STEPN is a move-to-earn health and fitness application. Users equipped with sneaker NFTs can move outdoors to earn tokens and NFT rewards. STEPN has a built-in wallet, swap, marketplace, and rental system that allow non-crypto users to onboard STEPN.
STEPN has a dual-token system, a game token - Green Satoshi Token (GST) and a governance token - Green Metaverse Token (GMT).
GMT is the native governance token of STEPN and has the following use cases:
Current features of STEPN include:
STEPN has raised ~5MM USD from investors, where 16.30% of the GMT total token supply has been sold at around 0.005 USD/GMT.
As at March 1st 2022, the total supply of GMT is 6,000,000,000 and the circulating supply upon listing will be 10% of the total token supply.
|Token Type||Solana SPL|
|Total Token Supply||6,000,000,000 GMT|
|Private Sale Allocation||978,000,000 GMT|
|Private Sale Token Price||~ 0.005 USD / GMT|
|Private Sale Amount Raised||~ 5,000,000 USD|
|Binance Launchpad Sale Allocation||420,000,000 GMT|
|Binance Launchpad Sale Price||0.010 USD / GMT|
|Binance Launchpad Amount to be Raised||4,200,000 USD|
|Initial Circ. Supply When Listed on Binance||600,000,000 GMT (10.00%)|
|Private Sale||16.30% of the total token supply|
|Binance Launchpad Sale||7.00% of the total token supply|
|Team||14.20% of the total token supply|
|Advisors||2.50% of the total token supply|
|Ecosystem/ Treasury||30.00% of the total token supply|
|Move and Earn||30.00% of the total token supply|
|2021: Q3||Solana Ignition Hackathon Gaming Track Winner||Link|
|2021: Q4||Public Beta Release with Decentralized Wallet Function Launch||Medium Announcement|
|2021: Q4||Fundraising Complete||Medium Announcement|
|2022: Q1||Release Marketplace and Swap Function||Tweet|
|2022: Q1||iOS Official Launch||Tweet|
|2022: Q1||Reached 21k DAU and 66k MAU||Tweet|