Stepn is a web3 lifestyle app that rewards users for movement. More
| Fully Diluted Valuation | $423,033 |
|---|---|
| 24H Trading Volume | $446 |
| 24H Low / High | $0.00 / $ 0.00 |
| Circulating Supply | 84.33M |
| Total Supply | 84.33M |
| Max Supply | ∞ |
| Categories | NFT 5 more |
|---|---|
| Founder | Jerry Huang |
| Website | binance.com |
| Socials | 3 more |
| Chains | Ethereum Ecosystem |
| Explorer | Ethplorer 2 more |
| Contracts |
0x473....31404
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| Name | Pair | OG Score |
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The Green Satoshi Token (GST) is the native utility token of the STEPN platform, a move-to-earn application built on blockchain technology. It aims to encourage users to stay active and engage in physical activities while rewarding them in a unique way.
Purpose of GST
GST is designed to reward users for participating in physical activities like walking, jogging, or running outdoors. When users engage in these activities while using the STEPN app, they earn GST tokens. The app incorporates non-fungible tokens (NFTs) in the form of digital sneakers, enhancing the user experience.
How Users Earn GST
Users earn GST based on the distance they cover and the type of sneakers they own in the app. The earnings can vary due to several factors, including the user’s fitness level, the specific type of shoe they possess, and various game mechanics within the app.
Tokenomics of GST
GST has several uses within the STEPN ecosystem:
Market Dynamics
As a token on the Ethereum network, the value of GST can fluctuate based on market conditions and the popularity of the STEPN platform. The success of the app in attracting new users will influence the demand for GST tokens.
Environmental Focus
The "Green" in Green Satoshi Token highlights STEPN's commitment to sustainability. The platform promotes an active lifestyle while potentially contributing to initiatives aimed at reducing carbon footprints through physical activity.
Conclusion
The Green Satoshi Token (GST) is part of a growing trend that merges fitness with blockchain technology, allowing users to earn rewards for healthy activities. By integrating physical fitness with innovative blockchain solutions, STEPN offers a unique way to motivate users to stay active and environmentally conscious.
The Green Satoshi Token (GST) is unique because it rewards users for physical activities like walking, jogging, or running through a blockchain-based app, integrating fitness and non-fungible tokens (NFTs) in the form of digital sneakers.
The founders of the Green Satoshi Token (GST) are Jerry Huang and Yawn Rong, who developed the STEPN platform to encourage an active lifestyle while leveraging blockchain technology.
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