STEPN stands as a pioneer in the move-to-earn (M2E) app transforming physical activity into tangible crypto rewards on the Solana blockchain. As the first Web3 fitness application to gain widespread adoption, STEPN incentivizes users to walk, jog, or run outdoors by equipping them with NFT sneakers, blending gaming, social elements, and blockchain technology to foster a healthier lifestyle.
Founded by Find Satoshi Lab after winning the Solana Ignition hackathon, the platform secured a $5 million seed round and has evolved into a comprehensive ecosystem where users earn Green Satoshi Tokens (GST) for movement, governed by the Green Metaverse Token (GMT), making fitness both fun and financially rewarding.stepn-gmt-web3
Source: STEPN
What Is STEPN Move-to-Earn Game ?
STEPN is a Solana-based move-to-earn game developed by the Australian FinTech firm Find Satoshi Lab, integrating play-to-earn mechanics with real-world physical activity to promote wellness through Web3 innovation. Since launching on Solana originally, the game has expanded to Ethereum and BNB Chain ecosystems as well.
Users purchase NFT sneakers, categorized as Walker, Jogger, Runner, or Trainer,via the in-app marketplace using Solana (SOL) or BNB Chain deposits, then track their steps via GPS to earn GST rewards proportional to distance and sneaker attributes like efficiency, resilience, and comfort. This dual-token economy, featuring GST for in-game utilities and GMT for governance and staking, positions STEPN as a gateway to crypto for fitness enthusiasts, with expansions like Stepn Go enhancing social and customization features without requiring a traditional crypto wallet.
Who Created STEPN?
STEPN was founded in 2021 by gaming and blockchain veterans Jerry Huang and Yawn Rong. There are 50+ members on the STEPN team spanning product, engineering, tokenomics, and community management and boosted by blue-chip backers including Sequoia Capital, Solana Ventures, and Alameda Research. Advisors like Twitch co-founder Justin Kan and ParaFi's Santiago Santos provide strategic guidance, fueling the project's post-hackathon momentum into a globally recognized Web3 fitness leader. This blend of entrepreneurial drive and institutional support ensures STEPN's agile evolution, from core M2E mechanics to expansive social features.
How Does STEPN Work?
Source: STEPN via App Store
At its core, STEPN operates by gamifying exercise: users equip NFT sneakers with varying qualities (Common to Epic) and types that dictate earning rates, such as 4-6.25 GST per energy unit based on speed tiers from 1-20 km/hr, while daily energy caps limit activity to prevent overuse.
Movement is tracked via the app's GPS, awarding GST for solo, marathon, or background modes,where background pulls from device health data without draining sneaker durability,followed by maintenance like repairs or upgrades using earned GST to boost attributes like luck and comfort. Sneakers can be minted from pairs to inherit traits, fostering a strategic marketplace economy, with platform fees funding GMT stakers and ensuring sustainable tokenomics.
What Are STEPN's Game Modes?
STEPN offers versatile game modes to suit different user preferences, starting with Solo mode for straightforward GST earnings tied to activity levels and sneaker rarity, ideal for daily routines.
Marathon mode introduces competitive edge through weekly or monthly races requiring 24-hour pre-registration, rewarding top performers with enhanced tokens, while Background mode enables passive earning by syncing with phone health apps even when the STEPN app is closed, preserving sneaker endurance for uninterrupted progress. These modes, combined with energy-based limitations, encourage consistent movement without burnout, making STEPN accessible for beginners and dedicated athletes alike.
What Are the Key Features of STEPN Game?
STEPN distinguishes itself in the burgeoning M2E niche through its Solana foundation, enabling low-cost, high-speed transactions that outpace Ethereum rivals, paired with a sophisticated dual-token economy that aligns user incentives with ecosystem health. Beyond basic earning, its deeper gameplay encompasses sneaker repairs, attribute upgrades, randomized minting to deter bots, and a thriving marketplace,adds strategic layers absent in simpler apps, while social innovations like Stepn Go position it as a holistic Web3 lifestyle platform. Coupled with robust security measures like Certik audits and GPS anti-spoofing, STEPN not only promotes fitness but redefines crypto engagement as an active, communal pursuit.
