The concept of augmented reality games has been around for quite some time. Pokemon Go is one of the most famous games that strengthened this concept in 2015. Augmented reality games represent a combination of the virtual and real world.
For example, the Pokemon Go players used to collect different characters of Pokemon through their mobile phones by visiting different locations while those characters didn’t exist in real life. This game promoted healthy living in a unique style. But it was short-lived because people didn’t find any motivation in it after some time.
Stepn is a reined form of augmented reality games that keeps users motivated while allowing them to live a healthy life.
What is Stepn?
Stepn is a move-to-earn game that lets users earn crypto based on the steps they take. The users can earn crypto tokens by performing a few simple exercises like walking, jogging, and running.
Stepn doesn’t only connect people to Web3.0 but it also encourages healthy living while fighting off climate change. The users get to earn GST tokens when they perform several exercises. These tokens can be used to level up in the game or mint new sneakers. The users can then trade these NFTs on Stepn’s NFT marketplace.
Although there are other similar apps that pay rewards for performing different exercises, Stepn is the first-ever Web3.0 application to introduce this concept. Another unique thing about this game is that the value of cryptocurrency increases faster than fiat currencies.
The network uses the burn mechanism to control the circulation of its native tokens. It means the users need to burn their GST/GMT tokens if they want to upgrade to the next level.
How Does Stepn Work?
The users can download the Stepn app from the app store. They’re then required to create an account using their email address. Stepn app is only initiating a limited number of verification codes because the demand for Stepn app has drastically increased recently. Therefore, some users may face problems with completing the verification.
However, once the verification is complete, they can connect their crypto wallet to the Stepn app. The purpose of connecting the wallet is that the users need to purchase sneakers from the Stepn marketplace before they could start earning money. Stepn is a Solana-based app. Therefore, the users need to spend SOL tokens to buy NFT sneakers.
The users need to look at four important aspects at the time of purchasing NFT sneakers.
- Efficiency – This aspect determines your daily limit for earning GST tokens.
- Comfort – This aspect increases your GMT rewards.
- Luck – The users can receive several mystery boxes while playing this game. The frequency of the mystery boxes is determined by this aspect.
- Resilience – This aspect represents the durability of the sneaker you’re choosing.
How Users can Make Money with Stepn?
The users can only start earning if they have purchased NFT sneakers from the Stepn marketplace. They can choose between three different modes to earn cryptos through this move-to-earn game.
Solo Mode
The users can earn GST tokens for taking a few steps wearing NFT sneakers. However, they need to have an ample amount of energy levels to earn these rewards. The users are rewarded for a five minutes walk if they have 1 Energy unit. The energy units are updated depending on the type of sneakers a user has.
These energy levels are updated every day. So, there’s no benefit to walking if there aren’t any energy units in the account. Similarly, the app won’t pay the users if they have low GPS signals. The users can check the strength of GPS signals through the Stepn app.
The users can switch between GST and GMT once they’ve reached Level 30. But the users below that level can only earn GST.
Marathon Mode
The platform is going to introduce the Marathon mode for users who want to earn better rewards. Weekly marathons will have a length of 2.5, 5, or 7 kilometers whereas the monthly marathons will have a length of 5, 10, or 15 kilometers. It’s worth noting that a user can only participate in one race at a time.
The platform is going to charge a small registration fee for these events. And the users need to register at least 24 hours before the commencement of their desired marathon. The users will get the registration fee back after the completion of the task.
But if they failed to complete the task, the platform will use their fee for leaderboard rewards. The users must check the health f their sneakers before registering for the event because they can’t repair the sneakers during the marathon.
Background Mode
The users can earn GST tokens even if they aren’t wearing NFT sneakers. However, they need to have NFT sneakers in their inventory to qualify for this program. Their mobile’s Health Data app directly collects step counts when they’re walking. Thus, they can protect the sneakers from wear and tear.
Stepn Tokenomics
Stepn app consists of two crypto tokens called GST (Green Satoshi Token) and GMT (Green Metaverse token). The users can start earning GMT tokens once they’ve reached Level 30. GST tokens can be earned through several activities including walking, running, and jogging.
The users can also upgrade their levels or mint new sneakers using GST tokens.
Conclusion
Stepn is the first web3 move-to-earn NFT game that lets users earn crypto tokens while performing some simple activities like walking, jogging, and running. The users can convert these tokens to fiat currencies or other cryptocurrencies. Stepn currently supports the solo mode but it’s going to introduce a few other gaming modes like Marathon and Background that will help users earn more.
Feel free to get in touch with us if you need more information about how the Stepn NFT game work.
