Binance Labs announces investment in Solana ecosystem fitness accountability app Moonwalk Fitness

Binance Labs announced an investment in the Solana ecosystem fitness accountability app Moonwalk Fitness. Moonwalk Fitness plans to use this round of funding to accelerate product development and launch iOS and Android applications.

According to reports, Moonwalk Fitness combines gamification and financial incentives to promote a healthier lifestyle. It encourages users to complete daily step goals by staking USDC, SOL, or BONK; those who fail to meet the goals will lose part of their stake, while rewards are distributed to the winners.

Previous news, the crypto fitness app Moonwalk announced the completion of a $3.4 million funding round, led by Hack VC, with participation from Binance Labs, Reciprocal Ventures, and Solana co-founder Raj Gokal.