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NFT News

StepN Go and Adidas Launch Genesis NFT Sneakers on Solana

There will be 1,000 sneakers, each costing 10,000 GMT, StepN Go's native cryptocurrency.

Written By:
Jalpa Bhavsar

Reviewed By:
Jahnu Jagtap

Last updated: September 24, 2024 10:45 AM
Published September 24, 2024 12:37 AM
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Last updated: September 24, 2024 10:45 AM
Published September 24, 2024 12:37 AM
StepN Go and Adidas Launch Genesis NFT Sneakers on Solana

StepN Go has announced its second collaboration with German sports footwear retailer Adidas, unveiling the Genesis NFT sneaker collection on the Solana blockchain. 

StepN Go and Adidas Launch Genesis NFT Sneakers
StepN Go and Adidas Launch Genesis NFT Sneakers, Source: Twitter

This partnership builds on the success of their initial launch in April 2024, aiming to deepen the intersection of fitness and digital fashion within the Web3 ecosystem. The Genesis Sneakers drop is positioned as an innovative blend of physical activity and digital collectibles, enhancing the appeal of both brands in the growing NFT marketplace.

The Genesis Sneakers will only be available through a raffle on MOOAR, the NFT marketplace created by FLS,  the gaming and development team behind StepN. There will be 1,000 sneakers, each costing 10,000 GMT, StepN Go’s native cryptocurrency. Additionally, a refund will be provided for participants who don’t win.

Since its public beta launch in September 2024, StepN Go has garnered significant attention due to its unique features that reward users for their physical activities. One standout feature is the Haus, which allows users to lend their digital sneakers to friends.

This social aspect enhances user engagement and fosters a sense of community among participants. Additionally, the app includes a Fitness Level feature that rewards users with extra earnings for consistent physical activity, making every step a chance to earn more.

To complement these new features, StepN Go has introduced the Go Game Token (GGT), which users can earn by walking, jogging, or running with their digital sneakers. This new token operates similarly to the Green Satoshi Token (GST) from the original StepN app, which launched in 2021 and has become one of the largest move-to-earn games.

The app also incorporates social elements such as friend connections, messaging, and customizable avatars, allowing users to share their experiences and earn GMT rewards, further enhancing the overall experience.

Also Read: Trump’s Bitcoin Sneakers Sells Out Fast, Resell Prices Surge

Disclaimer: The information researched and reported by The Crypto Times is for informational purposes only and is not a substitute for professional financial advice. Investing in crypto assets involves significant risk due to market volatility. Always Do Your Own Research (DYOR) and consult with a qualified Financial Advisor before making any investment decisions.

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Jalpa Bhavsar- Senior crypto journalist at The Crypto Times
By Jalpa Bhavsar
Follow:
Jalpa Bhavsar is a Crypto Journalist with 3 years of experience in crypto, blockchain, AI, digital design, and crypto news reporting. She holds a B.Tech in Computer Science, bringing a strong technical foundation to her writing. Jalpa focuses on delivering clear, accurate, and engaging coverage of the latest trends and developments in the crypto and tech space.
Jahnu Jagtap - Crypto Research Analyst at The Crypto Times
By Jahnu Jagtap
Follow:

Jahnu Jagtap is a Research Analyst with over 5 years of experience in crypto, finance, fintech, blockchain, Web3, and AI. He holds a BSc in Mathematics and is certified in Blockchain and Its Applications (SWAYAM MHRD), Cryptocurrency (Upskillist), and NISM Certifications. Jahnu specializes in technical, on-chain, and fundamental analysis, while also closely tracking global macro trends, regulations, lawsuits, and U.S. equities. With a strong analytical background and editorial insight, he drives content that delivers clarity and depth in the fast-evolving world of digital finance.

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