Security forms the bedrock of STEPN's crypto-native design, with comprehensive audits from Certik and Slowmist addressing smart contract vulnerabilities, complemented by proactive defenses like daily GST caps, GPS spoofing detection, and randomized loot boxes to thwart bot exploitation. These extensive measures with endurance mechanics and health data integrations help mitigate risks in a high-stakes environment, earning user trust through transparent updates and rapid issue resolutions. STEPN's commitment to heavy security boosts its reliability as a safe haven for blending fitness with blockchain rewards.
What Is STEPN Tokenomics?
Source: TokenInsights
The STEPN ecosystem thrives on its balanced dual-token model, where GST serves as the unlimited-supply utility token minted through movement and burned via in-game actions like shoe minting, repairs, leveling, socket unlocking, and gem upgrades, maintaining controlled inflation around 20-30x daily active users.
In contrast, GMT's fixed 6 billion supply allocated 30% to rewards, 30% to treasury, and the rest to investors, team, and sales, empowers governance, staking for platform fee shares, and premium perks such as improved minting odds for rare sneakers, attribute redistribution, and access to high-level content after milestones like Level 30 swaps for USDC. This structure incentivizes long-term participation while redirecting revenues to sustain growth.
Read more: Top 8 Solana DeFi Projects to Watch in 2025
How to Start Playing and Earning Rewards on STEPN App
You'll need a smartphone with GPS (iOS or Android), a valid email, SOL tokens (buy via exchanges like BingX), and access to STEPN communities (Discord, Telegram, X) for an activation code. Always download from official app stores to avoid scams, and back up your wallet seed phrase securely. STEPN requires outdoor GPS-tracked movement. Here's the step by step guide for setting up your STEPN account:
Step 1: Download the App
Open the Apple App Store or Google Play Store and search for "STEPN" by Find Satoshi Lab. Download and install the free app, about 100-200 MB. Launch it to begin setup; avoid unofficial sources to prevent malware.
Step 2: Register Your Account
Tap "Sign Up" and enter your email address to receive a 6-digit verification code (check spam if delayed). Input the code to verify, then set a strong password or use verification login for future access. This creates your basic profile; use a dedicated email for security.
Step 3: Get an Activation Code
If prompted (common for new users), obtain a free code from STEPN's daily drop link or community channels like Discord/Telegram where players share after spending 10 Energy. Enter the 6-8 digit code in the app to activate, it's one-time per account.
Step 4: Set Up Your Wallet
From the homepage, tap the wallet icon (top-right) and select "Create Wallet" to generate a Solana-based wallet or import existing ones like Phantom. Write down the 12-24 word seed phrase offline and confirm it and enable biometrics for protection. This non-custodial wallet holds your SOL, tokens, and NFTs; test with a tiny transfer first.
Step 5: Fund Your Wallet with SOL on the BingX Spot Market
Buy SOL on BingX spot market by searching SOL/USDT pair. then copy your STEPN wallet address (tap "Receive") and transfer via Solana network (low fees, 1-2 min confirmation). Swap some SOL for GMT if needed via in-app exchange for sneaker buys.
Step 6: Enable Two-Factor Authentication (2FA)
Go to Settings > Security and select "Add Google Authenticator." Download the app, scan the QR code, and enter the generated 6-digit code to link it. Save recovery codes securely, this protects against unauthorized access alongside email verification.
Step 7: Purchase Your First NFT Sneaker
Tap "Marketplace" on the homepage, filter for beginner types, and choose based on your fitness. Confirm the purchase with your SOL (includes tiny gas fee) and equip it in inventory. Start with low-mint Level 0 sneakers; use in-app tools to estimate daily GGT earnings.
Step 8: Start Earning on STEPN
Enable GPS, set daily goals in Profile, and head outdoors for your first walk/jog (use 1-2 Energy to build Fitness Level for boosts). Claim GGT/GST rewards post-activity in the wallet and track via HAUS for extras. Stay consistent to avoid penalties like reduced earnings from inactivity; join communities for tips on minting or events.
