STEPN Move-to-Earn: Jump Start To Knowledge

Humans are active. Our ancestors were always moving in the past. Whether hunting for food, making a shelter, or fleeing predators, we’re always moving. Using energy is “according to the original design.” In our modern lifestyle, we use our bodies in ways they weren’t built for, like sitting all day, which has become the norm. While we don’t need to revert to our ancestors’ lifestyle, it would be stupid to abandon the exercise. Take up fitness.

Included in this multibillion-dollar sector are workout equipment, gyms, personal trainers and coaches, health supplements, etc. In each of these instances, the industry earns from our payment for fitness assistance. What if we were compensated for exercising? This is essentially the motivation behind Move2Earn, the newest trend to strike the crypto world and the most recent attempt to grab general notice, which will ideally lead to widespread adoption.

StepN is well ahead of the multitude of other dApps aiming to capitalize on this wave. Let’s take a deeper look at the STEPN.

What Is STEPN? 

The app is essentially a step counter with additional features for earning cryptocurrency. Designed as a smartphone application, it tries to motivate users to exercise by allowing them to earn crypto tokens. These tokens can only be obtained by possessing an NFT shoe, which can be purchased via the app’s marketplace.

It was the winner of the Gaming area of the Solana Ignition Hackathon. Additionally, it was the only mobile gaming software to win in its category. This victory helped the company attract the interest and money of some heavy-duty investors.

If you’re curious about what all the commotion is about, let’s take a closer look at how everything operates. The app is essentially a step counter with additional features for earning cryptocurrency. Designed as a smartphone application, it tries to motivate users to exercise by allowing them to earn crypto tokens. These tokens can only be obtained by possessing an NFT shoe, which can be purchased via the app’s marketplace.

It was the winner of the Gaming area of the Solana Ignition Hackathon. Additionally, it was the only mobile gaming software to win in its category. This victory helped the company attract the interest and money of some heavy-duty investors.

Is This Game Worth Your Time?

STEPN is a game that allows you to both make money and take care of your health. It’s difficult to get started in this game because the bar is so high. An NFT item, which costs between 2.5 and 10 SOL, or £243 to £972, is required to begin playing. In the first two to three weeks of using the software, the developers say, the investment pays off. In fact, it will happen sooner if you lead an active lifestyle. As soon as it happens, you can start making money. This undertaking is well worth your time.

Play-to-Earn in STEPN: How do I do it?

Solo mode is the only mode that is currently offered in the STEPN app. Marathon and background modes are currently being worked on.

GST tokens are given to players in solo mode as a reward for traveling around in the real world. For every 5 minutes of movement, 1 unit of virtual energy is used. Once you purchase NFT trainers, all of these steps begin. Tokens are not earned if the energy level is 0.

Payment of GST tokens and, eventually, GMT, will be made based on the following criteria:

• Trainers’ levels and qualities. Those that are more efficient cost more. Notably, from levels 0 to 29, users can only earn GST, but beginning at level 30, they can convert to earning GMT if they so want.
• Trainer comfort criterion. The greater its value, the greater the tokens received per minute.
• Running Speed. Maintaining the proper speed range for the trainer is required. If you depart from the plan excessively, your earnings could be decreased by up to 90 percent.

After running out of energy, earnings stop. Then, you can exit solo mode manually by pressing the Stop button.

StepN Wallet

The app comes with a wallet that may be used to store GST, GMT, and SOL tokens, among other things. A Spending account and a Wallet account are separate concepts. Think of it as a savings and checking account in one. Using the seed phrase, you can either create a new wallet or import an existing one.

Risk of Playing STEPN

The very location of the project on Solana is one of its risks. Since late last year, the number of Solana network failures has been gradually increasing. In a sense, it is a victim of its own popularity, similar to Ethereum’s gas costs. Outages on the Solana blockchain effect all dApps in its ecosystem, including StepN. There were notifications in the Discord server informing users that their assets would not display in the wallet, or that transactions during a Solana outage could result in a delay in payments coming, etc.

Despite the fact that the Solana team has no influence over this factor, it will impact the user experience nonetheless. Consequently, they have also taken moves to expand to other blockchains. The next contender is the Binance Smart Chain. There have been a few hiccups in the beginning, but let’s hope that things will improve in the future.

The absence of a CTO on the leadership team also causes me some concern, especially given that the present team members do not appear to have good blockchain development experience. It may not be a major issue, but I believe it is worth mentioning.

What’s Next for STEPN?

Sneaker rental is another highly-anticipated addition, along with GMT betting and new game styles. Buy an NFT sneaker to gain points. Even with the depressed market driving SOL to lows not seen since August 2021, a shoe still costs a few hundred dollars, more than most people would buy.

StepN aims to get millions moving with a zero-barrier app. Given that you’d have to rent the footwear, I doubt it. The price might be much lower and more affordable.

Badges will also be introduced this year. Completed tasks earn these. Harder task, rarer badge. You can also acquire extra energy in Solo Mode or cut sneaker minting costs.

Bottom Line

StepN isn’t just popular since it started Move2Earn. The app’s gaming aspects give many ways to have fun. You can compete against yourself in Solo mode, defeat others in leaderboard challenges, or research the greatest sneakers.

They provide two ways to “earn” money. Work hard to earn GST tokens. If foot-to-pavement isn’t your style, you can still make money NFT-flipping.

It appealed to a large audience, allowing them to join and find satisfaction. I wouldn’t do it Axie Infinity-style to make a living. Given SOL’s low pricing, it may be worth a try.

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