Frisco,United States - July 12, 2022 /NewsNetwork/ —
Though the STEPN application was only introduced in late 2021, it has quickly become the most popular blockchain-based fitness app on the market, as explained in this new report launched by Chiliz News.
More information about STEPN and GST tokens can be found at https://chiliznews.com/stepn-gst-2022-guide-roadmap-use-cases-investors-utility-token-allocation-supply
The recently released report explains the various applications of Green Satoshi Tokens (GSTs), the primary in-game currency for the STEPN app. Similar to experience points in traditional video games, GST is used to upgrade a player’s in-game abilities, by improving their NFT sneakers.
Players can use GST to repair their NFT sneakers after they have seen significant amounts of use, upgrade them to improve their in-game power-ups or mint entirely new NFT sneakers with enhanced abilities. The report also explains the various methods that can be used to get new GST, either through exercising or using the marketplace.
New GST can be generated in different amounts by playing in either Solo or Background modes, every time a player takes a step. This applies to walking, jogging, or running outdoors while using a compatible and connected fitness tracker or mobile device.
Players may also donate their GST to support the environment, by purchasing Carbon Removal Credits for the blockchain. The report details how these credits help to make the blockchain carbon-neutral, and combat climate change.
The authors also provide technical information about GST, such as how many tokens were created, and details about the unlimited supply available to users through walking, jogging or running. Information is also available about the number of tokens allocated to a liquidity pool and as a cross-chain bridge between Solana and BNBChain.
Details about token releases, schedules, and STEPN partners will be added to the report as the information becomes available.
An excerpt from the article reads, “STEPN’s popularity has been surging in 2022. It’s a Web3 lifestyle app with Social-Fi and Game-Fi elements. Users equipped with their NFT Sneakers can walk, jog or run outdoors to generate GST, which then can be used to level up or to mint new Sneakers.”
More information about STEPN, Game-Fi, sports fan tokens, and other blockchain-based news can be found at https://chiliznews.com
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Contact Info:
Name: Phil E
Email: Send Email
Organization: Digital Shoutout, LLC DBA Chiliz News
Address: 5570 FM 423 Suite 250-197, Frisco, Texas 75036, United States
Website: https://chiliznews.com
Source: NewsNetwork
Release ID: 89078274
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