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.
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.
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:
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.