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Getting Paid to Move? An In-Depth Look at STEPN for Beginners

Join experienced crypto journalist John and his eager assistant Lila as they explore the world of STEPN, the popular move-to-earn fitness application.

Introduction

John: Welcome, everyone, to our latest dive into the fascinating world of GameFi. Today, we’re lacing up our virtual sneakers to explore STEPN, a project that genuinely turned heads by rewarding people for something as simple as walking or running.

Lila: I’ve heard so much about STEPN! The idea of earning cryptocurrency just by getting my daily steps in sounds almost too good to be true. Is it really that straightforward, John?

John: It’s a compelling concept, Lila, and one that captured the imagination of millions. STEPN is a Web3 lifestyle app that pioneered the “move-to-earn” or M2E model. According to a Chainwire report from November 2024, STEPN had already attracted over 5.7 million registered users (Source 18). It essentially gamifies fitness, encouraging a healthier lifestyle through tangible crypto rewards.

Lila: Wow, 5.7 million users! That’s impressive. So, it’s not just a niche crypto thing; it has mainstream appeal. But “Web3,” “M2E”… can we break those down a bit for our readers who might be new to this space?

John: Absolutely. “Web3” refers to the next iteration of the internet, emphasizing decentralization, blockchain technologies, and user ownership of data and assets. Think of it as an internet where users have more control. “Move-to-Earn” (M2E) is a subset of “Play-to-Earn” (P2E), where users earn rewards, typically in cryptocurrency or NFTs, for engaging in physical activities tracked by the application.

Lila: Got it! So, STEPN uses this Web3 tech to make exercising rewarding. I’m excited to learn how it all works under the hood.

Overview & Key Features

John: At its core, STEPN allows users to earn in-game currency by walking, jogging, or running outdoors. The key to participation is owning a pair of NFT Sneakers – digital collectibles that you purchase within the app.

Lila: NFT Sneakers? So, like digital shoes that have actual value? What are NFTs, exactly, for anyone wondering?

John: Precisely. An NFT, or Non-Fungible Token, is a unique digital asset registered on a blockchain. This means its ownership and authenticity can be verified. In STEPN, these NFT Sneakers aren’t just pretty pictures; they have distinct attributes that affect your earning potential and gameplay.

Lila: Attributes? Like in a video game character? This is where the “GameFi” (Game Finance) part comes in, right?

John: Exactly. STEPN isn’t just a fitness tracker; it’s very much a game. Each Sneaker has several key attributes:

Efficiency: This is a crucial one, as it directly impacts how much of the utility token, Green Satoshi Token (GST), you earn per unit of Energy spent.
Luck: A higher Luck attribute increases your chances of receiving Mystery Boxes while moving. These boxes can contain GST, Gems for upgrading Sneakers, or other items.
Comfort: This attribute primarily affects the earning of the governance token, Green Metaverse Token (GMT), which becomes relevant once your Sneaker reaches Level 30.
Resilience: Your Sneakers have durability. The higher the Resilience, the slower your Sneaker wears out, meaning lower repair costs. Repairing Sneakers costs GST.

Lila: That’s quite a bit to consider! So, different sneakers will be better for different things. And what’s this “Energy” you mentioned?

John: Energy is the resource that allows you to earn while moving. One unit of Energy typically equates to five minutes of move-and-earn activity. Your maximum Energy capacity depends on the number and rarity (or “quality”) of the NFT Sneakers you own. You start with a small amount of Energy, and it replenishes gradually over time, usually every 6 hours, 25% at a time.

Lila: So, you can’t just run a marathon on day one and earn a fortune? There’s a limit to how much you can earn daily based on your Energy.

John: Correct. This is a common mechanic in GameFi to balance the economy. Beyond these attributes, Sneakers also come in different Types, designed for various exercise intensities:

Walker: Optimal speed is 1-6 km/h. Earns a base GST rate.
Jogger: Optimal speed is 4-10 km/h. Earns more GST than a Walker.
Runner: Optimal speed is 8-20 km/h. Earns even more GST.
Trainer: Optimal speed is 1-20 km/h. This offers flexibility, earning GST across a wide range of speeds, but the base GST earning rate varies depending on the actual speed.

