- Climate change remains one of the biggest challenges facing our society today.
- STEPN combines elements from SocialFi and GameFi.
- GMT is the primary cryptocurrency that drives STEPN.
One of the largest issues affecting our civilization now is climate change. The condition of our planet continues to be the key concern of our day, transcending both the bear market and the situation of the economy.
Additionally, unlike economic changes, the repercussions of climate change may never go away.
Through its cutting-edge business concept, STEPN is a lifestyle Web3 application that integrates components of SocialFi and GameFi.
STEPN is committed to reducing its carbon footprint and providing an example for other web3 initiatives to follow. They have made significant contributions to environmental philosophy and the field of carbon offsetting.
The move-to-earn concept has been developed through a number of projects over the past few years. But none of these had the proper level of decentralization or a cryptocurrency with strong enough token economics to support it.
Particularly, GMT, the primary cryptocurrency that drives STEPN, has seen considerable market success. It already has an ATH of $4.04 and a trading volume of over $1 billion. It is presently trading at roughly $1.50, yet it is still one of the most popular trends on CoinMktCap.
In essence, the program pays users in cryptocurrency for getting outside, whether it’s for a quick stroll or a brisk run, encouraging them to develop more environmentally friendly habits.
An initiative by STEPN began with the goal of boosting the battle against climate change. Through monthly investments of $100,000 of its income, the platform devoted itself to this purpose.
The Nori platform, a market only devoted to the selling of this kind of credit, has used this cash to acquire “Carbon Removal Credits” via blockchain.
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