How to Earn GMT or GST using the Move To Earn (M2E) Technology - STEPN
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Assalam-o-Alaikum Steemians !
I'm @moneyster, a professional level Cryptocurrency investor and an analyser. As usual, today I thought to share another Crypto-related experience with you. I hope this article will be considerably beneficial for all the Steemians in this community
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Today I have brought an interesting Crypto Category named Move To Earn (M2E). We already know the meaning of Play To Earn. It means that we can earn Cryptocurrencies by playing games such as Axy infinity and Gala. So, in the Move to Earn (M2E) category, we can earn Cryptocurrencies by moving physically such as Walking, Jogging and Running.
When we consider the STEPN application, here we can easily earn GMT and GST Tokens by doing some physical fitness activities such as Walking, Jogging and Running. Actually, there are a lot of investors on this platform who are earning a lot of rewards by doing such activities in conjunction with some initial investment.
The most important thing here is that we need to buy some NFTs on this platform to start our working process. At the same time, we should invest in SOL coins and we have to pay those SOL Coins to buy these NFTs. In fact, what we are buying here as an NFT is a digital asset with the image of a shoe. We can select any type of shoe according to the relevant physical activity.
After investing in such NFT Shoe, we can use it to earn GMT and GST Tokens by doing above mentioned fitness activities. In fact, up to level 30, we will only receive GST Tokens and then GMT Tokens. This is the basic rewards distributing mechanism for this project and we will further discuss its benefits and procedures in the next.
The main thing here is that we can use this application without investing in it to build up our physical fitness by calculating our daily physical fitness activities. If we are able to buy some relevant shoe NFT on this application, we can earn a considerable worth of GMT and GST Tokens as rewards for only 10 minutes of physical fitness activity. As we can see a lot of investors in this project, we can keep a considerable thrust on this Project on a temporary basis. In the next September, they have decided to announce the NFT rental service for this project, we can easily hire these NFTs without doing an initial investment.
First of all, we should get access to the Official Website of this Project. Then, we can easily download the application according to our Mobile Device type. Here they will direct us to our App store. At the same time, we can directly get access to our Main Application Store and search "STEPN" in the search bar.
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After installing the Application, we can enter our Email Address in the given register window and we should confirm the email by the confirmation code. Then it will direct us to another window and here we should include an Activation Code.
Finding an Activation Code is a quite difficult task as compared to other applications. Here they are trying to limit users in the application. That's why we should need to enter an activation code. However, still, they are distributing some active codes through some discord and telegram channels. We can find these channels in the Activation Code window.
This is the basic interface of this Move To Earn application and we can choose the Marketplace Icon to buy NFTs to earn rewards. However, we should deposit some SOL Tokens to buy these NFTs.
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Below I have taken a screenshot of the Marketplace of its NFTs. We should buy one of these NFTs to earn rewards. However, the efficiency of our earnings will depend on each NFT.
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In this way, we can use this STEPN Fitness application to get rewards very easily. However, we should always remember that all the investment methods have some risks.
At the same time, as I said in my previous article, we should remember that all Cryptocurrencies are not stable completely as nothing we can find 100% efficient in the world. So, we should do our own search before investing in such a project. Often such projects are very popular at the beginning but after a while, their popularity declines.
I have studied the below-sourced articles to further study these topics and I have explained all the above facts in my own words and experience.
10% benificiary set for @tron-fan-club
Twitter Shared
https://twitter.com/moneyster12/status/1529914187471892483?s=20&t=4BqOjgbEpjN1YGypz51QFg
This I believe is a current trend on DEfi. It is indeed awesome how users will only move certain distance and earn rewards.
Thank you for sharing this.
I'm also thinking like that. But these days the fear of the market is very high as compared to the past days. That's the main reason for dumping all the Coins and Tokens. Thank you very much for your valuable comment.
Nice and educative post I must say earlier what I did know was the play to earn but never move to earn, seem nice indeed and worth trying and venturing into
These days I'm practising it. It looks worth for the investment. But we should be careful as all Cryptocurrencies are very risky assets.
Very good project where fitness will be rewarded. We can earn some by maintaining our fitness. Thanks.
Yeah I think so, these days I'm working with this application and it looks fine than expected. Thank you very much for the valuable comment.