A Web3 Coin project popularizing the act-to-win mechanism is experiencing a social media and price boom following news of the new partnership.
ASICS shoe sale marks the launch of its game on BNB Chain
GMT, the native token of STEPN, the Web3 lifestyle app with fun social elements and gamification design, has been trending for a while. According to a tweet on the official STEPN Twitter account, interest in the groundbreaking play-to-win game has exploded in recent weeks and is now accompanied by 300,000 daily active users. Additionally, the cryptocurrency Green Metaverse Token (GMT), which is required to raise in-game sneaker NFTs, has seen significant gains, up 384% in the last month alone.
On the other hand, the recent rise of the GMT price seems to have been spurred by the launch of the STEPN x ASICS shoe NFTs. In the previous 24 hours, GMT rose another 34%, bringing its market cap to $2 billion.
Web3 coin dev announced event
People who sign up for the STEPN x ASICS NFT sneaker sale on the Binance NFT marketplace will be selected to receive the first STEPN shoes to be used in the BNB Chain version of the game in the coming weeks. For use in the game, mystery shoe boxes will contain a variety of ASICS types of Walker, Jogger, Runner, and Trainer shoes that are both common and rare in the real world. Shoe boxes for 2010 are available for purchase now, with each box costing 0.5 BNB, or about $208. The lowest examples of the new ASICS shoes are currently selling on the secondary market for at least $1,889, according to the company.
In its marketing materials, STEPN describes itself as a “Web3 lifestyle app” and encourages users to earn tokens while walking, jogging or running outside. As cryptokoin.com reported, the game was originally released on Solana and will now be available on BNB Chain. Users must first purchase a pair of shoe NFTs from the in-game store in order to join the game and earn coins. The current base price for NFTs is around $11.5 SOL, or $1,218 at the time of writing.
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