STEPN is an earn-as-you-go sports app. Users equipped with NFT sneakers can go outdoors to earn tokens and NFT rewards. STEPN has a built-in wallet, NFT marketplace, exchange, and a leasing system that allows non-crypto users to use STEPN.

STEPN has a dual token system, a game token - Green Satoshi Token (GST) and a governance token - Green Metaverse Token (GMT).
GMT is STEPN’s native governance token with the following use cases:
Governance: Staking to participate in governance, the longer the lock-up period, the higher the voting rights.
Staking rewards: GMT stakers can vote to determine the distribution of staking rewards.
Accumulation of Protocol Revenue: GMT needs to be burned to access in-app features such as sneaker upgrades and minting of new sneakers.

Current features of STEPN include:
Mobile Apps: STEPN is live on the iOS App Store and Google Play Store (select countries only).
Sneakers NFT: Each sneaker has a different type, quality, attributes and gem slots. Users can upgrade and customize sneakers by burning tokens.
Move & Earn: Users equipped with sneaker NFTs can move outdoors and earn tokens. The app has multiple layers of anti-cheat mechanisms to prevent cheating.
Rental system: Users can rent sneakers for free, earn money while moving, and then share the proceeds with sneaker owners.
In-app NFT marketplace: Users can trade their NFTs on the marketplace.
In-App Exchange Feature: Users can exchange their token earnings into other forms of cryptocurrency.
In-App Decentralized Wallet: Users can deposit or send cryptocurrency to the wallet to fund their spending accounts.

STEPN has raised around $5 million from investors, with 16.30% of the total GMT token supply being sold at $0.005/GMT.