STEPN

Key Technical Advantages:

Move & Earn Concept: The STEPN platform incentivizes users to stay active by offering rewards for physical activity. Users equip themselves with NFT Sneakers and earn the in-game currency (Green Satoshi Tokens - GST) by walking, jogging, or running outdoors. The more they move, the more tokens they earn. NFT Sneakers: These are unique digital assets that users need to move and earn tokens. The sneakers come with different attributes such as Efficiency and Comfort, which can affect the amount of GST or GMT (Governance Tokens) earned per minute. Users can switch between GST and GMT earning modes once they reach Level 30. Game Modes: There are different game modes, including Solo Mode and Marathon Mode. In Solo Mode, users earn tokens by moving with their NFT Sneakers. In Marathon Mode, users participate in weekly or monthly marathons to earn rewards. There's also a Background Mode that allows users to continue earning GST even when the app is not actively used, up to a daily cap. Tokenomics: The platform has two main tokens, GST and GMT. GST is the game token earned by moving and can be used in-game or cashed out for profit. GMT is the governance token that gives users a say in the platform's decision-making processes. The amount of GST or GMT earned depends on factors like the type of sneaker, its efficiency and comfort attributes, and the speed of movement. Social-Fi and Game-Fi Elements: STEPN combines elements of social finance (Social-Fi) and gaming finance (Game-Fi) to create a community-oriented platform where users can generate Web 3.0 content and engage with others. The platform also includes a marketplace where users can trade NFTs and a decentralized wallet and exchange for managing and trading tokens. Please note that as of this writing, STEPN is still in its Public Beta Phase, which means some elements of the platform may change in the future. Content summarized by AI chatbot

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