NFT traders STEPN to a new groove — Is move-to-earn the future of fitness or another fad?

Cointelegraph

Published Apr 28, 2022 05:41PM ET

Updated Apr 28, 2022 07:20PM ET

Axie Infinity was a pioneer of the play-to-earn movement and the project inspired new Web3 applications that aspire to apply the earning model to their respective ecosystems.

The latest project to join the move-to-earn movement is STEPN, a Solana-based Web3 application where owners of the NFT sneakers earn as they walk.

GST monthly price action. Source: CoinGecko
Cumulative number of STEPN shoes minted. Source: DuneAnalytics

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