Stepn Go: Enhancing Fitness Gaming with Social and Competitive Elements

By Investified May 24, 2024 In Bittensor, Ethereum, Gaming
Investified
  • Stepn Go integrates social features and an interactive map to boost community engagement and user experience.
  • The game incorporates the Go Gaming Token and a Haus System for NFT owners to lend digital sneakers and share rewards.
  • With partnerships and blockchain expansions, Stepn Go aims for broader adoption by linking physical activity with crypto rewards.
Source: Stepn Go

Stepn, the popular move-to-earn crypto game, is making strides with Stepn Go, enhancing user experience by adding social elements. This new version focuses on connecting community building and earning crypto with physical activity. 

It introduces the Go Gaming Token (GGT) and retains the core feature of rewarding NFT-owning players for their real-world movement. Additional features include the “Haus System,” which lets NFT owners lend their digital sneakers and share rewards, and an interactive map for users to leave messages and see others.

Source: Stepn Go NFT

Since its 2021 launch, Stepn has rewarded users with cryptocurrency for walking, jogging, or running with NFT sneakers. With over 5.6 million users and partnerships with Adidas, Steve Aoki, and Asics, Stepn has expanded its blockchain use to Ethereum and BNB Chain. 

The social features in Stepn Go address user requests, aiming for broader adoption. FSL co-founder Yawn Rong highlighted the excitement for these updates, which enhance the gaming experience and respond to community demands.

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Related: Move-To-Earn Token STEPN Has Soared 217x in 2022  

Set to release in alpha in Q3 2024, Stepn Go will offer 5,000 NFTs through a prize drawing to engage users further. This incentivises participation and strengthens community bonds. 

By blending fitness, social interaction, and blockchain technology, Stepn Go is set to attract those who value physical activity and digital innovation. With running culture exploding here in Australia over the last 12 months it will be interesting to see if it can take advantage of this trend.

Bittensor’s TAO Token Surges 15% Amid Grayscale Rumors”

Source: LinkedIn

The decentralised AI project Bittensor has seen a notable surge in its native token, TAO, which gained 20% in the past 7 days, driven by unconfirmed rumours of a new Grayscale trust tracking the token. 

Related: Nvidia Smashes Earnings Estimates, Fuels AI Boom and Altcoin Run

As of early Thursday morning, TAO was trading at $725 AUD, marking a 20% increase from the previous week, according to Crypto News Australia. These gains come amid widespread anticipation of moving forward with the partially approved spot Ethereum ETF the SEC.

The rumour about Grayscale potentially establishing a trust for TAO was highlighted by a pseudonymous Crypto Twitter user, CEYEBER, who claims to have confirmation from close sources. However, no official filings have been made with the SEC to support this claim. 

Source: https://x.com/EyeofCyber

Grayscale’s history of launching funds, such as the Grayscale Bitcoin Trust and more recently the Grayscale Bitcoin Mini Trust, typically involves specific regulatory filings, none of which currently mention Bittensor. Despite the lack of confirmation, the speculation has contributed to the token’s bullish momentum.

Beyond the rumours, Bittensor’s ecosystem has had other positive developments. The TAOBOT, a key component of Bittensor, was recently accepted into Akash Network’s LlaMa 3 API beta, which supports the latest open-source model from Meta AI. 

This integration allows users to test the model without creating an account, promoting accessibility and innovation. Additionally, the Taobot team has begun collaborating with the Bittensor Subnet 15 project, Blockchain Insights, to enable users to analyse blockchain data using simple language. 

This effort aims to streamline complex data queries across multiple blockchain networks, enhancing the functionality and user experience within the Bittensor ecosystem.

ETH Lifting The Entire Altcoin Space

Ethereum, affectionately known as the “mother of all altcoins,” has been shaking up the cryptocurrency world since it burst onto the scene in 2015. Unlike Bitcoin, which is essentially the digital equivalent of a gold bar under your mattress, Ethereum came along and said, “let’s do more with this blockchain thing.” 

And thus, the revolutionary platform for decentralised applications and smart contracts was born, under their fashion leader king Vitalik Buterin (see below image)

Source: CryptoPotato

As the top dog in the altcoin development arena, Ethereum’s triumphs and innovations often send ripples through the broader market. When Ethereum catches a cold, the entire altcoin market sneezes; or more accurately, when Ethereum gets an upgrade like Ethereum 2.0, the whole market gets a boost in investor confidence and excitement for blockchain technology

Ethereum has just taken off with a stunning 75% jump as the SEC tentatively approves the ETH ETF – This is massive news for the crypto world! Not only are we following in the steps of the BTC ETF but we are also doing it in the same fashion, running up the price really hard. 

Can we aim for $10,000 per ETH coin soon? This approval caught us a bit off guard, as we weren’t expecting it until later in the year. But hey, we’ll happily take the gains whenever they come. 

As you can see on the chart below, we navigated the descending channel for a few months before Ethereum decided to turn things around with an absolute fireworks display. After a brief retest at $3,000, it shot back up with a bang! 

Don’t forget to take profits! No one ever complained about that. 

Source: Tradingview

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Investified

Investified is an online education, research and community app designed to take everyday time-poor Australians from confused to confident with their crypto investing.

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