STEPN GO: How To Earn Rewards By Staying Active
STEPN GO and its rewards system.
Key Takeaways
- STEPN GO rewards users for physical activities like walking, jogging, and running.
- The app uses blockchain technology and a gamified system.
- STEPN GO operates on a decentralized model, utilizing a DAO where users collectively make decisions about the platform’s direction.
- Users can increase earnings by upgrading sneakers, selecting optimal routes, and participating in community events.
STEPN GO is a revolutionary app that brings fitness to cryptocurrency. It uses a Move-to-Earn (M2E) system, which rewards users by giving them tokens for physical activities such as running, walking, and jogging. Staying active enables users to earn digital assets.
As a result, the M2E concept promotes a healthy lifestyle and financial incentives, which STEPN GO uses to motivate fitness and crypto enthusiasts, as well as those looking to earn while moving.
This article delves into how STEPN GO works, how much users can earn, how to get started and increase rewards, and compares it with similar apps.
What Is STEPN GO?
STEPN GO is a leading M2E app that builds on the success of its predecessor, STEPN. It uses blockchain technology to reward users with in-game currency and NFTs. The app tracks users’ activity via GPS and provides rewards that operate within the platform or are traded for real-world value.
The idea is simple: users equip their digital sneakers, get active outdoors, and accumulate rewards.
In a world increasingly dependent on static digital devices for work, leisure, and education, STEPN GO offers a fresh way to maintain good health by motivating users to stay as active as possible. This approach appeals to a broad audience, from those aiming to stay active to those looking to diversify their crypto asset portfolios.
How STEPN GO Works
STEPN GO offers various rewards to keep users engaged through movement.
-
- NFT sneakers: Users can earn NFT sneakers as digital collectibles, each with unique attributes.
- Green Satoshi Token (GST): This is the platform’s native currency. Users can use GST to purchase in-app items, upgrade sneakers, or participate in activities like special events.
- The Green Metaverse Token (GMT): This is a governance reward. GMT holders have voting rights in platform decisions, giving them influence over the app’s development.
- Green game token (GGT): This is a minting token. When users want to create new NFT sneakers by pairing two existing ones, they must pay a fee in GGT tokens. Users can also spend GGT on other advanced in-game features.
| Token | Purpose | Function | User case |
|---|---|---|---|
| Green Metaverse Token (GMT) | Governance | Voting | Decisions |
| Green Satoshi Token (GST) | In-Game | Rewards | Upgrades |
| Green Game Token (GGT) | Minting | Create | Sneakers |
How Much Can You Earn with STEPN GO?
The amount users can earn with STEPN GO varies and depends on factors such as the NFT sneakers type, level, attributes, activity levels, and value of the in-game currency.
An average moderately active user can earn a few dollars daily with mid-level sneakers and a moderate token value.
More active users or those with higher-quality sneakers can earn more, mainly if they use the app’s features to maximize their rewards.
Getting Started With STEPN GO
STEPN GO operates as a decentralized autonomous organization (DAO), giving users a voice in the platform’s development and governance. The community influences STEPN GO’s features and rewards. To start your journey on STEPN GO, follow these steps:
Step 1: Creating An Account And Setting Up The App
- Download the STEPN GO app: Users can try the App Store, Google Play, or the official website.
- Create an account: Users can sign up using an email address or preferred social media platform.
- Wallet setup: Users should connect a compatible cryptocurrency wallet to their account. This wallet will hold the in-game assets and earnings.
- Complete profile: Users finalize the process by providing personal information and preferences.
Step 2: Choosing The Right Shoe Type For Your Activity Level
STEPN GO offers various NFT sneakers types in the marketplace. Users should select a suitable pair matching their activity level:
- Walker: Ideal for those who prefer leisurely walks.
- Jogger: Suitable for individuals who enjoy a brisk pace.
- Runner: Designed for avid runners seeking higher rewards.
Additionally, users must consider the sneakers’ attributes, such as efficiency, comfort, and resilience, as these will impact potential earnings and performance.
Step 3: Understanding The Energy System
In STEPN GO, sneakers have a limited energy supply, restricting the amount of physical activity users can engage in.
- Energy depletion: Each step or movement consumes a small amount of energy.
- Energy replenishment: Energy gradually replenishes over time.
- Energy purchase: Users can buy additional energy using in-game currency.
- Efficient energy management: Careful planning is essential to optimize earnings.
Users can also upgrade their sneakers or participate in certain activities to increase their energy capacity, allowing for more extended earning periods.
How To Mint Sneakers In STEPN GO
Requirements For Sneaker Minting
- Sneaker level requirements: Only sneakers that meet specific level requirements can qualify for minting.
- GGT token requirements: Users need GGT tokens to cover the minting process.
- Mint quota: Each minting process consumes a certain amount of energy, and there’s a limit to how often users can mint sneakers. For example, users begin with a 5/5 Daily GGT, which peaks at 300/300 GGT. However, users can increase the GGT cap beyond 300/300 by burning gems, another feature offered in the app.
- Energy consumption: A specific amount of energy is required to “burn” or destroy sneakers of different rarities in STEPN GO. In many blockchain-based games, “burning” an asset refers to permanently removing it from the game, often to reduce supply or trigger some form of in-game benefit.
These values indicate that higher-rarity sneakers require significantly more energy to burn. This makes sense within a game economy where rarer items have more value and thus require more resources to remove from circulation.
