• STEPN (GMT) is a healthy lifestyle app with social finance and play-to-earn games components.
• In the past month, the token has seen a 107% increase in price due to the broad rally in cryptocurrencies.
• STEPN won the 2021 Solana Ignition hacking challenge and received a $5 million funding round from private equity powerhouse Sequoia Capital.
STEPN (GMT) is a healthy lifestyle app with a unique move-to-earn concept that combines social finance and play-to-earn games. It was developed by a team of experienced software developers, game designers, and financial experts to make life more enjoyable and rewarding. In March of 2022, STEPN won the 2021 Solana Ignition hacking challenge and received a $5 million funding round from private equity powerhouse Sequoia Capital. Since then, the token has seen an incredible 107% increase in price due to the broad rally in cryptocurrencies.
The move-to-earn concept is based on the idea that users can earn rewards for taking part in activities that promote a healthy lifestyle. Specifically, users can earn rewards for activities such as exercising, eating healthy, and participating in physical activities. Users can then use their rewards to purchase goods and services from the STEPN marketplace or exchange them for other digital assets.
The token also offers a variety of social finance features. Users can earn rewards through various activities and use them to invest in different projects. They can also use the token to invest in other users’ projects, or they can lend out their tokens to other users in the network. The token also has a built-in tracking system that allows users to monitor their investments and track their progress over time.
The move-to-earn concept has become increasingly popular in recent months, as more users are looking for ways to make money while doing something they enjoy. The healthy lifestyle app has gained a lot of traction, and the 107% increase in price is an indication of the demand for the token.
As more users join the platform and the token continues to grow in popularity, it is likely that the price of the token will continue to rise. Investors should be aware of the risks associated with investing in any digital asset, but with the potential for big gains, the STEPN token is definitely worth a look.