What is STEPN ? STEPN simply Explained In 3 Minutes.
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The first move-to-earn mobile NFT game powered by the Solana blockchain is called STEPN. With STEPN, users may earn tokens by walking, jogging or running outdoors with an NFT sneaker. STEPN aspires to motivate millions of people to adopt better lifestyles by bringing them into the Web3 era while also helping to achieve carbon neutrality.,
There are two tokens in the STEPN ecosystem: the Green Satoshi token is the game’s utility token, which has an unlimited supply, and the Green Metaverse Token is the governance token. The supply of GMT tokens is limited to 6 billion.,
Users can sell buy or lease rent NFT sneakers, gems and badges on the marketplace and can earn game currency by jogging, walking or running outside, which can be cashed out for profit or utilized in-game. The marketplace has a simple filter and sort tool for quick navigation.,
Users wearing NFT sneakers can earn GST by walking, jogging or running outside. GST can be used to mint new sneakers or level up in the game. On the in-app marketplace, players can lease or sell their NFT sneakers, and their GST revenues are saved in the in-app wallet, which features a built-in swap function.,
Due to the limited quantity of tokens, a burn mechanism is required to help people live a healthy lifestyle, which is another unique feature of STEPN. Through various in-app actions, the burn mechanism is used to reduce the circulation of both the GMT and the GST tokens.,
sneakers can be leveled up or repaired using the GST token. Also, users can upgrade gem items and mint sneakers through the GST token, which is also extensively used to swap USD coin.,
A governance token, GMT, can be used to change sneakers' names or level up to a high spot. Also, premium game content or high-level activities and profits can be distributed through GMT tokens.,
It is important to note that only sneakers who have reached Level 30 are eligible to swap GMT with USDC. However, to begin earning GMT, you must have at least three Energy.,
Users can access three STEPN gameplay features, the solo, marathon and background modes, to earn money and freely participate in the game. While you will need sneakers to begin earning, you are not required to have anything to begin running. New users can get a free trial of the app and all of its features.,
