A lifestyle crypto project built on the Solana (SOL) blockchain is on the rise with implication of a big announcement.
In a recent interview, an anonymous STEPN (GMT) crypto platform representative said that they have an upcoming announcement regarding sportswear giants Adidas and Nike.
“Big sports brands like Nike and Adidas are known for shaping the market for walking and running. Do you see these players as a threat in the future?” Responding to the question, the official used the following expressions:
“You will see that we have an announcement regarding this very soon.”
STEPN is a lifestyle app that promotes a healthy and active lifestyle by rewarding users with tokens for participating in outdoor activities such as walking and running. Earlier this week, STEPN announced on Twitter that it plans an undisclosed partnership with Binance cryptocurrency exchange.
STEPN’s local government token GMT was trading at $2.33 at the time of writing. In an interview with
Solar Eco Fund, the earning crypto project says that providing a high return on investment (ROI) in the GMT token is one of the methods it will use to maintain its competitive advantage.
“People are chasing high sustainable return on investment, we believe we will top the list by providing long-term use scenarios and GMT incineration scenarios to sustain high demand for GMT.”
STEPN also says its strategy to attract more users includes “transforming [STEPN] app into NFT and social platform.”
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