize local events and spread the Moonwalk ethos worldwide.

These ambassadors are passionate users of the platform who align with Moonwalk's vision of promoting healthier lifestyles. They are empowered to create local communities and organize events in their respective regions, from Nigeria to Thailand, and even at high-profile gatherings like Art Basel in Miami.

The goal is to transform Moonwalk from a mere app into a global movement, or as Caitlin humorously put it, a "fitness cult." This grassroots approach to community building is expected to create a network effect, organically growing the user base through shared experiences and word-of-mouth recommendations.

The Founder's Perspective on Health and Success

An interesting tangent in the discussion touched on the correlation between founder fitness and startup success. Caitlin shared her belief that a founder's commitment to personal health is a strong indicator of their discipline and ability to manage a company effectively. This perspective aligns with a growing trend in the tech industry that values holistic well-being as a crucial factor in entrepreneurial success.

Moonwalk's Unique Leaderboard System

To further gamify the fitness experience, Moonwalk has implemented a leaderboard system that ranks users based on their activity and engagement with the platform. Unlike traditional points systems that can be easily gamed, Moonwalk's experience points (XP) are earned through genuine participation in challenges and consistent use of the app.

The leaderboard serves multiple purposes: it motivates users to stay active, creates a sense of community competition, and may potentially lead to future rewards for top performers. While the specifics of these future rewards remain undisclosed, the implication is that early adopters and consistent users are positioning themselves favorably for whatever benefits may come.

The Future of Fitness in Web3

As the conversation wrapped up, it became clear that Moonwalk represents a new paradigm in the fitness industry – one that combines the motivational aspects of financial incentives with the community-building power of social networks, all underpinned by the transparency and efficiency of blockchain technology.

The upcoming launch of user-friendly mobile apps and fiat payment options marks a significant milestone in Moonwalk's journey towards mainstream adoption. By removing the technical barriers associated with cryptocurrency, Moonwalk is poised to introduce a much wider audience to the benefits of blockchain technology through the universally appealing lens of health and fitness.

Implications for the Solana Ecosystem

The success of projects like Moonwalk has broader implications for the Solana ecosystem. By demonstrating practical, user-friendly applications of blockchain technology, Moonwalk is helping to drive adoption and showcase the real-world utility of Solana's high-speed, low-cost network.

Furthermore, collaborations like the one between Moonwalk, Midcurve, and Jito highlight the interconnected nature of the Solana ecosystem. These partnerships create a network effect that can potentially accelerate growth across the entire platform.

Conclusion: A Step Towards a Healthier, More Decentralized Future

As Moonwalk prepares to launch its mobile apps and expand its global presence, it stands as a shining example of how blockchain technology can be harnessed to create positive change in people's lives. By incentivizing healthy habits and fostering a global community of fitness enthusiasts, Moonwalk is not just building an app – it's cultivating a movement.

The fusion of fitness, finance, and technology that Moonwalk represents could very well be the blueprint for the next generation of health and wellness platforms. As more people are introduced to cryptocurrency through practical applications like Moonwalk, the path to widespread blockchain adoption becomes clearer.

For the Solana ecosystem, projects like Moonwalk serve as powerful ambassadors, demonstrating the network's capability to support innovative, user-centric applications that extend far beyond the realm of decentralized finance. As Moonwalk continues to grow and evolve, it may very well play a pivotal role in bringing the benefits of blockchain technology to the masses, one step at a time.

Facts + Figures

  • Moonwalk Fitness is launching a "30 Days of Grind" challenge where participants stake 0.25 SOL and must walk 5,000 steps daily for 30 days.
  • The challenge includes a bonus prize pool of 200 JTO tokens to be split among successful participants.
  • Moonwalk is preparing to launch iOS and Android apps in the coming weeks.
  • The new apps will allow sign-ups via phone number, email, or Apple ID, making it more accessible to non-crypto users.
  • Fiat payment options including credit cards, bank accounts, and Apple Pay will be introduced for challenge entries.
  • Moonwalk has launched a global ambassador program with 20-25 ambassadors already on board.
  • The platform plans to expand beyond step counting to include other activities like cycling and running in the future.
  • Moonwalk's leaderboard system uses experience points (XP) earned through genuine participation in challenges.
  • The company is organizing events in various countries including Nigeria, Ghana, Venezuela, Thailand, and the US.
  • Moonwalk's strategy focuses on creating in-person experiences to complement the digital app.
  • The platform aims to onboard both individuals looking to start a healthier lifestyle and already active fitness enthusiasts.
  • Moonwalk's user base has grown to include thousands of people on their leaderboard.

Questions Answered

What is the "30 Days of Grind" challenge?

The "30 Days of Grind" challenge is a fitness initiative by Moonwalk and Midcurve where participants stake 0.25 SOL and commit to walking 5,000 steps daily for 30 consecutive days. If participants meet their daily goals, they keep their staked SOL. Those who fail forfeit their stake, which is then distributed among successful participants. Additionally, there's a bonus prize pool of 200 JTO tokens to be shared among those who complete the challenge.

How is Moonwalk making its platform more accessible to non-crypto users?

Moonwalk is launching iOS and Android apps that will allow users to sign up using familiar methods such as phone numbers, email addresses, or Apple ID. This simplifies the onboarding process for those unfamiliar with cryptocurrency wallets. Furthermore, the platform is introducing fiat payment options, including credit cards, bank accounts, and Apple Pay, enabling users to participate in fitness challenges without needing to own or understand cryptocurrency.

What activities does Moonwalk currently track, and are there plans to expand?

