StepN Airdrops $30 Million in FSL Points to Reward Users

StepN, a move-to-earn lifestyle app built on Solana, is distributing $30 million worth of FSL points to its users. The points can be redeemed for StepN's GMT tokens and spent in the ecosystem's NFT marketplace and strategy game. The airdrop is ongoing until the end of April and targets users who have achieved in-app goals. StepN allows users to earn rewards for walking, jogging, or running by purchasing virtual Sneaker NFTs and linking their smartphones.

StepN Airdrops $30 Million Worth of FSL Points to Users

The Solana-based move-to-earn app StepN has initiated an airdrop of 100 million FSL points, valued at approximately $30 million, to its users. This generous gesture marks a significant milestone for the rapidly growing fitness application.

According to StepN's official announcement on April 10th, the FSL points can be redeemed at a 1:1 ratio for StepN's in-app currency, GMT. This airdrop serves as a testament to the company's commitment to rewarding its loyal user base.

"The first airdrop of this week, for our Badge Holders, was dedicated to our core players," StepN stated in its announcement. "Those who are truly playing the hard way. For them, we airdropped an FSL Points allocation based on the complexity of their in-app achievements."

To claim the points, users must create an FSL ID, which can be easily done through the FSL platform. Once registered, users can redeem the FSL points in StepN's NFT marketplace, Mooar, or the strategy game, Gas Hero. The $30 million airdrop will continue throughout April.

Founded in 2021 by FSL, StepN has quickly become a global phenomenon, attracting millions of users with its unique blend of fitness and cryptocurrency rewards. The app allows users to earn GMT tokens for walking, jogging, or running, using virtual Sneaker NFTs purchased within the app.

GMT tokens, a vital part of the StepN ecosystem, possess an inflationary mechanism and a supply cap of 6 billion. They can be utilized to mint new sneakers, level up, or trade on the in-app marketplace. The tokens' current diluted market capitalization stands at an impressive $1.57 billion.

StepN's in-app marketplace provides users with the ability to lease or sell their NFT sneakers, while their GMT earnings are securely stored in the app's wallet, which features an integrated swap function. With over 5 million users to date, StepN continues to revolutionize the fitness industry through its innovative approach.

The $30 million airdrop is a bold move by StepN, demonstrating its unwavering support for its user community. As the move-to-earn trend continues to gain momentum, StepN is poised to remain at the forefront, empowering users to prioritize their health and earn cryptocurrency rewards in the process.