Adidas and Stepn have partnered to shift from NFTs to physical products, with plans to launch sneakers this month.
According to market data, the STEPN GO new coin GO GAME TOKEN (GGT) rose by 2120% in 1 hour and 10 minutes after its launch, and then fell by about 73% to $6.8. It is reported that GGT is a Polygon on-chain token with an unlimited number, which can be obtained by users who complete sports tasks. GGT's revenue is tied to the efficiency attribute. Burning GGT can Mint running shoes, upgrade running shoes, etc. GGT consumed by users within the STEPN GO app will be destroyed on a daily basis.
On August 21st, STEPN GO, a mobile fitness and money-making app, announced that it will open the Alpha test to all users and launch a new Haus system. The system allows users to invite others to participate by lending or giving away virtual sneakers, improving the social nature of the app. New users can join the Alpha test by simply entering the activation code and start earning the newly launched GGT tokens. STEPN GO emphasizes that the Haus system is designed to lower the barrier to entry, all...
On July 19, STEPN GO announced on the X platform that it intends to airdrop to STEPN GO Alpha Draw unsuccessful participants. Eligible users who hold at least one Alpha Draw ticket but do not win a set of shoeboxes will receive a STEPN GO Shoe Box. It is reported that the reward is soul-bound and cannot be traded on the market. In addition, the FSL ID used to participate in Alpha Draw must be added to the STEPN account.
STEPN announced a partnership with domain name service provider Unstoppable, which now supports the application and locking of ".stepn" domains, making it easier to generate and accept cryptocurrencies, including GMT.