STEPN Upcoming Updates; Everything You Need to Know

Popular web3 lifestyle app STEPN recently announced some upcoming updates. STEPN will conduct in-game events, including Double GST earnings and Mint sneakers.

Dec 7, 2022
by Anvi Saini
STEPN Upcoming Updates; Everything You Need to Know
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STEPN is also planning to collaborate with SaaSGo and Mascherano(ETH realm). 

STEPN will release a total of 250 Signed Genesis sneakers. Moreover, out of 250 sneakers, 218 are Common sneakers, 30 are Uncommon, and 2 are Rare. Participants can expect special utilities like tutorials and giveaways. The event will go live on December 10.

At present, STEPN is participating in a contest where 13 projects will compete for an opportunity to launch on the MOOAR launchpad. Given that, the voting for the contest will begin on Thursday, December 8, 2022. To vote, you must have a membership in MOOAR and GMT.

Furthermore, STEPN is finally introducing dark mode, which was requested by the community. As per STEPN, it will go live in the next 48 hours and will be free to all users.

STEPNs Main In-app Currency

Instead of BNB, SOL, and ETH, GMT Marketplace will be STEPN's main in-app currency. It will apply to Sneakers, Shoeboxes, gems, and minting scrolls. All current listings will be delisted within 48 hours to implement this adjustment. As a result, users will be able to consolidate all spending into GMT. Further, they will reduce the risk of exposure from holding multiple tokens.

STEPN is coming up with an option to sell 1 or all gems for each type at the same price. It simplifies the game and makes listing your gems for sale simpler.

Whitepaper Revision

STEPN updated their whitepaper to improve transparency on ecosystem fund expenditure. 3.6 million GMT will be allocated towards marketing efforts monthly. Plus, STEPN will introduce Gem restoration for sneakers. Further, more use cases for each sort of gem are being explored. As a result, Efficiency, Resilience, and Luck gems will all have new applications in the future. However, the HP restoration system will not change.

The game will be introducing an update in claiming external rewards. The update will offer a more smooth and more effective manner to collect rewards.

Disclaimer: The information provided on this page do not constitute investment advice, financial advice, trading advice, or any other sort of advice and you should not treat any of the website's content as such. Individuals should do their own research before taking any actions related to the product they read about and carry full responsibility for their decisions.
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