STEPN is a Web3 lifestyle app with fun social elements and gamification design. Users equipped with NFT Sneakers – walk, jog or run outdoors to earn GST, which can be used to level up and mint new Sneakers.
Player can choose to lease or sell their NFT Sneakers on the in-app Marketplace; users’ GST earnings are stored in the in-app Wallet, which has a built-in Swap function.
STEPN is created by Find Satoshi Lab, an Australian-based fintech studio. The team won the 2021 Solana Ignition Hackathon Gaming Track and is part of DeFi Alliance Gaming cohort.
GMT is the governance token of STEPN with a limited supply of 6 billion tokens.
Players buy GMTs to burn in the STEPN app in order to access features provided by STEPN, such as mint high-quality Sneakers, upgrade high-quality Gems and participate governance voting.