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In simple terms, STEPN is an app that lets users earn money as they move. However, STEPN stands out by incorporating blockchain, cryptocurrencies, and NFTs into its model. The project aims to encourage a healthier lifestyle by merging Web3.0 capabilities with user engagement.
What is STEPN (GMT)?
As a move-to-earn application, STEPN combines Social-Fi and Game-Fi elements. The Game-Fi initiative of STEPN relies on its Social-Fi component to create a robust platform supporting user-generated Web3 content. Moreover, the app aims to promote a healthy lifestyle, combat climate change, and encourage the adoption of Web3 among its users.
Users who acquire sneakers as NFTs can earn GST by walking or running. GST can also be used for minting new sneakers and leveling up within the game. Additionally, players can rent or sell their NFT sneakers in the in-app marketplace.
Furthermore, STEPN features a dual-token economy, with GMT acting as a governance token alongside GST. According to the team, a dual-token system is employed to prevent regulatory confusion and offer an easier user experience.
- GST: Green Satoshi Token
- GMT: Green Metaverse Token
To earn and participate freely, users have access to three STEPN game modes: solo, marathon, and background mode. While sneakers are necessary to start earning, no requirements are needed to start walking or running. New users can also use a free trial of the app and all its features.
In addition, due to the limited supply of tokens, STEPN uses a burning mechanism. As explained, this burn mechanism is applied through various in-app activities to reduce the circulation of both GMT and GST tokens.
Where to Buy GMT Coin?
GMT Coin can be safely bought and sold on Binance, the world’s largest cryptocurrency exchange by trading volume. GMT Coin is available on the Binance platform with pairs like GMT/BTC, GMT/ETH, GMT/BNB, GMT/USDT, and GMT/BUSD.
To purchase GMT, you must first register with Binance. Once registration is complete, transfer either cryptocurrency or fiat currency to your Binance wallet. After the transfer, you can purchase GMT Coin from the mentioned pairs. For purchasing via the GMT/USDT pair, navigate to its interface. Enter the desired amount in the limit section and proceed with the purchase by placing a Buy GMT order.
