Everything You Need to Know About Stepns $100 Million Airdrop

Solana-based move-to-earn game Stepn launched a $30 million airdrop campaign, distributing 100 million GMT tokens to players
The airdrop is happening in two phases – one for achievement badge holders and another for Genesis Sneaker NFT holders
Stepn teased an upcoming partnership with a major sports brand, aiming to cement its position in the move-and-earn sector

Stepn, a move-to-earn mobile fitness game, has launched a 30 million airdrop campaign with developer FSL distributing 100 million airdrop points to players. The campaign aims to reward Stepn’s most loyal users.

JUST IN: Stepn (@Stepnofficial) announced a $30 million airdrop

Rewarding players with 100 million FSL points

Exchangeable 1:1 for $GMT on Solana pic.twitter.com/RdnkLl2p5C
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Details of the Airdrop Campaign

FSL is distributing the airdrop points over a week-long event that started last week and ends this Wednesday. The points are redeemable for Stepn’s native GMT token minted on Solana. The airdrop is being conducted in two phases:

Phase 1 – Rewarding Achievement Badge Holders

The first phase focused on Stepn achievement badge holders who could earn FSL points through in-app achievements.

Phase 2 – Rewarding Genesis Sneaker NFT Holders

The second phase will focus on rewarding holders of Genesis Sneakers NFTs. Earned points must be claimed by the end of April.

Quotes from FSL CEO

“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,” said FSL CEO Shiti Manghani.

The Future of Stepn

Manghani added, “The next few months mark a pivotal moment for Stepn and we’re thrilled to share this with our most dedicated supporters.” FSL also teased an upcoming partnership with a major sports brand.

Context on Stepn

Originally launched in 2022, Stepn saw huge demand soon after release but the value of NFTs and crypto rewards has fallen substantially since then. The airdrop comes as Stepn aims to regain momentum.

Conclusion

With major plans slated for 2022, the airdrop campaign shows Stepn’s intent to reward its loyal user base. The airdrop also provides a boost as the project looks to recapture its former growth.

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