It’s important to stay within the optimal speed range for your chosen Sneaker type to maximize earnings.

Lila: That makes sense – it encourages consistent, specific types of exercise. And I saw on the App Store (Source 2) that STEPN is described as a “Web3 running app with fun game and social elements.” What are some of these other game elements?

John: Good question. Besides the core loop of moving and earning, there’s:

Sneaker Leveling: You can spend GST to level up your Sneakers, from Level 0 up to Level 30. Each level-up can improve attributes or unlock new features, like Gem Sockets or the ability to earn GMT.
Sneaker Minting: If you own two Sneakers (both at least Level 5), you can “mint” a new Shoebox, which will contain a new Sneaker. This process costs GST and potentially GMT, depending on the Sneaker qualities.
Gems and Sockets: Sneakers can have Sockets where you can insert Gems to boost specific attributes. Gems also have different types (corresponding to attributes) and levels. You can upgrade Gems by combining three identical ones.
Mystery Boxes: As mentioned, these are random drops you can get while moving if your Luck attribute is high enough. They contain rewards.
Badges: Earned by completing certain in-game tasks or achievements. Some badges might offer gameplay perks, though this feature has evolved.
Leaderboards: As noted in community discussions on Reddit (Source 5), STEPN features leaderboards that reward performance based on factors like distance and energy usage, adding a competitive edge.

Lila: It sounds like a very detailed game layered on top of a fitness app! Minting new sneakers, collecting gems… it definitely feels like more than just tracking steps. And what about the social side?

John: The social elements are indeed a growing part of the ecosystem. The main STEPN app has community links, and there’s a newer app from the same creators called STEPN GO. According to their official X account (@Stepnofficial, Source 1) and Instagram (@stepncom, Source 3), STEPN GO is a “new social lifestyle app” designed to help you earn rewards, stay active, and invite friends. It emphasizes features like “The Haus,” which allows users to lend their Sneaker or Energy to friends and family, according to the STEPN GO whitepaper (Source 10).

Lila: Lending sneakers! That’s a cool idea, especially if the entry cost for a sneaker is high. It makes it more accessible for new users to try it out with the help of a friend.

Technical Elements

John: For a move-to-earn app like STEPN, reliable tracking and anti-cheating measures are paramount. STEPN primarily uses your phone’s GPS to track your movement and determine if you’re walking, jogging, or running outdoors.

Lila: So, no treadmills, I assume?

John: Correct. The system is designed for outdoor activity. A strong GPS signal is crucial. The STEPN whitepaper (Source 13) explains a state called “Moonwalking.” This status appears if the app detects a weak GPS or internet signal, or if it suspects non-organic movement – for example, if you’re on an e-scooter or, as they humorously note, strap your phone to your dog.

Lila: Haha, strapping it to your dog! I can see why they’d need to prevent that. So if you’re “Moonwalking,” you don’t earn rewards?

John: That’s right. No earnings are generated during Moonwalking, and you might not even lose Energy, depending on the circumstances. It’s one of their core anti-cheating mechanisms. They also have other systems, like AI-driven data analysis, to detect and penalize users attempting to game the system.

Lila: That’s good to know they take cheating seriously. It keeps the game fair for everyone. What about the app itself? Is it easy to use?

John: The app is available on both iOS (Source 2) and Android. Generally, users find it relatively intuitive. It has a built-in wallet to store your crypto and NFTs, and a marketplace to trade Sneakers. The user interface displays your Energy, current GST/GMT earnings for a session, speed, and Sneaker status.

Lila: A built-in wallet and marketplace sound convenient. So you don’t need to be a crypto expert to manage your assets?

John: It simplifies things, yes. However, understanding basic wallet security, like protecting your seed phrase (a recovery password for your crypto wallet), is still vital. The app guides you through creating or importing a wallet.

