NFT Sneaker Exercise App Demographics | GMT/GST STEPN Sustainability Guide 2022

NFT Sneaker Exercise App Demographics | GMT/GST STEPN Sustainability Guide 2022, updated 6/1/22, 7:21 AM

Crypto platforms that pay you for getting exercise are all the rage, but how long will they last? Are they actually profitable, and should you be getting involved? Chiliz News has the answers, in this new guide. Visit https://chiliznews.com/stepn-co-founder-jerry-huang-discusses-gamefi-new-user-numbers-app-demographics-sustainability to learn more.

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NFT Sneaker Exercise App Demographics |
GMT/GST STEPN Sustainability Guide 2022
Move-To-Earn crypto
platforms are on the rise, but
are they sustainable? Who's
playing these games, and what
are the benefits? 
Find out in this new guide from
Chiliz News, that takes a deep dive
into the popular STEPN M2E
application, including some details
straight from the co-founder of the
platform, Jerry Huang.
STEPN made its debut at a
Solana hackathon only five
months ago and gathered its
first small group of beta-
testers.
While many blockchain-based
applications struggle to be
noticed, STEPN suffered from
a different issue, becoming
almost too widely known,
overnight.
Though the application had barely
been advertised, the Chiliz News
guide explains that with tens of
thousands of new users signing up
each day, the platform had to limit the
registrations until they could expand
the project.
Several months after launch,
the STEPN app became self-
sustaining, with up to $100
million per month in regular
income.
Unlike traditional blockchain-based
games, STEPN is not a video game
in the usual sense. It combines
elements of gaming and finance with
physical fitness and helps motivate
you to get regular healthy exercise.
 To play, you activate NFT
sneakers, with each sneaker
having a distinct set of attributes
that affect their gameplay, and
either walk, jog, or run, while
logging your activity.
To provide financial stability to
the project, the guide explains
how STEPN uses a dual-token
model which includes a
governance coin and a utility
coin.
To read the full guide, please
visit
https://chiliznews.com/stepn-
co-founder-jerry-huang-
discusses-gamefi-new-user-
numbers-app-demographics-
sustainability
Disclaimer: This information
does not constitute
investment advice.