In a world where applications track the number of your steps and Web3 initiatives tokenize everything, STEPN is at the core of both. The STEPN app is the original move-to-earn application, where users can get STEPN crypto by walking, jogging, or running in real life. It makes exercise competitive. Powered by Solana and BNB blockchains, STEPN is an NFT sneaker-based app that records your steps and drops rewards inside the app.
Being among the first to combine the elements of fitness, NFTs, and blockchain technology, STEPN has established itself as a leader in the new Web3 fitness economy. Moving around makes physical health better and also recharges your digital wallet. You can be a crypto enthusiast, a casual runner, or somebody interested in trying out the future of gamified wellness, but in any case, STEPN will provide you with an opportunity to earn as you move.
What is STEPN?
STEPN is a Web3 lifestyle application, powered by the Solana blockchain, that compensates users with cryptocurrency due to physical activity, whether walking, jogging, or running outside. To play, users need to buy NFT sneakers, a digital object that will record their movement and influence the amount of earnings that they will be able to get.
The app counts movements of the users during exercise and rewards them with STEPN coin, mostly Green Satoshi Token (GST) as a utility token and Green Metaverse Token (GMT) as a governance token, and entry to enhanced features token. STEPN is a project that rewards healthy lifestyles through fitness, gaming, and crypto on one platform.
How Does STEPN Work?
STEPN is an exclusive application that combines fitness and crypto. Originally, it promoted the idea of getting physically active among its users. To get started on STEPN, you have to download the application and create an account. To play, you will have to purchase a virtual sneaker NFT, which will serve as your entry point into the game.
After owning a sneaker, you may begin to walk, jog, or run outdoors using your phone. The application uses the GPS to trace your movement. You are rewarded with in-game GST (game support tokens) as you move. The more you move, the more you get. Your sneaker, however, has a certain amount of energy that defines the duration of your daily reward earning.
Another feature of STEPN is the social and strategic overlay. The sneakers differ in their attributes, and you can prefer efficiency, luck, or speed. It is also leaderboarded and challenge-based to keep it fun. Briefly put, STEPN allows you to make your everyday workout an incredibly profitable game.
Getting started with STEPN
To begin using STEPN, one will have to download the application, generate a wallet, and purchase STEPN NFT sneakers using the marketplace. You do not require any special technical skills, as the app is built for both newbies and long-time crypto users. The procedure for using STEPN is as follows.
- Download the STEPN app. Just search STEPN. Install the application on your phone. STEPN can be downloaded on either the App Store (iOS) or the Google Play Store (Android)
- Create an account. Launch the application and fill in your email. An activation code will be mailed to your email. Enter the verification code to finish your registration.
- Obtain an activation code (when needed). In some cases, STEPN will request an activation code to make a new account. You can obtain one at official STEPN social channels or through an already existing user.
- Link your STEPN wallet. On the bottom of the app, tap on the wallet icon. Tap on the button that reads “create a wallet” and follow the on-screen instructions.
- Top up your wallet. Deposit SOL, BNB, or ETH to the STEPN wallet.
- Buy STEPN NFT sneakers. Locate a sneaker using the filters that match the type of activity (walker, jogger, runner, or trainer) and your budget.
- Wait for energy to recover. When you buy a STEPN NFT sneaker, your energy bar will be filled (it restores 25% in 6 hours). Energy defines the limit of your daily earning capacity.
- Begin walking and earning. After you have recovered your energy, choose a sneaker and begin walking, jogging, or running to earn rewards.
STEPN Sneakers
STEPN NFT sneakers are resources that are necessary to receive crypto rewards in the STEPN application. There are four sneaker types:
- Walker
- Jogger
- Runner
- Trainer
Each sneaker is capable of supporting a certain speed range and earning rate. The respective energy per sneaker (GST) is,
- Walkers, 4
- Joggers, 5
- Runners, 6
- Trainers, 6.25
The important thing is to select the proper type, because running beyond the speed range of your sneaker decreases your performance.
There are four fundamental properties of each sneaker: efficiency (increases GST income), luck (enhances the possibility of encountering mystery boxes), comfort (increases GMT income and assists with HP at higher levels), and resilience (lowers wear and repair). Expenses). Regarding your goals, you distribute the points to these attributes as you level up.
The sneakers will have five attributes: Common, Uncommon, Rare, Epic, and Legendary. The quality sneakers are of higher attributes and earning power. Rainbow sneakers are special. They only earn GMT and cannot be repaired or improved. They are only used in advanced strategies.
You can buy STEPN sneakers on the STEPN marketplace, and the STEPN price is defined by rarity and attributes. You can earn more and improve your playing by upgrading and modifying your sneakers with the help of leveling and gems.
STEPN Tokens
STEPN has two major STEPN tokens, including Green Satoshi Token (GST) and Green Metaverse Token (GMT). The purpose of each STEPN coin is different. GST is used to earn and maintain, while GMT is used to govern and upgrade.
Green Metaverse Token (GMT)
GMT is the governing token. It enables users to vote for changes on the platform and participate in important decision-making. GMT is also applicable for the advanced sneaker upgrade, minting exclusive sneakers, and adaptable attributes. You can earn GMT only after your sneaker is at level 30. STEPN GMT is possible to exchange for USDC or other cryptocurrencies. Certain activities within the app burn GMT, which allows regulating the supply and sustaining the STEPN price.
