Celebrating Matson’s Birthday and Record Attempt

The announcement coincides with Nels Matson’s birthday on October 2nd, as shared in a tweet by GMT, STEPN’s governance token. The tweet read: “Nels Matson is running across the USA, attempting to break the world record for the fastest coast-to-coast run! In celebration of his birthdayToday (October 2nd), we’re releasing an exclusive 1/1 STEPN GO NFT Sneaker!”

This one-of-a-kind NFT marks a turning point in Matson’s athletic path and STEPN’s gamification and blockchain technology-based advocacy of healthy living.

About STEPN

STEPN is renowned for its creative way of fusing blockchain with exercise. Through daily step counting and exercise intensity tracking on the STEPN app, users of the platform are awarded with GMT tokens for their physical activity. Apart from encouraging personal health objectives, the app links users via community challenges and leaderboards.

The marketplace of the platform lets users spend earned GMT tokens on a range of digital and physical products, therefore strengthening the link between the virtual and real world. The gamified experience of STEPN motivates consumers to remain active while interacting in an expanding, health-conscious society.

You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don’t forget to follow us on our Telegram, YouTube, and Twitter channels for the latest news and updates.

The post STEPN Launches Exclusive 1/1 NFT Sneaker appeared first on Coin Engineer.

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In general, the release of more than 1% of the circulating supply of tokens during unlocks can have a significant negative impact on the price. However, there is a possibility that the price may not be affected by selling if the news has been priced in or if the market is positive.

In particular, the unlock of 26.49 million tokens in OP, worth a total of $80 million, represents 2.77% of the circulating supply, drawing attention. Also, the $91 million unlock in DYDX should also be considered, as it has a 10.63% supply ratio. Furthermore, Sui is planning an unlock of around $62 million.

Altcoins to Unlock This Week:

• Optimism (OP): The locks of 26.49 million tokens, worth $80 million, will be opened starting at 07:00 CET on January 30.
• 1inch (1INCH): The locks of 79,000 tokens, worth $31,000, will be opened throughout the coming week. Unlocking operations will begin at 03:00 CET on January 31.

• Nym (NYM): The locks of 48.7 million tokens, worth $9.5 million, will be opened throughout the coming week. Unlocking operations will begin at 03:00 CET on January 31.

• Sui (SUI): The locks of 42.2 million tokens, worth $62 million, will be opened starting at 03:00 CET on January 31.
• Pendle (PENDLE): The locks of 322,000 tokens, worth a total of $725,000, will be opened throughout the coming week. Unlocking operations will begin at 03:00 CET on January 31.

• dydx (DYDX): The locks of 33 million tokens, worth $91 million, will be opened starting at 03:00 CET on February 1.
• Stepn (GMT): The locks of 23.3 million tokens, worth $6 million, will be opened throughout the coming week. Unlocking operations will begin at 03:00 CET in February.

• Yearn.finance (YFI): The locks of 1.42 tokens, worth $10,000, will be opened throughout the coming week. Unlocking operations will begin at 03:00 CET in February.

• Akash Network (AKT): The locks of 566,000 tokens, worth $1.6 million, will be opened throughout the coming week. Unlocking operations will begin at 03:00 CET on February 1.

• Tornado Cash (TORN): The locks of 91,600 tokens, worth $156,000, will be opened starting at 06:30 CET on February 1.
• Acala (ACA): The locks of 27.4 million tokens, worth a total of $2.2 million, will be opened starting at 10:00 CET in February.

The post Major Altcoin Unlocks to Take Place This Week! appeared first on Coin Engineer.

This type of game rewards users for engaging in physical activities such as walking, jogging, running, and dancing. These games track your activity through a mobile app acting as a fitness tracker. After that, you receive rewards in the form of cryptocurrencies or unique digital assets within the app.

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These games issue their own cryptocurrency tokens to their platform. These tokens can be used to purchase or upgrade non-fungible tokens (NFTs) that help you progress to higher membership tiers. The games leverage blockchain, cryptocurrency, NFTs, decentralized finance, and GPS technology-engaging applications.

Users can convert their move-to-earn crypto rewards into real money by exchanging them for other cryptocurrencies and withdraw them.

Some move-to-earn apps offer staking options and allow users to mint special NFTs in-app or market trading. Play-to-earn gamers earn rewards for virtual achievements in online games. Move-to-earn users earn rewards for physical movement. Both models can be free to use or require users to purchase NFTs.

Move to earn Game Examples

1. STEPN: This was one of the first move-to-earn games to gain popularity. Users buy NFT sneakers and earn Green Metaverse Tokens (GMT) and Green Satoshi Tokens (GST) for their activity.
2. Walken: A cat-themed app where users own NFT avatars called CAThletes. Users earn in-app GEM tokens to upgrade their NFTs and compete to win WLKN tokens.
3. Genopets: Combining battle arena gameplay with pet NFT avatars and move-to-earn functionality. Players level up their NFTs by exercising in the real world and using the GENE token.
4. Sweat Economy: Originally launched in 2016. Sweatcoin rewards users for physical activity. Users can convert their Sweatcoin to the SWEAT crypto token, earning rewards based on their step count.

If you’d like to learn more about move-to-earn games, do not forget to follow us on YouTube.

You can present own thoughts as comments about the topic. Moreover, you can follow us on Telegram and YouTube channels for the kind of the news.

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