What Is STEPN? Comprehensive Overview of the Move-to-Earn App, How It Works, and How to Start

What Is STEPN?

STEPN is a Move to Earn app that lets users earn cryptocurrencies like GST and GMT by purchasing NFT sneakers and engaging in real-world exercise. This service, which combines a healthy lifestyle with economic rewards, has gained global attention.

STEPN incorporates GameFi elements, allowing users to earn cryptocurrency by walking or running. Since its launch in December 2021, the app has attracted over 5.7 million users worldwide, making it a leading Move to Earn platform in the Web3 space.

More than just a health app, STEPN is an ecosystem built on blockchain technology and NFTs. Its unique model—turning everyday activities like walking or running into digital assets—has the potential to redefine traditional concepts of value and wellness.

How Move to Earn (M2E) Works

Move to Earn is a new concept where users "earn by moving." Unlike traditional Play to Earn games, which are limited to virtual environments, STEPN transforms real-world physical activity into cryptocurrency rewards.

When users wear NFT sneakers and walk or run, the app’s GPS and motion sensors accurately track their activity. Based on the amount of exercise, users earn GST, a cryptocurrency, enabling both health benefits and financial incentives at the same time.

This Move to Earn system has helped many users build consistent exercise habits.

The Two Cryptocurrencies in STEPN: GST & GMT

STEPN revolves around two main cryptocurrencies: GST and GMT.

GST (Green Satoshi Token) is a utility token earned through everyday exercise. It's used for sneaker repairs, leveling up, and minting new sneakers. GST has an unlimited supply and is continuously earned based on user activity.

GMT (Green Metaverse Token) is STEPN’s governance token. Its supply is capped at 6 billion, and it's used for upgrading high-level sneakers and voting on platform policies. GMT’s scarcity positions it as a potential long-term store of value.

NFT Sneakers: The Core of Gameplay

In STEPN, NFT sneakers are the central items for gameplay. Each sneaker is a unique digital asset recorded on the blockchain.

NFT sneakers come in five rarities: Common, Uncommon, Rare, Epic, and Legendary. The higher the rarity, the better the base attributes and the more GST or GMT you can earn. Sneakers can be traded with other users in the marketplace and carry investment value as digital assets.

STEPN’s Key Mechanisms and Features

STEPN combines advanced blockchain technology with mobile features to deliver an accurate and fair activity tracking system.

Accurate Exercise Tracking with GPS Integration

STEPN uses GPS (Global Positioning System) for precise activity tracking. The app records movement distance, speed, and duration, and calculates rewards based on this data.

The anti-cheating system "SMAC" analyzes GPS and accelerometer data to detect fraudulent activity. By using the phone’s built-in sensors, it monitors actual physical movement and ensures proper exercise validation. This advanced GPS-enabled system lets users confidently earn cryptocurrency through activity.

Energy System and Reward Calculation

STEPN’s energy system limits the amount of exercise per day. The maximum available energy depends on how many sneakers you own and their rarity.

Each energy point allows 6 minutes of exercise, and each sneaker grants 2 energy. Rewards are calculated as "energy consumed × sneaker efficiency × time factor," and exercising within the optimal speed range yields the best results. This system helps users plan and optimize their activity schedules for maximum efficiency.

The Four Sneaker Types and Optimal Speeds

STEPN offers four sneaker types to suit different exercise styles. Each type has an optimal speed range, and exercising within that range maximizes GST earnings.

• Walker: 1–6 km/h, earns 4 GST per energy
• Jogger: 4–10 km/h, earns 5 GST per energy
• Runner: 8–20 km/h, earns 6 GST per energy
• Trainer: 1–20 km/h, earns 4–6 GST per energy

Selecting the type that matches your activity habits is key to efficient GST earning. This four-sneaker system accommodates a wide range of user exercise styles.

Sneaker Attributes

Every NFT sneaker has four core attributes that impact gameplay. When leveling up, you earn points to freely boost any of these attributes.

• Efficiency: The main attribute—determines GST earned per energy spent
• Luck: Affects how often and how good mystery boxes are
• Comfort: Impacts GMT earning efficiency and HP loss rate
• Resilience: Slows down durability loss

Distributing attribute points strategically allows you to customize sneakers to your play style. This flexibility lets users enjoy STEPN with a variety of strategies.

How to Start Using STEPN

Getting started with STEPN involves a few steps, from downloading the app to buying NFT sneakers. Follow these steps for a smooth start.

Step 1: Download and Register the STEPN App

Download the STEPN app to your smartphone. It’s free on the App Store (iOS) and Google Play (Android).

Once installed, create an account with your email. Enter the six-digit verification code sent to your email to complete registration. This setup gives you access to STEPN’s core features.

Step 2: Getting an Activation Code

You need an activation code to start using STEPN. Get one from an existing user or for free from the official Discord community.

In the official Discord "Get your activation code" channel, new codes are generated automatically at regular intervals. Sometimes codes are distributed on Twitter and other platforms, but buying codes is strictly prohibited—always obtain them for free. This activation code unlocks full use of STEPN.

