The chain game STEPN, which once sparked the M2E (Move to Earn) craze, has recently made new moves after being dormant for a period of time. First, he announced earlier this week that he is distributing 100 million FSL points to Genesis Sneaker holders, and said that the points can be exchanged for their GMT tokens at a 1:1 ratio through the STEPN market.
Based on the current market price, the total price of these airdrops is as high as US$30 million. At present, the points airdrop has been sent out, and the official also stated that FSL points can increase users’ chances of obtaining exclusive prizes.
STEPN announced that it will soon cooperate with a well-known sports brand
In addition to the airdrop news, STEPN also revealed in an interview that they will soon announce a cooperative relationship with a well-known shoe and clothing brand in the world : STEPN is brewing big plans this year to drive our growth and solidify our position in the Move to Earn space.
Although STEPN’s popularity has been rarely discussed after its profitability has been significantly reduced, it remains to be seen whether the official airdrop and cooperation preview can revive the Move to Earn trend.
What is STEPN?
STEPN is an application built on the Solana blockchain. It combines the two elements of GameFi and SocialFi to realize the innovative concept of "earn while running". Users can walk or run while walking or running. , you can earn the realizable game token GST and governance token GMT.
According to STEPN, since its launch in 2021, its users have currently run more than 295 million kilometers and the number of users has reached 5 million.
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