Sleep To Earn Crypto? Here's How To Get Rewarded For Good Rest!
We’ve told you about move-to-earn games, but what about sleep-to-earn? Yes, it’s a thing. And you can actually earn cryptocurrency just for getting a good night’s rest.
In this blog, we’ll dive right into what sleep-to-earn is, how it works, and the apps you can use to sleep-to-earn cryptocurrency. But if you need a briefing on what cryptocurrencies, play-to-earn blockchain games, and NFTs are, you can scroll to the bottom to learn more.
Top Sleep-To-Earn Crypto Apps:
Table of Contents
What Is Sleep-To-Earn?
Sleep-to-earn is a term used for when people are rewarded with cryptocurrency for getting a good night’s sleep. The rewards are usually in the form of tokens that can be used on the app or exchanged for other cryptocurrencies.
The concept behind sleep-to-earn is that by getting enough rest, you’re contributing to your overall health and well-being. And in return, you’re rewarded with tokens that have real value.
How Does Sleep-To-Earn Crypto Work?
The process of sleep-to-earn is simple. First, you download a sleep tracking app like MetaGym, SleeFi, or Sleep Future. Once the app is installed on your phone, it will track your sleep patterns and give you rewards based on how well you sleep.
And the better you sleep, the more rewards you’ll earn.
What Are The Benefits Of Sleep-To-Earn?
There are several benefits to sleep-to-earn. First, it encourages people to get enough rest. Getting enough sleep is important for overall health and well-being, so this is a great way to promote good sleeping habits.
Second, it’s a great way to earn extra income. The rewards you earn from sleep-to-earn can be exchanged for cash or other cryptocurrency or you can purchase NFTs.
And last, it’s a fun and unique way to earn cryptocurrency. If you’re looking for something different than the usual earning methods, sleep-to-earn is a great option.
What Are The Best Sleep-To-Earn Apps?
There are several great sleep-to-earn apps out there, but here are our top three picks:
MetaGym (MGCN)
MetaGym is a move-to-earn app with Sleep-fi features. Sleep-fi is a term that combines the words sleep and finance as a way to optimize sleeping behaviors.
To start, you choose an avatar with specific traits that match what you’re looking to do.
Then, you can select the mode of play you’d like to earn based on (in this case, sleep).
Getting adequate sleep, combined with other modalities can create earnings of up to 100 $MGCN per day. You can track your earnings, share your progress, and then use these crypto earnings to progress your avatar or exchange for USD Coin (digital dollars)
SleeFi (SLFT)
SleeFi is another Web3 lifestyle app that uses the sleep-to-earn module, but won’t officially launch until September 2022. Boasting a great way to help people who suffer from insomnia, the app has both native crypto and a governance token.
Once it launches, to get started with SleeFi, you’ll download and sign up, create a wallet, transfer Avalanche (AVAX), purchase a bed NFT, and start earning.
The basis of SleeFi is similar to MetaGym, where you’ll earn based on a good night’s sleep. Once you log a rest (only once per day), your coins are added based on sleep quality and duration.
You can use the earnings to increase the level of the bed NFT and mint new NFTs. The higher the level of your bed NFT, the more rewards you have the ability to potentially make.
Sleep Future (SLEEPEE)
Toted as the world’s first blockchain wellness app to help with sleep quality, the Sleepee app brings you $SLEEPEE cryptocurrency just by getting a good night of sleep.
In the app, you’ll get a sleep score after your daily sleep is monitored by cutting-edge technology. Based on your score, you’ll earn tokens that can be converted to buy products or services in their SleepStore.
Terminology Around Sleep-To-Earn Crypto Apps
It’s important to have a good understanding of what cryptocurrency is and the terms associated with it in these play-to-earn style games.
What Is Cryptocurrency?
Cryptocurrency is a digital or virtual currency that uses cryptography for security. Cryptocurrencies are decentralized, meaning they are not subject to government or financial institution control.
Bitcoin, the first and most well-known cryptocurrency, was created in 2009. Cryptocurrencies are often traded on decentralized exchanges and can also be used to purchase goods and services.
What Is A Cryptocurrency Governance Token?
A governance token is a type of cryptocurrency that gives holders voting rights on the direction of the project. Governance tokens are often used to fund development and help make decisions on future network policies.
What Is A Blockchain Game?
A blockchain game is a video game that uses blockchain technology to store game data on a decentralized ledger. Blockchain games are often used to earn cryptocurrency through play-to-earn mechanics.
What Is An NFT?
NFTs are non-fungible tokens that represent digital or physical assets. NFTs are stored on a blockchain and can be traded, sold, or exchanged for other assets. An example of an NFT is a digital art piece that’s completely original.
Earn Crypto While You Sleep: Get Started Today!
In addition to move-to-earn, sleep-to-earn is truly a great way to earn extra income by getting rewarded. If you’re looking for something different than the usual methods of earning cryptocurrency, definitely check out sleep-to-earn apps.
And if you need help getting started or a little more explanation, check out this tutorial on how it works on MetaGym.
Download a sleep-to-earn app today and start earning rewards for good rest!
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