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stepn-go
STEPN GO is a Solana move-to-earn app rewarding users for physical activity with GameFi elements.
Stepn
What is Stepn?
Stepn is a move-to-earn application built on the Solana blockchain that promotes a healthier lifestyle by integrating gaming and social media elements with fitness activities. Users earn cryptocurrency rewards, specifically GST tokens, by participating in physical activities such as walking, jogging, or running. These activities are tracked through GPS and require users to wear NFT sneakers, which come in varying types and qualities that affect earning potential. Besides GST, Stepn uses a dual-token model with the governance token GMT, which allows for voting on platform decisions and staking rewards. The platform has also introduced Stepn Go, a social lifestyle app that enhances the ecosystem by adding social interactions and gamification features.
What does Stepn do?
Stepn is a move-to-earn application that allows users to earn cryptocurrency by engaging in physical activities such as walking, jogging, or running, tracked through GPS technology. Participants use NFT sneakers, available in different types and qualities, which determine their earning potential in Green Satoshi Tokens (GST), used for various in-game activities like repairs and leveling up of sneakers. Stepn operates on a dual-token model, with GST as the in-game currency and Green Metaverse Token (GMT) as the governance token, allowing holders to vote on platform decisions. The application also features Stepn Go, an extension that incorporates social interactions and gamification, enhancing the user experience by allowing functions such as sneaker lending and avatar customization. This blend of fitness, gaming, and blockchain technology aims to inspire users towards healthier lifestyle choices while engaging them in a unique gaming experience.
Why is Stepn unique?
Stepn stands out as a leading move-to-earn platform on the Solana blockchain, offering unique features and incentives for users engaging in physical activities like walking, jogging, or running. The platform utilizes a dual-token economy: GST is used in-game for activities like repairs and upgrades while GMT serves as the governance token, enabling holders to vote on platform decisions. Stepn is distinctive because it operates on the Solana blockchain, providing faster and cheaper transactions than alternatives on Ethereum. Additionally, it features deeper gameplay through sneaker leveling, repairs, and market trading, offering more strategic elements compared to simpler move-to-earn games. With the introduction of social components via Stepn Go, the platform not only promotes fitness but also aims to become a social network.
Pricing
The primary cost associated with using Stepn involves acquiring NFT sneakers from the in-app marketplace. These sneakers come in various types such as Walker, Jogger, Runner, and Trainer, each with different qualities like Common, Uncommon, Rare, and Epic, which affect the user's earning potential. In addition, users must spend Green Satoshi Tokens (GST) for repairs, leveling up sneakers, and other in-game activities. The cost of the sneakers and the amount of GST required for in-game activities can vary significantly based on market conditions and sneaker attributes. The platform also uses a dual-token model where GST is the in-game currency and the Green Metaverse Token (GMT) serves as a governance token. Therefore, costs include both the initial investment in sneakers and ongoing maintenance and upgrades through in-game currency.
