Have you ever wondered about earning while walking down the street? We all have that imagination once now it became come true by Move-To-Earn Project by Stepn. So what is Move-To-Earn Project: What is Stepn? And how does Stepn work? In this article, we will explain about Move-To-Earn Project by Stepn. Stepn lets users earn cryptocurrency for exercising - giving them real rewards for walking, jogging, or running. But the gameplay is complicated.
Move-To-Earn Project: What is Stepn?
The first mobile earning mobile non-fungible token (NFT) game powered by the Solana blockchain is called STEPN. With STEPN, users can earn tokens by walking, jogging or running outdoors while wearing NFT sneakers. STEPN aspires to inspire better lifestyles by bringing millions of people into the Web3 era while helping to achieve carbon neutrality.
Built on Ethereum competitor Solana and created by app developer FindSatoshi Lab, Stepn is a smartphone app that lets users earn money by walking, jogging or running during narrow time periods refreshed every 24 hours.
Rewards come from Stepn's native cryptocurrency, Green Satoshi Tokens, or GST, and are credited to wallets created in-game or imported from outside. Players must first purchase NFT sneakers to play the game and then increase the amount of GST earned per session by upgrading their sneakers. These sneakers are non-fungible tokens (NFTs) that can be traded on the secondary market, and prices are already high, ranging from $400 to $100,000.
What is Move-To-Earn?
Mobile earning apps enable users to earn a passive income simply by performing daily exercises such as walking, jogging, and running. Gamification of move-to-earn works in a similar way to playing a game, with full control over in-game assets and the option to convert tokens into cryptocurrency or fiat. It gives new meaning to the term "investing in your health"!
The model essentially labels the actions of walking, jogging, and running, so instead of receiving useless achievement badges in existing fitness tracker apps, you'll be rewarded with Stepn coins (GST tokens). Stepn is the first product of its kind to use cryptocurrency to tokenize and reward physical activity.
How does STEPN work?
Users need to download STEPN application. Then they need to sign up for STEPN with their email address. After verification, users must connect their wallets to explore STEPN cryptocurrency.
You'll then be asked to buy what's actually an NFT for sneakers by depositing Solana's native token - SOL - into Stepn's in-app wallet. Sneaker energy is replenished every 24 hours, which in turn determines the number of minutes a user can exercise.
You can choose features for your sneakers, including comfort, elasticity, luck, and efficiency, which help your NFT sneaker energy cap. Energy is a measure of time. One unit of energy is equivalent to 5 minutes of time allotted to exercise. When you start, you are assigned a paltry two units that are replenished every 24 hours. This means that as a newcomer, you only have 10 minutes a day to earn GST.
I hope you now understand Move-To Earn Project: What is Stepn? What is Move-To-Earn. Any crypto investment depends on your goals and objectives for putting money into a project. If you don't know the vision of the protocol you're investing in, do a thorough market search.
