What is Green Metaverse Token GMT and STEPN?

Green Metaverse Token GMT is one of the two tokens used in STEPN, a Web 3-based sports and health application. The application gamifies mobile health applications on the web3 infrastructure, transforming movement into a fun and profitable way with the NFT market, swap, staking, wallet, etc. that it integrates.

Green Metaverse Token (GMT) is STEPN's management token. With a total supply capped at 6 billion GMT, the token is used for in-game development, NFT buying, selling and 'minting'. In addition, in-app purchases, upgrades and reward distribution are also provided by the app's management token. There are currently 600 million tokens in circulation. In addition, the Green Satoshi Token (GST) is used for interactions in the app and has an unlimited supply. The GMT project is currently working on Solana. Founded in 2017 by Jerry Huang and Yawn Long, GMT is an Australia-based project. While the STEPN app launched its beta version in November 2021, it quickly gained recognition in the first quarter of 2022 with the release of new updates enabling pre-sale, NFT marketplace and exchange between users. Binance, one of the cryptocurrency exchange leaders, pre-sold 10% of the token's total supply on Launchpad at $0.01. In the 21 days since the pre-sale, which ended on March 9, GMT Coin has seen a price increase of 22,200%. With the price of Bitcoin (BTC), the cryptocurrency leader, rising above $47,000 recently, GMT was one of the tokens that caught a serious rise. Within 48 hours, its price rose from 0.75 dollars to 2.33 dollars. GMT, whose popularity has skyrocketed with rumors of cooperation with the world's leading sportswear and mobile health applications, continues to rise since the day it started to take place in the markets. Source: expertcoin What is STEPN? STEPN, GMT's Web 3-based mobile application, can be downloaded to mobile devices from Google Play and Apple Store.  The app also has its own integrated wallet. Digital assets such as Sneaker, GMT and GST tokens can be stored in it and trading transactions are carried out through this wallet. Users with digital design NFT sneakers designed by Ryan Turner, the lead designer of the project, receive rewards according to the distance they run and the rarity of the NFT they own. These rewards can be in GMT and GST tokens, and the app gifts users with airdrops containing in-app items. Follow Global Economic Developments on Social Media! Click here to follow Ieconomy official Facebook account! Click here to follow Ieconomy official Instagram account! Click here to follow Ieconomy official Twitter account!