STEPN Token Soars 128% Following Web 3.0 Move-to-Earn Token Sale

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.

Yoyoyo Thor! This is a "game" where You can earn money for walk, jog, run or train. The higher effort You put in, the more money You'll make.

Every 6h energy is refilled and then You go out and burn that energy which make You earn $GST (the in-game token)

This is a $SOL project

— TheOtherDude (@2TheOtherDude) March 9, 2022

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.

Trailblazer rewards will be distributed between 15th and 17th March. This should distribute 0.75% of the total circulating GMT tokens to over 5,000 qualified users, an airdrop of about 45 million GMT tokens!
We would like to thank everyone's support, and please stay tuned! pic.twitter.com/uOcDo5qcxb

— STEPN | Public Beta Phase VI (@Stepnofficial) March 14, 2022

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:

Tested a 1km run with @Stepnofficial earned about $20 today. Going to increase this now to get over 10km. Will update! pic.twitter.com/N0s9dbXxM5

— Ran Neuner (@cryptomanran) March 9, 2022

One of my new fave play&earn games is @Stepnofficial.

It's Strava/MapMyRun meets GameFi. At a high level:

👟 you get a sneaker NFT.
🏃‍♂️ you either run, jog or walk each day via the app.
💰 you earn ~$30 per 10 mins of activity.

Here's a thread on how it all works… pic.twitter.com/zToXxkXG7i

— Matthew Howells-Barby Ξ mhb.eth (@matthewbarby) March 1, 2022

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.