STEPN spends 100 million dollars to repurchase and destroy 600 million GMT
Hello brothers, I am trader Zhu Yidan. Today, I will educate you about the altcoin GMT. STEPN is a motion application that allows users to earn while moving, and GMT is its governance token. Users equipped with NFT sneakers can participate in outdoor activities to earn token and NFT rewards. STEPN features a built-in wallet, NFT marketplace, exchange, and a leasing system that allows non-crypto users to also use STEPN.
$GMT is a popular project that launched on Binance Launchpad. The GMT DAO is the ecological fund for the GMT token. GMT is widely used by various products, such as in the GameFi product STEPN and STEPN GO, which has over 6 million users, where a large amount of GMT has been used and burned 800 million tokens. STEPN has long-term partnerships with well-known companies such as Casio, ASICS sneakers, and Adidas sneakers. In the cross-chain NFT market and launch platform MOOAR, GMT is used for trading NFTs and for automatically generating NFTs using artificial intelligence. On the cross-chain DEX DOOAR, GMT is used for transaction fees and trading pairs. GMT is also used in other products such as the strategy-based GameFi Gas Hero and the mini-game Morchi. Through FSL ID, GMT is also used by other GameFi projects as a user registration tool and provides the functionality to earn GMT points through interaction, creating a large user base for GMT.