STEPN (GMT) is a unique cryptocurrency project that merges the burgeoning sectors of fitness and DeFi through a concept known as "move-to-earn" (M2E). Founded in 2021, STEPN has redefined user engagement with the digital economy by incentivizing physical activity. Users of STEPN earn rewards in the form of GMT tokens by walking, jogging, or running outdoors while wearing NFT sneakers, which can be bought, sold, and traded within the platform's ecosystem.
The idea behind GMT's creation was to bridge the gap between the virtual and the physical world, encouraging a healthier lifestyle while providing financial incentives through cryptocurrency.
Built on the Solana blockchain for efficiency and lower transaction costs, STEPN aims to encourage a healthier lifestyle among its users while providing an opportunity to earn cryptocurrency rewards. The project utilizes a native token, GMT, which stands as the governance token within the STEPN ecosystem.
This innovative model promotes not only health and wellness through physical activity but also introduces users to the concepts of decentralized finance (DeFi) and NFTs in a practical, engaging manner. The platform operates on the Solana blockchain, chosen for its high-speed transactions and low fees, ensuring a seamless experience for its users.
