STEPN — Past, Present and Future

From GMT Earning & Rainbow Sneakers to MOOAR and More!

Image source: STEPN is Striding Ahead — StormGain (Fair Use)

STEPN is a pioneering web3 lifestyle app that took the world by storm in early 2022, spurring an industry of move & earn apps.

The premise is simple — buy a pair of NFT sneakers and earn cryptocurrency (GST & GMT tokens) while going on daily walks, jogs or runs. Use these tokens to level up in the game or cash out into stablecoins. The app is currently available on Solana, BNB Chain and Ethereum.

STEPN exploded for two reasons incredibly exciting to crypto enthusiasts.

1. Mass web3 adoption potential. STEPN bridges the mainstream health, fitness & wellbeing market into crypto & web3 — a huge $200B+ addressable market.
2. Real utility for NFTs. STEPN sneakers aren’t just pretty JPEGs — they’re your entry tickets into the world of gamified fitness.

This lifestyle app has uplifted the lives of thousands of players, incentivising them to get out and move every day.

A hybrid Mystery Box + GMT earner STEPN sneaker. Image by author

In this article, I dive into the following:

• How STEPN transformed lives;