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What is GMT (GMT)?

GMT basic info

Name:GMT
Ticker:
Introduction:

What is Stepn (GMT)?

Stepn (GMT) is a pioneering mobile application that combines fitness with blockchain technology. It encourages users to lead a more active lifestyle and earn cryptocurrency at the same time as rewards. The platform uses Web3 to create a gamified experience where individuals earn Green Metaverse Tokens (GMT) through activities like walking, jogging, or running outdoors. This Web3 lifestyle app turns movement into financial rewards that benefit both physical health and digital engagement.

Who Created Stepn (GMT)?

Jerry Huang and Yawn Rong co-founded Stepn with the goal of promoting health through blockchain-based incentives. They aimed to develop a platform that not only encourages physical activity but also integrates seamlessly with the digital economy. Stepn gained recognition by securing 4th place among over 500 entries at the Solana Ignition Hackathon 2021 as a testament to its innovative potential.

What VCs Back Stepn (GMT)?

Stepn has attracted substantial investments from leading venture capital firms, including Sequoia Capital, Folius Ventures, and Binance. These funds have facilitated the app's development and expansion, enhancing its features and increasing its user base.

How Stepn (GMT) Works

Stepn operates on an innovative model with several mechanisms promoting both physical activity and financial gain through blockchain technology.

Promoting a Healthy Lifestyle

Stepn’s core innovation lies in its move-to-earn model, which motivates users to maintain an active and healthy lifestyle. By linking physical activity with financial rewards, Stepn fosters continuous engagement, making exercise not just a routine but a rewarding activity. This approach aligns users’ health goals with the digital economy to improve the living standards for players in many ways.

Community and Sustainability Impact

Stepn extends its benefits beyond individual users by contributing to broader sustainability goals. The app's engagement model encourages participation in collective fitness challenges and environmental initiatives. Through these activities, Stepn aims to inspire millions to adopt healthier lifestyles while also supporting environmental sustainability.

Real-Time Activity Tracking

The Stepn app monitors users' physical activities, such as walking, jogging, or running, in real-time. This seamless and precise tracking ensures every step counts towards earning rewards. The app’s advanced tracking capabilities allow users to engage in outdoor activities while the app records their movements and converts them into tangible rewards.

Earning and Utilising GMT Tokens

One of Stepn’s key features is its earning mechanism. Users with Stepn NFTs earn Green Metaverse Tokens (GMT) based on their physical activities. The amount of GMT earned depends on factors like the type of trainers worn, the user’s activity level, and movement efficiency. The earned GMT tokens have multiple uses within the Stepn ecosystem. Users can spend these tokens on in-app purchases to enhance their experience and capabilities. Additionally, GMT tokens can be traded on cryptocurrency exchanges, providing liquidity and potential financial growth. Users can also reinvest their GMT tokens into the platform to upgrade their trainers and boost future earnings and performance.

GMT Goes Live on Bitget

While the concept of move-to-earn has evolved, Stepn's innovative approach sets a new benchmark. Its integration of real-time activity tracking and token earning mechanisms offers a compelling alternative to traditional fitness apps. With unique features and strong backing from top venture capitalists, Stepn encourages millions to adopt healthier living. Join Stepn today with Bitget and make your steps count!

How to Trade GMT on Bitget

Step 1: Go to GMTUSDT page

Step 2: Enter the amount and the type of order, then click Buy/Sell

For detailed instructions on how to spot trade in Bitget, please read The Uncensored Guide To Bitget Spot Trading .

Trade GMT on Bitget now!

Disclaimer: The opinions expressed in this article are for informational purposes only. This article does not constitute an endorsement of any of the products and services discussed or investment, financial, or trading advice. Qualified professionals should be consulted prior to making financial decisions.

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Current price:
All-time high:$4.11
All-time low:$0.08538

GMT supply and tokenomics

Circulating supply:2,621,691,100 GMT
Total supply:5,254,257,942.34 GMT
Max supply:0 GMT
Market cap:$356.67M
Fully diluted market cap:$714.82M
Token allocation:
Treasury
30.00%
Move and Earn
30.00%
Private Sale
16.30%
Team
14.20%
Binance Launchpad
7.00%
Advisors
2.50%
Tokenomics:

Uniqueness

STEPN aspires to disrupt the fitness industry in several ways.

Firstly, it incentivizes users to live a healthier lifestyle through a straightforward token reward mechanism. After downloading the app and creating a wallet, users can buy a pair of NFT sneakers to start earning in the game’s Solo Mode. By running or walking around, they can earn Green Satoshi Tokens (GST). Different types of sneakers return GST at different rates — the higher a sneaker’s efficiency attribute, the more GST per minute the user can earn.

This introduces the second revolutionary element of STEPN: the gamification of fitness. Thanks to the app’s in-game rewards, daily energy allowances, and customized sneakers, STEPN gamifies movement and nudges users towards a healthier lifestyle. In the future, the app plans to add a Marathon Mode, which will have weekly and monthly races between 2.5km and 15km. Marathon participants will be able to earn and compare their achievements on a leaderboard, with extra rewards for the top-ranking runners.

