If you’re looking into downloading the Bitwalking app to start making money with your steps, you need to know if it’s worth it! (And of course you need to make sure it’s not a scam.)
So, what’s it worth? Can I get rich?
Currently (2018) one Bitwalking Dollar – BW$ for short – is pegged to about $1 (usd) of value when exchanged on the offers marketplace. That means if you collect 10 BW$ you can exchange them for $10 of goods/services.
The app creators say you will soon be able to exchange walking dollars for real money on an exchange they are creating. The value will be different than the offer marketplace because the value will go up and down (much like Bitcoin) depending on demand.
Click to go back to Bitwalking FAQ
What is the future potential for what walking dollars are worth?
Because everyone can equally earn BW$, it does have a limit to how much it can be worth. You won’t ‘get rich overnight’ because there are always going to be a lot of BW$ floating around, and only more and more as time passes.
To put simply: The more Bitwalking Dollars earned, the lower their price. However, as demand increases, the higher their price.
Right now people can only earn 3 BW$ per day, which is about 15 miles or so of walking. You might think that $3 for 15 miles is not worth it, but remember this accumulates over time. You can leave the app running in the background and continue to earn.
The future potential, I’d say might be about double – $2 each. That will only be possible if millions of people regularly use the app and there is a healthy exchange economy
Summary… is Bitwalking worth it?
Absolutely! Because you don’t have to actively use the app – it runs in the background – you can leave it on and collect dollars over time. For example, my favorite app Sweatcoin, I left it running for a few months without checking it, and came back to several hundred coins.
So yes, download the app, check it out, walk more, and start earning!
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