Sex instead of running: STEPN has a copycat of SEXN
The crypto project SEXN, clearly imitating the sensational STEPN, plans to launch its own mobile application that rewards physical activity, but this time of an intimate nature.
The developers claim that their app, called SEXN, will allow users to earn cryptocurrency while having sex. Their idea has already found some response from investors and future users. True, at the time of writing, their interest seems sluggish. It is reported that in early May, the project held a preliminary round of sales of SST management tokens, at the end of the month — in-game Sex Orgasm Token (SOT) tokens.
During this event, the team sold 700,200 SOTs at 0.00085 BNB (~$0.25) per token. This project raised about 175 thousand dollars. Since then, the price of the token has dropped significantly. At the time of writing, SOT is trading on PancakeSwap for approximately 0.000211 BNB (~$0.06).
SST Governance Tokens are also available on PancakeSwap. According to CoinMarketCap, the asset is trading at $0.01272 with an increase of %51 over the past day.
How it works
SEXN uses a model similar to that of STEPN, which is considered the leader in the move to earn segment. The developers do not hide the fact that they were “inspired by the success of STEPN”.
But in a sense, the developers of SEXN have gone further. To use the application, you need to buy NFTs suitable for a particular practice.
It is assumed that the launched application will charge SOT tokens based on data received from smartwatches, fitness bracelets and mobile phones.
During one of the AMA sessions, the developer of SEXN, under the pseudonym MAX, explained that it is planned to use sensors to collect and analyze data in the application that can distinguish sex from other types of physical activity like running.
“During sex, of course, there will not be a significant shift in the position of the GPS. Therefore, we rely on the growth curve of heart rate, which differs from the dynamics of indicators when playing sports. The degree of blood oxygen saturation is also different, as well as the pattern of hand movement. If you just run, then the application will understand that you are cheating, ”he said.
The project tokens were issued on the BNB Chain blockchain, and it is assumed that the application (if, of course, it is developed) will use it. According to the developers, the codebase of SOT and SST tokens has been audited by SafuAudit. They assure that their smart contracts do not collect sensitive user data.
According to the project roadmap, the launch of the alpha version of the application will take place before the end of Q2 2022. Between July and September, the team intends to release a beta version of SEXN and update the technical documentation of the project. The developers promise to release the public version of the application before the end of the year.
In some countries, the application is unlikely to be welcome. In May 2022, STEPN caused dissatisfaction with Chinese regulators and the project team announced that they would close the opportunity for users from mainland China to earn money through their M2E application.
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