Summary
TLDR: Stepn is giving away $30 million worth of FSL points in a token airdrop for users, with a 1-for-1 exchange rate for GMT tokens. CEO Shiti Manghani emphasized the company’s commitment to giving back to users. The airdrop rewards badge holders and Genesis holders, with the next phase starting on April 10. FSL points can also improve chances of winning exclusive prizes. Stepn is also planning a partnership with a sports brand. The Stepn app incentivizes users to stay active by rewarding them with cryptocurrency for walking or running, generating revenue from platform fees and boasting 5 million users since its launch in 2021.
Key Points
1. Stepn has announced a $30 million token airdrop for its users, distributing 100 million “FSL” points that can be exchanged for GMT tokens at a 1-for-1 rate.
2. The CEO of Stepn expressed the company’s commitment to giving back to its users through the airdrop, which is the largest ever for the company. It rewards badge holders and Genesis holders who have held NFTs for the longest periods.
3. In addition to the airdrop, Stepn also revealed that FSL points could improve users’ chances of winning exclusive prizes and announced plans for a partnership with a renowned sports brand.