STEPN is a Move-to-Earn app focused on health and fitness. By using a Sneaker NFT, participants go outside to earn token payouts along with NFT rewards. With a built-in wallet, token swap, NFT marketplace, and its RNPL (Rent Now Pay Later) feature, STEPN aims to connect crypto-native mechanics with non-crypto users.

STEPN operates with two tokens: the game token, Green Satoshi Token (GST), and the governance token, Green Metaverse Token (GMT). GMT serves as STEPN’s native governance asset, with these uses:

Governance: Stake GMT to take part in governance-longer lock periods provide greater voting powerProfit distribution: GMT holders have rights to the treasury and can vote on how net profit is allocatedProtocol revenue accrual: GMT is burned to unlock in-app functions, including sneaker upgrades and minting new sneakers

Key Features and Highlights of STEPN:

Mobile application: STEPN is available on the iOS AppStore and Google Play store (restricted to specific countries).Sneaker NFT: Each sneaker differs in type, quality, attributes, and gem socket slots. Users can burn tokens to level up and personalize their sneakers.Move and Earn: With a sneaker NFT equipped, users can move outdoors to receive token rewards, supported by multiple layers of anti-cheating mechanisms.RNPL (Rent Now Pay Later) system: Users can rent a sneaker for free, earn by moving, and then divide the earnings with the sneaker owner.In-app NFT marketplace: Users can buy, sell, and trade their NFTs through the marketplace.In-app swap: Users can convert their token earnings into other cryptocurrencies.In-app decentralized wallet: Users can deposit and send cryptocurrencies to the wallet to support their spending accounts.STEPN has raised 5MM USD from Sequoia Capital and other prominent Web3 investors, with 16.30% of the GMT total token supply sold at 0.005 USD/GMT.