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Rachel Welch

21 November 2022 185 Read Altcoins

What Is STEPN?

STEPN is a new crypto-fitness game. Its mission is to inspire millions of people to lead healthier lives. The app is designed to use GPS technology to track your movement. The rewards you earn are based on the amount of movement you make during five-minute increments. You can then cash out your points for real-world rewards.The STEPN platform runs on a dual token economy model. One token is the native currency, GST. The other is the governance token, GMT. Both tokens can be used in-game or sold on the secondary marketplace.While the GMT token is the primary currency used to power the ecosystem, GST tokens can be used to buy goods in the app or traded for profit. There is an unlimited supply of GST tokens.