GMT

What is GMT?

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 goals

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 fondamentals

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

GMT technology

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.

GMT competitors

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 price history

Frequently asked questions