STEPN plans airdrop for Genesis holders- Here’s what to expect from GMT

ambcrypto.com:

In a recent town hall meeting with its community members, STEPN made a significant statement. It announced in its post, reporting the meeting, that an airdrop would soon occur. What was the state of the token up until this point, and how did GMT respond to the most recent development?

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STEPN announced that it would conduct an airdrop for its Genesis holders in a post on 15 February. Additional information indicated that different colors would draw different amounts of GMT tokens.

For example, grey shoes will receive an airdrop of 4,000 GMT tokens, followed by green shoes at 8,000 GMT, blue shoes at 16,000 GMT, and purple shoes at 32,000 GMT.

In STEPN, players are incentivized to get up and move around using a novel NFT gaming mechanic called the “move-to-earn” paradigm.

Walking, running, or jogging outside wearing NFT sneakers will earn the user prizes in tokens. One of the many ways STEPN tokens can be used is to introduce individuals to the web3 ecosystem and inspire more people to adopt healthier habits. 

STEPN also guarantees more favorable chances of reaching carbon neutrality. The Green Satoshi Token (GST) is the game’s utility token and has an infinite supply. At the same time, the Green Metaverse Token (GMT) is used for governance purposes and has a finite quantity.

A study of STEPN’s [GMT] price movement on a daily time frame chart revealed that it responded favorably to the news. On 15 February, its price increased by 10.86% and reached a high of $0.49, according to an analysis of price movement.

As of this writing, it was up by about 0.60% in the trading period at about $0.48. A minor bull trend has also developed due to the price increase.