A life-style crypto mission constructed on the Solana (SOL) blockchain is hinting that it has a giant announcement coming down the pipeline.
In a latest interview, an unnamed STEPN (GMT) crypto platform consultant says they’ve an upcoming announcement regarding sportswear giants Adidas and Nike.
“Big sports activities manufacturers like Nike and Adidas are identified for shaping the market concerning strolling and working. Do you see these gamers as a risk in the long run?
You will see we’ve got an announcement about this very quickly.”
STEPN is a way of life app that incentivizes a wholesome and lively life-style by rewarding customers with tokens for collaborating in out of doors actions corresponding to strolling and working.
Earlier this week, STEPN had teased on Twitter that it was planning an undisclosed partnership with the Binance cryptocurrency alternate.
A starting of many potentialities! pic.twitter.com/jfYPB7Pwe0
— STEPN | Public Beta Phase III (@Stepnofficial) March 28, 2022
The native governance token of STEPN, GMT, is buying and selling at $2.03 at time of writing. GMT’s token sale occurred on Binance on March ninth at an preliminary alternate providing price of $0.01. The token has recorded a 20,200% rally in just a little over three weeks.
STEPN has a dual-token system with GMT’s use case being voting and staking whereas the Green Satoshi Token (GST) being a consumer reward for strolling or working.
In the Solar Eco Fund interview, the move-to-earn crypto mission says that sustaining a excessive return on funding (ROI) on the GMT token is without doubt one of the strategies it’ll make use of to keep up a aggressive edge.
“People are chasing high sustainable ROI, we believe we will be on the top of the list by providing long-lasting use cases and burning scenarios of GMT to maintain the high demand of GMT.”
STEPN additionally says that its technique for attracting extra customers consists of “converting the [STEPN] app into an [non-fungible token] and social platform.”
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