STEPN (GMT) is a web3 lifestyle app created with features like SocialFi and GameFi. They have efficiently succeeded in upgrading an old concept of exercising to move-to-earn which is currently fully functional and vastly popular in the blockchain industry. The idea is to promote socializing and enable users to have a healthy life at the same time which is now a possibility, courtesy of STEPN.

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STEPN was created by an Australia-based fintech studio Find Satoshi lab. The company is known for several contributions in the past including its dominance as the top team in the 2021 Solana Ignition Hackathon Gaming Track.

Recently, GMT price surged more than 2000%, making it one of the top-performing web3 crypto tokens of 2022. According to crypto experts, the price rally around GMT is going to increase and the next short-term target is a break of $5.

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GMT is the native token behind the STEPN project and offers a limited supply of six billion tokens. It can be earned in different ways such as through the Token Generation Event (TGE) where it can be minted. GMT is the governance token of the STEPN ecosystem while the users earn the game token GST as rewards for their activities. The GMT coin has a circulating supply of 600 million as of April 2022. The total limited supply of STEPN’s governance token is fixed at 6 billion.

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The game lets players buy GMTs and perform activities to earn GST tokens. In-app purchases, levelling up, minting new NFT sneakers, or exchanging them for cash are all possible with these tokens.

STEPN’s in-app marketplace allows users to lease or sell their NFT sneakers in exchange for more GST tokens. These tokens can be stored in the app’s very own wallet.