STEPN Rolls Out $30 Million Airdrop Ahead of Major Sports Brand Partnership

STEPN, the favored move-and-earn way of life app, has lately launched an enormous airdrop marketing campaign to distribute 100 million FSL Factors, equal to USD 30 million, to its neighborhood members. This transfer comes simply earlier than a partnership announcement with “one of many world’s best-known sports activities manufacturers.”
A Two-Part Airdrop for Most Rewards
The airdrop is split into two phases and can conclude on Wednesday, April tenth. The primary part targets STEPN badge holders, rewarding them for his or her achievements throughout the app. Subsequent, the second part rewards Genesis Sneakers holders, giving larger rewards to probably the most devoted customers.
In keeping with the announcement, these FSL Factors allow participation in future STEPN mints and enhance the probabilities of securing unique prizes.
FSL Factors might be exchanged for GMT, STEPN’s native token, at a 1:1 conversion fee. This not solely will increase the worth of those factors but additionally permits customers to take part in future mints and unique rewards throughout the STEPN market. Moreover, recipients want to assert their rewards by the top of April and should meet particular standards, together with signing up for an FSL ID.
Connecting the Bodily and Digital World
Since its launch in 2021 by FSL, STEPN has gained a person base of 5 million by combining bodily exercise with cryptocurrency incentives. Customers can buy digital Sneaker NFTs and earn rewards by monitoring their bodily actions via the smartphone app. This revolutionary strategy has garnered widespread consideration and positioned STEPN as a frontrunner within the move-and-earn sector.

A Promising Future for STEPN
This airdrop marketing campaign is just the start of a number of main bulletins from STEPN, all geared toward solidifying its aggressive edge out there. Moreover, because the crypto trade enters a brand new cycle and curiosity in health options incorporating blockchain know-how will increase, STEPN is in a terrific place to capitalize on this development.
Shiti Manghani, CEO of STEPN by Discover Satoshi Labs, expressed the corporate’s appreciation in the direction of its loyal neighborhood members via this airdrop marketing campaign. “Now we have determined to launch this big airdrop marketing campaign as a token of gratitude to our most loyal neighborhood members, offering them with precedence entry to our upcoming mints and different unique rewards.”