At the moment, the game is on a hype. We believe that the peak has already been reached or is close to it. Perhaps there are no people in the crypto world who have not heard about this game. Therefore, we believe that investing at the current stage is a rather risky strategy. If the purchase has time to at least pay for itself in + - 30 days, is a big question. We decided to skip this project.
STEPN is an app for tracking sport activities based on move&earn concept. Users equip themselves with NFTs in the form of Sneakers. By walking, jogging, or running outdoors, users will earn game currency, which can either be used in-game, or cashed out for profit.
GST (view the cource)
The main in-game currency. It is used for purchasing NFT, paying commission for in-game actions and rewarding players:
- sneaker repair;
- sneaker socket unlocking;
- level up;
- mystery box boosting;
- upgrading gems.
GMT (view the course)
Governance token. It is used for:
- level up;
- upgrading gems.
GMT only obtainable at Sneaker Lv30.
How to start using STEPN
To start, users need to:
- create a wallet that supports SOL if you don’t have one;
- download the STEPN app from the official website;
- sign up with your email address, you will receive a verification code that you need to key in to enter the app;
- enter the activation code in the application, it can be obtained through the Telegram community of the game or through Discord;
- click on the Wallet icon on the top right corner of the screen and copy wallet address;
- transfer SOL to in-app wallet;
- buy NFT Sneakers in the Marketplace.
Sneakers can also be purchased through Magic Eden and sent to the internal wallet.
After the purchase of a Sneaker, energy will restore at a rate of 25% every 6 hours. Users can start your STEPN journey immediately after the first 25% energy restoration. Every 1 Energy equals 5 minutes of move&earn movement.
In Solo Mode, users are equipped with NFT Sneakers to earn tokens by moving. Energy is needed to earn GST tokens. 1 energy equals 5 minutes of move&earn movement. Energy starts replenishing only after acquiring an NFT Sneaker. To begin, users select a Sneaker and press «Start».
Users should see a status on the top of the screen showing either Walking or Running.
Once energy is depleted, users stop earning tokens. They can either choose to carry on tracking their movements, or manually exit Solo Mode by briefly holding down the «Stop» button.
It is a loot box that is randomly dropped while users are moving in Solo Mode. It contains Gems (Level 1 – 3). Each user has 4 Mystery Box slots. Upon receiving a Mystery Box, opening the box requires waiting and the countdown starts automatically. Once the countdown ends, it will be able to be opened.
Mystery Box countdown duration increases proportionately to its quality.
Users are able to unlock Gem Sockets once their Sneakers reach a certain level, and are able to enhance their Sneaker Attributes by inserting the corresponding Gems into the unlocked Sockets .
There are four types of Gems, with each Gem representing an Attribute:
- yellow: efficiency;
- blue: luck;
- red: comfort;
- purple: resilience.
By heading to the «Upgrade» tab under the «Gems section», users can upgrade their Gems by burning GST and combining 3 Gems of the same level and type to a higher level (i.e three Level-1 Efficiency Gems to one Level-2 Efficiency Gem).
GMT will also be required to upgrade a Gem from Level 4 onward.
A Sneaker has four different Sockets, identified by colors that match a Gem type. One Socket is unlocked each time the Sneaker reaches level 5, 10, 15, and 20 respectively. Higher Socket quality will give extra boost to the inserted Gem’s Attribute.
Shoe-Minting Event (SME) is when users use 2 Sneakers they own as a blueprint to breed, producing a Shoebox in the process. For reference, the 2 Sneakers will be called Vintages (Parents). Both Vintages need to be in the user’s possession (not under lease) and have full durability. Users can then select a Sneaker, by heading to the «Mint» tab, and pressing «Mint» to proceed. The user will instantly receive a Shoebox that can be opened immediately.
Users can perform a maximum of 7 SMEs per Sneaker. The higher SME count a Sneaker has, the more GST/GMT it will cost.
Shoe-Minting has a 48-hour cool down for both Vintages — Sneakers can still be used for movement.
- Common — GST.
- Uncommon — GST.
- Rare — GST + GMT.
- Epic — GST + GMT.
- Legendary — GST + GMT.
The first two Shoe-Minting costs the same. Shoe-Minting has a chance to drop one extra Shoeboxes. The higher the Mint count, the higher the chance to drop multiple Shoeboxes.
Always keep some SOL as gas in Wallet account and make sure you have Energy before moving, as there is no token earning if you have zero Energy.
How to earn in STEPN
All calculations on the characteristics, payback and future pumping of sneakers can be viewed at the link.
GST will be paid out for every minute of movement, which is dependent on 4 main factors.
Type of Sneaker
Base GST returns for each Sneaker differs. Refer to the Sneaker Attributes section for the individual breakdown of each Sneaker type.
Sneaker’s Efficiency Attribute
The higher the efficiency, the more GST earned per minute.
Sneaker’s Comfort Attribute
The higher the comfort, the more GMT earned per minute.
Speed of Movement
To maximise earnings, users should keep within the optimal speed range of their respective Sneaker. Whenever a user falls below or above this range, their earnings will be reduced up to 90% depending on the speed discrepancy from the optimal range.
If a user tries to cheat by using an animal or electronic device, the app recognises it as a Moonwalking. That means strange, not original moving.
Users can sell NFT Sneakers, Shoebox and Gems on the in-app Marketplace.
Remember! The data presented in this article is not an investment recommendation. All decisions are made at your own risk! Do not forget to double-check the data!