In the past few months, the hottest online game project in the GameFi market on the solana chain is "STEPN". This is a Web3 lifestyle app with built-in Game-Fi and Social-Fi elements, not only Play to Earn, but also a banner, claiming to be the world's first Move To Earn NFT game.
STEPN entered the top 5 within a few days of the listing of the IOS app store, from Sequoia, Folius to Alameda world-class investors have thrown olive branches, today we will talk about the world pattern of turmoil, the epidemic gradually became normalized, how this app with the value of "truth, goodness and beauty", in the market to get explosive data growth.
STEPN's vision: to move millions of people to live healthier lifestyles, bringing them into the Web 3.0 world while making a positive contribution to carbon neutrality.
Highlights:
On the official website, we can see the following three main highlights:
Available to everyone
Through gamification and move2earn as core mechanisms, STEPN can push millions of people to embrace healthier lifestyles.
Zero barriers to entry
STEPN does not require people to own NFT assets before moving to move2earn. Instead, in a state of nothing, they can rent and use it for free from other users, and then share the proceeds. This can easily attract players outside the cryptocurrency circle.
Learn first and earn later
If you're not a regular player of cryptocurrency, you can make money through the game before you figure out how to use a decentralized wallet. This will also be the first step for xiaobai to enter the world of Web3.
Data is current to press time
In the view of the old Ya pi, STEPN has been popular for months, and the reasons for the popularity of the world are far more than this, today we will talk about how this application has become a dark horse in the industry.
Basic gameplay
The basic gameplay of the game is simple, players need to wear NFT sneakers to walk, jog or run outdoors to earn tokens.
Economic mechanism:
STEPN has a dual Token system, which are Game Token (GST, Total Unlimited) and Governance Token (GMT, Total Limited).
GST is used for a variety of in-game activities such as casting new sneakers, upgrading sneakers, upgrading gems, and more. The total amount of governance token GMT is 6 billion, which is used for profit distribution and high-end in-game activities in the game. StepN said in its campaign that it will continue to add new use cases for GST and GMT.
The game has a complete decentralized wallet built in, with SWAP exchange, cross-chain conversion features, and a comprehensive anti-cheat mechanism to prevent being hacked and exploited. Game tokenSGST can be freely converted to USDC, can be withdrawn to a wallet credit card, or withdraw cash.
Gameplay design
Running shoes include 4 varieties, namely Walker, Sneaker, Jogger and Trainer, the starting level is 0, the energy limit of a single shoe is 2, the collection level of green shoes is 3, and the purple shoe is 4; the maximum speed of running/walking varies depending on the type of shoe; when the player wears different types of sneakers and exercises at the corresponding optimal pace, they will earn GST by expending energy.
There is another NFT asset in the game: Gems .e. Gems. Gems can be used to enhance the properties of sneakers. It needs to be used with the corresponding chest slots, and high-quality chest slots further enhance the gem's properties.
In the game, GST is used for Shoe-Minting, repair, upgrade sneakers and gems, remake sneaker attributes, in general, STEPN by setting multiple application scenarios, increasing token consumption, output and consumption to achieve mutual restrictions, forming a dynamic balance, greatly enriching the gameplay of the game, in the game to achieve a more perfect dual currency mode, the game scene is more abundant, players can get different game experiences through a variety of game strategies.
DAO governance
Profit use in the game is voted on in the form of a DAO, and GMT holders will decide how much of the game's profits are used for carbon neutrality as a reward to pay them. At the same time, by locking in GMT in the profit pool, players will also get higher voting rights.
2% of the market transaction fee is set aside for the project team to maintain operations, and not less than 5% of the transaction fee will be returned to the STEPN ecosystem. Other taxes collected by STEPN will be transferred to a pool of funds shared, at the discretion of the GMT pledgee:
By locking in the GMT, players will receive higher voting rights:
If we look at the roadmap, we can see that STEPN is step by step, walking steadily on the regular route, focusing on community building.
Truly the application into sentences firmly into decentralized applications, from the version change log and its team's timely response in Discord, it can be seen that by listening to user feedback, actively improving the product is the foundation of a strong community survival and development, and it is also the cornerstone of good governance.
Project progress
Although the current move and earn model is currently only in the public beta stage, from today's analysis, in the future, STEPN has a greater chance of becoming the premier sports, game and social platform of web3.
Under the concept of normalizing the treatment of the epidemic, people's concepts of physical health and environmental protection have been increasingly improved, and STEPN has taken sports + environmental protection as the main highlight of its products, which has further enhanced the social value of STEPN.
In addition, it is worth mentioning that the rental system in the game further reduces the operating threshold from the objective conditions, which can attract empty-handed non-crypto market users, which is likely to form a circle-breaking spread.
In the future, STEPN will continue to cooperate with some sports brands and wearable technology companies. What is certain is that the life cycle of STEPN will be longer than that of an application that simply cloaks Defi in a game, and together we are waiting for the market to verify.