Have you ever wondered what it’s like to earn by walking or doing daily chores? Well, with the huge diversification of cryptocurrencies, this is now possible. Now you can earn crypto while doing your daily tasks such as walking, cooking, exercising, etc. Today we will talk about such a crypto. The Green Satoshi Token (GST) and the Stepn app that helps you earn it.
What is the Stepn app?
A virtual environment has been superimposed on the real environment in a number of augmented reality (AR) games in recent history. Video games and gambling activities to earn appeared a little later. Users were paid by these services in cryptocurrency to achieve in-game benchmarks.
Stepn adds to this element the newer concept of play-to-win, which has been popularized by cryptocurrency titles like Axie Infinity which rewards players with crypto tokens: accumulating points based on progress made using the GPS. As a result, a game was created that records users’ real exercises and awards them credits in the form of cryptocurrency.
Stepn is a mobile phone application that allows individuals to generate income by strolling, walking, jogging, sprinting or running for a strictly specified time period that resets every 24 hours and was built on the Ethereum rival Solana by software developer FindSatoshi Lab. Members receive credits based on distance traveled, which is tracked by GPS, and are then rewarded for their achievements with cryptocurrency tokens. The reward generated when using this application is called the Green Satoshi Token (GST)
In Stepn, you can upgrade your shoe to improve 1 or more of 5 distinct attributes, the same way you could upgrade your armor to withstand particular assaults in a conventional role-playing game: a resilience ability that delays deterioration (and lower rewards); Luck, which increases the probability of players winning a random reward for a period; Comfort, which increases the consumption of another type of token called GMT, which has to do with administration; and Efficiency, which increases the amount of GST earned for each unit of “energy” used.
Energy, the fifth attribute, is a measure of delay on STEPN. You start with two units of energy when playing. After each move to win session, each unit is restored and lasts an additional 10 minutes. You are only allowed to use one energy per day. This implies that you can only exercise for 10 minutes a day while earning GST. Additionally, you need to make sure you are walking at the appropriate speed for the style of sneaker you are wearing. You can acquire any of the four aforementioned traits and improve your game once you earn enough green Satoshi Tokens to upgrade to the new shoe.
What is the Green Satoshi Token (GST)?
The utility token of the STEPN ecosystem is the Green Satoshi Token (GST). It is used as in-game money and as a substitute for achievement rewards or experience points. TPS is required to mint NFT sneakers, modify them, and repair them. When users are walking in Solo mode or Background mode, this is how GST can be achieved.
Green Satoshi Tokens (GST), which are created in walking, running, and other moving exercises, are given to players through the STEPN app. Renting out their NFTs to system users or new entrants is another way for investors to earn GST. Additionally, GST tokens can be donated in exchange for carbon removal credits on the blockchain, promoting the idea of carbon neutrality in the fight against global warming and helping to save the environment.
There are two forms of GST – one based on Solana and one based on Binance Smart Chain. A built-in burning feature for GST is intended to progressively limit supply and support pricing. Although STEPN users are GST’s main target audience, potential buyers can acquire tokens through Coinbase to participate in the app’s expansion.
Due to regulations in mainland China, the price of the cryptocurrency platform has recently dropped. The notification states that as of July 15, 2022, the STEPN app would no longer be allowed to operate in China. This is one of the elements that the latest crypto market crash problem has as one of its causes.
What are the different ways to earn the Green Satoshi Token?
Three fashions are available in the stepn application :
Solo Fashion: the amount of GST obtained by moving depends on the players physical exercise and the scarcity of NFT shoes,
marathon mode: Registration is required at least 24 hours before the start of any weekly or monthly online marathon.
Background Mode: By owning only one pair of shoes, users can generate income in GST tokens. The background mode remains active even when the program is not running and does not affect the life of the sneakers.
How to get the Green Satoshi Token using the Stepn app?
