$99,566.00
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0.00%$299.91
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0.04%$27.31
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0.09%$15.71
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1.18%$19.29
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0.02%$0.999178
0.01%$0.262325
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0.06%$1.71
0.75%$9.36
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0.01%$96,910.00
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0.00%$0.0146791
-7.30%$0.999279
0.00%$18.05
-6.75%Reading
Shiti Manghani, COO of Stepn, the app that lets users earn tokens for exercising, spoke to Decrypt's Dan Roberts at NFT Paris about Stepn's current health, its plans to addnew achievement systems for the top users, and parent company Finding Satoshi Labs and its plans to launch more apps.
Stepn, a crypto project that lets users earn crypto for running, plans to launch a suite of new features, including an achievement and badge system, “soon.”
The project’s COO Shiti Manghani told Decrypt that if "GMT is at the center of the solar system, we want to add value and capture value back to GMT through all of our products."
The exec said these would include “apps on the demand side that onboard consumers from Web2 to Web3,” adding that Stepn will then serve users' needs, be it providing liquidity for their NFT swaps or even providing them the tools to launch their own projects.
NFT "move-to-earn" app that pays people to exercise Stepn is rolling out another token airdrop for its Genesis NFT holders. So, who makes the cut for this next airdrop? The giveaway, titled the STEPN New Horizon Initiative, will apply to anyone who owned one of the organization’s Genesis Sneaker NFTs as of 0:00 UTC on Sunday. Genesis sneakers are marked by a “G” in their identification numbers and are not to be confused with other sneaker types, like the "OG" sneaker. Furthermore, anyone who...
Launched in December 2021, the project rewards users with Green Satoshi Tokens (GST) for doing physical exercise. after selecting one of several types of NFT sneakers.
The project works via its own mobile app and is built on blockchain Solana, and uses a dual-token model: the Stepn governance token called Green Metaverse Token (GMT) and GST.
Stepn has been hit with some potential setbacks in the past year.
At its peak in May 2022, the app saw more than 700,000 monthly active users, per data from Dune. Last December, the last month the data tracked, that figure was just under 45,000.
In May 2022, the app blocked its GPS function for users in Mainland China, making it effectively unusable for users in the region, which led both its associated tokens to plummet sharply in the immediate aftermath.
In June 2022, Stepn was also hit with a number of distributed denial-of-service (DDoS) attacks, following three other DDos incidents in the months prior.
Avalanche massively multiplayer online role-playing game (MMORPG) MapleStory N has been inundated with bots and hackers since its massive launch in May. Keith Kim, head of strategy at developer Nexpace—the blockchain arm of gaming giant Nexon—told Decrypt this week that thousands of accounts are being banned every day to maintain the game’s integrity for legitimate players. Hackers, glitchers, attackers, and exploiters are common in every kind of video game—we’ve lived through the Call of Duty h...
Social party game Forgotten Playland is further entrenching itself in Web3, formally integrating with Beam Network, an Avalanche L1 chain, while unveiling new content and a battle pass. With the update and blockchain integration, most in-game assets within Forgotten Playland become freely tradeable, allowing players to exercise one of the promises of decentralized gaming and entitling them to own a piece of the game economy. Players will be able to own two different types of NFTs on the platfor...
B3, a layer-3 gaming protocol built on Ethereum network Base by former Coinbase employees, announced Tuesday that it has acquired gaming PC manufacturer Andromeda Insights to help fuel its push into hardware. And it’s starting with a crypto-focused PC setup, complete with a storage drive that can self-destruct at the press of a button. The move is designed to enable B3 to capture the entire gaming stack—protocol, games, and hardware—while providing Andromeda with additional resources to meet pro...
