Closer Look At StepN Sneaker Dynamic

STEPN is a Web3 lifestyle app with inbuilt Game-Fi and Social-Fi elements. STEPN is the first move2earn mobile NFT game powered by Solana where players can walk, jog or run outdoors with an NFT Sneaker to earn tokens.

Sneaker Attributes

Efficiency (GST Earning) – Solo Mode, Marathon Mode In Solo Mode, Efficiency plays a part in GST earnings. Having a higher Efficiency Attribute will result in better GST earnings per Energy spent. In Marathon Mode, higher Efficiency leads to a faster accumulation of Leaderboard points.

Luck (Mystery Box) – Solo Mode, Sneaker Rental (Coming Soon) Luck determines the frequency and quality of a Mystery Box drop. Users are also able to receive Mystery Box drops while their Sneakers are leased out.

Comfort (GMT Earning) – Solo Mode, Marathon Mode, Staking/Governance (Under Development) The Comfort value has been reworked and currently under development.

Resilience (Durability/Repair) – Solo Mode, Marathon ModeIn Solo Mode, Resilience affects the decay rate of Durability. Higher Resilience will result in a slower Durability decay. The higher the Sneaker’s level or quality, the higher the repair cost. Durability is a Sneaker’s “stamina” bar. As a user moves, Durability will decrease. Sneakers receive a “worn-out” penalty at 2 Durability touch points:

• At 50/100 Durability, Sneaker Efficiency drops to 90%
• At 20/100 Durability, Sneaker Efficiency drops to 10%

In Marathon Mode, resilience will allow users to earn more points as their Sneaker will stay above the “worn-out” penalty mark longer. Users will be able to burn GST/GMT to reset the Sneaker’s Attribute points. The more frequent the reset, the more expensive it will be, with the cost capping at a certain level (Under Development).

Sneaker Types

There are four Sneaker types, each designed to suit a different exercise intensity and/or fitness level:

Users’ base GST return is not static, and several factors may cause it to fluctuate

1. Sneaker Efficiency (Low Durability affects Efficiency).
2. GPS signal – users will earn less if GPS signal is poor.
3. Mobile Data signal strength and stability – if data signal is choppy, it could also reduce earnings.
4. Randomization.

Information on GMT Return rates will be provided in future updates.

Sneaker Quality

There are five Sneaker qualities. When a Sneaker is minted, the value of each Attribute will be chosen at random within the min. and max. values according to Sneaker quality. As such, even Sneakers of the same quality may have vastly different Attribute distributions.

Sneaker Level

Users can level up their Sneakers by burning GST. Each level-up takes a fixed time to complete, which increases along with the amount of GST required according to the Sneaker level. This process can be speed up by using even more GST. Additionally, GMT will also be required to level a Sneaker to level 29 and 30. Upon level-up, users will attain 4 – 12 additional Attribute points to assign according to their Sneaker quality.

Additional perks will be unlocked upon reaching certain level milestones:

At max level, user need to choose between earning GST or GMT. Switching between GST/GMT earning is allowed, but will be subject to a cooldown duration.

Sneaker Customization

Under Development: At Level 30, users have the option of burning GST/GMT/NFT to customize their Sneakers, including but not limited to – name changing, adding a quote, adding extra Attribute points etc. More detail about customization will be released soon.

Find more information about: StepN

Website: https://stepn.com/

Whitepaper: https://whitepaper.stepn.com/

Twitter: https://twitter.com/Stepnofficial

Discord: https://discord.com/invite/stepn

If you have any questions, comments, suggestions, or ideas about the project, please email ventures@coincu.com.

DISCLAIMER: The Information on this website is provided as general market commentary, and does not constitute investment advice. We encourage you to do your own research before investing.

VinceH

Coincu Ventures