Step 3: Create Your Wallet and Configure Security

After entering your activation code, create a wallet in the app. This wallet stores your NFT sneakers and earned crypto.

Set a six-digit passcode and write down the twelve-word seed phrase displayed, keeping it in a safe place. The seed phrase is critical for recovering your wallet if you change devices. With proper security setup, you can safely manage your digital assets.

Step 4: Buy NFT Sneakers

To play STEPN, buy NFT sneakers from the marketplace. You’ll need GMT (Green Metaverse Token) for sneaker purchases.

First, buy GMT from a crypto exchange and send it to your STEPN wallet. Then, select and buy sneakers in the app’s marketplace. Once you have NFT sneakers, you can start exercising and earning crypto with STEPN.

Step 5: Start Exercising and Earning

After purchasing NFT sneakers, you can begin exercising with STEPN. Open the app, select your sneakers, and tap "START."

Exercise outside in an area with a steady GPS signal, maintaining the optimal speed range for your sneaker type. After finishing, check that GST earned is reflected in your wallet. Build a consistent exercise routine to maximize your health and rewards.

Key Considerations and Risks When Using STEPN

STEPN is an appealing app, but users should understand the risks. Knowing these risks and taking proper precautions will help you use STEPN safely.

Initial Investment Required

To use STEPN, you must invest up front to buy NFT sneakers. Prices range from several thousand to several hundred thousand yen and fluctuate with market demand.

The main risk is not recouping your investment. Declining sneaker values or drops in GST/GMT prices can reduce or eliminate expected returns. Start with a low-cost Common sneaker, learn the system, and consider additional investment only after you’re familiar with the platform.

Cryptocurrency Price Fluctuation

GST and GMT earned in STEPN are cryptocurrencies and their prices change constantly. GST has seen both major spikes and sharp drops in the past.

Price swings directly affect the real-world value of GST you earn. Consider periodically exchanging some tokens for more stable assets. Also, treat STEPN primarily as a health tool, with crypto rewards as a bonus.

Buying Activation Codes Is Against the Rules

STEPN strictly prohibits buying and selling activation codes. Still, some platforms have been found selling codes for a fee.

Buying codes violates the terms and may result in account suspension or deletion, with an added risk of fraud. Always get codes for free from the official Discord. Official social media channels also distribute codes—stick with official channels for safety.

GPS Signal and Activity Speed

STEPN depends on GPS, so signal strength significantly impacts rewards. In areas with poor signal (urban canyons, indoors, underground), tracking accuracy may suffer.

Each sneaker type has an optimal speed range; going outside that range can reduce rewards by up to 90%. For best results, exercise in open spaces like parks. Make sure GPS is stable and maintain proper speed before starting.

STEPN’s Future and Latest Developments

STEPN continues to evolve as a pioneer in Move to Earn. Strategic partnerships and active development are transforming it from a fitness app into a comprehensive Web3 lifestyle platform.

Major VC Investment and Trust

STEPN has secured funding from top global venture capitalists, including Sequoia Capital, Folius Ventures, and leading crypto companies with deep industry experience.

These VCs conduct rigorous due diligence, highlighting STEPN’s strong technology and business model. Backing from major VCs ensures robust funding and a long-term development roadmap, shielding STEPN from short-term market volatility. This financial foundation supports ongoing growth.

Collaborations with Leading Brands

STEPN has formed strategic partnerships with globally recognized brands. Its collaboration with Adidas created new value by fusing NFT sneakers with a real-world sports brand.

STEPN has also partnered with Snoop Dogg and Casio’s G-SHOCK, generating buzz. More recently, a partnership with the Argentine Football Association has deepened engagement with the sports sector, expanding STEPN’s reach beyond the crypto community.

The long-term alliance with the Argentine Football Association (AFA) launched an official Genesis Sneaker collection and campaigns offering exclusive NFTs and real-world perks, such as match tickets for soccer fans.

These partnerships are not just about publicity—they help bring STEPN to the mainstream by bridging "Sports × Web3 × Lifestyle." Even those unfamiliar with crypto can join the ecosystem through their favorite brand or team, which is key for future growth.

STEPN GO: New Platform and Features

STEPN GO has transformed STEPN into a social lifestyle platform, with the most notable update being NFT sneaker rentals.

The rental feature lets new users with limited funds try STEPN. Additional functions such as a friends list, real-time chat, and the "Haus System" community hub boost user interaction. The new GGT token powers the STEPN GO ecosystem.

In STEPN GO, users earn the unique "GGT (Go Gaming Token)" by walking or running, and a PvP mode to earn GMT is in the works. Both STEPN and STEPN GO are built to integrate into the broader FSL (Find Satoshi Lab) token economy.

GMT Pay: Increasing Practicality

STEPN’s operator, through a partnership with Mastercard, has launched "GMT Pay." Users can now spend earned GMT and GGT directly at Mastercard-accepting merchants worldwide.

GMT Pay issues virtual cards from $50 to $300, with support for Apple Pay and Google Pay. Now, you can use crypto earnings on Amazon, Spotify, or at your local café—bringing digital assets into daily life. This marks a major step in integrating STEPN’s ecosystem with the real economy.