John: Another technical aspect is the “Energy System” we touched upon. Your total Energy cap is determined by how many Sneakers you own and their quality (Common, Uncommon, Rare, Epic, Legendary). For instance, owning 1 Sneaker gives you 2 Energy (10 minutes of earning time). Owning 3 Sneakers might give you 4 Energy (20 minutes), and so on. Rarer Sneakers add bonus Energy to your cap. This energy replenishes by 25% every 6 hours until it’s full.

Lila: So, the more invested you are in terms of owning multiple or rarer sneakers, the more potential earning time you have each day. What about sneaker “health”? You mentioned “Resilience” and repairs.

John: Yes, every time you use a Sneaker for a move-and-earn session, its Durability decreases. If Durability falls too low (e.g., below 50/100), the Sneaker’s efficiency in earning tokens drops significantly. If it hits 0/100, it can’t be used to earn. You need to spend GST to repair your Sneakers and restore their Durability. Higher Resilience means the Durability drops slower, thus reducing repair costs over time.

Lila: It’s a whole mini-economy within the game! Earn GST, spend GST on repairs and upgrades, all while actually exercising. It’s quite clever.

NFT & Blockchain Usage

John: Let’s delve deeper into the blockchain and NFT aspects. As we’ve established, the Sneakers are NFTs. STEPN initially launched on the Solana blockchain, which is known for its speed and low transaction fees. This was a key factor in its early growth, making in-game transactions like buying, selling, and minting Sneakers relatively affordable.

Lila: Solana! I’ve heard of that one. It’s one of the major blockchains, right? Is STEPN still only on Solana?

John: While Solana was its first home, STEPN has expanded its reach. According to the official STEPN Litepaper (accessible via stepn.com), the app now operates on multiple blockchains, what they refer to as different “Realms.” These include:

Solana (SOL): The original chain.
BNB Chain (BNB): Formerly Binance Smart Chain, another popular blockchain with lower fees compared to Ethereum.
Ethereum (ETH): Specifically, they launched an “APE Realm” on Ethereum, in partnership with the ApeCoin community.

Each Realm functions somewhat independently, with its own GST price and Sneaker market, though GMT is intended to be a cross-realm token.

Lila: Multiple chains! That’s interesting. So, if I buy a Sneaker, is it tied to one specific chain, or can I move it around?

John: Typically, assets like Sneakers are tied to the Realm (and thus the blockchain) where they were minted or purchased. Moving assets between chains (cross-chain transfers) can be complex and isn’t always a standard feature for in-game NFTs unless specifically implemented by the developers. For STEPN, you’d generally operate within the Realm you choose to start in.

Lila: Okay, that makes sense. Now, about those tokens – GST and GMT. You mentioned GST is a utility token and GMT is a governance token. Can you elaborate?

John: Certainly. STEPN employs a dual-token economy:

GST (Green Satoshi Token): This is the primary utility token you earn for moving. It has an unlimited supply, which means more can always be created. To manage inflation, GST has many “burn” mechanisms – ways it’s removed from circulation. You spend GST for almost all in-game activities: repairing Sneakers, leveling them up, minting new Sneakers, upgrading Gems, and unlocking Sockets. The price of GST can vary significantly between different Realms (Solana GST, BNB GST, ETH GST).
GMT (Green Metaverse Token): This is the governance token of the STEPN ecosystem. GMT has a finite supply – 6 billion tokens in total. GMT earning is typically unlocked for Sneakers that are Level 30. It’s used for governance (voting on project decisions, though this aspect is often developed over time), and for certain high-level in-game activities like minting Rare, Epic, or Legendary Sneakers, permanently increasing GST earning caps, redistributing staking rewards, and some advanced Sneaker customization features like renaming.

The KuCoin learning portal (Source 4) also highlights GMT’s role in letting you earn while getting fit, emphasizing its part in the overall ecosystem.

Lila: So GST is for daily game actions, and GMT is more for high-level stuff and having a say in the project’s future. The unlimited supply of GST sounds a bit concerning for its value, though. How do they keep it stable?

