News

STEPN $30 Million Airdrop Campaign

Learn about STEPN's latest move in the web3 space as it distributes 100 million FSL Points to users, redeemable for $GMT tokens, and prepares for a significant global partnership reveal.

Eliza Crichton-Stuart author picture}

Eliza Crichton-Stuart

Head of Operations

STEPN $30 Million Airdrop Campaign

Move-and-earn lifestyle and gaming app STEPN, a leading player in the web3 sector, has initiated a major airdrop campaign. The event will be distributing 100 million FSL points, which can be exchanged 1:1 for its native $GMT tokens, equating to approximately $30 million. This move precedes an imminent global partnership announcement, underscoring STEPN's ambition to solidify its position in the move-and-earn gaming space.

In this article, you will learn all about the STEPN airdrop campaign as well as Gas Hero the web3 game by Find Satoshi Labs. We will also touch on the project's recent success, accumulating $90 million in NFT trading within the first month.

STEPN $30 Million Airdrop Campaign

$30 Million Airdrop Campaign

Move and earn lifestyle app STEPN has launched an airdrop campaign that will see the distribution of 100 million FSL points, redeemable 1:1 for its native $GMT tokens and equivalent to around $30 million, ahead of a major global partnership announcement. The leading, Solana-based NFT project is conducting the airdrop in two phases, starting on Friday (April 5th) and culminating on Wednesday, (April 10th).

  • Phase 1 (April 5 - April 10): STEPN badge holders, who can earn FSL points via achievements completed within the STEPN app 
  • Phase 2 (April 9 - April 10): Genesis Sneakers holders, with the most loyal users are eligible for higher rewards.
STEPN $30 Million Airdrop

FSL Points vs $GMT Tokens 

The FSL Points earned in this campaign will allow users to participate in upcoming STEPN mints and improve their chances of obtaining exclusive prizes. FSL Points can also be swapped for $GMT via the STEPN marketplace with 1 FSL Point = 1 $GMT. 

Commenting on the news, Shiti Maghani, CEO at STEPN by FSL, says: “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."

STEPN $30 Million Airdrop

Airdrop recipients have until the end of April to claim their rewards, contingent on meeting several criteria. To claim their points, users will need to sign up with FSL ID (id.fsl.com) – FSL’s latest product, enabling the community to earn rewards from engaging with FSL ecosystem products: STEPN, MOOAR, and Gas Hero

Shiti Maghani added: “STEPN currently finds itself at a very exciting juncture, with major plans in the pipeline this year to supercharge our growth and cement our leading position in the move and earn segment. The next few months mark a pivotal moment for our project, and we’re thrilled to share this with our most dedicated supporters.”  

This airdrop is the first of several hard-hitting announcements from STEPN that are set to significantly boost its competitive position and reignite the move and earn market.

STEPN $30 Million Airdrop

Gas Hero Makes $90 Million

The web3 developer Find Satoshi Lab recently reported that Gas Hero, its video game, has seen substantial success, accumulating $90 million in NFT trading within the first month. Gas Hero features six NFT collections, allowing users to actively trade in-game items like characters and weapons as NFTs on the Polygon PoS blockchain. Notably, the Gas Hero Common Heroes collection is presently ranked as the fifth most-traded collection in the last 24 hours, according to data from CryptoSlam.

gas hero g2.webp

StepN vs Gas Hero

Known for its blockchain-enabled fitness app STEPN, Find Satoshi Lab has expanded into web3 gaming with Gas Hero, aligning with the move-to-earn trend. The ongoing Gas Wars PvP battles offer players a chance to participate in winning a share of the 14 million $GMT tokens currently available.

Shiti Maghani, COO of Find Satoshi Lab, explains, "Gas Hero is all about battling, collecting NFTs, and earning GMT. It's a social game where strategic planning takes center stage." Unlike STEPN, Gas Hero operates on Polygon, utilizing a bridged version of the $GMT token. This shift reflects Find Satoshi Lab's commitment to community growth through diversified platforms.

Sandeep Nailwal, co-founder of Polygon Labs, expressed contentment with Gas Hero's initial success, highlighting its broad appeal as an indication of the growing interest in web3 gaming. Gas Hero currently boasts over 10,000 active users and is accessible on both mobile devices and computers without the need for downloads. As Gas Hero solidifies its presence in web3 gaming, its impact on the broader landscape, alongside its innovative NFT collections, remains a noteworthy development.


NewsTokenGame Updates

updated:

April 12th 2024

posted:

April 12th 2024

Related Games

Related News

StepN Dev Reveals Gas Hero; Introduces Genesis NFT UGC Contest

a year ago

2 min read

StepN Dev Reveals Gas Hero; Introduces Genesis NFT UGC Contest

Gas Hero, a Web3 social game by Find Satoshi Lab, announces the 'Shape the Legends, Share the Glory' competition.

What are Blockchain Games?

3 months ago

6 min read

What are Blockchain Games?

Discover the innovative realm of blockchain gaming, reshaping how players interact with games. Dive into how the technology is unlocking new dimensions of ownership and governance in gaming.

Eliza Crichton-Stuart author picture}

Eliza Crichton-Stuart

Head of Operations

What are NFT Games?

3 months ago

7 min read

What are NFT Games?

Everything you need to know about NFT games. Discover the benefits of sovereign ownership, interoperability, and new monetization models. Explore examples like Gods Unchained, Dookey Dash, and Loot.

Eliza Crichton-Stuart author picture}

Eliza Crichton-Stuart

Head of Operations

What Are Play-to-Earn Games?

3 months ago

9 min read

What Are Play-to-Earn Games?

Everything you need to know about Play-to-Earn games. We will look at mechanics, implications, and the transformative impact p2e holds for both web3 players and the broader gaming industry.

Eliza Crichton-Stuart author picture}

Eliza Crichton-Stuart

Head of Operations

Leaderboard

Streaming