Green Satoshi Token (GST) is the utility token of the STEPN ecosystem, it’s used as an in-game currency and alternative to experience points. GST is required for repair, upgrade and mint NFT Sneakers. GST can be earned when users move in Solo mode or Background mode.
Players receive Green Satoshi Token (GST) via the STEPN app, tokens are generated in walking / running / walking modes. Investors can also earn GST by renting out their NFTs to platform users or new players.
GST tokens can also be donated to purchase Carbon Removal Credit on the blockchain, supporting the concept of carbon neutrality to combat climate change and contributing to environmental protection.
What is the unique selling point?
The application has three modes:
Solo Mode (a player earns GST due to motion, the number of earned tokens depends on physical activity and the rarity of NFT shoes);
Marathon Mode (online marathons are weekly and monthly events, registration is required at least 24 hours before the start);
Background Mode (users earn income in GST tokens just by having one pair of sneakers, the background mode works even if the application is disabled, without reducing the endurance of the sneakers).
NFTs have a different quality, attributes and Gem Socket, the update is done by burning GST tokens, attribute points and NFT Gems can be added to improve performance.
Users can mint a sneaker box aka Shoebox by putting two sneakers together. As a result, an owner of a Shoebox receives a random NFT Sneaker.
On the built-in NFT Marketplace, users can trade everything they have: Sneaker, Shoebox, Gems, and also rent NFTs if necessary.
Using Swap, users of the mobile app exchange tokens for other crypto, and also deposit their tokens and NFTs to the built-in Wallet.
The STEPN app may charge small taxes for trading NFT sneakers, minting and renting. At the same time, most of the income is earned by platform users. Part of the profits goes to the purchase of Carbon Removal Credit — support for carbon neutrality (a state of net-zero carbon dioxide emissions).
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