Top Strategies for Maximizing Earnings in STEPN
Savvy STEPN users employ targeted strategies to optimize returns, such as the low-risk "grind and swap" approach of accumulating GST through consistent activity and converting it to stable tokens like SOL or USDC to hedge volatility. For higher yields, "level and mint" involves investing GST and GMT to upgrade sneakers and breed superior offspring for marketplace sales, capitalizing on rarity demand, while GMT staking offers passive income from governance votes and fee distributions, appealing to long-term holders. These methods, informed by sneaker attributes and market trends, highlight STEPN's blend of accessibility and depth, rewarding both casual movers and strategic players.
STEPN's Roadmap
STEPN's roadmap unfolds across themed "Realms," beginning with
Realm 1: Genesis in Q1 2022, which launched core Solana-based M2E functionality, now progressing through
Realm 2: Expansion with Stepn Go's social integrations and avatar tools.
Upcoming Realm 3: Odyssey in 2023 will open APIs for third-party apps, democratizing development, en route to
Realm 4: Singularity by 2025+, envisioning an open platform that dissolves the founding entity for fully community-led governance.
Short-term priorities include fitness brand partnerships and multi-chain expansions, solidifying STEPN's trajectory toward mainstream Web3 adoption.
What Is Stepn Go: Expanding into Social Fitness Experiences
Source: StepnGo
Building on its M2E foundation, Stepn Go evolves STEPN into a social lifestyle app with gamified features like sneaker lending for shared earnings, 3D avatar customization via activity-earned NFT outfits, in-game friend interactions on dynamic maps, and player-vs-player races for competitive fun.
Powered by the new Go Game Token (GGT) for in-app functions, Stepn Go simplifies onboarding with activation codes from existing users, eliminating wallet barriers and broadening appeal to non-crypto natives. This expansion underscores STEPN's vision of transitioning from a fitness game to a vibrant social network, fostering community-driven wellness.
How to Trade STEPN (GMT) on BingX
BingX makes buying and trading GMT simple, with AI-powered tools like BingX AI that help you analyze price trends and manage risk more effectively.
Step 1: Log In or Create an Account
Log in to your BingX account. If you don't have one, you can register using an email or mobile number. Completing identity verification (KYC) is required for full access to trading features.
Step 2: Deposit Funds
Go to the Buy Crypto section to deposit funds into your account. BingX supports several payment options such as bank transfer, credit or debit card, and peer-to-peer (P2P) transactions.
Step 3: Trade GMT on the BingX Spot Market
GMT/USDT trading pair on the spot market powered by BingX AI
Spot trading lets you buy and sell GMT at the current market price and hold the token in your wallet.
1. Go to Trade → Spot and search for GMT/USDT
2. Choose your order type, Market or Limit
3. Enter the amount and confirm your buy or sell order
Once completed, your purchased GMT will appear in your Spot Wallet, where you can hold, transfer, or sell anytime.
Step 4: Trade GMT on BingX Futures
GMT/USDT perpetual contract on BingX futures powered by AI BingX
If you want to trade price swings or use leverage, you can trade GMT-USDT Perpetual Futures.
1. Open a BingX Futures account
2. Transfer USDT to your Futures wallet
3. Search for GMT-USDT Perpetual
4. Choose your order type and select leverage up to 20x
5. Open a Long (price up) or Short (price down) position
6. Manage risk using Take Profit, Stop Loss, and AI-assisted trading tools
Conclusion
As STEPN continues to redefine the move-to-earn landscape, its evolution from a groundbreaking Solana-based app rewarding users for walking, jogging, and running outdoors to a vibrant social ecosystem via Stepn Go exemplifies the seamless fusion of fitness, gaming, and blockchain innovation. With recent milestones like the latest Townhall introducing in-game challenges, leaderboards, and sneaker updates, STEPN's dual-token model remains resilient amid market fluctuations.
Ongoing events like the Marathon Challenge, offering rewards and exclusive boxes, boost the platform's commitment to community-driven growth and sustainable tokenomics, inviting both casual movers and strategic players to stake their place in a healthier, more connected Web3 world. Whether you're grinding GST through solo runs or staking GMT for passive perks, STEPN isn't just a game, it's a movement toward incentivized wellness.