The Sneaker Minting Process: Step-By-Step
Users can get familiar with the app before starting their process minting process, which goes as follows:
- Selecting sneakers for minting: Choose two compatible sneakers from your collection as the parent pair for minting.
- Pairing sneakers for breeding: Pair the selected sneakers, considering their attributes to influence the outcome.
- Initiating the minting process: Users can begin by confirming their selection and paying the required GGT token fees.
- Costs and fees: STEPN GO users should know the associated costs, including energy consumption and transaction fees.
Sneaker Attributes And Inheritance
- How sneaker attributes are determined: The game combines the attributes of the parent sneakers to create the new sneaker’s stats, sometimes adding random variations. The stronger the parent sneakers, the better the chance of producing a powerful new sneaker.
- Understanding the role of parent sneakers: Parent sneakers directly influence the attributes of the new sneaker, similarly to how the parents of a child do it with their offspring. Choosing high-quality parents increases the likelihood of minting a sneaker with solid attributes, giving users an advantage in earning rewards.
Potential Outcomes Of Sneaker Minting
Minting can produce various outcomes, from sneakers with balanced attributes to those with specific strengths, like high efficiency. Users can also mint rare sneakers with exceptional attributes that significantly boost earnings.
How To Increase Earnings On STEPN GO
To increase earnings on STEPN GO, understanding the platform’s DAO structure is important, as community decisions can influence earning strategies. However, users can take specific steps to boost their earnings:
- Improve efficiency: Upgraded sneakers become more efficient. With higher efficiency, users earn more rewards for the same energy used.
- Optimal routes: Choosing walking or running routes that allow continuous movement without frequent stops helps cover more ground, increasing earnings.
- In-game features: Users can activate boosts and bonuses during activity sessions to multiply rewards and maximize earnings.
- Community events: Participating in community events and challenges organized by the DAO offers additional rewards and motivates users to stay active.
STEPN GO Vs. Sweatcoin
STEPN GO and Sweatcoin are both M2E apps that reward users for physical activity, but they operate on different models. Sweatcoin rewards users with Sweatcoins, which can be exchanged for goods and services within the app, based on a simple step-counting system.
In contrast, STEPN GO uses blockchain technology and offers a gamified experience with NFTs, an energy system, and in-game currency, aiming for a more defined audience.
Is STEPN GO Worth It?
Operating within a DAO, users have a direct influence on the platform’s development and features. This community-driven approach adds an extra layer of engagement for those who enjoy being part of a collective decision-making process. Whether STEPN GO is worth it depends on the users’ interest in stepping into a unique crypto landscape.
Pros Of STEPN GO
Most of STEPN GO’s benefits are related to its role in the crypto ecosystem and its innovative approach to motivating users to live healthy lifestyles.
- Earning potential: Users can earn cryptocurrency and NFTs, which can be traded or sold for real-world value.
- Community involvement: The DAO structure allows users to participate in platform decisions, offering a sense of ownership and influence.
- Motivation to stay active: The financial rewards encourage regular physical activity, promoting a healthier lifestyle.
Cons Of STEPN GO
Despite STEPN GO is an exciting and new app that can shape the ways its users’ lifestyles, it might pose some challenges related to the nature of crypto and tech.
- Initial investment: Users need to purchase NFT sneakers to start earning, which can be a financial barrier for some.
- Market risk: Earnings are tied to the volatile cryptocurrency market, leading to potential fluctuations in value.
- Complexity: The app involves blockchain technology and in-game mechanics, which may present a learning curve for some users.
The Future Of The Move-To-Earn Model
The move-to-earn model has shown immense potential in motivating people to exercise and ensuring long-term sustainability. However, it depends on continuous innovation, user engagement, and partnerships with fitness brands, care providers, or other exciting options, like insurance companies, for example.
The future of M2E and crypto, as in the case of STEPN GO, can also be shaped by tokenomics, the stability of the cryptocurrency market, and the regulatory landscape.
Conclusion
STEPN GO exemplifies how innovation and cryptocurrency can intersect to bring fresh ideas that benefit both individuals and society. By merging fitness with blockchain technology, the app motivates users to stay active while offering financial rewards, creating a unique and engaging experience.
The Move-to-Earn model, with its blend of health incentives and digital assets, holds significant potential for promoting healthier lifestyles. However, its success will depend on continuous innovation, user engagement, and adaptability to the changing landscape of the cryptocurrency market.
As STEPN GO and similar platforms evolve, they could be vital in shaping how users approach fitness, finance, and community involvement, ultimately contributing to healthier lifestyles.
FAQs
Yes, STEPN GO limits the number of times a sneaker can be used for minting. Each sneaker has a minting quota, which restricts how often it can be paired to produce new sneakers. Once the quota is reached, the sneaker can no longer be used for minting. Users can upgrade sneakers, participate in events, use energy efficiently, and mint or trade sneakers. Choosing optimal routes and staking GMT tokens can also boost rewards. STEPN GO plans to maintain user interest by regularly introducing new features, events, and rewards. The platform encourages community involvement through its DAO structure, keeping users engaged.Is there a limit to the number of sneakers a user can mint?
How can users increase their GST and GMT earnings within the STEPN Go ecosystem?
How does STEPN Go plan to maintain user interest and engagement in the long term?
