HomeWEB3STEPN Rolls Out $30 Million Airdrop Ahead of Major Sports Brand Partnership

STEPN Rolls Out $30 Million Airdrop Ahead of Major Sports Brand Partnership

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STEPN, the favored move-and-earn life-style app, has just lately launched a large airdrop marketing campaign to distribute 100 million FSL Factors, equal to USD 30 million, to its group members. This transfer comes simply earlier than a partnership announcement with “one of the world’s best-known sports brands.”

A Two-Part Airdrop for Most Rewards

The airdrop is split into two phases and can conclude on Wednesday, April tenth. The primary part targets STEPN badge holders, rewarding them for his or her achievements throughout the app. Subsequent, the second part rewards Genesis Sneakers holders, giving larger rewards to essentially the most devoted customers.

In response to the announcement, these FSL Factors allow participation in future STEPN mints and improve the possibilities of securing unique prizes.

FSL Factors could be exchanged for GMT, STEPN’s native token, at a 1:1 conversion fee. This not solely will increase the worth of those factors but in addition permits customers to take part in future mints and unique rewards throughout the STEPN market. Moreover, recipients want to assert their rewards by the tip of April and should meet particular standards, together with signing up for an FSL ID.

Connecting the Bodily and Digital World

Since its launch in 2021 by FSL, STEPN has gained a person base of 5 million by combining bodily exercise with cryptocurrency incentives. Customers should purchase digital Sneaker NFTs and earn rewards by monitoring their bodily actions by the smartphone app. This progressive strategy has garnered widespread consideration and positioned STEPN as a pacesetter within the move-and-earn sector.

Supply STEPN

A Promising Future for STEPN

This airdrop marketing campaign is only the start of a number of main bulletins from STEPN, all geared toward solidifying its aggressive edge available in the market. Moreover, because the crypto business enters a brand new cycle and curiosity in health options incorporating blockchain know-how will increase, STEPN is in an incredible place to capitalize on this development.

Shiti Manghani, CEO of STEPN by Discover Satoshi Labs, expressed the corporate’s appreciation in the direction of its loyal group members by this airdrop marketing campaign. “We have decided to launch this huge airdrop campaign as a token of gratitude to our most loyal community members, providing them with priority access to our upcoming mints and other exclusive rewards.”



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