STEPN is a Web3 activity tracker application that was launched in March 2022. The app allows users to tokenize the act of running, walking, or jogging. It is one of the leading move-to-earn applications available and combines elements of GameFi and SocialFi.
How STEPN Works
STEPN is a unique DeFi app that allows users to earn GMT tokens as they walk, jog, or run. To earn GMT, users must first select an NFT sneaker of their choice, then select one of three game modes. Users receive rewards for every minute of movement.
STEPN quickly gained popularity after its release, as it represents a new way to earn crypto. The app tokenizes real-world actions by adding game elements and blockchain technology to an activity tracker.
GMT can be purchased from numerous leading cryptocurrency exchanges.
