The creators of the STEPN project for the period April-June 2022 received a profit of more than $120,000,000.
What is known
STEPN is a mobile application that pays users with cryptocurrencies for moving around in the real world. True, in order to start earning, you need to buy NFT sneakers.
According to the developers, some users earn up to $4,500 per day in the internal cryptocurrency GMT. At the same time, the cost of NFT sneakers is $500.
The founders of the project stated that in the secondIn the quarter of 2022, they made a profit of $122,500,000. 5% of this amount will be spent on the token buyback and burning program. This will take several weeks to avoid sudden fluctuations in the cryptocurrency rate. In addition, the project will invest part of the funds in improving the security of the site and increasing server capacity. The developers also intend to invest money in improving the fraud protection system.
Source: Medium
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