Finally, STEPN allows users to signal in two ways: through living a healthier lifestyle and earning tokens for it and through positively contributing to carbon neutrality. The former gives users an emotional and financial reward. The latter is achieved through STEPN’s contributions to buying Carbon Removal Credits on Solana to combat climate change.

Token utility

GMT can be earned through easy participation in several game activities and by running. These tokens allow you to level up to a high spot and change the name on your sneakers. Moreover, they are also used to distribute game profits and high-level activities that can also be considered premium content. Much like the GST token, GMTs can also be swapped with USDC when the sneakers reach level 30 or above and not before.

Links

Buy GMT for $1Buy GMT now

What is the development prospect and future value of GMT?

The market value of GMT currently stands at $356.67M, and its market ranking is #185. The value of GMT is widely recognized by the market. When the bull market comes, the market value of GMT will likely continue to increase.

Moreover, if GMT can play a greater role in practical applications, such as GMT builders fully leveraging the potential of GMT, partnering with more businesses, and increasing its user base, the long-term value of GMT will be significantly enhanced.

What will the price of GMT be in 2025?
Based on GMT's historical price performance prediction model, the price of GMT is projected to reach $0.2298 in 2025.
What will the price of GMT be in 2030?
In 2030, the GMT price is expected to change by -9.00%. By the end of 2030, the GMT price is projected to reach $0.2442, with a cumulative ROI of +80.15%.
Reminder: Just like all cryptocurrency investments, investors must closely monitor the market performance of GMT and be aware of the associated risks. The world of cryptocurrencies is full of uncertainties, so thorough research and preparation are essential.

Is GMT worth investing or holding? How to buy GMT from a crypto exchange?

If you want to buy GMT, the following information may be helpful for your investment decisions:
In the last 7 days, the price of GMT has fallen by -29.59%, leading to negative returns for most GMT investors. The market is currently pessimistic about the price trend of GMT.
It is important to note that the current price of GMT has retreated by -96.69% from its all-time high. This coin is currently considered high-risk, and while its price may rebound in the future, there is significant uncertainty.
Additionally, it's important to understand that each coin has its own optimal times for buying and selling. The optimal time to invest is dynamic: when a coin is undervalued, it's wise to adopt a buying strategy; when it becomes overvalued, you should decisively sell the coin.
To decide whether GMT is worth investing in, you need to consider various market factors such as the overall trend of the cryptocurrency market, the project's fundamentals, its current market valuation, and whether the current price is suitable for buying. If the project's fundamentals suddenly change or the price becomes excessively high, you should adjust your investment strategy and trading operations accordingly.
Your investment decisions should be based on your own risk tolerance, financial status, market analysis and research, especially the timing of your investments. Correct timing can ensure more reliable returns. Keep in mind that investing in GMT or any cryptocurrency comes with certain risks and uncertainties.
Regardless of your outlook on the development prospects and future trends of GMT, if you want to buy or sell GMT, you can consider Bitget for your trading needs. The best place to buy GMT is an exchange that offers hassle-free and secure transactions, combined with a user-friendly interface and high liquidity. Every day, millions of users choose Bitget as their trusted platform for crypto purchases.
Investing in GMT has never been easier. Simply sign up on Bitget, complete the identity verification process, and make payments using bank transfers, debit cards, or credit cards, all while ensuring security through crypto wallets. This is a widely adopted method to buy GMT. Here's a step-by-step guide on how to buy GMT on Bitget.

How to get GMT through other methods?

Using cash to buy GMT is not the only way to obtain GMT. If you have the time to spare, you can get GMT for free.
Learn how to earn GMT for free through the Learn2Earn promotion.
Earn free GMT by inviting friends to join Bitget's Assist2Earn promotion.
Receive free GMT airdrops by joining ongoing challenges and promotions.
All crypto airdrops and rewards can be converted to GMT through Bitget Convert, Bitget Swap, or spot trading.

What is GMT used for and how to use GMT?

The use case of GMT may expand as the crypto market and the project itself develop. Currently, you can use GMT to achieve the following goals:
Arbitrage by trading GMT: Since GMT is a frequently traded cryptocurrency, the price of GMT is always fluctuating. Earn more GMT by buying low and selling high on the exchange. Bitget spot market provides a variety of GMT trading pairs to fully meet your needs.
Earn by staking GMT: You can also generate income through financial management methods such as staking GMT or lending GMT. Bitget Earn offers a variety of financial products designed to help you earn more income from your GMT.
Send or pay GMT: If you want to give GMT to your friends, a charity, or a fundraiser, or you want to pay someone with GMT, you can quickly and easily send GMT to the recipient through their payment address.
You can also go to the official website of the GMT project to learn more about the use cases of GMT. For example, find out if the project supports the use of within its community or ecology, or if the project allows you to purchase physical or virtual products in .

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