I am always looking for new ways to earn extra money or cryptocurrencies and one thing caught my attention.
There is an app called StepN that claims to earn you cryptocurrencies just by walking, jogging or running outside.
Now, the question is: Is this app valid or is it a scam? If you continue reading this review of the StepN app, you will know the answer to this question and more.
I personally tested the app for several months to see how it works and whether it is a good way to earn cryptocurrency. In this review, I will share everything I have learned about it so that you can decide whether it is worth using or not,
What is StepN and what does it offer?
StepN is an app that rewards you for walking, jogging or running outdoors. It is a worthwhile app because you really earn when you use the app if you go out walking, jogging or running.
But the question is, is it worth it?
To answer that question, you must first understand how it works, and the best way to do that is to look at the earning opportunities it offers
How to earn money with StepN
2 are the main ways to earn money using StepN
1: By doing physical activity
This app is not free: you need to spend real money to use it!
To earn from this app, you need to fund it first through Solana or BNB. So, you will have to spend some money to earn money.
When you first use the app, you are asked which network you intend to use. If you intend to fund the app using SOL (Solana’s cryptocurrency), you will need to select the Solana network.
If, on the other hand, you want to fund it with BNB (Binance’s cryptocurrency), you will need to use the Bep20 network, which is Binance’s Smart Blockchain. I personally prefer Solana because the fees are cheaper. Once you have chosen your network and once you have obtained a sufficient amount of cryptocurrency, you will need to purchase a pair of NFTs.
Think about purchasing a pair of digital shoes. Once you have purchased the NFT sneakers, you can use the app when you go out for running, walking or jogging.
The idea is that when you go out walking or jogging (or even running), you have to open the app and press the start button. Then, just proceed with the walking, jogging or running to earn a certain number of GST (the currency used by StepN).
The amount you can earn depends on the NFT sneakers you buy, so it is important to buy the right pair of NFT sneakers. The good thing is that you can immediately see the attributes of the NFT sneakers you want to buy, so you can easily choose which one to pick.
The rarity of the NFT sneakers also affects your earnings, but obviously the rarer the pair of sneakers, the more expensive they will be.
From time to time, you will also be able to collect loot boxes containing special prizes. The chances of getting a loot box depend on your NFT sneakers.
However, you have to pay a small amount of GST to open the boxes, and often you may earn less than you paid. At least this has been the case for me: so far I have opened about 20 of these boxes and have not yet earned anything from any of them.
Keep in mind that you can earn only when you have energy in the game. Energy recharges every six hours, and the maximum energy you can have also depends on the NFT sneakers you use.
Also, as in most games, you can level up your NFT sneakers by using in-game currency to improve their attributes and thus earn more. This is also an aspect of the game to be taken into consideration. You must then plan how to spend your earnings. You can withdraw them or use them to improve your NFT sneakers and earn more.
As you can see, the most important factor affecting earnings in this application is the type of NFT sneakers you use when you go out for walking, running or jogging. For this reason, before buying a pair of NFT sneakers, it is necessary to know all their characteristics.
The ideal strategy for playing this game is to have multiple NFT sneakers. Of course, this means you will have to spend more. The best advice I can give you is to formulate a strategy with the NFT sneakers you will buy. In this way, you will be able to maximize your earnings and be able to recoup the money you spend.
2: Renting NFT sneakers
Another way to earn money is to rent NFT sneakers to other app members. This is a relatively simple earning method. You can set up your NFT sneakers so that they are available for rent for a certain GST period.
Then, the member who rented the NFT sneakers can use them to earn money by playing with the app. Keep in mind that renting the sneakers will cause degradation (just like when you use them yourself).
Repairing NFT sneakers to bring them back to their maximum durability will cost GST. So, as in any game, there are some small details to consider.
StepN game modes
Let’s delve into the three different modes of the Stepn app. There are still many features under development, which we will point out soon. Make sure you have an NFT sneaker. Otherwise you will not be able to participate. At present you can only own a sneaker, but soon it will also be possible to rent one. Above all, do not forget to take your phone with you on outings. So far, we have not found any indication that you can charge runs from your smartwatch.
Solo mode: in this mode you can start earning money. However, you must have energy in order to earn GST. Every 1 energy gives you a 5-minute window to move and earn. You start consuming energy only after you purchase an NFT sneaker. Be careful not to cheat. There is a “Moonwalking” warning that appears when there is no strong GPS signal or if you are not moving organically. For example, using a scooter. In this mode, you do not gain and can be penalized.
Mystery boxes: can be obtained in Solo mode. They fall randomly and contain gems (level 1-3). In total, there are four slots for Mystery Boxes. Once received, a countdown is displayed and you have to wait. Opening the box will cost some GST.