The Stepn app is available on iOS as well as Android devices. In this section, we’ll cover the entire registration process on both platforms in detail and teach you how to get your own Satoshi Green Token using the app.
Step 1: On your Android device, open the Google Play store and search for Stepn, then open the first result you see. You can also click here to go there directly.
Or, if you’re using an iOS device, go to the App Store and search for Stepn, then open the first result you see. You can also click here to go there directly.
2nd step: On Android or iOS devices, click Install and wait for the app to install. Once the app is installed, open it.
Step 3: Enter your email, then click the Send Code button. You will receive a verification code on your email.
Step 4: Enter the verification code and click the Login/Register button.
Step 5: If you have an activation code, enter it. If you don’t have an activation code, you can either join Stepn’s discord or join the waitlist.
(Note: This code is required for account activation. Without entering this code, you will not be able to join this application.)
Step 6: Once you have entered an activation code, click Enter Stepn. Your account will be created successfully. Follow the basic tutorial in the app to get ahead.
Step 7: Click the Wallet icon to create a new wallet. Create a passphrase and verify the wallet details.
Walk : Buy a sneaker from the app market and start walking to earn the Green Satoshi Token (GST).
(Note: To earn GST, it’s important to buy a sneaker first. Without a sneaker, you won’t be able to earn money.)
How to buy Satoshi green token with Coinbase?
The price of Satoshi green token in the open market is Rs. 4.9. You can buy it using several crypto wallets, but for this you will need to convert the Binance token. In this segment, we will see how you can buy GST directly using Coinbase without binance conversion.
Step 1: If you already have an account on Coinbase, log in. Otherwise, create a new account.
2nd step: After completing the account setup, look for the green Satoshi token.
Step 3: Click on the green Satoshi token in the list. Click Buy.
Step 4: Enter the quantity you wish to purchase. You can either select the number of tokens you want or the amount you want to buy the token for.
Step 5: If you have a balance in your Coinbase wallet, it will be automatically deducted. Otherwise, load your wallet first and repeat the process from step 1 to step 4.
Congratulations, you are now a proud owner of the Green Satoshi Token.
What can you buy in the Stepn market using the green Satoshi token?
The Stepn application marketplace is a unique place, dedicated to the green initiative. You can buy sneakers, gems and badges in the market.
Sneakers are needed to earn the green Satoshi token. It is the building block that every user needs to run the application at its maximum capacity. There are five different sneaker attributes: Common, Uncommon, Rare, Epic, and Legendary. The degree of each attribute when a sneaker is hit will be randomly chosen between the minimum and maximum values depending on the quality of the sneaker. As a result, even shoes of the same caliber can have very diverse attribute distributions. Customers can categorize sneakers using GST, although at times GMT is also required. Each higher rank has a set completion time that increases with the amount of GST and GMT needed based on the Sneaker’s level. More TPS can be used to speed up or speed up this process.
When the sneakers reach the appropriate level, users can unlock the gem sockets, and then they can use the appropriate gems to upgrade their sneaker attributes in the unlocked sockets. Users can upgrade their gems by burning GST and fusing three gems of the same level and type to a higher level by accessing the Upgrade tab under the Gems section.
Users can visit the in-app Marketplace if they want to rent something. Before their rental application is authorized, they must submit an application, be connected with a lessor and unconditionally accept the conditions of the lessor. The Sneaker will be returned to the Owner for servicing after each 24 hour rental period. Depending on the creditworthiness of the tenant, a rental contract can last up to 7 days. The renter’s credit score will be reduced by one star if they do not meet the requirements of the rental agreement.
Tenants must pass a series of “scholarly” tests in order to increase their credit score. They can start renting if their rating reaches 2/5. This procedure ensures that they know all the essentials of the software, preventing tenants from overusing or underusing it and generating no returns. The maximum credit rating is 5/5.
What do you think of this green initiative from the Stepn app? If you have any doubts regarding the Green Satoshi Token, let us know in the comment section and we will get back to you as soon as possible.