StepN – can the Move-to-Earn model be sustainable?
By betterspider  •  May 22, 2022
In this paradigm, you get paid cryptocurrencies for moving outdoors and turning on your GPS - walking, jogging or running - up to a certain limit per day. You can sell, reinvest or trade the rewards at your own peril, powered by DeFi mechanics. StepN, a move-to-earn application launched on Solana and BNB Chain, has seen incredible traction since launch last year, growing to more than 300,000 active users. Other copycats like Dotmoovs and Genopets have since emerged and are currently in initial stages of launch. Stepn's website In StepN, there are four main types of sneakers, and each sneaker has its own traits, optimal speed for earning rewards, and other nuances that gamify the whole experience of running. For example, the Walker sneaker rewards you with 4 GST tokens - the utility token of StepN - for every energy spent. You have to walk at a speed of...
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By betterspider

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