The Green Metaverse Token (GMT) is the governance token for STEPN, a Web3 lifestyle app designed around a “move-to-earn” concept. This innovative platform encourages users to stay active by rewarding them with tokens for engaging in physical activities like walking, jogging, or running while wearing NFT sneakers.
Key Details About GMT:
1. Purpose: GMT allows holders to participate in the governance of the STEPN ecosystem. It can also be used for staking and purchasing items in the STEPN marketplace .
2. Supply: The token has a capped supply of 6 billion tokens, ensuring scarcity. It operates across multiple blockchain networks, including Solana, Binance Smart Chain, and Ethereum .
3. Dual Token Model: Alongside GMT, STEPN also uses the Green Satoshi Token (GST), which serves as the utility token for in-app rewards. GMT, in contrast, serves governance and premium purposes .
4. Backing and Partnerships: STEPN has received significant support from prominent investors like Sequoia Capital and Binance. It also collaborates with global brands, such as Adidas, for exclusive drops like NFT-enabled sneakers .
How It Works:
• Users must first download the STEPN app and acquire NFT sneakers.
• By staying active, users earn GST tokens, which can be converted into GMT for governance or trading purposes .
Unique Features:
• Carbon Offsetting: The app lets users donate tokens to support carbon offsetting initiatives, reflecting its eco-friendly ethos .
• Blockchain Efficiency: Built on the Solana blockchain, it benefits from fast transaction speeds and robust security measures .
Market Insights:
• As of now, GMT has a circulating supply of approximately 2.62 billion tokens and is traded on major exchanges like Binance and Kraken. It is used by fitness enthusiasts and crypto investors alike for its utility and investment potential .
Have ideas on how GMT (Greenwich Mean Time) can be revolutionized for the modern world? Here’s your chance to turn those thoughts into a winning opportunity! By sharing your vision, you could win a grand prize of $10,000.
Why GMT Matters Today
As the global standard for time, GMT has been essential for navigation, communication, and synchronization across borders. But in today’s fast-paced, digital world, it’s time to rethink how GMT can evolve to meet modern demands.
What We’re Looking For
We’re asking YOU to share your ideas on how GMT can be:
• Enhanced for Global Collaboration: How can GMT better serve businesses, travelers, and global citizens?
• Integrated with Technology: Could AI, blockchain, or wearable devices transform how we track time?
• Made More Inclusive: How can GMT adapt to cultural and regional time needs while maintaining its universal appeal?
How to Participate
1️⃣ Post your ideas or article about the future of GMT.
2️⃣ Use [specific hashtags or platform details, if applicable].
3️⃣ Get a chance to win $10,000 for your innovative thoughts!
Your Vision, Your Impact
This isn’t just a contest—it’s a chance to shape the future of timekeeping for a borderless world. Whether it’s sustainability, technology, or personalization, your ideas could pave the way for a global transformation.
Ready to Join?
Share your thoughts today and take the first step toward winning big!
Don’t wait—time is ticking!
⏰$GMT