Marathon mode: still under development. It is necessary to register for the two options. The registration fee is returned once the challenge is completed.
Weekly Marathon: last all week and are active every week. One can choose from a 2.5 km, 5 km or 7.5 km option.
Monthly marathon: you can choose from a 5, 10 or 15 km option. They take place every month and last the whole month. You can participate in only one weekly or monthly option at a time. The entry fee and rewards are under development. Ranking, on the other hand, is coming soon.
Background Mode: under development. As long as you have a sneaker, you can earn GST. The maximum limit is 3,000 daily steps on mobile.
Is it possible to use Stepn on a pc?
StepN is a mobile-only platform. Therefore, you will have to use a mobile device to play this game. And given the earning opportunities it offers, you will never find the need to use it on a desktop or laptop computer.
Also, you will not encounter annoying pop-up ads while using the application, so the overall user experience it offers is generally pleasant.
How to use StepN gems?
You can unlock gems once you reach certain levels with the sneaker. There are four types of gems. In addition, each gem represents an attribute:
- Yellow: Efficiency
- Blue: Luck
- Red: Comfort
- Purple: Resilience
You can burn GST and use the Enhancement button. Now you can combine three gems of the same level and move to a higher level. There are success rates for upgrading. Starting at 35% for the lowest level. Levels 6-8 have a 100% success rate. From level 4 onward, upgrading costs GST and GMT.
There are also four different slots for each sneaker. You can upgrade a sneaker’s attributes by inserting gems into a slot. At levels 5, 10, 15 and 20 these slots are unlocked. A higher slot increases the attribute of the inserted gem.
Who can register for StepN?
To register for StepN requires an invitation code, which is rather difficult to obtain.
This is because the company has limited the number of users who can sign up, as it wants to ensure the quality of the application and not flood it with users.
There are several ways to get the invitation code
The easiest one, which is also the one I used, just go to twitter and search for “StepN activation code” and you will find hundreds posted every day.
During the registration process, simply enter the code to complete the registration. Once this step is done, you can log into the application and begin the setup process. As explained earlier, you must choose the network you wish to use. You can choose the Solana network or the Binance network.
This depends on your preference, but I personally use Solana because, as mentioned above, the gas rates for this network are cheaper than Binance. After you choose your network, you can purchase your favorite NFT sneakers to start earning money
How much can you earn using StepN?
It is difficult to give an exact amount of how much you can earn with this application. This is because earnings depend on the NFT sneakers you own. As explained above, each pair of NFT sneakers has different characteristics, so earnings will vary.
In addition, you also have to consider the amount of money you are willing to spend to purchase these NFT sneakers. Besides that, there is the wear and tear factor, so you will have to spend some of your earnings to repair your NFT sneakers.
So, you have to strike the right balance if you want to profit from this application. You have to formulate a strategy to recoup the money spent to buy NFT sneakers so that you do not end up with a loss.
It is a difficult balance to strike, but what I really like about this app is that it essentially rewards you for an active lifestyle. And that, in my opinion, is a reward in itself. You can think of the cryptocurrencies you earn as a bonus.
Personally, I have yet to come close to earning what I spent on sneakers, even after using the app for a few months.
Again, the speed of earning will depend on how much you invest, how active you are, and so on, but in general, you should not expect to earn quickly with this app.
How to withdraw the money earned from StepN?
As explained above, you earn GST by playing. Then, you can convert the earned GST into various cryptocurrencies. You do not need to reach a threshold to do this.
You can convert GST to any cryptocurrency at any time. Then, if you want to cash out, you can transfer the converted earnings to your cryptocurrency wallet (Solana or Binance).
StepN’s payment system is relatively simple if you are already used to dealing with cryptocurrencies. But if you are new to cryptocurrencies, it can be a bit overwhelming at first. But once you get used to it, it becomes much easier.
StepN interesting collaborations in the future?
Currently, everything is in the honeymoon stage. There are rumors suggesting a collaboration with a large company. Stepn’s posting of a photo on Twitter, like the one below, only adds more fuel to the fire. Can you spot the logos? Look for Nike, Asics, Head, or Adidas.
StepN is a legitimate GPT application that rewards you for playing. It has a couple of good features, but it also has some limitations to consider because It requires a lot of patience to earn and requires an initial investment
In my opinion, StepN is an interesting application. You can earn cryptocurrencies in a fun and healthy way. However, to start earning from this app you have to be willing to spend some money. If you are not willing to do that, this app is not for you.
You also have to formulate a strategy to recoup the money spent. But, in my opinion, the best value offered by this app is that it can motivate you to live an active lifestyle.
If you are interested in other apps that pay crypto to earn take a look at these: Paying apps for walking