What is STEPN (GMT)? The MOVE to EARN (M2E) platform, run and earn money for free (update 2025)

What is STEPN (GMT)?

STEPN is a pioneering Web3 application in the Move-to-Earn (M2E) sector, combining GameFi and SocialFi elements, allowing users to earn money by participating in physical activities like walking or running outdoors. The project is built on the Solana blockchain, with a vision to promote a healthy lifestyle and reduce carbon emissions through green initiatives.

What is GMT

1. How STEPN works

Users need to equip NFT sneakers to participate. The main steps include:

• Buy NFT sneakers: Users need SOL to purchase shoes on the STEPN marketplace.

• Move-to-Earn: Activities like walking or running outdoors will earn GST (Green Satoshi Token) or GMT (Green Metaverse Token) based on the attributes and quality of Sneaker shoes.

• Game modes: Includes 3 modes:

• Solo Mode: Earn GST by walking or running.

• Marathon Mode: Weekly or monthly competitions with attractive rewards.

• Background Mode: Collect steps from health apps without opening the app.

2. Outstanding features

• Burn mechanism: A portion of GST and GMT is burned to maintain value, applied when repairing shoes, upgrading Sneaker levels, or minting new shoes.

• Anti-fraud: STEPN uses an AI system to detect and prevent fraudulent behavior in earning money from the app.

• DeFi integration: The app supports decentralized wallets and token swapping directly in the app.

3. Tokenomics of GMT

• Token name: Green Metaverse Token (GMT).

• Blockchain: Solana, BNB Chain.

• Total supply: 6,000,000,000 GMT.

Allocation:

• Move2Earn: 30%.

• Ecosystem: 30%.

• Team: 19%.

• Private Sale: 16%.

• Public Sale: 3%.


Utility:

• Governance: Vote for changes in the protocol.

• Fee payment: Used to upgrade Sneaker, mint new NFTs, or customize shoes.

• Rewards: Earned from movement activities.

4. Benefits of using STEPN

• Earn money from physical activities: Encourages a healthy lifestyle.

• Marketplace: Buy, sell, or rent Sneaker NFTs.

• Easy access to Web3: New users can participate without cryptocurrency experience thanks to an intuitive system.

5. Guide to participate and buy GMT

1. Download the STEPN app: Available on the App Store and Google Play.

2. Create an account: Register with email and set up a wallet in the app.

3. Buy Sneakers: Transfer SOL to the wallet and purchase Sneakers on the marketplace.

4. Buy $GMT : On exchanges like Binance, FTX, or Uniswap.

5. Store GMT: Use a wallet compatible with Solana like Phantom or Trust Wallet.

Conclusion

STEPN is a groundbreaking project in the Move-to-Earn field, combining health and blockchain. With an innovative earning mechanism, STEPN not only provides financial value but also promotes a healthy lifestyle. The project has great development potential, but users should consider the input costs and the risks of token price volatility.

Source: BLOGTIENAO - @Blog Tiền Ảo