STEPN (GMT) is an innovative app that offers users the opportunity to earn money while staying active. However, what sets STEPN apart is its integration of blockchain technology, cryptocurrencies, and NFTs (non-fungible tokens) into its platform. The project’s main goal is to promote a healthier lifestyle by combining the capabilities of Web3.0 with user engagement.
What is STEPN (GMT)?
STEPN is an app that combines elements of Social-Fi and Game-Fi. The Game-Fi aspect of STEPN relies on its Social-Fi component to create a powerful platform that supports user-generated Web3 content. In addition, the app aims to encourage a healthy lifestyle, combat climate change, and promote the adoption of Web3 among its users.
Users who own sneakers as NFTs can earn Green Satoshi Tokens (GST) by walking or running. These tokens can be used to mint new sneakers and level up within the game. Furthermore, players have the option to rent or sell their NFT sneakers in the in-app marketplace.
Moreover, STEPN features a dual-token economy, with the Green Metaverse Token (GMT) serving as a governance token alongside GST. The team behind STEPN implemented this dual-token system to prevent regulatory confusion and provide users with a seamless experience.
To ensure a seamless experience for users, STEPN offers three game modes: solo, marathon, and background mode. While owning sneakers is necessary to start earning, there are no requirements to begin walking or running. New users can also enjoy a free trial of the app and all its features.
Additionally, due to the limited supply of tokens, STEPN utilizes a burning mechanism. This mechanism is employed 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 purchased and sold on Binance, the world’s largest cryptocurrency exchange in terms of trading volume. On the Binance platform, GMT Coin is available for trading with pairs such as GMT/BTC, GMT/ETH, GMT/BNB, GMT/USDT, and GMT/BUSD.
To purchase GMT Coin, you must first register with Binance. Once registration is complete, you can transfer either cryptocurrency or fiat currency to your Binance wallet. After the transfer, you can proceed to purchase GMT Coin from the mentioned pairs. If you prefer to purchase via the GMT/USDT pair, simply navigate to its interface, enter the desired amount in the limit section, and proceed with the purchase by placing a Buy GMT order.
For the latest news and updates, you can follow STEPN on Telegram, Facebook, Twitter, and Coinmarketcap.
Disclaimer: The information provided in this article should not be considered as investment advice. Investors should be aware of the high volatility and risks associated with cryptocurrencies and should conduct their own research.
