STEPN

STEPN is a Web3 lifestyle application on Solana that pioneered the move-to-earn (M2E) category by rewarding users with cryptocurrency for real-world physical activity while wearing NFT sneakers. Users begin by purchasing an NFT sneaker from STEPN marketplace. There are four sneaker types: Walker, Jogger, Runner, and Trainer, each optimized for a different movement speed range. Once equipped with a sneaker, users take the app outdoors and activate GPS tracking. The app monitors pace and distance and rewards activity with GST (Green Satoshi Token), STEPN in-game earning token. Sneaker attributes govern earning rates: Efficiency determines GST output per energy unit, Luck affects the chance of finding Mystery Boxes during sessions, Comfort influences GMT earning at higher levels, and Resilience controls the rate of sneaker durability loss. Energy is the daily budget of earning sessions. Each energy unit corresponds to five minutes of earning time tied to how many sneakers a user owns. Each session depletes the sneaker HP (durability), repaired using GST before the next session. STEPN operates a two-token economy. GST (Green Satoshi Token) is the utility and in-game token earned through daily movement, used for sneaker repairs, minting new NFT sneakers, gem upgrades, and enhancement. GMT (Green Metaverse Token) is the governance token with a fixed supply, only earned once a user reaches Level 30. Both tokens are SPL tokens on Solana mainnet. STEPN GO is the expanded app version adding Team Play, Renting, Avatars, and Social Challenges. Marathon Season 3 launched August 2026 with six competitive rounds. STEPN was founded in August 2021 by Jerry Huang and Yawn Rong under Find Satoshi Lab, headquartered in Australia. Huang previously founded Falafel Games with over a decade of game development experience. Rong served as an Algorand ambassador from 2019 and co-founded Crypto SA. STEPN placed 4th in the Solana Ignition Hackathon in 2021 and received Binance Labs investment. Notable partnerships include Adidas (Dec 2024 co-branded physical shoe and Genesis Sneakers NFT), Snoop Dogg (Oct 2024), Ubisoft/Rabbids (Nov 2025), and Argentina Football Association (July 2025). The STEPN community achieved two Guinness World Records in November 2024. No independent smart contract audit is documented in available sources. STEPN is deployed on Solana mainnet with SPL NFT sneakers and two SPL tokens, capitalizing on low transaction fees and fast finality for high-volume in-game transactions.