John: That’s a critical point in many GameFi economies. The value of GST heavily depends on the balance between its generation (users earning it) and its consumption (users spending it on in-game activities). If more GST is being earned than spent, its price can fall. The developers aim to create enough compelling GST sinks (uses) to maintain demand. This is an ongoing challenge for all P2E and M2E projects.

Lila: Where can users trade these tokens and the NFT Sneakers?

John: GST and GMT are listed on many major cryptocurrency exchanges like Binance, KuCoin (Source 4), Coinbase (Source 19), and others. Users can trade them for other cryptocurrencies or fiat money there. NFT Sneakers are primarily traded on STEPN’s in-app marketplace. There might also be third-party marketplaces that support STEPN NFTs, such as MOOAR, which was mentioned for a STEPN raffle mint (Source 12). When trading, users need the native currency of the blockchain they are on – SOL for Solana, BNB for BNB Chain, or ETH for Ethereum – to pay for transaction fees (often called “gas fees”).

Lila: So many layers! Blockchain choice, two different tokens, NFT attributes… it’s definitely a deep system.

Getting Started

John: For readers interested in trying STEPN, let’s outline the basic steps to get started. It does require an initial investment, which is important to note.

Lila: Yes, how does someone actually begin? Do I just download an app?

John: Pretty much. Here’s a general guide:

Download the STEPN App: It’s available on the Apple App Store (Source 2) for iOS and Google Play Store for Android.
Sign Up: You’ll need to create an account, usually with an email address. In the past, STEPN used an activation code system to manage user growth, but this requirement may vary, so check the app or official community channels for the current status.
Set Up a Wallet: The app has a built-in decentralized wallet. You’ll need to create a new one or import an existing compatible wallet. Crucially, secure your wallet’s seed phrase (recovery phrase) offline and never share it. This phrase is the only way to recover your assets if you lose access to your device.
Choose Your Realm: Decide which blockchain (Solana, BNB Chain, or Ethereum APE Realm) you want to start on. This will affect which cryptocurrency you need to buy for your first Sneaker and for gas fees.
Acquire Native Cryptocurrency: You’ll need the native token of your chosen Realm. For example, SOL for the Solana Realm, BNB for the BNB Chain Realm. You can buy these on major cryptocurrency exchanges.
Transfer Crypto to Your STEPN Wallet: Send the purchased cryptocurrency from the exchange to your in-app STEPN wallet address. Be very careful to select the correct network for the transfer (e.g., Solana network for SOL, BEP-20 for BNB on BNB Chain).
Buy an NFT Sneaker: Head to the in-app marketplace. Browse available Sneakers, considering their type (Walker, Jogger, etc.), attributes, level, quality, and price. Prices are typically listed in the Realm’s native currency (e.g., SOL, BNB, or ETH for APE Realm).
Start Moving: Once you have a Sneaker and some Energy (it replenishes automatically), you can start your first move-and-earn session. Ensure your GPS is on and you have a stable internet connection.

Lila: That’s a helpful step-by-step. The initial crypto purchase and transfer might be a hurdle for complete beginners, but having the wallet and marketplace in-app simplifies the later stages. What kind of costs are we talking about for a Sneaker?

John: Sneaker prices are highly volatile and depend on market demand, the price of the underlying cryptocurrencies (SOL, BNB, GMT), and the Sneaker’s attributes and rarity. At times, the entry cost has been quite low, perhaps tens of dollars, while during peak hype, common sneakers could cost hundreds or even thousands of dollars. It’s essential to check the marketplace for current prices before committing. Remember, this is an investment, and like all crypto-related investments, it carries risk.

Lila: So, it’s really important to do your own research (DYOR!) and only invest what you can afford to lose. And what about those activation codes you mentioned?

John: During periods of rapid growth, STEPN implemented an activation code system to manage the influx of new users and ensure server stability. These codes were often shared by existing users. Whether this system is currently active can change, so it’s best to check the official STEPN Discord or Telegram communities for the latest information on acquiring one if it’s needed.

Lila: Good tip! Joining the community seems like a good idea anyway to stay updated.

