Latest STEPN Shoeboxes News
Blockchain move-and-earn app, STEPN, has successfully integrated Apple Pay into its platform, making it the first to achieve this feat.
The Deets
- Apple Pay integration simplifies the STEPN user experience for purchasing products.
- Users can now bypass the need for a separate crypto wallet.
- STEPN continues to innovate in the move&earn space, bridging the gap between Web2 and Web3 technologies.
- Co-Founders of Find Satoshi Lab, the developers behind STEPN, express enthusiasm for the integration and its impact on the Web3 ecosystem.
The Bulk
STEPN has set another milestone by integrating Apple Pay into its platform, marking a significant step forward for STEPN and the Web3 ecosystem.
Previously, STEPN users had to connect a separate crypto wallet to purchase STEPN's products, which include non-fungible tokens (NFTs) of virtual sneakers. With the introduction of Apple Pay, the payment process has become more streamlined and the user journey simpler. Users can now directly use their credit or debit cards linked to their Apple Wallet, expediting transactions while maintaining high-security standards.
Since its inception in 2021, STEPN has experienced remarkable growth and built a community where users engage in physical activities to earn valuable rewards fuelled by crypto incentives.
📊 By the Numbers
Since its launch in 2021, STEPN has grown rapidly, scaling from thousands to millions of active users, creating a community centered around health, fitness, and earning crypto rewards.
Though down significantly from its high, STEPN's token, $GMT, is up to $0.3127 in the first 24 hours following the announcement. It is up 17% in the last 24 hours and 15% in the previous seven days.
🎤 Founder Feedback
This integration opens us up to a whole new audience, making Web3 more accessible to the masses. It bridges the gap between Web2 and Web3 technologies in an unprecedented way.Yawn Rong, Co-Founder of Find Satoshi Lab (FSL)
🧠 Learn More
STEPN addressed a number of "community concerns" in a project update released early this morning via Discord. In the update, STEPN made reference to three main pain points, which included the HP restoration process, increased costs associated with Mystery Boxes and a lack of communication from the STEPN team with its community. The team will focus on these three areas moving forward.
The announcement notes that the goal of the HP bar is to shift the focus from short-term to long-term gameplay through the process of burning $GST and gems. The team also announced it will be halving the $GST cost of repair, and the change will be effective starting today.
Finally, the @STEPNOfficial Twitter account tweeted, "Ape OG Sneaker airdrop has started" at 6:24 a.m., ET this morning. The Ethereum-based STEPN Shoeboxes NFT collection currently leads OpenSea in trading volume over the past 24 hours, having generated 1,079.38 ETH in secondary sales over that time period.
