Stepn (GMT): Walk, Jog, And Earn To Stepn Up Your Game
What is Stepn (GMT)?
Stepn (GMT) is a pioneering mobile application that combines fitness with blockchain technology. It encourages users to lead a more active lifestyle and earn cryptocurrency at the same time as rewards. The platform uses Web3 to create a gamified experience where individuals earn Green Metaverse Tokens (GMT) through activities like walking, jogging, or running outdoors. This Web3 lifestyle app turns movement into financial rewards that benefit both physical health and digital engagement.
Who Created Stepn (GMT)?
Jerry Huang and Yawn Rong co-founded Stepn with the goal of promoting health through blockchain-based incentives. They aimed to develop a platform that not only encourages physical activity but also integrates seamlessly with the digital economy. Stepn gained recognition by securing 4th place among over 500 entries at the Solana Ignition Hackathon 2021 as a testament to its innovative potential.
What VCs Back Stepn (GMT)?
Stepn has attracted substantial investments from leading venture capital firms, including Sequoia Capital, Folius Ventures, and Binance. These funds have facilitated the app's development and expansion, enhancing its features and increasing its user base.
How Stepn (GMT) Works
Stepn operates on an innovative model with several mechanisms promoting both physical activity and financial gain through blockchain technology.
Promoting a Healthy Lifestyle
Stepn’s core innovation lies in its move-to-earn model, which motivates users to maintain an active and healthy lifestyle. By linking physical activity with financial rewards, Stepn fosters continuous engagement, making exercise not just a routine but a rewarding activity. This approach aligns users’ health goals with the digital economy to improve the living standards for players in many ways.
Community and Sustainability Impact
Stepn extends its benefits beyond individual users by contributing to broader sustainability goals. The app's engagement model encourages participation in collective fitness challenges and environmental initiatives. Through these activities, Stepn aims to inspire millions to adopt healthier lifestyles while also supporting environmental sustainability.
Real-Time Activity Tracking
The Stepn app monitors users' physical activities, such as walking, jogging, or running, in real-time. This seamless and precise tracking ensures every step counts towards earning rewards. The app’s advanced tracking capabilities allow users to engage in outdoor activities while the app records their movements and converts them into tangible rewards.
Earning and Utilising GMT Tokens
One of Stepn’s key features is its earning mechanism. Users with Stepn NFTs earn Green Metaverse Tokens (GMT) based on their physical activities. The amount of GMT earned depends on factors like the type of trainers worn, the user’s activity level, and movement efficiency. The earned GMT tokens have multiple uses within the Stepn ecosystem. Users can spend these tokens on in-app purchases to enhance their experience and capabilities. Additionally, GMT tokens can be traded on cryptocurrency exchanges, providing liquidity and potential financial growth. Users can also reinvest their GMT tokens into the platform to upgrade their trainers and boost future earnings and performance.
GMT Goes Live on Bitget
While the concept of move-to-earn has evolved, Stepn's innovative approach sets a new benchmark. Its integration of real-time activity tracking and token earning mechanisms offers a compelling alternative to traditional fitness apps. With unique features and strong backing from top venture capitalists, Stepn encourages millions to adopt healthier living. Join Stepn today with Bitget and make your steps count!
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Step 1: Go to GMTUSDT page
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Disclaimer: The opinions expressed in this article are for informational purposes only. This article does not constitute an endorsement of any of the products and services discussed or investment, financial, or trading advice. Qualified professionals should be consulted prior to making financial decisions.