Reputation & Reviews

John: STEPN certainly made a huge splash in the Web3 space. It was one of the first M2E apps to gain significant traction and brought the concept to a wider audience. As we noted, it boasted over 5.7 million registered users by late 2024 (Source 18), which is a testament to its appeal.

Lila: What did people praise it for the most?

John: The primary praise, of course, was its innovative approach to incentivizing fitness. Many users reported genuinely increasing their physical activity levels because of the app. The gamification elements – leveling up, collecting, minting – also made exercise feel more engaging for some. The app interface is generally considered polished, and the initial earning potential during its boom phase was very attractive.

Lila: It does sound like a great motivator! On the App Store, it has a 4.2 average rating (Source 2), which is pretty good for an app dealing with crypto, as those can sometimes be complex and have a steeper learning curve.

John: Indeed. However, like many GameFi projects, especially those with “to-earn” mechanics, STEPN has also faced its share of criticism and challenges.

Lila: Oh? What kind of criticisms?

John: One major point of discussion has always been the sustainability of its economic model. The value of the rewards (GST and GMT) is subject to market forces and can be very volatile. When token prices fall, user earnings in fiat terms decrease, which can dishearten users who joined primarily for the financial aspect. The price of GMT, for example, was around $0.0606 in late May 2025 (Source: Coinbase, via SERP 19) and $0.059 in early April 2025 (Source: The Block, via SERP 8) – but these prices can change rapidly. It’s crucial for users to check current prices on reliable trackers.

Lila: That makes sense. If the token you earn loses value, the “earn” part becomes less appealing. This must be a big challenge for all M2E games.

John: Precisely. Another common criticism was the high barrier to entry at certain times. When STEPN was at its peak popularity, the floor price (cheapest available) for an NFT Sneaker could be very high, making it inaccessible for many. While prices have since come down significantly, this initial cost is still a factor.

John: There were also concerns about the inflationary nature of GST. Since it has an unlimited supply and is constantly being generated by users, maintaining its value requires a delicate balance of sinks (ways to spend it). If user growth slows or existing users earn more GST than they spend, the token price can decline. The developers have introduced various mechanisms to try and manage this, but it’s an ongoing process.

Lila: So it’s a bit of a balancing act for the developers. And I imagine changes to the game mechanics or earning rates, even if meant to improve long-term sustainability, could upset some users?

John: Yes, any adjustments to earning rates, repair costs, minting formulas, or energy systems can impact users directly and sometimes lead to community backlash. The developers have to navigate these changes carefully. Furthermore, regulatory uncertainty in the crypto space is a broader risk that affects all Web3 projects.

Lila: Despite these challenges, it sounds like STEPN has still managed to build a large community and get people moving. The fact that they are still developing and even launching new related apps like STEPN GO (Source 1, 3, 11) suggests they are in it for the long haul.

John: That’s a fair assessment. They’ve shown resilience and a willingness to adapt. The move-to-earn sector is still young, and projects like STEPN are essentially pioneers, figuring things out as they go. The community aspect, often highlighted on their Facebook groups (Source 9) and other social channels, plays a big role in user retention and engagement.

Q&A

Lila: This has been super informative, John! I have a few specific questions that some of our readers might also be wondering about.

John: Let’s hear them.

Q1: Can you explain a bit more about how the blockchain ensures my NFT Sneaker is truly mine and can’t just be copied?

John: That’s an excellent question that gets to the heart of what makes NFTs valuable. When you acquire an NFT Sneaker in STEPN, its ownership is recorded on a public, distributed ledger – the blockchain (be it Solana, BNB Chain, or Ethereum). Think of the blockchain as a giant, shared, and immutable spreadsheet that everyone can see but no single entity controls.

Lila: Immutable meaning it can’t be changed?

John: Correct. Once a transaction, like your purchase of a Sneaker, is confirmed and added to the blockchain, it cannot be altered or deleted. Your Sneaker is represented as a unique token with a specific ID, and your crypto wallet (the one you set up in the STEPN app) holds the private key that proves you are the owner of that token. So, while someone could take a screenshot of your Sneaker’s image, they can’t replicate its unique token ID or transfer ownership of the actual NFT without access to your private key. This verifiable ownership and scarcity are what give NFTs their value.

