With cryptocurrencies and NFTs flooding the market and minds alike, Stepn has come up with the first Move2Earn mobile gaming platform. The platform will be based on the crypto Solana. Now you can earn cryptos by walking, running, and jogging!
Are You Eligible for Stepn?
To record your running stats, you will need a pair of NFT sneakers which are available at MagicEden. If you are a novice to the concept of cryptos and don’t wanna invest a huge amount of your hard-earned money right away, you can rent them as well! These adaptations of blockchain technology have ushered in a new way of innovations branching from traditional cryptocurrencies. Stepn was also the winner of the Solana Ignition Hackathon Gaming Track, so expectations are definitely flying high. This venture was announced in August and since then the developers at Stepn have tried to remove as many obstacles as they can which the players can continue to see throughout the public beta release.
New Direction in Mobile Gaming?
With games like Pokemon Go paving the way for real-world activity-based games, it wasn’t long till the developers at Find Satoshi Lab realized that and changed the concept from Play2Earn to Move2Earn. With a number of games focusing on Play2Earn which we discussed a few weeks back, Stepn has found a market gap and went on to capitalize on it. However, with Stepn taking the bold step forward, we are sure to see more such games very soon.
Stepn makes profit through taxes from certain game activities like in-game transactions (4%), minting (creating a new Sneaker at 6% or renting at 8%). All of these earnings are denominated by game token and the user will be able to exchange these game tokens at the secondary market into real money from stablecoins like USD.
Stepn: The Public Beta
The public beta event of Stepn is going to last for two weeks. Co-Founder of the project Yawn Rong talked about the aim of the game is to draw support from Crypto experts to beginners alike by bridging the gap. Stepn is built on a dual token system, formed of a Game Token (GST), and a Governance Token (GMT). The Game Token is used for several in-game tasks such as minting new Sneakers, or leveling them up or upgrading Gems. On the other hand, Governance Token is utilized for profit distribution of Stepn and other premium in-game activities like renaming Sneakers and high-level leveling/upgrading. There is also a 10% commission of the game profit that is used to purchase the carbon removal certificate.
How to play the Public Beta of Stepn?
- Join the discord community of Stepn and get the activision code
- Visit Magic Eden and buy a pair of NFT Sneakers here
- Download STEP application from Apple App Store or Google Play for your device.
- Use the activation code you received from Discord community and activate the game.
- Go to Wallet and transfer the shoebox you got from MagicEden to the STEPN application
- Give the necessary phone permissions to let the app track your location.
- Now meet your fitness goals and get paid for it!