SuperWalk PriceGRND

What is SuperWalk (GRND)?

SuperWalk (GRND) is a prominent Move-to-Earn (M2E) cryptocurrency application that incentivizes physical activity by rewarding users with tokens for walking and running. It is a blockchain-based fitness application that merges health with cryptocurrency rewards, creating an engaging ecosystem for users to earn while they exercise.

Key Takeaways

SuperWalk is a leading Move-to-Earn (M2E) application that rewards users with GRND tokens for walking and running. The project operates on the KAIA (formerly Klaytn) blockchain. GRND tokens are used for in-app rewards, governance, staking, and purchasing NFT sneakers. Its unique value lies in gamifying fitness, fostering a community-driven economy, and leveraging the KAIA network. GRND trades on several venues, including Bithumb (GRND/KRW), Gate (GRND/USDT) and HashKey Global (GRND/USDT); check a reputable venue and store tokens in a wallet you control.

Key Specifications & Tokenomics

Distribution and vesting: 5% released at TGE, followed by a 12-month lock-up and 24-month vesting (per ICODrops, Jan 8, 2024).

Who Created SuperWalk (GRND)?

SuperWalk is developed and operated by Proground Inc., a sports-tech startup that previously ran the community running app Proground for nine months. The official site lists the team, including Tim Kim (CEO, Business Strategy) and Chloe Kwon (Product Design). Governance token holders participate in decision-making, but the DAO does not develop the product.

The team is listed on the official site, including Tim Kim (CEO, Business Strategy), Chloe Kwon (Product Design), Wayne Kim (Product Owner) and Harry Hwang (Back-End Development); the project grew out of Proground, a community running app the team operated for nine months. Operating entity: Proground Inc.

How Does SuperWalk (GRND) Work?

SuperWalk operates on a simple yet effective premise: connect the app, start moving, and earn rewards. SuperWalk offers two modes — Basic mode, a reward-type pedometer service that requires no NFT and grants points for steps, and Pro mode, the blockchain reward service where users walk with NFT shoes to earn GRND. These digital sneakers have varying attributes like efficiency and durability, which influence earning potential.

Earning Mechanism: The app uses your smartphone's GPS or step-counting sensors to track walking or running. Based on the distance covered and the attributes of your equipped NFT sneaker, you earn GRND tokens.

NFT Sneakers: These are essential assets within the SuperWalk ecosystem. They can be purchased, upgraded, and rented. Different sneaker types (e.g., Walker, Jogger, Runner) are optimized for different speeds and offer different reward multipliers.

Energy System: Earning is governed by an energy system. Each NFT sneaker has a limited amount of energy that depletes as you earn tokens. Energy recharges over time, creating a sustainable reward model.

KAIA Blockchain: Token rewards, NFT minting and marketplace trades are recorded on the KAIA (formerly Klaytn) blockchain, which makes them publicly verifiable.

What Makes SuperWalk (GRND) Unique and Valuable?

SuperWalk's primary value proposition is its successful gamification of physical fitness within a tangible economic framework.

Proven M2E Model: It taps into the proven demand for applications that reward physical activity, promoting a healthier lifestyle while providing financial incentives. This creates strong user retention and engagement.

Community and Social Features: The app includes social elements like challenges, leaderboards, and community events, fostering a competitive and supportive environment that goes beyond simple token earning.

KAIA Integration: SuperWalk runs on KAIA (formerly Klaytn), a Layer 1 blockchain; the token is an ERC20 asset with contract address 0x84F8C3C8d6eE30a559D73Ec570d574f671E82647. This makes the user experience smooth and accessible.

Dual Token Model: SuperWalk adopted a Dual Token Model: Utility Tokens are mainly used for in-app use, while the Governance Token is used to operate transparent advertising products, with advertising revenue reinvested in token incineration.

Real-World Utility: Unlike many speculative tokens, GRND has immediate, clear utility within its own thriving application. It's used to mint, repair, and upgrade NFT assets, stake for rewards, and participate in governance.

Per the official FAQ, sustainable tokenomics comes from stable service traffic and predictable cash flow; the team plans to operate transparent advertising products through the Governance Token and reinvest advertising revenue in token incineration, with Utility Token use and incineration set up in stages.

What Is SuperWalk (GRND) Used For?

The GRND token is the lifeblood of the SuperWalk ecosystem, with several core utilities:

Move-to-Earn Rewards: The primary use. Users earn GRND tokens as a direct reward for walking or running while using the app with NFT sneakers.

NFT Marketplace: GRND is the currency for purchasing, selling, and renting NFT sneakers and other potential in-app assets on the SuperWalk marketplace.

In-App Operations: Tokens are spent to mint new sneakers, repair worn-out NFT sneakers, and upgrade sneaker attributes to increase earning efficiency.

Staking and Governance: Holders can stake their GRND tokens to earn additional rewards or to gain voting power in the SuperWalk DAO, influencing the project's development roadmap and policy changes.

Community Engagement: GRND is used to enter special events, challenges, and competitions within the app, offering users ways to earn bonus rewards.

How to Buy GRND Coin?

GRND trades on several venues, including Bithumb (GRND/KRW), Gate (GRND/USDT) and HashKey Global (GRND/USDT); check a reputable venue and store tokens in a wallet you control.

As with any cryptocurrency, GRND's price fluctuates with the market, and regulatory and technical risks apply. This article is for reference only and does not constitute investment advice.