STEPN (GMT) is a unique blend of a fitness application and a play-to-earn game built on the Solana blockchain. It introduces a novel concept known as "move-to-earn," where users may receive in-game compensation by engaging in physical activities such as walking, running, or jogging. Users purchase Non-Fungible Token (NFT) sneakers, which they use to receive the in-game compensation. STEPN aims to encourage healthier lifestyles by providing incentives for physical activity. The application is available for both Android and iOS devices.

STEPN operates on a dual-token model, consisting of a utility token called GST (Green Satoshi Tokens) and a governance token known as GMT. Users receive GST by moving around with their NFT sneakers. Different types of sneakers yield GST at varying rates, with more efficient sneakers receiving more GST per minute. Once users level up their sneakers to level 30, they start receiving GMT. The application also features a gamification aspect, with in-game rewards, daily energy allowances, and customized sneakers to encourage users towards a healthier lifestyle.

STEPN serves as a platform that incentivizes physical activity, making it a potential tool for promoting healthier lifestyles. Users may receive in-game compensation by engaging in physical activities, which can be used within the game or potentially converted for other uses. The application also plans to introduce a Marathon Mode, where users can participate in weekly and monthly races, earning and comparing their achievements on a leaderboard. Additionally, STEPN contributes to carbon neutrality by purchasing Carbon Removal Credits on Solana to combat climate change.

STEPN was founded in August 2021 by Australian blockchain entrepreneur Yawn Rong and his partner Jerry Huang, a game developer. The application quickly progressed from its inception stage to the open beta version in just five months. After a successful Initial DEX Offering (IDO) in March 2022, STEPN aims to optimize its in-game features and expand to other chains. The project has also received funding from major crypto venture capital firms, including Sequoia Capital, Solana Capital, and Alameda Research, among others.

We update our STEPN to USD currency in real-time. Get the live price of STEPN on Coinbase.

The current market cap of STEPN is $47.526M. A high market cap implies that the asset is highly valued by the market.

The all-time high of STEPN is $4.90. This all-time high is highest price paid for STEPN since it was launched.

Over the last 24 hours, the trading volume of STEPN is $10.16M.

Assets that have a similar market cap to STEPN include AI Companions, Paxos Standard, Alphabet Class A Tokenized Stock (Ondo), and many others. To see a full list, see our comparable market cap assets.

The current circulating supply of STEPN is 3.1 billion.

STEPN ranks 230 among tradable assets on Coinbase. Popularity is currently based on relative market cap.

Currently, 86% of Coinbase users are buying STEPN. In other words, 86% of Coinbase customers have increased their net position in STEPN over the past 24 hours through trading.