STEPcoin, a project for the future.
STEPN (GMT) is the native symbol of the popular web3 lifestyle application that has revolutionized the world of cryptocurrency. Since its launch in March 2022, GMT trading volume has dominated major cryptocurrency exchanges. The astounding rise in prices has attracted the attention of new users and now everyone wants to know more and earn cryptocurrencies.
Move-to-earn (M2E) applications allow users to earn passive income by engaging in regular physical activity. Gaming "move to win" works in the same way as "play-to-earn", in which players have complete control over their in-game assets, which can be converted into cryptocurrency or fiat currency according to their terms.
M2E allows you to identify the act of walking or running. Most people have already integrated the use of a fitness tracking app into their daily lives. The move-to-win app model takes these fitness apps to the next level and gives tokens and NFTs instead of worthless badges in the app. With landmarks and achievements, the captivating nature of these applications makes them a great model for blockchain applications.
One of the pioneers of the M2E application industry was Pokémon Go, which created global hysteria in 2016. Since blockchains already have the infrastructure to use oracles from real-world data, using geolocation could unlock symbol rewards in various forms.
What is STEPN?
STEPN is a web3 lifestyle application that offers SocialFi and GameFi features. The purpose of STEPN is to encourage socialization, while also helping users to live a healthy lifestyle.
STEPN was founded by a fintech company based in Australia, known as FindSatoshi Lab. The company became popular in the blockchain space after finishing 4th in the 2021 Solana Ignition Hackathon Gaming Track.
How Stepn Coin Works ?
Stepn acts as a health and fitness app. It is a web3.0 lifestyle application. People who use this app can earn good earnings because it has socialFi and GameFi features. These gains can be achieved by walking, running outside or running anywhere.
The Stepn app has two tokens, GMT and GST, which generate winnings. The GMT token, which is pre-sold by Binance, is the main symbol of this application.
STEPN has several features, including:
Game modes: Currently, Solo mode is only available to users, and Marathon and Wallpaper modes are under development.
Sneakers: These are NFTs that allow users to start earning GST tokens. Sneakers can have different attributes (efficiency, luck, comfort and endurance) and can be improved by burning GST and customized (developing).
Gemstones and sockets: Once they reach a certain level of sneakers, users can access such sockets that can be used to enhance their Sneaker attributes.
Mint shoes: users can tap a shoe box when they have two NFT sneakers. The cost of the battery and the type of sneakers received depend on the type of original shoes (regular, unusual, rare, epic or legendary).
Badge: Users can receive various badges to complete tasks in the game. These badges can offer benefits that can influence the game (extra energy or bonus points), shoeing (lower batting costs or additional changes to renting a Sneaker) or special benefits of governance.
How is the GMT token used?
For starters, users need to download the app. Sign up. Create a wallet. Transfer SOL to your in-app wallet to buy NFT sneakers on the market, and always keep some SOL for gas charges. If a sneaker is purchased, the user can select a game mode to participate in and start winning. Energy (the number of minutes gained for using sneakers for exercise) is gained as the user performs the necessary activities on the platform.
Each user will also have access to a decentralized portfolio in the StepN ecosystem, which will support SOL, EVM, exchange, backup and cross-conversion chains. StepN's SocialFi elements and systems will be revealed when the game is fully released.
Activation code system.
The game is by invitation only, as each StepN user has a limited number of codes that they can send to anyone to join. Once exhausted, there is another option to get additional code. This code activation process will be regulated to control the flow and exit of users.
The GMT currency available in the application is the governing symbol. This currency must be used for players to vote and have a say in the administration. The GMT currency is used to access the features offered in the application and to increase the level of accessories.
Where can I change the GMT currency?
Stepn coin is listed on some cryptocurrency exchanges, such as Binance, OKX, MEXC, Bybit, CoinTiger.
GMT price!
As of May 6, 2022, at the time of writing, the price of 1 GMT is approximately $ 2.32. STEPN 2022 price forecast is $ 4.97.
The project raised $ 5 million in Seed Round funding from top investors such as Sequoia Capital, Folius Ventures, Solana Capital, Alameda Research, DeFi Alliance, M13, Openspace Ventures, Solar Eco Fund and others. Santiago R Santos, who is an angel investor, also invested in the project. The game really has a huge mission, which combines Web3 technology with a healthier lifestyle, the ability to earn and inspire carbon neutrality.
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