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There has never been a better moment to mix exercising and earning money
The innovative idea behind move-to-earn and STEPN is making cryptocurrencies by exercising and remaining healthy. STEPN clone is an app that uses blockchain technology and GPS monitoring to reward its members with real money for getting out of the house and exercising.
Built on the Solana and Binance Smart Chain blockchains, STEPN is the flagship platform for the move-to-earn revolution. The game encourages players to get off their computers and into the real world. People may earn tokens and real money by exercising and eating well.
How to Apply STEPN
To start with STEPN, everyone must take a few fundamental steps.
- Get the STEPN app on the Apple App Store and Google Play. It is also free to download, and you do not need to possess the Sneaker NFTs to begin earning.
- Sign up with your email address - this might be tough. You must join the STEPN Discord or Telegram server to get an eight-digit code generated by other users and posted in the group. But you must act quickly: you can use the code only once, and if you take your time, other individuals going through the sign-up procedure will get there first.
- Purchase a pair of shoes and begin moving - you must now spend money. You must transfer SOL or BNB from your wallet to your STEPN spending account. The cheapest pair of shoes presently available in STEPN's native marketplace is 12.29 SOL ($872.47 at the time of writing). This is costly, but given the current state of crypto pricing, it could be worth waiting a few days to acquire more SOL and join the game at a reduced price.
STEPN will soon provide a renting scheme that will allow new customers to begin participating without spending more than $850. Renters will be free. However, the owner of the Sneakers will get 70% of the incentives gained, while the renter will receive 30%.
How to Earn STEPN Tokens
With STEPN, earning money is as easy as moving about in the real world, recording your workout on the app, and making tokens. Following the action, these tokens will appear in your wallet, where you may exchange them for real-world currency. Within the platform, there are many game types, each with its own set of challenges:
- Earn tokens for traveling around in Solo Mode. Simple.
- Enter weekly and monthly tournaments in Marathon Mode. Each race must be registered for 24 hours before it begins.
- Background Mode - switch off the app and let the money accumulate. You may submit this information to STEPN and be rewarded with tokens if you have a step-counting device to record your steps.
Sneakers and tokens
For completing fitness tasks in STEPN, users are awarded Green Satoshi Tokens (GST). Sixty million coins were struck to give early liquidity. However, to keep prices stable, GST is burnt when consumers do the following:
- Sneaker manufacturing
- Sneaker maintenance
- Sneakers Leveling Up
- Gem enhancements
- Socket unlocking
Green Metaverse Tokens (GMT) is the governance tokens of STEPN. GMT becomes accessible to users if their Sneakers reach level 30 and they have at least three energy points.
The STEPN ecosystem has a time-gated feature that prevents participants from earning new tokens if their energy level reaches zero. Users may make GST until they run out of energy, but GMT rewards are limited to a higher level.
Energy is replenished at a 25% rate every six hours, and users may boost their maximum quantity by holding extra Sneakers.
STEPN energy allowance
Holding better Sneakers allows players to earn more money via a Sneaker efficiency and greater energy allowance scheme. The pace with which a user move enhances their earning potential. So, the quicker you run, the more money you earn, which makes sense for a move-to-earn fitness app.
More sophisticated Gem kinds and higher-level NFT Badges boost a user's earning potential. The more time and work you invest into STEPN, the more you benefit from it.
The move-to-earn industry and other participants
Since the beginning of 2022, move-to-earn has gained in popularity. It represents an advancement in development in blockchain technology and the notion of the metaverse by bringing the real and digital worlds closer together.
As the Web3 community innovates, we will witness more situations in which real-world behaviors affect virtual places and vice versa.
Although move-to-earn is not new, systems that compensate users for being active have recently gained popularity. If you want to learn more, DappRadar's post detailing the top five move-to-earn games is an excellent place to start.
But here's a quick rundown of some of the brands to watch out for if you want to start earning real money for exercising:
- Genopets: The NFT collecting and combat arena game with an underpinning move-to-earn system. The more you work out, the stronger your avatar will get. The stronger your avatar grows, the more fights you win.
- App for Steps: This Avalanche blockchain software enables users to place bets and engage in tiny fitness challenges against friends and strangers for a reward. The governance token is FITFI, while the in-game token is KCAL.
- The Wasteland: This game is a component of the OliveX blockchain health and fitness ecosystem. Exercise in real life and see your in-game character get stronger and fitter.
Author Bio
Mike
Tech Blogger