Every time I get a new activation code, I will post on it my discord channel [LINK], so fastest fingers first.
I have finally supported an NFT project. I mean, how could you not when this is one of the better fitness apps out there. If you are looking at familiarizing with web3.0, cryptocurrencies or NFTs, StepN app could be a good choice as you can easily earn a hundred bucks a day simply by walking.
So how this works is you must first buy an NFT which in this case is in the form of a sneaker. It is built on the Solana (SOL) blockchain so you need to buy SOL first, then send over to the app and make a purchase on the marketplace.
For the 1st sneaker owned, you will get 2 energy which will be replenished after 24 hours. The more sneakers you own, the more energy you get.
At current time, the floor price of each sneaker NFT cost around 13 SOL which is about 1014 USD based on today’s SOL price. You need at least 2 sneakers at level 5 to mint for new sneakers (cost: 150 GST and 150 GMT which is around 1.1k USD) and it has a small chance of minting 2 shoes.
My current sneaker earns me around 18.92 GST a day with 4 energy. That’s around 92 USD a day for just walking/jogging. Pretty easy IMO.
I have put in around 41 SOL (3.2k USD) and withdrawn 15 SOL, so there’s a remaining of 26 SOL (2k USD) capital invested in this NFT project. It will take me only another 21 days to break even. And after that, I’m going to let my profits roll and invest in more sneakers.
As usual, please do your own due diligence as all investments come with risks. In this case, your risk is the devaluation of GST or GMT or even SOL. With cryptocurrencies currently getting wrecked, there is a possibility your assets are just getting cheaper. I will give an update on my performance 1 month later so you will know if I have managed to withdraw all my capital 🙂