The main uses of STEPN GMT are high-level sneaker upgrades and adaptation. It is also worth mentioning the minting of rare sneakers, premium features, governance voting, and swapping with other tokens. GMT enables the upgrading of sneakers to milestone levels. It increases the success of upgrading gems or even renaming sneakers and unlocks level activities. By holding and using GMT, you will have a say in which platform improvements interest you. GMT is a core to gameplay improvements and community governance in the STEPN app.
Green Satoshi Token (GST)
The primary utility token is GST. You earn GST by moving, walking, jogging, or running with NFT sneakers. You must have a STEPN app on your phone. GST is spent on repairing, upgrading, unlocking sockets, and minting new sneakers. Each time you use GST in the app, it is incinerated, and it assists in controlling inflation. The use of GST in STEPN is possible mainly via the repairing and upgrading of sneakers. GST is used for unlocking the socket, upgrading gems, minting new sneakers, and swapping them with USDC or other cryptocurrencies. The mentioned functions ensure that GST is a necessity to preserve and enhance your earning potential within the app and increase your NFT sneaker collection.
GST is attained immediately, whereas GMT is achieved at advanced sneaker levels. Both tokens can be traded in the exchanges or the STEPN wallet. Such a two-token economy makes STEPN crypto rewards dynamic and sustains daily play-and-earn and the long-term sustainability of the platform.
Earning with STEPN
STEPN is an app that gives users crypto rewards for walking or running outside in NFT sneakers. The application follows your movements through the GPS and phone sensors. In STEPN GST, income is determined by the energy and attributes of your sneakers, as well as the duration of walking or running.
The possible profits depend on the type of sneakers and mods. Walkers earn approximately 4 GST per energy, joggers 5 GST, runners 6 GST, and trainers 4 to 6.25 GST per energy. By upgrading sneakers and having a pair in your hand, you have more energy every day, which allows you to earn more. The properties of sneakers, such as efficiency and comfort, increase your reward when you level up.
To withdraw, transfer GST or GMT in your STEPN expenditure wallet to your principal wallet in the application. Next, save your tokens on an external exchange, e.g., Binance, by entering the correct address. There, you can swap your tokens for other cryptocurrencies or cash. Your mobility will be converted into real value.
STEPN App and Accessibility
STEPN can be downloaded on iOS and Android devices using the official App Store or Google Play. Its user interface is well-structured and uncluttered, and it is not difficult to follow the movement, manage sneakers, and check earnings. STEPN allows logging in to accounts via email or verification code. It has an in-app wallet and marketplace management.
To use STEPN, your phone needs to have at least iOS 13 or Android 9, because the old phones are incompatible with the app update. The application has a complicated design aimed at serving many different users; it has options such as font size adjustments and in-application tutorials to guide novice users. The STEPN app makes it simple and safe to handle all NFT transactions and gains, thus accessible to the majority of users.
Who Can Join STEPN?
To be a STEPN user, you must be 18+ (depending on the country). The application is compatible with iPhones, iPads, and other Android devices with GPS and internet connectivity.
STEPN can be downloaded in the majority of countries; however, users located in mainland China, the United States, Cuba, Iran, North Korea, Syria, Crimea, and some other states are blocked and cannot use the application and its services. Make sure that STEPN is permitted in your location by checking local legislation at all times. Besides that, you will have to purchase an NFT sneaker in the STEPN marketplace and connect a supported crypto wallet to begin earning rewards.
Is STEPN Safe and Legit?
Some of the security mechanisms used by STEPN to secure users are wallet encryption (with a 12-word recovery phrase) and the local storage of private keys in the STEPN wallet. The application also adheres to high standards of data privacy and has technical and administrative barriers against losing or misusing your data. This allows identifying cheaters or hacked accounts.
Regardless of these safeguards, there is a possibility of scams and phishing attacks within the move-to-earn sector. Hackers normally fabricate deceitful STEPN websites or mimic customer service employees to get hold of seed phrases and personal keys. In case someone accesses your recovery phrase or verification code, he or she can access your account and empty your funds. Be sure to go to the official STEPN app and site. Never give out your seed phrase. In case of any suspicion, kindly reach out to the STEPN support.
Conclusion
STEPN is leading the revolution of gamifying fitness with moves-to-earn STEPN crypto. It is already enjoying success with its play-to-earn mechanics, solid community, and growing ecosystem (STEPN marketplace, STEPN wallet), which attracts not only those who like to work out but also crypto users.
The STEPN app is a fantastic option to consider if you want to remain active and earn rewards in the process. It is a good time to check out the STEPN NFT sneakers and join the movement that is sweeping the globe and redefining fitness in the Web3 world.
FAQs
How do I repair my sneakers?
Click on the STEPN app and choose the option to repair your sneaker. Use the sliders to restore durability at a fee in GST. It is better to repair after every session so that your earnings remain high and your sneaker remains effective.
Is STEPN a good investment?
STEPN can give active users an earning opportunity; however, the STEPN price is highly risky and unstable. It may be suitable for high-risk tolerance. Research and invest wisely.
What are Gems and Sockets in STEPN, and how do they work?
Gems enhance the properties of sneakers, such as efficiency or luck. You put gems in sockets, which open as your sneaker gains a level. Sockets and gems of higher levels provide larger attribute bonuses, which assist you in earning more in the app.
Iryna Kovtiukh
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