• Live Crypto Prices
  • Crypto News
    • Worldwide
      • Bitcoin
      • Ethereum
      • Altcoin
      • Blockchain
      • Regulation
    • Australian Crypto News
  • Education
    • Cryptocurrency For Beginners
    • Where to Buy Cryptocurrency
    • Where to Store Cryptos
    • Cryptocurrency Tax in Australia 2021
No Result
View All Result
CryptoABC.net
No Result
View All Result

STEPN Token Soars 128% Following Web 3.0 Move To Earn Token Sale

March 16, 2022
in Australian Crypto News
Reading Time: 3min read
0 0
A A
0
STEPN Token Soars 128% Following Web 3.0 Move To Earn Token Sale
0
SHARES
7
VIEWS
ShareShareShareShareShare

STEPN token has soared 128 percent following its Web 3.0 token sale. The app allows users to earn money while exercising and adds to the very small market of move-to-earn. STEPN joins Genopets which was the first move-to-earn initiative.

Yoyoyo Thor! This is a “game” where You can earn money for walk, jog, run or train. The higher effort You put in, the more money You’ll make.

Every 6h energy is refilled and then You go out and burn that energy which make You earn $GST (the in-game token)

This is a $SOL project

— TheOtherDude (@2TheOtherDude) March 9, 2022

Burn Calories, Earn Tokens

STEPN is a Web3 lifestyle app built with in-game GameFi and Social-Fi elements. Players can make “handsome earnings by walking, jogging, or running outdoors”, according to the project’s website. The first project to bring to life a functioning move-to-earn concept, STEPN finished in fourth place out of 500+ projects at the Solana Ignition hackathon 2021.

Trailblazer rewards will be distributed between 15th and 17th March. This should distribute 0.75% of the total circulating GMT tokens to over 5,000 qualified users, an airdrop of about 45 million GMT tokens!
We would like to thank everyone’s support, and please stay tuned! pic.twitter.com/uOcDo5qcxb

— STEPN | Public Beta Phase III (@Stepnofficial) March 14, 2022

Users in the game equip themselves with NFTs in the form of sneakers. Through movement, users earn game currency to be used in-game or cashed out for profit.

Towards Wider Web3 Adoption

The goal of STEPN is to utilise GameFi to move millions of people towards a healthier lifestyle, combat climate change, and connect the public to Web 3.0. Along with all of that, the project hinges on its Social-Fi aspect to build a long-lasting platform to foster user-generated Web 3.0 content.

Naturally, users are excited and many took to Twitter to share their elation:

One of my new fave play&earn games is @Stepnofficial.

It’s Strava/MapMyRun meets GameFi. At a high level:

👟 you get a sneaker NFT.
🏃‍♂️ you either run, jog or walk each day via the app.
💰 you earn ~$30 per 10 mins of activity.

Here’s a thread on how it all works… pic.twitter.com/zToXxkXG7i

— Matthew Howells-Barby Ξ mhb.eth (@matthewbarby) March 1, 2022

Move-to-Earn Is On the Move

STEPN joins Genopets, the world’s first mobile move-to-earn NFT game that aims to bridge the physical and digital worlds. Genopets, like STEPN, is built on the Solana blockchain and allows users to create an NFT connected to their fitness data.

Share this article

Join in the conversation on this article’s Twitter thread.

Disclaimer:
The content and views expressed in the articles are those of the original authors own and are not necessarily the views of Crypto News. We do actively check all our content for accuracy to help protect our readers. This article content and links to external third-parties is included for information and entertainment purposes. It is not financial advice. Please do your own research before participating.


Credit: Source link

ShareTweetSendPinShare
Previous Post

Bitcoin Detractor Peter Schiff Lays On What Will Trigger Bitcoin Recovery

Next Post

Ukraine Partners With FTX To Launch Crypto Fundraising Website

Next Post
Darknet Ecstasy Kingpin Forfeits $2.3 Million In Bitcoin

Darknet Ecstasy Kingpin Forfeits $2.3 Million In Bitcoin

You might also like

Trump Memecoin Surges Briefly on Promise of Exclusive Mar-a-Lago Event

Trump Memecoin Surges Briefly on Promise of Exclusive Mar-a-Lago Event

March 13, 2026
Why XRP’s Long-Term Vision Lies In The Internet Of Value Stack

Why XRP’s Long-Term Vision Lies In The Internet Of Value Stack

March 9, 2026
Hayes Says Hyperliquid’s HYPE Is Headed To $150 By August 2026

Hayes Says Hyperliquid’s HYPE Is Headed To $150 By August 2026

March 10, 2026
US Inflation Unchanged in February as Bitcoin Holds $70K

US Inflation Unchanged in February as Bitcoin Holds $70K

March 12, 2026
Bitcoin Just Entered The DCA Zone Again, Why This Is A Good Time To Buy

Bitcoin Just Entered The DCA Zone Again, Why This Is A Good Time To Buy

March 10, 2026
Wells Fargo Signals Crypto Expansion With ‘WFUSD’ Trademark Filing

Wells Fargo Signals Crypto Expansion With ‘WFUSD’ Trademark Filing

March 12, 2026
CryptoABC.net

This is an Australian online news/education portal that aims to provide the latest crypto news, real-time updates, education and reviews within Australia and around the world. Feel free to get in touch with us!

What's New Here!

Ethereum Price Coils Near Key Resistance: A Breakout Could Be Explosive

Ethereum Price Coils Near Key Resistance: A Breakout Could Be Explosive

March 15, 2026
On-Chain Data Shows Why Bitcoin’s Next Stop Could Be At $82K

On-Chain Data Shows Why Bitcoin’s Next Stop Could Be At $82K

March 15, 2026

Subscribe Now

  • Contact Us
  • Privacy Policy
  • Terms of Use
  • DMCA

© 2021 cryptoabc.net - All rights reserved!

No Result
View All Result
  • Live Crypto Prices
  • Crypto News
    • Worldwide
      • Bitcoin
      • Ethereum
      • Altcoin
      • Blockchain
      • Regulation
    • Australian Crypto News
  • Education
    • Cryptocurrency For Beginners
    • Where to Buy Cryptocurrency
    • Where to Store Cryptos
    • Cryptocurrency Tax in Australia 2021

© 2021 cryptoabc.net - All rights reserved!

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Please enter CoinGecko Free Api Key to get this plugin works.