Stepn's New App 'Stepn Go' Introduces Social Features and a New Token
Summary:
Stepn, a move-to-earn game built on the Solana blockchain, adds social elements through its new app, Stepn Go. Launched by FSL, the new app incentivizes physical activities and social interaction and allows users to share their digital sneakers and earnings. To enrich the user experience, the game features a new token, the Go Gaming Token (GGT), earned through activities. With additional social features, Stepn Go aims for mainstream adoption. StepN has also partnered with Adidas recently and announced a considerable airdrop to reward its core players.
After its introduction nearly three years ago, Stepn, a renowned move-to-earn game leveraging the Solana blockchain, is taking significant strides to broaden its social reach through a brand-new app and a fresh token. The news came to light on May 23rd when FSL, the game development studio behind Stepn, made public the release of Stepn Go, a revolutionary social lifestyle app that incentivizes physical movement and social interaction.
Through Stepn Go, users can now share their digital footwear with newcomers, friends, and family, as well as divide their earnings. The app introduces critical social elements such as messaging, the addition of friends, avatars, and more gaming possibilities, thus generating opportunities to win GMT awards.
To facilitate this new gaming experience, Stepn Go introduces the Go Gaming Token (GGT), a new token. Like its predecessor, the Green Satoshi Token (GST) utilized in Stepn, users can earn the new GGT token by moving around in their digital sneakers.
Stepn made its initial entry into the world of apps in 2021 and has since then been classified as one of the largest move-to-earn games globally, spearheading the evolution of Web3 fitness apps that merge gamification and fitness. This game runs on a dual token system; GST operates as the utility token with an unlimited supply, while the Green Metaverse Token (GMT) serves as Stepn's governance token.
FSL's co-founder, Yawn Rong, revealed that the Stepn community has long anticipated the integration of social elements into the app. He expressed immense excitement over the introduction of these social capabilities, propelling Stepn Go towards widespread acceptance. Players can look forward to player-versus-player features within the app, alongside the Haus Mechanism and Interactive Map.
The GameFi industry, a term merging gaming and decentralized finance (DeFi), experienced a considerable slump in 2022 and 2023. However, a recent surge in cryptocurrency prices has breathed new life into it, as evidenced by the doubling of daily active wallets in GameFi over the last year.
StepN has been noticeably active of late, highlighted by their recent collaboration with Germany's Adidas for a 1,000 Genesis Edition nonfungible tokens (NFT) drop on Solana in April. StepN had earlier announced an airdrop of FSL points worth an estimated $30 million to appreciate its principal players.
Published At
5/23/2024 2:49:09 PM
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