The Move-to-Earn wave has usurped Play-to-Earn – a cult trend of 2021. Step App is a GameFi project combined with Metaverse that was quickly launched to catch up with the current trend. Step App is considered as the successful successor of StepN for the M2E movement. So does Step App have any outstanding features? How does Step App work the same or different from StepN? All these will be answered by TraderH4 in the article below.
Step App is a project that successfully combines Metaverse with GameFi to increase the user experience. Like StepN, Step App is a Move-to-Earn development project, focusing on health care and improvement.
The outstanding sports activities of Step App are walking, jogging, exercising… Like StepN, to join Step App, you need to own SNEAK NFT. This is an important item (asset) that helps you earn more tokens. After “accumulating” a large enough amount of tokens, you can convert them into cash.
Currently, Step App provides 3 main products as follows:
Incorporating Metaverse into GameFi helps Step App own more outstanding features compared to other Move-to-Earn projects.
It is no exaggeration to say that Step App, the fitness application on the Avalanche platform , is the first direct competitor of STEPN.
Step App also developed based on StepN quite a lot, specifically needing to own a pair of NFT shoes to start making money. Besides, Step App also uses 2 token mechanism, FITFI is the governance token and KCAL is the utility token in the platform.
In addition to the main feature "make money", Step App also has the following highlights:
Game Economy in Step App, includes 2 main activities: Collect tokens and collect NFTs.
Collect tokens
Players can collect KCAL and FITFI tokens through the following activities:
NFT Income
These are the development milestones of Step App at the end of 2021 and the specific roadmap for this year.
Q4 2021
Q1 2022
Q2 2022
Q3 2022
Q4 2022
Despite being born late, the project is still developed by well-known figures in the industry and has a very strong team of advisors.
Kirill Volgin is a former CFO at zerion.io who has launched several projects in the crypto space such as the Tokenary wallet (first NFT wallet and Safari extension). Before that, Kirill also founded and ran a venture studio company. The company has many impressive pieces of software, and more than 100 of them have been wildly successful.
Dmitry Gordeychuk used to be the Head of Blockchain at symbiosis.finance, with over 5 years of blockchain development experience. He is also the one who has the opportunity to "pioneer" in the DeFi segment at the early stage.
Robert Vukosa is also a special character in the development team of Step App. He has over 10 years of experience in the traditional financial background. Robert also has extensive experience in policy design, customer service oversight, and technology solutions implementation. Although he has no direct experience in blockchain, Robert is a responsible leader with analytical and strategic thinking, committed to ensuring a high level of productivity and compliance.
In addition to the experienced founding team, Step App also has an extremely powerful team of advisors. This shows the research and investment of the founding team before embarking on project implementation.
Dharpan Randhawa is a person with more than 20 years of experience in the sports industry. Dharpan currently runs Talisman and runs a group of senior commercial leaders from Manchester City & Los Angeles Lakers, with offices in Dubai, Singapore and Shanghai.
Dovey is a character who has been nominated by Coindesk as one of the most influential players in the blockchain space. In addition, Block Explorer also introduced her as one of the most important influential women in blockchain.
Hatu is one of the co-founders of DAO Maker. Over the years, Hatu has acted as an advisor and consultant to make changes in the GameFi and DeFi segments .
Co-founder of Kairon Labs, a crypto market maker (liquidity provider) and consulting firm. Jens has experience working with more than 200 different large and small projects including metaverse projects and companies like Everdome, Animoca Brands, COTI, Dopex, Seedify, DeFI Pulse Index…
Founder and CEO of the first blockchain project WOM/YEAY. At YEAY, Melanie also had the opportunity to work with brands like Nike, Converse, Vans, Asics
Co-founder BTC In (Bitcoin Magazine, Bitcoin 2022), co-founder at Zerion, advisor at Qtum.
Oliver Bell is the Founder and CEO of XCAD Network, a fan blockchain platform for the world's largest creators and celebrities. Oliver also founded the largest DEX on Zilliqa, and is an advisor at Blockasset & Opulous.
FITFI governance tokens are used for the following purposes:
The project's 5 billion FITFI token allocation plan is as follows:
Step App is a Move-to-Earn application that allows users to earn in-game tokens through sports activities similar to StepN. The mechanics and economic models in the game are similar to StepN. Users must burn tokens to maintain NFT, a mechanism where two tokens work in parallel.
More prominently, Step App has added Metaverse elements to the game and the project has partnerships with many of today's top athletes. Now that it is only at the beginning of the trend, will Step App and StepN have the same "end" as the previous popular Play-to-Earn movement, which soon blooms and then fades away. Especially in the downtrend period, we don't know which projects will be "alive" to wait for the opportunity to fly in the next uptrend season. Therefore, you need to carefully research all information before making an investment decision.
Below are the most commonly asked questions about the Step App project and the FITFI token. If you have the same question, you can refer to the answer right below.
How to earn and own FITFI?
To earn and own FITFI tokens, in addition to buying and selling directly on listed exchanges, you can also participate in staking coins to receive rewards.
What role does KCAL token play in Step App?
KCAL is used to:
How much supply does FITFI have?
The total supply of FITFI tokens is 5,000,000,000 FITFI.
Where does Step App's revenue come from?
The working mechanism of Step App is similar to StepN. The project earns revenue from the following activities:
summary
Step App is a Move-to-Earn project, quickly keeping up with the current trend of StepN . The project also requires players to equip NFT shoes and also has a mechanism to raise wealth, burn tokens according to regulations like StepN.
It can be seen that the Move-to-Earn movement was born to hit the weak point of people's laziness today. The mission and social values are really nice, but is exercising for money a motivator for sustainable health? Besides, we also have to wonder if Step App is a smart Move-to-Earn game project that can create a "turning point" of the X to Earn trends that have been storming. but it is still a thing of the past, making room for a new trend or not.
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