In a move of interest for the cryptocurrency community, STEPN officially announced a massive $30 million airdrop, sparking widespread attention. The initiative aims to distribute $30 million in GMT tokens, signifying a major push to reward its dedicated user base. This comes through a two-phased approach, targeting both STEPN Badge Holders and Genesis Sneakers Holders, emphasizing activity and loyalty.
Phase one caters to STEPN Badge Holders, where users can earn FSL Points by accomplishing various achievements within the app. These points reflect the users’ dedication and active participation, offering a direct path to tangible rewards. Phase two shifts focus to the holders of Genesis Sneakers NFTs, where the duration of ownership directly correlates with the potential for rewards. Hence, the longer one holds these NFTs, the greater the rewards.
Moreover, the utility of FSL Points extends beyond simple token swaps. Users can leverage these points to participate in STEPN mints, thereby increasing their odds of securing exclusive prizes. This strategic move not only enriches the user experience but also strengthens the ecosystem’s utility. Additionally, the process for claiming airdrop rewards is straightforward, ensuring users who meet the criteria can easily access their benefits.
The announcement also hints at plans designed to bolster STEPN’s position in the move-and-earn sector. CEO Shiti Manghani’s statement underscores the company’s commitment to growth and innovation, promising an exciting future for its community. Furthermore, the integration of FSL Points with STEPN’s wider ecosystem, including MOOAR and Gas Hero, showcases a visionary approach to user engagement and rewards.
This airdrop is part of a broader tradition of giving back to the community, following previous successful events in 2022 and 2023 as per STEN’s tweet. It stands as a testament to STEPN’s long-term commitment to its players and the move-and-earn concept. Consequently, this initiative not only rewards loyal users but also positions STEPN as a trailblazer in the evolving digital economy, setting the stage for its next growth phase.
