How To Play STEPN?
Crypto Basics

How To Play STEPN?

6 Minuten
5 months ago

A step-by-step guide to one of the most popular move-to-earn blockchain games, STEPN, which rewards you for staying physically active. Read more!

How To Play STEPN?

Inhaltsverzeichnis

Non-fungible tokens (NFTs) present a new paradigm for video games and other industries. Rewarding people for becoming more active - by walking or running around more - is a viable approach. Projects like STEPN try to make this concept a reality by gamifying a healthy lifestyle and letting users earn rewards for putting their best foot forward.
The STEPN venture revolves around the move-to-earn NFT lifestyle, motivating people to get or stay fit. Moreover, it caters to various types of people, including those who like to walk, jog, or run.

What Is STEPN?

Through the STEPN ecosystem, users are incentivized to improve or maintain their fitness by walking, jogging, or running. It does not require any extra fitness hardware, as everything is tracked digitally. However, participants will need to obtain tokenized sneakers on the blockchain, as NFT sneakers will determine how much you can earn by moving about.

The STEPN ecosystem consists of an application with a built-in marketplace and wallet. Users can buy and store their NFT sneakers in this ecosystem or lease and sell them through the marketplace. Users are always in control of their assets and can perform whichever action they deem necessary.

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The GST Token

Like any other blockchain rewards-based initiative, STEPN will have a native token. However, this ecosystem has two tokens. The first is Green Satoshi Token (GST), which serves as a utility token on the platform. It is the go-to option to make your sneakers more efficient, repair your shoes, mint a new sneaker, or convert it to USDC. Additionally, GST is used to level up sneakers and boost mystery boxes.

Users earn GST as part of the move-to-earn mechanics in this ecosystem or by renting NFT sneakers to other users.

The GMT Token

The other token in the STEPN ecosystem is Green Metaverse Token (GMT). It provides governance rights to holders, giving them a say in the future of the STEPN project. Users can earn GMT through leveling up sneakers, halving events, or a random daily distribution.

How to Play STEPN

The current version of STEPN is very accessible, assuming users can get their hands on an invite code. Without that code, it is impossible to sign up for an account.

Step 1: Install the Application

The first step in becoming part of the STEPN ecosystem is to download the project's mobile application. It is available on iOS and Android, and the official links can be found on the STEPN website.

Step 2: Create an Account

Signing up for an account is mandatory for those looking to use STEPN. However, users will need an invite code, as it is a mandatory aspect. STEN has seen overwhelming demand for access and the team uses this invite-only system to ensure the project does not grow too fast or become unsustainable.

Users with an invite code will need to enter their email address, to which the system will send a verification code.

Getting an invite code for STEPN is possible by joining the Discord server or Telegram group. New codes will be generated daily and distributed on a first-come-first-served basis. There are 1,000 codes per day via Telegram - resetting at 13:00 UTC - and the Discord server generates a new code every 12 minutes.

Step 3: Create a STEPN Wallet

Once you have signed up for an account and logged in, you will see the homepage of the STEPN ecosystem. One of the first things you need to do is create a wallet to store funds and your NFTs. Users can create a wallet on Solana or the BNB Chain, depending on preference.

The wallet section consists of two tabs: Spending and Wallet. Click on the Wallet tab first. You will be asked to generate a new wallet or import an existing one through a seed phrase. For this article, we opted for a brand new wallet, as that is the option most users will explore when accessing STEPN for the first time.

To create the new wallet, you will need to create a password and note down the seed phrase. As a security measure, you will need to confirm that phrase, so write it down or take a screenshot of it and keep the information safe.

Step 4: Fund Your Wallet

Depending on which chain you prefer, it is time to fund your account. STEPN features move-to-earn mechanics, but it is not free-to-play. Users need a sneaker NFT to earn the in-game currencies.
Users can generate a receiving address for Solana or BNB chain with ease and get their account funded with SOL or BNB, respectively. You can fund your wallet from any exchange or suitable non-custodial wallet at your disposal.

Step 5: Buy Your NFT Sneaker

It is impossible to earn money with STEPN without owning an NFT sneaker. These sneakers come in different varieties depending on your preferred activity:

  • Walker (1-6 km/ hr)
  • Jogger (4-10 km/ hr)
  • Runner (8-20 km/ hr)
  • Trainer (1-20 km/ hr)

The NFT sneakers are available on the in-game marketplace, with items listed in BNB and SOL prices. Additionally, you can opt to buy a randomized shoebox containing one random sneaker.

Prices for NFT sneakers will vary but expect to pay roughly $300 for entry-level options.

If you prefer to rent sneakers from other players, that is a free way of playing the game. However, you will share the profits with the original NFT owner, so keep that in mind.

Every sneaker has a set of details users can explore, including:

Quality: Common, Uncommon, Rare, Epic, Legendary
Efficiency: Enhance GST token earnings
Luck: Enhance mystery box drop rate
Comfort: Enhance GMT token earnings (at level 30)
Resilience: Reduces repair costs

Step 6: Go out and Earn

The STEPN team has made strides in ensuring users cannot trick the system. Those who engage in stationary walking, treadmill running, or moonwalking, will not earn tokens. The STEPN app uses an active GPS connection to ensure you are moving around.

If the GPS signal is strong, you will earn guaranteed GST tokens. A low or no signal means low or no earnings. Additionally, users need to maintain the optimal speed for their sneakers:

Walker: 1-6 km/hr

Jogger: 4-10 km/hr

Runner: 8-20 km/hr

Trainer: 1-20 km/hr

The earnings can be classified as follows (assuming a strong GPS signal):

Walker: 4 GST/1 energy spent

Jogger: 5 GST/1 energy spent

Runner: 6 GST/1 energy spent

Trainer: 4-6.25 GST/1 energy spent

Step 7: Burn GST/GMT

While STEPN users can earn GMT and GST, they are also used to enhance one's shoes in the game and improve efficiency, earnings, comfort, and resilience.

Additionally, users can mint new sneakers to sell or keep, or swap GST/GMT to USDC, the second-biggest stablecoin in the cryptocurrency industry.

Step 8: Don’t Try to Cheat!

A recent update to the STEPN ecosystem will prevent the manipulation of game mechanics or exploitation of loopholes to give users a significant advantage. Cheating methods one could think of include GPS spoofing, motion simulation, or using multiple phones at once while running the app. Such behavior would prove detrimental to the in-game currencies and NFTs. The developers have come up with an AI-based anti-cheating system that has been in development for several months.

Through cutting-edge machine learning, the STEPN app will cross-reference data with an internal standard. Any discrepancies will lead to users getting flagged, which can lead to suspension of rewards and durability losses, with more [severe] penalties to follow. All anomalies will be identified and verified internally before any punishment is meted out.

STEPN Review

The STEPN move-to-earn initiative is a worthwhile venture highlighting the potential of blockchain assets and NFTs. Moreover, it rewards those who want to live a healthy lifestyle, an aspect no one should overlook. Going outside is good for people of all ages, and STEPN caters to any kind of activity, including walking and jogging.

Although one needs to acquire a sneaker NFT to start earning, the investment cost is still fairly moderate. Additionally, the game will soon feature renting features to make it free-to-play to users who don't mind sharing their earnings with the NFT owner.

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