The game Stepn with the help of which you can earn on your daily jogging becomes more and more popular – according to Forbes 2.3 million people registered in the application and more than half a million of them use it every day. "Afisha Daily" looked into whether NFT sneakers motivate you to train more often and whether investing in them pays off.
What is Stepn?
Stepn is an app based on the Solana blockchain (now also launched on Binance Smart Chain). It was developed in August 2021 at Find Satoshi Lab, an Australian fintech company, by two specialists in the cryptocurrency and gaming industries, Jerry Huang and Yawn Rong.
In October 2021, Stepn was the first mobile game to win the Solana Hackathon prize, and in January it attracted the first investments – $5 million from venture funds, including Sequoia Capital, Folius Ventures, and Solana Capital. And in early April, startup gas pedal Binance Lab also announced investments in the project. In addition, Stepn has a contract with athletic shoe and clothing manufacturer Asics.
Stepn was already known all over the world, but when there was more advertising, there was a real explosion in popularity. Tens of thousands of new users began to appear every day, so that eventually the number of players exceeded 2 million. This is largely due to the wording of the game's goal: lead a healthy lifestyle and earn money. Sounds good, right?
What's the gist of the game?
After you buy the sneakers, you can go out to work out. Once the Start button inside the app is pressed, the user's movements and speed begins to track the GPS, and the GST balance begins to rise.
It is important to arrange a walk or jog every day, otherwise it will have a negative impact on earnings. However, running around the clock for the sake of getting GST is not possible: tokens are only credited as long as the user has energy points. If he still has less than three pairs of sneakers, he gets two units of energy per day, that is, he can earn only during the first 10 minutes of training. Then the sneakers must recover: you must either wait 24 hours or pay GST. Three pairs of sneakers earn four units of energy (20 minutes), 30 pairs earn 20 units (100 minutes).
So, the amount earned is affected by the level of sneakers, their characteristics, rarity, how much energy the user has, and how regularly they train. The application website has a special calculator: it is convenient to use it to calculate potential earnings. You can find it by clicking on the link https://stepn-guides.net/. Moreover, it is possible to earn not only from jogging. Some users improve their running shoes and sell them.