GST est un jeton Solana qui alimente STEPN, une application Web3 qui encourage les utilisateurs à « move-to-earn » (bouger pour gagner). Les utilisateurs de STEPN équipés de baskets NFT peuvent gagner des GST en marchant ou en courant à l'extérieur, ou en « louant » leurs baskets NFT à d'autres utilisateurs. GST peut être utilisé pour payer des articles numériques et des mises à niveau.
What is the Green Satoshi Token (GST)?
The Green Satoshi Token (GST) is a digital cryptocurrency associated with the Stepn ecosystem. Stepn is a move-to-earn blockchain-based application that rewards users for physical activities like walking, jogging, or running.
How does Green Satoshi Token (GST) work?
GST is earned by users of the Stepn app as they engage in physical activities. The more they move, the more GST they earn. This token can then be converted into GMT (Green Metaverse Token) or USD Coin (USDC).
What is the relationship between GST and GMT?
While GST serves as an inflationary reward token, GMT acts as a store of value within the Stepn ecosystem. GST has an infinite supply, bearing the selling pressure from users cashing out their rewards. GMT, however, has a capped supply and accrues value based on in-app user transactions and in-game utility functions.
Stepn's move-to-earn concept promotes outdoor movement, reducing the use of motor vehicles. This approach indirectly supports the fight against global warming through carbon offsetting.
What is the significance of the Stepn app?
Stepn aims to promote a healthier lifestyle by incentivizing daily exercise with token rewards. It bridges the gap between the physical and digital worlds, encouraging users to maintain good health while earning cryptocurrency.
Who Are the Founders of Green Satoshi Token?
Jerry Huang and Yawn Rong are the co-founders of Find Satoshi Lab, the company behind STEPN. They conceptualized and developed STEPN, a unique "move-to-earn" application that rewards users with cryptocurrency for engaging in physical activities such as walking or running. Their innovative approach to integrating fitness with the crypto world has garnered attention, and they have recently expanded their ventures by launching an NFT marketplace named MOOAR. This marketplace stands out by mandating royalty fees, ensuring that original creators of NFTs receive a portion of the sales price every time their digital collectible is resold. The royalty fees on MOOAR can range from 0.5% to 10%, offering creators a choice in how they wish to be compensated.
Founded in 2021, the company has already amassed about 5 million users for STEPN and has ambitions of building a comprehensive crypto super app in the future.
How has the Stepn ecosystem evolved?
Stepn has expanded its offerings beyond the primary app. They've introduced a decentralized exchange called DOOAR and are working towards launching an independent NFT marketplace and launchpad. They also have collaborations with brands like ASICS and are venturing into offline events like marathons and music festivals.
What challenges has Stepn faced?
Despite its innovative approach, Stepn has faced skepticism from some quarters, with allegations of being a short-lived scheme. However, the company has been proactive in addressing concerns and iterating on its model to ensure sustainability.
What's the future vision for GST and Stepn?
Stepn aims to transition from a move-to-earn model to a more comprehensive Web3 lifestyle application with gamified and social components. They plan to collaborate with more consumer-focused retail brands to expand their user base and introduce more features to enhance user engagement.
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