
STEPN to Block Users from Mainland China to Comply with Crypto Regulation
According to Dune Analytics, the game has over 580,000 users with 39,000 active users in the last 24 hours.
$0.92
1H
1.14%$0.0103
24H
-2.94%$0.0278
7D
4.59%$0.0402
30D
-1.81%$0.0169
STEPN is a self-styled “Web3 lifestyle app” with GameFi elements on the Solana blockchain. It combines aspects of a play-to-earn game with a fitness app to create a new category coined “move-to-earn.” Users buy NFT sneakers, which they can use to earn in-game currency while walking, running, or jogging.
STEPN aims to revolutionize the market of fitness applications by incentivizing millions of users to follow a healthier lifestyle. The app solves several problems like “proof of movement” – proving that users really exercised – and a functioning GPS system. Moreover, STEPN incentivizes users financially and plans to introduce social rewards elements and successfully contributes to carbon neutrality.
The application is available for Android and iOS and has gone from its inception stage to the open beta version in only five months. After its successful IDO in March 2022, STEPN plans to optimize its in-game features and launch on several other chains in the future.
According to Dune Analytics, the game has over 580,000 users with 39,000 active users in the last 24 hours.
An NFT (Non-fungible token) is a smart contract based on blockchain integration. NFTs are representations of digital asset ownership such as art, music, and sport, and also have limitless applications.
To support new listings, Phemex is launching the Solana Sprint Campaign, in which users can win $GMT, the token of the STEPN game.
Starting today, Binance will facilitate the token sale for STEPN on the Binance Launchpad.