Lila: So, the blockchain acts like a global, transparent, and super-secure notary for digital items. That’s pretty cool!

Q2: You mentioned GST and GMT. If I earn these tokens, how do I actually turn them into, say, US dollars or Euros?

John: Another practical and important question. The process involves a few steps, typically using a cryptocurrency exchange:

Transfer Tokens to an Exchange: First, you’d need to send your GST or GMT from your STEPN in-app wallet to a personal wallet on a cryptocurrency exchange that lists those tokens (e.g., Binance, KuCoin, Coinbase). This is similar to transferring crypto to your STEPN wallet, but in reverse. You’ll need the exchange’s deposit address for GST or GMT on the correct blockchain.
Trade for a Stablecoin or Major Cryptocurrency: Once the tokens are on the exchange, you can trade them. Often, people trade smaller tokens like GST or GMT for a more widely accepted cryptocurrency like Bitcoin (BTC) or Ethereum (ETH), or for a stablecoin like USDT or USDC (which are pegged to the US dollar).
Sell for Fiat Currency: After converting to a major crypto or stablecoin, you can then sell that for your local fiat currency (USD, EUR, etc.) on the exchange. Most exchanges offer direct bank transfers or other withdrawal methods.

It’s important to be aware of transaction fees at each step – within STEPN for sending tokens out, on the blockchain network, and on the exchange for trading and withdrawal. Also, the value you get will depend on the current market prices of GST/GMT when you sell.

Lila: So, it’s not instant cash in your bank, but there’s a clear pathway if you want to realize your earnings. Good to know!

Q3: What happens if I buy a Sneaker and then decide STEPN isn’t for me? Can I sell my NFT Sneaker?

John: Yes, absolutely. The NFT Sneakers are assets that you own, and you have the right to sell them. You can list your Sneaker for sale on the STEPN in-app marketplace. You would set your desired price in the native currency of that Realm (SOL, BNB, or ETH for APE Realm). If another user purchases your Sneaker, the funds (minus a marketplace fee, typically around 6%) will be credited to your in-app wallet.

Lila: So there’s a secondary market. Is it easy to sell them? And do they hold their value?

John: The ease of sale and the value retention depend heavily on market conditions, the attributes and rarity of your specific Sneaker, and the overall sentiment towards STEPN and the M2E sector. During high-demand periods, Sneakers might sell quickly and even at a profit. During market downturns or if sentiment is low, it might take longer to sell, and you might have to sell for less than you paid. Like any collectible or asset, prices fluctuate. Some users also look to third-party marketplaces, though the in-app one is the primary hub. Always check current market conditions and Sneaker floor prices before listing.

Lila: That makes sense. It’s like any market, really – supply and demand. Thanks, John, those clarifications are really helpful!

Developer Info

John: It’s always good to know who is behind a project. STEPN was developed by a fintech studio based in Australia called Find Satoshi Lab.

Lila: Find Satoshi Lab? Any known figures or previous successes?

John: The team has backgrounds in blockchain, game development, and sports science. While STEPN is their most prominent success, their ability to scale it rapidly and attract millions of users speaks to their capabilities. They also secured venture capital funding from some well-known names in the crypto investment space, which helped fuel their initial growth.

Lila: What about tech partners? You mentioned the APE Realm on Ethereum involved ApeCoin.

John: Yes, the APE Realm was a significant partnership, integrating with the ApeCoin ecosystem, which is linked to the popular Bored Ape Yacht Club NFT collection. This showed an effort to tap into established Web3 communities. They also partnered with MOOAR, an NFT marketplace, for certain events like the Brave x STEPN Raffle Mint (Source 12). Such collaborations are common in the Web3 space to expand reach and utility.

Lila: And their roadmap? What are they focusing on now? The launch of STEPN GO (Source 1, 3, 11) seems to be a big recent development.

