SuperWalk WALKPrice

(WALK)

SuperWalk is a blockchain-based Move-To-Earn (M2E) platform that rewards users for engaging in physical activities like walking and running. Users earn points, which then translate into daily $WALK token rewards. The amount of rewards is determined by several factors including GPS accuracy, speed, exercise time, the type and performance characteristics of their Shoe NFTs, and the remaining durability of these NFTs. This system ensures that active participation directly translates into tangible crypto rewards within the application.

The $WALK token serves as SuperWalk's primary utility token, essential for various in-app functions that enhance user experience and NFT management. It is actively utilized for crucial activities such as repairing existing NFT shoes to maintain their performance, synthesizing new or upgraded NFT shoes, and leveling up their NFTs to improve earning potential. Additionally, $WALK is used for purchasing various items within the SuperWalk application, making it central to the platform's internal economy and user progression.

SuperWalk addresses potential inflation by implementing a robust management strategy, despite $WALK not having a fixed supply. The project imposes a daily total issue limit, known as a Supply Cap, to control the amount of new tokens entering circulation daily. This mechanism, combined with a point-based reward system and a dynamic emission mechanism, is specifically designed to mitigate hyperinflationary issues that have affected other X2E or P2E models. The goal is to maintain a sustainable and balanced token economy.

SuperWalk employs a dual-token economic model to structure its ecosystem. This model features two distinct tokens: $WALK and $GRND. While the provided information primarily details the utility of $WALK as the main utility token for in-app functions, the existence of $GRND suggests a carefully designed economic system that likely separates various aspects of value, governance, or rewards within the platform to ensure stability and growth.

Users primarily acquire $WALK tokens by actively participating in the SuperWalk application's core function: walking or running. By performing these physical activities, users earn rewards directly in $WALK tokens, based on their performance and NFT attributes. Additionally, for users who prefer alternative acquisition methods or wish to engage in trading, $WALK tokens can also be obtained through trading on various decentralized exchanges, providing flexibility in how users interact with the token's market.

SuperWalk is developed and operated by Proground, a dedicated sports tech startup. The team behind Proground brings relevant experience to the project, having previously operated a community-based running application. This background suggests a strong understanding of both sports technology and community engagement, which are crucial elements for developing and sustaining a successful Move-To-Earn service like SuperWalk. Their prior experience in the sports tech sector underpins their capability to execute the project's vision.