GMT is the native token of the STEPN app, also known as the Green Metaverse Token. It functions as the governance token and is essential for accessing higher-level in-app features such as NFT sneaker upgrades. Users earn GMT through physical activity and can later exchange it on various cryptocurrency platforms.
GMT is designed to incentivize physical movement by integrating a move-to-earn model within the STEPN app. It enables users to participate in app governance, upgrade digital assets, and unlock premium features. The project aims to merge real-world fitness with blockchain technology, thereby promoting a healthier lifestyle while fostering digital asset utility.
GMT has a total supply of 5259778654 GMT tokens and plays a central role in a dual token system, working alongside GST. It is used for both governance and for upgrading in-app assets such as NFT sneakers and gems. The token distribution plan includes a systematic release mechanism, where a portion is allocated to user rewards and governance participation, and the release rate is periodically reduced over time.
Marketcap
$0.60173655B
Total number of GMT
5259778654 GMT
The technology behind GMT leverages blockchain to securely tokenize physical activity and in-app progress. The STEPN app uses a blockchain known for its efficiency in handling fast and secure digital transactions, ensuring a seamless user experience. This robust infrastructure supports the dual token economy and enables transparent governance and asset upgrades.
STEPN differentiates itself by combining GameFi and SocialFi elements in a unique move-to-earn model that rewards physical activity. Its competitive advantages include an integrated dual token ecosystem and NFT-based assets, allowing for enhanced customization and upgrade options that are not commonly found in other projects. This approach not only incentivizes healthy living but also creates a more engaging and interactive community environment.
GMT is the native token of the STEPN app that serves as a governance token and is used to unlock and upgrade digital assets within the platform.
GMT has a total supply of 5259778654 GMT tokens, which are distributed gradually within the ecosystem.
The primary purpose of GMT is to incentivize physical activity and serve as a utility token for upgrades, governance, and accessing premium features within the STEPN app.
The distribution of GMT involves allocating tokens as rewards for physical activity and governance participation, with a systematic release mechanism that reduces the rate over time.
The technology behind GMT is built on a blockchain known for its fast and secure transactions, which supports the efficient operation of the STEPN app and its dual token economy.
Yes, users can purchase GMT on various cryptocurrency exchanges once they meet certain milestones within the STEPN app.
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