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STEPN — A web3 running app
STEPN is a Web3 running app with fun game and social elements.
Users equip themselves with NFTs in the form of sneakers. By walking, jogging or running outdoors, users will collect GSTs and NFTs.
Users equip themselves with NFTs in the form of sneakers. By walking, jogging or running outdoors, users will collect GSTs and NFTs.
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Alex Lizogub
So you have to purchase sneakers to earn coins. What’s the utility? Seems like coins will have huge selling pressure. App looks good tho.
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Stepn is a cool concept. I worry about the tokenomics and the lack of social incentives for long-term commitment. But maybe you can add competitions, challenges, group & private. That's a lot more web2 than web3. Personally I think all the value is going to be captured bridging digital products from web 2 to web3 via coin-powered communities connected to DAOs. Congrats on the cool design. It pops and is very clean. I'm a big supporter of anything that can help motivate and incentivize healthier lifestyles and act as a countervailing force vs. the temptations of modern life.
Pretty good breakdown here of STEPN—it's like a fitness rewards program but pays out in crypto: https://cryptonat.substack.com/p...
