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Move-to-Earn Has a Ponzi-Economics Problem

Stepn is a cautionary tale for M2E startup founders like me. But I see a better model in Sweatcoin, which leveraged real-life utility to amass over 100 million users before going on-chain, writes Iomob CEO Boyd Cohen.

Updated Jun 14, 2024, 3:35 p.m. Published Mar 13, 2023, 3:28 p.m.
Test Your Strength amusement park game. (Getty Images)
Test Your Strength amusement park game. (Getty Images)