John: Indeed. The introduction of STEPN GO, focusing on social fitness, indicates a strategic direction towards broadening the app’s appeal beyond just individual earning. Features like “The Haus” for Sneaker lending (Source 10) aim to lower entry barriers and foster community. Generally, roadmaps in crypto can be dynamic, but common themes for established projects like STEPN include:

Improving tokenomics: Continuously finding ways to balance GST/GMT generation and sinks for long-term sustainability.
Enhancing anti-cheating measures: Staying ahead of attempts to exploit the system.
Adding new gameplay features: Keeping the experience fresh and engaging. This could include new game modes, new NFT types, or expanded social interactions.
Exploring further partnerships: Collaborating with other brands or projects.
Expanding multi-chain support or interoperability: Potentially making assets or experiences more fluid across different blockchains.

Their official channels, like their X (formerly Twitter) account @Stepnofficial (Source 1) and website (stepn.com), are the best places to find the latest roadmap updates and announcements. For example, they sometimes announce token unlock and vesting schedules, which can be relevant for GMT holders (Source 17).

Lila: It sounds like they are actively working on evolving the platform. The social angle with STEPN GO is particularly interesting.

Summary

John: To sum up, STEPN has been a trailblazer in the move-to-earn space. It successfully combined NFT ownership, gamified fitness, and cryptocurrency rewards to encourage millions to adopt a more active lifestyle. Users purchase NFT Sneakers and earn tokens like GST and GMT by walking, jogging, or running outdoors.

Lila: It’s a complex system with different sneaker types, attributes, energy mechanics, and a dual-token economy operating across multiple blockchains like Solana, BNB Chain, and Ethereum. And it’s not just a fitness app; it’s a full-fledged GameFi experience with leveling, minting, and collecting!

John: Precisely. Key features include its NFT Sneakers with varied attributes, the Energy system limiting daily earning, robust anti-cheating mechanisms like GPS tracking and “Moonwalking” detection, and an in-app marketplace. The newer STEPN GO app aims to enhance the social aspects of the ecosystem.

Lila: While it offers an innovative way to earn and get fit, potential users should be aware of the initial investment required for a Sneaker, the volatility of crypto rewards, and the ongoing economic balancing act inherent in M2E models. The community is large, and the developers, Find Satoshi Lab, seem committed to its evolution.

John: Well said, Lila. It’s a fascinating project that has already left a significant mark. Whether it maintains its momentum long-term will depend on its ability to adapt, innovate, and provide sustainable value to its users.

References

The information in this article was sourced from the official STEPN website (stepn.com), its whitepapers, and the following publicly available resources (SERP results provided):

1. STEPN GO (@Stepnofficial) / X (twitter.com/stepnofficial)
2. STEPN on the App Store (apps.apple.com)
3. STEPN GO (@stepncom) • Instagram (instagram.com/stepncom)
4. How STEPN (GMT) Lets You Earn While Making You Fit (kucoin.com)
5. How does this even work : r/StepN (reddit.com/r/StepN)
6. STEPN (GMT) – The Giving Block (thegivingblock.com)
7. Stepn: Move-to-Earn on Solana (solanacompass.com)
8. STEPN Price: GMT Price Index and Live Chart (theblock.co)
9. STEPN Facebook Community (facebook.com/groups/stepn)
10. The Haus – STEPN GO Whitepaper (go-whitepaper.stepn.com)
11. STEPN GO Crypto Game | Play & Earn … (gam3s.gg)
12. STEPN GO (@Stepnofficial) on X (twitter.com/Stepnofficial/status/1925925689217159548 – referring to MOOAR mint)
13. GPS, Moonwalking & Airwalking – STEPN Whitepaper (whitepaper.stepn.com)
14. Latest #STEPN News, Opinions and Feed Today (binance.com/en/square/hashtag/STEPN)
17. STEPN (GMT) Token Unlocks and Vesting (cryptorank.io)
18. STEPN Apps Community broke TWO GUINNESS WORLD … (chainwire.org)
19. Convert and Swap STEPN GMT to United States Dollar USD (coinbase.com)

STEPN: Walk, Run, Earn Crypto – A Beginner’s Guide to Move-to-Earn