Hack VC leads $3.4 million seed round for web3 health accountability app Moonwalk Fitness

Quick Take

  • Moonwalk Fitness raised $3.4 million in seed funding led by Hack VC, with additional support from Reciprocal Ventures, Binance Labs, CMS, Flowdesk and others. 
  • Moonwalk puts a user’s cryptocurrency at stake if they fail certain daily fitness goals. 

The web3 fitness accountability app Moonwalk Fitness raised $3.4 million in fresh seed funding. 

Hack VC led the round, with additional support from Reciprocal Ventures, Binance Labs, CMS, Flowdesk and others, Moonwalk announced on Thursday. 

The blockchain-based app is one of a few health-focused web3 products, like smart ring creator CUDIS, gaining interest following the rise of the "move-to-earn" trend during the last bull market.

Moonwalk puts a user's cryptocurrency at stake for succeeding or failing fitness goals. To participate, a user joins a group, called a "crew," which has certain daily fitness goals set by the crew captain. The user then deposits USDC, SOL or BONK. If the user achieves the goals, they retrieve their deposit and can even receive additional tokens. If the user fails, a portion of their deposited crypto gets distributed among successful players. 

"By combining fitness with financial incentives, Moonwalk Fitness is not only promoting healthier lifestyles but also demonstrating how blockchain can offer real-world utility in an intuitive and accessible way," said Binance Labs Investment Director Max Coniglio in a statement. 

The Block reached out to Moonwalk Fitness for comment. 


Disclaimer: The Block is an independent media outlet that delivers news, research, and data. As of November 2023, Foresight Ventures is a majority investor of The Block. Foresight Ventures invests in other companies in the crypto space. Crypto exchange Bitget is an anchor LP for Foresight Ventures. The Block continues to operate independently to deliver objective, impactful, and timely information about the crypto industry. Here are our current financial disclosures.

© 2025 The Block. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

AUTHOR

MK Manoylov has been a reporter for The Block since 2020 — joining just before bitcoin surpassed $20,000 for the first time. Since then, MK has written nearly 1,000 articles for the publication, covering any and all crypto news but with a penchant toward NFT, metaverse, web3 gaming, funding, crime, hack and crypto ecosystem stories. MK holds a graduate degree from New York University's Science, Health and Environmental Reporting Program (SHERP) and has also covered health topics for WebMD and Insider. You can follow MK on X @MManoylov and on LinkedIn.

See More
Connect on

Editor

To contact the editor of this story: Daniel Kuhn at [email protected]

WHO WE ARE

The Block is a news provider that strives to be the first and final word on digital assets news, research, and data.

+ Follow us on Google News
Connect with the block on