Earning while Walking: Stepping with STEPN

 

Imagine you stepped out in the morning by 5 am, and took a jog from your house to the nearest city square. On getting to the city square, you get paid in the form of cryptocurrency. 

You are staying fit, physically and financially. It's a win-win!... Here's how.

Blockchain technology and cryptocurrency since its creation continues to be a part of our daily lives. 

We carry out transactions via our cryptocurrency wallets every day, recently we have started to pay for goods and services we use via cryptocurrency too. Even our internet is taking a decentralised form using the blockchain.

New boundaries are being broken daily, and it seems we are yet to realize the limit to what we can do with blockchain tech and cryptocurrency.

In recent times, we've seen some companies reward gamers who play games on their platform with in-game assets which can be transferred to real-world assets. This concept, which is known as Play2Earn (P2E), has been able to allow people to earn while doing what they love while carrying out a hobby.

Earning while walking

Getting paid for your efforts in exercising your legs is now a thing. A little crypto for a little cardio.

I present to you the "Move-to-Earn" or "Walk-to-Earn". This is a concept where you paid to exercise. Yes! You are paid to stay fit.

Below are some apps that will let you earn while walking:

• Sweatcoin
• Bitwalking
• Rover
• DoorDash
• STEPN
• GigWalk
• StepBet

In this post, I'd be focusing on the STEPN app.

STEPN

Apps like Sweatcoin and Bitwalking easily pay to walk, jog, run and stay fit, with STEPN it's the same but the process is a little bit complicated. I'll explain.

STEPN is a "Move-to-Earn" NFT app that allows users to earn tokens while walking or running within a certain time that refreshes every 24 hours. It was built on the Solana blockchain by the app developer FindSatoshiLab. STEPN combines the concept of Play2Earn with Augmented Reality.

To earn on STEPN, users are first required to buy customized sneakers in the form of NFTs. These sneakers are bought using Solana coins and they affect how much users can earn per session. 

These NFT sneakers can also be traded on NFT markets for high sums, I think this is a great selling point for the STEPN sneakers.

Users can also boost or update their sneakers to improve their chances of earning higher. 

Updating their sneakers boosts one or all of the characteristics of the sneaker which include: Resilience, Luck, Comfort, Efficiency and Energy.

STEPN allows users to walk, run or jog within a certain period that refreshes every 24 hours, as I said earlier, this period is defined by the Energy feature of the sneaker. The time a user gets to exercise is decided by the number of energy units they possess.

One energy unit allows users to run for only five minutes. To get more units, users will be required to buy more sneakers. 

Users are rewarded with STEPN's native token known as Green Satoshi Token (GST) which can be stored in an in-app wallet or an external wallet. These tokens are available on notable cryptocurrency exchanges such as Binance, Bybit and FTX.

If you want to earn while walking, and also explore the NFT space, try stepping with STEPN today. As always, this is not financial advice, "DYOR".

What do you think about the Walk2Earn concept, which app do you think is best? Let me hear your thoughts in the comments section.

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Stay fit.