The Current State Of SuperWalk
Discover SuperWalk, a blockchain reward-based Move-and-Earn app that motivates users to walk, jog, or run. Explore the project's GameFi and SocialFi elements, tokenomics, and recent advancements.
Introduction
The more you move, the more you earn. Built on the Klaytn blockchain, SuperWalk is a Web3 NFT Move-to-Earn (M2E) game that rewards players for simply walking. Initially launched as “Coin Walk” in April of last year, the project SuperWalk has undergone multiple developments and partnerships that have attracted thousands of new users to the app–and consequently bridged the pathway for Web3 to a wider audience. Since then, the game has piqued the interest of investors, Web3 advocates, and health enthusiasts alike.
Despite a challenging year for the entire crypto finance space, SuperWalk has achieved noteworthy advancements that attracted newcomers and, in turn, fostered stability in its coin. The following article will provide an overview of the SuperWalk project, spanning from its GameFi, SocialFi aspects and tokenomics to a comprehensive analysis of their latest developments.
What is SuperWalk?
Developed by combining Web3 and token economy expertise with advocating for an active lifestyle at the core, SuperWalk is a blockchain reward-based Move-to-Earn app that provides users with tokens, simply by walking, jogging, or running, all the while integrating the unique utility of NFTs and DeFi.
While there are other M2E services, like StepN, SuperWalk has recently gained growing popularity – notably among users located in Asia – and is in accordance with its ongoing developments.
Ever since its release, this GameFi project has gained support from renowned venture capital firms, such as Krust Universe, GBV Capital, and SkyVision Capital, alongside other partnerships.
The rewards come in SuperWalk’s native cryptocurrencies – Walk Token (WALK) and SuperWalk (GRND) – together with other prizes, i.e. e-Coupons.
Players have the opportunity to acquire varied rewards at varying rates based on a range of in-game factors. These factors include the specific play mode chosen, the type of shoe worn, individual performance statistics, and the completion of specific challenges. These features will be further elaborated in the upcoming section.
In-Game Components
Play Mode
SuperWalk offers two different types of play modes, Basic and Pro Mode, with each one offering different rewards. Note that the latter is only accessible to those who own a pair of Shoes NFT.
Basic Mode
This mode allows users to experience what SuperWalk is like before fully immersing themselves into the app. Similar to the Pro Mode, this mode requires users to walk or run in order to accumulate points. As SuperWalk progresses, users of the Basic Mode can anticipate different ways of accumulating points, including exploring missions, quizzes, challenges, and raffles.
Points earned in this mode however can only be redeemed for e-Coupons and certain food & beverages and not for WALK or GRND tokens. Not to mention, the maximum number of points earned in a day is 200, where one point is worth one Korean Won, and must be claimed at the end of the day.
Points not claimed at the end of the day will be expired, set to zero, and consequently wasted.
Pro Mode
Only available for Shoes NFT holders, this mode gives users access to obtain WALK and GRND tokens on top of the rewards accessible for users in the Basic Mode. Tokens are granted on rating, level, attributes, and items of the user’s shoes, as determined by SuperWalk’s reward calculation algorithm.
GameFi Elements
As with standard roleplaying games, where individuals seek to improve their inventory, in SuperWalk, users may seek to upgrade their shoes by trying to maximize each of the four types of Shoes NFT stats: Performance, Resilience, Comfort, and Luck.
These upgrades along with a Shoes’ type, level, and durability then can be used to help players earn more points.
In order to cater for all sorts of fitness activities from casual walking to running, SuperWalk strives to establish tailored exercise objectives that align with individuals' unique physical requirements and fitness levels.
This prompts the SuperWalk team to assist players in achieving greater consistency in their running endeavors, all the while minimizing fatigue. And that’s where the type and durability level of a Shoe comes into play.
Furthermore, players have the option to engage in friendly competition with each other by utilizing the Leaderboard feature, which enables them to earn even better rewards.
SocialFi Elements
Creating a sense of community for players involves fostering an environment where players can connect, interact, and collaborate with one another, forming an enjoyable experience. Through features such as the Crash Challenge, the Raffle System, and the Item Market, SuperWalk strives to cultivate a vibrant community that fosters exercise habits, competition, and support among players.
As SuperWalk develops, exciting new features, like Ranking Match and Crew, will be introduced to the game to elevate the gaming experience. And so, if you love friendly competition or always wanted to be part of a health-driven community, then stick around, there is much more to come!
What’s New in the Ecosystem?
Introduction of SocialFi Element: Item Market in SuperWalk
At the start of the year, SuperWalk released the in-game feature Item Market which facilitates in-game transactions for Shoe NFTs, essentially being a peer to peer item trading market. As it turns out, this feature was a resounding success.
Ever since its introduction, the in-game marketplace has emerged triumphant as the preferred venue for SuperWalk NFT traders. Our analysis reveals that the Item Market quickly positioned itself as the primary conduit for NFT exchanges within the thriving SuperWalk ecosystem. In stark contrast, a diminishing number of users have chosen alternative platforms such as OpenSea or PalaKlay.
Global Outreach and Expansion
Even though South Korea is the hub for SuperWalk, the game has been steadily gaining popularity globally, especially in Japan, followed by a number of countries in Asia. With Japan being regionally close to South Korea, it is not a surprise for the SuperWalk team to choose the “Land of the Rising Sun”' as the next destination in their global conquest.
The SuperWalk’s presence in Japan could be observed via a number of footprints. They:
hosted the “Cherry Blossom” Spring Event
established a strong Japanese SuperWalk community
launched give-away events that tailored the Japanese audience
partnered with the Japanese NFT community “Very Long Animals.”
Increased Discord Activity
The geographic expansion of SuperWalk leaves an indelible mark on the robustness and vitality of its Discord server, as evidenced by the heightened levels of activity witnessed within country-specific channels. These channels encapsulate distinct sub-communities that thrive within the broader SuperWalk ecosystem. Consequently, the escalating activity within Discord not only reflects a surge in engagement but also signifies a growing interest upon the project.
Among the global communities fostered within the realms of Discord, it is worth noting that Japan and the Philippines have emerged as the epicenters of user engagement. This is another testament to the successful effort of SuperWalk to diversify their player base across different regions.
That concludes our update on the SuperWalk ecosystem. In the next part, we will delve deeper into the project's performance, providing you with data-driven insights on their user base, NFT demands, and native tokens.