Swagger Society will apparently offer more than working out – through augmented reality (AR) games and virtual reality (VR) headsets. The fitness industry’s culture is similar to that of Web3, which places a major focus on incentivizing participation. 

Last year, a new fitness-oriented category of blockchain gaming called move-to-earn (M2E) games tested the theory that rewarding consumers with crypto tokens would motivate them to exercise. 

StepN reported $122.5 million in profits in the second quarter of 2022, and its ecosystem token GMT has a total market cap of over $231 million. Moreover, StepN says its users ran more than 104 billion miles in the process of earning their crypto last year.

Users can expect a premium service with a monthly subscription fee of nearly $30. The platform will also have a launchpad to introduce new projects from creators outside the ecosystem. Apparently, MOOAR will not take fees from sales. Instead, they will charge $29.90 per month for subscriptions. This will supposedly provide NFT art creators with “more control over the funds they receive and means MOOAR will take zero profit from the sales”.

The ASICS partnership with the ‘move-to-earn’ blockchain game STEPN features custom-made GT-2000 11 running shoes. By purchasing the brand new ASICS 2000 GT’s customers will automatically receive an ASICS Loyalty Badge NFT. It also grants collectors the chance to win a limited edition airdrop of the STEPN x ASICS GT 2000 NFTs. 

The shoes can be purchased for $200 USDC and are available for pre-order globally now until November 9th at 6:59 AM UTC. They can also be purchased using USDC digital currency via Solana Pay.

The announcement was made by Amber Group, a leading digital asset platform. The Atlético de Madrid NFT collection is in partnership with WhaleFin and StepN. In total, there are 1,001 hand-drawn NFT sneakers in this genesis collection. 

They come in three categories: Common, Uncommon, and Rare soccer boots. All of these can be utilized with StepN on the Ethereum blockchain. The designs of the NFTs will highlight the history of the 119-year-old football club. This will include trophies, stadiums, and players.

StepN launched in December of 2021 and has recently become popular in the play-to-earn blockchain gaming and GameFi world. The company reported two to three million users worldwide active on the app every month last quarter. Additionally, as of May 2022, the market cap of StepN’s native token $GMT stood at around $860 million. 

Players can choose to lease or sell their NFT Sneakers on their private in-app Marketplace. Users’ $GST earnings are stored in the in-app Wallet, which has a built-in Swap function. The group makes money by taking small taxes from in-app activities, such as NFT trading, Shoe-minting, and Shoe-rental. All assets in the StepN app are owned by individual users and the majority of earnings in the app are made by users.

StepN just reported $122.5 million in second-quarter profits. The “move to earn” project brought $26 million in Q1, as previously reported. StepN said it would leverage 5% of the profits to initiate a buyback and burn program for its native $GMT tokens. 

Players can choose to lease or sell their NFT Sneakers on their private in-app Marketplace. Users’ $GST earnings are stored in the in-app Wallet, which has a built-in Swap function. The group makes money by taking small taxes from in-app activities, such as NFT trading, Shoe-minting, and Shoe-rental. All assets in the StepN app are owned by individual users and the majority of earnings in the app are made by users.

The decentralized exchange (DEX) of StepN is apparently now the largest DEX on Solana. With about 77,000 daily active users according to data from Dune, StepN’s DEX DOOAR has surpassed Solana-based DEX Orca.

StepN launched in December of 2021 and has recently become popular in the play-to-earn blockchain gaming and GameFi world. The company reported two to three million users worldwide active on the app every month last quarter. Additionally, as of May 2022, the market cap of StepN’s native token $GMT stood at around $860 million.

Players can choose to lease or sell their NFT Sneakers on their private in-app Marketplace. Users’ $GST earnings are stored in the in-app Wallet, which has a built-in Swap function. The group makes money by taking small taxes from in-app activities, such as NFT trading, Shoe-minting, and Shoe-rental. All assets in the StepN app are owned by individual users and the majority of earnings in the app are made by users.

A portion of StepN’s profit goes to buy Carbon Removal Credit on the blockchain to combat climate change.