In spite of the challenging market conditions, the cryptocurrency-based health and wellness app Walken is continuing to make headway in the space. The project’s rising popularity may be explained, at least in part, by its tokenomics and gameplay.
It’s been five months since the move-to-earn mobile app began its development’s public beta testing phase, and in that time, there has been a considerable increase in the size of the community.
The group first celebrated hitting a milestone of one million registered players in August of 2022; now, only a few months later, they are celebrating surpassing two million registered users, according to the information shared with Finbold on November 24.
Walken app tracks users’ step counts using the motion detectors in regular smartphones and wearable devices and then rewards them with WLKN tokens to spend in-app for games and non-fungible tokens (NFTs).
In particular, Walken aims to facilitate the promotion of a healthier lifestyle and believes this ought to be accessible to all individuals. That there are already over 2 million registered users could be a sign that people are curious about this new era of user agency and decentralized control.
Notably, Walken’s team assures it will continue to develop their work despite the choppy crypto market. For instance, users may look forward to Walken Earn, which will allow users of the app to stake WLKN tokens under either fixed or flexible terms, enabling a wider range of token applications and player empowerment.
Finally, in other parts of the ecosystem, the Walken Runner will be the first ultra-casual game to be released.