What Is Stepn (Gmt)?
- Posted on December 21, 2023 11:43 PM
- Crypto Discover
- 218 Views
STEPN, a mobile NFT game supported by the Solana blockchain network, allows users to earn rewards by walking and running outdoors and obtaining NFT Sneaker tokens. STEPN stands out as one of the first move-to-earn applications in the cryptocurrency ecosystem. The platform's goals include contributing to Carbon Neutrality, attracting millions of people to Web 3.0 technology, and motivating a healthy lifestyle.
STEPN (GMT) Features:
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Community-Focused: STEPN aims to leverage the community behind well-known personalities in the sports field, particularly through fitness applications on smartphones. It is developed to utilize social and community elements using blockchain technology.
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Unique Earning Concept: STEPN aims to attract billions of people to the cryptocurrency ecosystem with the concept of Earning by Running. Users have the potential to transform running and walking activities into lucrative opportunities.
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Hackathon Success: STEPN has been the winner of the Ignition Hackathon Game Course on the Solana network and has become the first mobile game to win a Hackathon award.
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Web 3.0 Application: STEPN is one of the pioneers of applications in Web 3.0, incorporating gaming and social elements.
STEPN Game Modes:
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Solo Mode: Users can earn tokens based on their sneakers and physical activities.
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Marathon Mode: Users can participate in monthly and weekly marathon competitions and earn tokens.
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Background Mode: Users with at least one pair of sneakers can earn tokens without repair and application costs.
User Guide:
- Users must register with Solana to obtain SOL tokens and deposit them into their STEPN application wallet.
- Users can then purchase an NFT sneaker from the in-app store.
- After these steps, users must wait for a 24-hour energy refill.
Investment Firms and Angel Investors:
STEPN has received investments from various companies and angel investors, including Solana Capital, DeFi Alliance, Sfermion, Spark Digital Capital, Folius Ventures, Openspace Ventures, WelinderShi Capital, 6th Man Ventures, Sequoia Capital, Zee Prime Capital, Solar Eco Fund, M13, Alameda Research, MorningStar Ventures, Corner Ventures, and Lemniscap. Angel investors include Zhen Cao, Santiago R Santos, and Tura.
STEPN is a mobile NFT game that rewards users for walking and running, contributes to Carbon Neutrality, and introduces the advantages of Web 3.0 technology.
Risks and Security: Investing in STEPN (GMT) comes with certain risks that need to be considered. Its price can be highly volatile and sensitive to market fluctuations. Additionally, careful consideration should be given to the security of online wallets, and implementing robust security measures is crucial.
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