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GMT price1.24%
$0.008738
Market Cap
$26.64M
24h Volume
$6.71M
Total Raised
$10.00M

Media Showcase

7 Assets
STEPN trailer
STEPN trailerHD

About STEPN

STEPN is a Solana-based fitness application combining outdoor activity with token rewards. Players purchase or create NFT footwear to join the movement-to-earn system, where jogging, walking, and sprinting accumulate tokens. The experience gamifies physical activity by enabling verifiable digital sneaker ownership on-chain, establishing an auditable economy where activity serves as the base for earnings.

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How STEPN works

Earning requires acquiring NFT footwear with distinct properties, rarity tiers, and specializations for particular movements (walking, jogging, sprinting). Each sneaker consumes energy during outdoor use; daily energy caps reset and define peak earning capacity. GPS verification confirms authentic physical movement, preventing artificial manipulation. Maintenance becomes necessary and sneakers improve through in-game money, establishing continuous asset stewardship.

STEPN tokenomics & earning

STEPN operates dual monetary systems: GMT (for governance) and GST (gained through activity). Users accumulate GST according to sneaker quality, tier, and energy use, then trade it for equipment improvements or market sales. Solana's minimal costs enable accessible on-chain actions, letting players purchase, liquidate, service, and oversee equipment directly via blockchain. The tokenomics structure motivates extended participation while guaranteeing transparent, auditable ownership across all game components.

Editorial Verdict
STEPN operates as a Solana-based mobile tracker paying you for jogging, walking or running outside. Acquire an NFT sneaker matched to your stride pattern, and GPS plus anti-manipulation checks verify the movement is real — stationary devices exclude themselves. A daily energy limit restricts earning minutes, and sneakers deteriorate requiring maintenance fees,…
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STEPN operates as a Solana-based mobile tracker paying you for jogging, walking or running outside. Acquire an NFT sneaker matched to your stride pattern, and GPS plus anti-manipulation checks verify the movement is real — stationary devices exclude themselves. A daily energy limit restricts earning minutes, and sneakers deteriorate requiring maintenance fees, so economics balance income versus upkeep spending.

The system's advantage rests on this structure: the energy restriction keeps individual sessions brief and repeatable, and the project has demonstrated willingness to adjust its own incentive structures — GST distribution was reduced on January 1, 2026 to regulate supply growth. What undercuts the model is startup cost. Earning depends on purchasing a sneaker initially, so returns depend on token values beyond your authority, and GST operates without supply caps, meaning compensation is paid in something inherently inflationary. Maintenance charges can quietly erode a casual exerciser's profits.

Appeals to regular outdoor exercisers seeking structured incentive structure and viewing token payments as supplementary rather than income. The updated STEPN GO application incorporates multiplayer features and streamlined signup, though the fundamental economics stay identical.

EG
eGamers Editorial TeamIndependent review

Gameplay Breakdown & Analysis

Independent assessment by eGamers game testing guild

What We Like
  • Cryptographic ownership and confirmation on blockchain ledger
  • Direct trading capabilities through smart contracts
  • Activity-based earnings through gameplay and tasks
  • Decentralized operation with transparent mechanics
  • Transaction safety for player-to-player commerce
What to Watch
  • Demands digital wallet and understanding of distributed ledger concepts
  • Token value depends on participant demand and market conditions
  • Gas costs for on-chain operations
  • Limited range beyond collecting and commerce activities
  • Cryptocurrency price instability and Solana network risk
Current Price
$0.008738
ATH: $4.11 (-100%)
24h Low / High
$0.008548 / $0.009281
Circulating Supply
3.11B GMT
61.3% of Total
Total Supply
5,073,850,155
Hard Capped
Price History +5.49%
Low: $0.008172 High: $0.009180 Price: LiveCoinWatch · Market data: CoinMarketCap

Funding & Backers

Total Capital: $10.00M
RoundDateRaisedLead BackersValuation
Funding roundOct 2023$5,000,000
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SeedJan 2022$5,000,000
Sequoia CapitalFolius VenturesSolana Ventures+11
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Frequently Asked Questions

How do I start playing STEPN?

Get the app, create an account using email or phone, link a Solana wallet, then buy or mint an NFT sneaker to start earning through activity.

How do players earn rewards in STEPN?

Walk, jog, or run outdoors while wearing a virtual NFT sneaker to accumulate GMT and SOL tokens. Your daily earnings depend on your sneaker's rarity, level, and available energy.

What wallet do I need to play STEPN?

A Solana-based wallet such as Phantom or Solflare is needed to acquire sneakers and collect your token earnings on the Solana blockchain.

Is STEPN still active and worth playing?

The app continues to operate with an active player base. Its value as a game depends on your interest in move-to-earn gameplay and your comfort with NFT upfront costs, since sneaker prices fluctuate with market conditions.

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