Moonwalk Fitness
MF
Evaluation Score
Overall rating on a scale of 0-10
Dimension Breakdown
AI Analysis
Comprehensive evaluation of the token
Moonwalk Fitness (MF) is a Solana-based move-to-earn accountability platform that raised $3.4M in a seed round led by Hack VC, with backing from Delphi Digital and Solana Labs. Despite operational iOS and Android mobile apps, the project faces notable headwinds across all evaluated categories. Active development remains closed-source with no public GitHub or visible execution milestones for 2025-2026. Security is a primary weakness, with no third-party smart contract audits conducted despite custodying user funds in challenge pools, alongside a ~90% drawdown from its all-time high. Tokenomics presents substantial supply overhang, with over 81% of the 1 billion total supply locked without transparent vesting schedules and utility confined to in-app perks lacking fee-capture mechanisms. Governance is centralized under the Moonwalk Foundation with pseudonymous founders. With thin liquidity, minimal community engagement metrics, and tough competition in the move-to-earn sector, the asset carries elevated risk despite a clean incident history.
Development Activity
Code updates and developer engagement
Community Support
Social media presence and community engagement
Tokenomics
Supply, distribution, and utility
Market & Use Case
Value proposition and competitive landscape
Team & Governance
Team background and project governance
Security & Audits
Security history and audit status
About Moonwalk Fitness (MF)
Moonwalk Fitness (MF) is a fitness-accountability and move-to-earn application deployed on the Solana blockchain. Operating through mobile applications on iOS and Android, the platform enables users to enter step-challenge pools where participants stake cryptocurrency to incentivize daily physical activity. The project raised a $3.4 million seed round in October 2024 led by Hack VC, with additional backing from investors including Delphi Digital, Binance Labs, and Solana Labs.
The MF token has a fixed maximum and total supply of 1,000,000,000 units, of which approximately 18.6% is in circulation. The token functions primarily within the mobile application for staking in fitness pools and obtaining experience-point (XP) boosts, without incorporating protocol fee-capture or revenue-sharing mechanisms. Governance is centralized under the Moonwalk Foundation and a team of pseudonymous contributors, with distributions and operational updates managed without a decentralized autonomous organization (DAO) or on-chain voting system.
The project faces notable structural and market concerns. Moonwalk Fitness operates as a closed-source product without public code repositories or third-party smart contract security audits, despite holding custody of user assets in challenge pools. Furthermore, over 81% of the token supply remains locked or undistributed without publicly documented vesting schedules, introducing long-term dilution risk. Following its launch, the MF token suffered an unrecovered price crash of approximately 90% from its all-time high of $0.0719, accompanied by thin trading liquidity across secondary markets.