W2E (Workout to Earn): A Low Cost DApp based on ERC-20 and ERC-721 standards

TL;DR

This paper introduces W2E, a mobile DApp that incentivizes exercise with tokens and NFTs, demonstrating its deployment across various Ethereum networks to analyze gas efficiency and execution time.

Contribution

The paper presents a low-cost DApp leveraging ERC-20 and ERC-721 standards, with a comprehensive survey of network performance across multiple Ethereum-based networks.

Findings

Network choice significantly impacts gas costs and execution times.

W2E's deployment demonstrates practical efficiency for ERC-20 and ERC-721 DApps.

Insights applicable to other blockchain-based applications using similar standards.

Abstract

Decentralized applications (DApps) have gained prominence with the advent of blockchain technology, particularly Ethereum, providing trust, transparency, and traceability. However, challenges such as rising transaction costs and block confirmation delays hinder their widespread adoption. In this paper, we present our DApp named W2E - Workout to Earn, a mobile DApp incentivizing exercise through tokens and NFT awards. This application leverages the well-known ERC-20 and ERC-721 token standards of Ethereum. Additionally, we deploy W2E into various Ethereum-based networks, including Ethereum testnets, Layer 2 networks, and private networks, to survey gas efficiency and execution time. Our findings highlight the importance of network selection for DApp deployment, offering insights for developers and businesses seeking efficient blockchain solutions. This is because our experimental results are not only specific for W2E but also for other ERC-20 and ERC-721-based DApps.