Cryptoknowmics
2022-08-19 11:48:52

STEPN Confirms NFT Project Collaboration with Atlético de Madrid

In collaboration with the Spanish soccer team Atlético de Madrid and the cryptocurrency exchange WhaleFin, Web3 lifestyle app STEPN will unveil a line of non-fungible token (NFT) sneakers on Thursday, the firms said. Web3 Lifestyle App – STEPN The Web3 lifestyle app has Game-Fi and Social-Fi components. Users that have NFT Sneakers may earn GST by walking, jogging, or running outside. GST can then be used to rank up and create new sneakers. Move2earn as the main mechanic, combined with slight gamification, will allow STEPN to persuade millions of people to adopt a healthier lifestyle. People can move to earn on STEPN without having to possess NFT assets. Instead, they may borrow them for free from other members to get going before splitting the profits. Both STEPN players and soccer fans will benefit more from the modern digital soccer cleats. Ownership will also grant unique access to actual Atlético de Madrid products, live matches, and WhaleFin airdrops. The sneakers are compatible with the application’s run-to-earn game. STEPN reported second-quarter earnings of $122.5 million for its Solana-based fitness program, which has been expanding over the previous year. The NFT shoes necessary for gameplay are traded for 1.58 SOL ($65) at the minimum rate. The Chief Marketing Officer, Shiti Ragosti, stated that- “Through such prestigious collaborations, we are creating win-win partnerships for partner brands and also the users thr...

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