GMT Pay is available as a dedicated app for iOS and Android. Users can receive funds, transfer balances, and instantly issue single-use prepaid Mastercards within the app.

Supported countries are expanding. Before using, check the official website or app for the latest coverage and conditions.

STEPN: Frequently Asked Questions

How Much Do I Need to Start?

STEPN’s initial cost varies widely depending on your sneaker choice. Basic Common sneakers cost around ¥5,000 to ¥15,000.

Higher rarities are pricier: Uncommon sneakers usually cost ¥20,000 to ¥50,000, and Rare sneakers range from ¥100,000 to ¥300,000. Higher rarity means better GST earning efficiency, but a larger upfront investment. First-timers should start with Common sneakers and consider upgrading after understanding the system.

Can I Really Make Money?

You can earn with STEPN, but actual returns depend on several factors. With a single Common sneaker, users typically earn 4–8 GST per day.

Key considerations include the GST value and your operating costs. Take sneaker repairs, leveling, and payback period into account.

Use STEPN primarily as a tool for healthy motivation rather than pure investment for a more sustainable and enjoyable experience.

Is STEPN Safe? What About Scams?

The STEPN app is officially available on the App Store and Google Play and is secure. The developer, Find Satoshi Lab, is backed by reputable VCs, ensuring its credibility.

However, be cautious of scams outside the app, such as unauthorized activation code sales or counterfeit sneakers. Always rely on official channels for information and only get activation codes for free from the official Discord.

Does Cycling or Train Travel Count?

STEPN is designed for walking and running—cycling or train rides generally won’t count. Each sneaker type has a set speed range; movement outside this range isn’t recognized as exercise.

The anti-cheating system "SMAC" analyzes GPS and movement data to distinguish between walking/running and vehicle travel. For best results, stick to outdoor walking or running.

Summary: STEPN Achieves Both Health and Earnings with Move to Earn

STEPN is an app that delivers health benefits and economic incentives through its innovative Move to Earn concept.

This article covered everything from STEPN’s core mechanics and getting started to risks. Here’s a recap of the key points:

STEPN Key Points:

• Earn GST and GMT through exercise with NFT sneakers via the Move to Earn system
• Requires an initial investment of ¥5,000 to several hundred thousand yen for NFT sneakers
• Four sneaker types support various activity styles
• GPS integration ensures accurate tracking, and the SMAC anti-cheating system maintains fairness
• Backed by major VCs for high reliability

STEPN offers a platform for healthier living and participation in the emerging digital economy. With the right knowledge and risk management, users can establish exercise habits and enjoy both health and financial rewards.

FAQ

What Is STEPN? How Does Move to Earn Work?

STEPN is a Move to Earn app that lets users earn cryptocurrency rewards for walking and other activities. By buying NFT sneakers, users earn GST or GMT tokens by walking in the real world. It’s an innovative model built on the Solana blockchain.

What Do I Need to Start STEPN? What’s Required for Setup and Initial Investment?

To start STEPN, you need an activation code, wallet setup, and either SOL, BNB, or ETH. The main initial cost is buying NFT sneakers, which varies with market prices.

How Do You Earn with STEPN? How Are Rewards Calculated?

STEPN tracks walking and running to award crypto rewards. Earnings are based on steps and distance, with the amount determined by the sneaker NFT’s level and quality. Earned crypto can be used in-game or sold.

What Are STEPN NFT Sneakers? What Are the Types and Rarity Differences?

STEPN NFT sneakers are digital items with unique designs and stats. Each has a serial number, and rarity determines its value and earning power. Higher rarity means better performance and higher earnings.

What’s the Difference Between GST and GMT Tokens in STEPN?

GST is the in-game currency earned as a daily walking reward. GMT is the governance token, granting voting rights and a say in platform decisions. GST is mainly for spending, while GMT is designed for holding value.

What Are the Investment Risks in STEPN? How Do I Avoid Losses?

Major risks include scams, tax issues, and loss of funds from lost wallet passphrases. Protect yourself by registering with the official site, keeping your passphrase secure, and handling taxes properly.

How Is STEPN Different from Other Move to Earn Apps?

STEPN features advanced game mechanics and NFT sneaker systems, using the Solana blockchain for low fees and fast transactions. Unlike other apps, STEPN offers sneaker selection, leveling, minting, and more, making it easy for beginners to get started with as little as 10 minutes of exercise.

Are There Tips or Strategies for Efficient Earning in STEPN?

The three-sneaker strategy—raising your energy to four—is effective for maximizing earnings. Start with a small investment and scale up for higher profits. This strategy remains valid.

What Is the Mint Feature in STEPN? What Are the Pros and Cons of Adding More Sneakers?

Minting in STEPN means combining two sneaker NFTs to create a new one. The upside is higher earning potential with more sneakers; the downside is the cost (GST/GMT) and lack of guaranteed profitability.

Is STEPN Available in Japan? Anything Japanese Users Should Know?

Yes, STEPN is available in Japan. After obtaining a free activation code from official Discord or social media, you can play. Buying codes is against the rules. Watch for price fluctuations and ensure a reliable GPS environment.