Bill Xing

Can Move-to-Earn NFT Game Stepn Avoid the Pitfalls of Axie Infinity?

Stepn is on a massive “run” this year, if you’ll pardon the pun. The app that rewards users with crypto tokens for walking, jogging, or running has inaugurated a new genre of game called “move-to-earn.” The game’s utility token Green Satoshi (GST) and governance token STEPN (GMT) can be traded for Solana’s native token (SOL) or the USDC stablecoin. Early adopters of the game were keen to share their fun and boast about their profits, with some claiming to earn $200 per day by exercising outside....