Source: GMTUSD Chart by TradingView
STEPN is a Web3 lifestyle app with fun social elements and gamification design. Users equipped with NFT Sneakers – walk, jog or run outdoors to earn GST, which can be used to level up and mint new Sneakers.
Player can choose to lease or sell their NFT Sneakers on the in-app Marketplace; users’ GST earnings are stored in the in-app Wallet, which has a built-in Swap function.
With Game-Fi, STEPN aims to nudge millions toward a healthier lifestyle, combat climate change and connect the public to Web 3.0, all while simultaneously hinging on it’s Social-Fi aspect to build a long-lasting platform fostering user generated Web 3.0 content.
STEPN denies claims of layoffs
On Oct. 12, news on STEPN laying off staff due to bear market conditions was published. STEPN denied those claims today.
STEPN to lay off over 100 staff
Investments in STEPN will also be reduced to STEPN's parent company Find Satoshi Lab.
Is move-to-earn dead? STEPN’s GST token tumbles 98% in 2 months
STEPN's governance token $GMT is down 81% from its all-time high while the reward token is down 98% in just 2 months. Is move-to-earn dead?
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