NFT Technologies this week announced this week its participation in the Move-to-Earn project Walken.
The Vancouver-based NFT startup will apply its crypto expertise to Walken, a move-to-earn mobile app that uses the movement detection capabilities of standard smartphones and wearable devices to capture the step counts of users, who are then rewarded with WLKN tokens for in-app game play and NFTs.
In a similar vein as Sweatcoin and STEPN, Walken is dedicated to linking gaming and crypto to a healthy and active lifestyle.
“This sector is growing extremely quickly,” said Wayne Lloyd, Executive Chairman of NFT Tech, who cites Niantic Labs’ Pokemon Go as a pioneering example. “We’re firm believers that this is a sector to further bring adoption to the crypto ecosystem.”
“Having a public company supporting us helps us stand out from the crowd,” said Alexei Kulevets, Co-Founder and CEO of Walken. “With NFT Tech’s crypto expertise, we see their involvement as something much bigger than a simple investment and expect to see further collaboration in the future.”
“NFTs have made rapid gains in popularity in a short amount of time, offering a unique way to invest in fields like gaming, music, artwork, and the metaverse,” Jos Schmitt, CEO of NEO, stated last month. “NFT Tech is at the forefront of this burgeoning industry.”
NFT Tech researches and invests in curated gaming and metaverse assets before they go mainstreamTech and intends to develop and sell state-of-the-art technologies within the NFT market.
“NFT Tech is proud to offer investors an opportunity that captures the fast moving and growing NFT ecosystem,” said Lloyd.