Currently, Moonwalk primarily focuses on tracking steps as its main fitness metric. However, the company has plans to expand its tracking capabilities to include a wider range of activities. Future updates may incorporate support for cycling, running, and potentially even more specialized activities like snowboarding or other sports. The goal is to create a comprehensive fitness tracking platform that caters to various forms of exercise and physical activities.

How is Moonwalk building its global community?

Moonwalk is building its global community through a multi-faceted approach. They've launched a global ambassador program with 20-25 ambassadors who organize local events and promote the platform in their regions. These events range from group hikes to fitness meetups. The company is also focusing on creating meaningful in-person experiences to complement the digital app, with events planned in various countries including Nigeria, Ghana, Venezuela, Thailand, and the US. This grassroots strategy aims to create a network effect, organically growing the user base through shared experiences and word-of-mouth recommendations.

What is unique about Moonwalk's leaderboard system?

Moonwalk's leaderboard system uses experience points (XP) that are earned through genuine participation in challenges and consistent use of the app. Unlike traditional points systems that can be easily manipulated, Moonwalk's XP is tied to actual activity and engagement with the platform. Users earn points by signing up for games, meeting their stated goals consistently, and being regular users of the platform. Even referrals only count if the referred person joins games. This system ensures that the leaderboard reflects real commitment to fitness goals rather than easily farmable activities.

How does Moonwalk plan to incentivize long-term user engagement?

Moonwalk incentivizes long-term user engagement through several mechanisms. The leaderboard system encourages consistent participation by rewarding users with experience points for meeting their goals and regularly using the platform. The company also hints at potential future rewards for top performers on the leaderboard, creating an additional incentive for early adopters and active users. By combining financial incentives (through staking and potential rewards) with community building and gamification, Moonwalk aims to create a sticky platform that keeps users engaged over the long term.

What role does blockchain technology play in Moonwalk's platform?

Blockchain technology, specifically the Solana blockchain, is fundamental to Moonwalk's platform. It provides a transparent and efficient system for tracking fitness activities and distributing rewards. The use of blockchain ensures that all transactions and achievements are recorded immutably, creating a trustless environment for users. This technology also enables the platform to offer crypto rewards and implement staking mechanisms for challenges. By leveraging blockchain, Moonwalk can create innovative incentive structures and provide users with verifiable proof of their fitness accomplishments.

How does Moonwalk plan to bridge the gap between crypto-native and mainstream users?

Moonwalk is bridging the gap between crypto-native and mainstream users through several strategies. The upcoming mobile apps are designed to be user-friendly and familiar to anyone who uses smartphone apps regularly. By allowing sign-ups with common methods like email and phone numbers, they remove the initial barrier of needing a crypto wallet. The introduction of fiat payment options further lowers the entry barrier, allowing users to participate without owning cryptocurrency. At the same time, the platform maintains its blockchain backend, potentially introducing mainstream users to the benefits of crypto through their fitness journey.

Related Content

Walk to Earn with Moonwalk and Midcurve | ep. 24

Discover how Moonwalk Fitness is transforming the fitness industry with blockchain technology, offering innovative 'walk-to-earn' incentives and building a global community on Solana.

Making Fitness Accountable Using Crypto | Marbius (Moonwalk Fitness)

Discover how Moonwalk Fitness is leveraging Solana blockchain to create innovative fitness accountability games, merging crypto with health goals.

Wtf is StakeNet with Architect Evan | ep. 18

Discover how Jito's StakeNet is transforming Liquid Staking Tokens on Solana, enhancing decentralization and transparency in validator selection and stake delegation.

How Ore Broke Solana | Hardhat Chad

Discover how Ore, a groundbreaking proof-of-work token on Solana, aims to solve fair launch problems and revolutionize token distribution in crypto.

Unlocking DeFi With Infinex | Kain Warwick

Discover how Infinex is transforming DeFi with improved UX, cross-chain integration, and innovative token distribution models on Solana and beyond.

The Cove Podcast: Building a Flexible AMM with Root Protocol

Discover how Root Protocol is combining AMMs and order books to create a flexible, efficient DEX on Solana with improved price discovery and liquidity provision.

Sports Betting Built On Solana | Nigel Eccles & Varun Sudhakar

Discover how BetDEX is transforming sports betting with blockchain technology, offering competitive odds and solving key industry issues on Solana.

The Future of Liquid Staking on Solana | FP Lee

Discover how Sanctum is transforming liquid staking on Solana, creating an infinite LST future with enhanced liquidity and user-friendly solutions.

Breakpoint 2023: Web3 Music

A panel discussion on the future and current state of Web3 music with industry pioneers and an independent artist.

Jupiter: The Aggregator Fueling Solana's GDP | Meow

Discover how Jupiter Exchange is transforming Solana's ecosystem, onboarding millions of users, and driving the future of decentralized finance.

Web3 Domains on Solana with AllDomains - Solfate Podcast #52

Discover how AllDomains is transforming the domain landscape on Solana, offering innovative solutions like tokenized web2 domains and emoji domains.

How to Instantly Unstake + Withdraw SOL from Solana Staking

Learn how to unstake SOL from Solana staking and withdraw your SOL from Solana staking.

Breakpoint 2023: Web3 Security and Best Practices

An in-depth look at securing the Web3 environment with industry best practices and tools.

Can Seeker Unlock Solana's True Potential? | Ian Unsworth

Discover how Solana's new Seeker phone could revolutionize mobile crypto adoption and unlock new potential for blockchain gaming and DeFi

Building Binance On-Chain | Cindy Leow & Chris Heaney, Drift Protocol

Discover how Drift Protocol is building the future of decentralized perpetual futures trading on Solana, aiming to rival centralized exchanges like Binance.