# STEPN Denies Being a Ponzi Scheme

STEPN has responded to the critiques that the platform is not a Ponzi scheme. Some of the critics pointed out some schemas that allegedly showed that it is similar to a Ponzi but STEPN says that the company is avoiding the issues via managing its token. STEPN was launched in 2021 on the Solana

| Fact | Value |
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| Published | 11 June 2022 |

Source: https://egamers.io/stepn-denies-being-a-ponzi-scheme/