Green Satoshi Token (GST) is a cryptocurrency that was created in 2022. It is used to power the STEPN fitness app, which allows users to earn GST by walking, running, or jogging outdoors.
What is what is Green Satoshi Token (GST)?
The Green Satoshi Token (GST) cryptocurrency is used in the STEPN fitness programme. STEPN is a Web3 lifestyle software with fun social components and gamification design built in. Users that have NFT Sneakers, such as STEPN Shoeboxes, can walk, jog or run outside to earn GST, which can then be used to level up and mint new Sneakers.
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GST is a BEP-20 coin that is supported by the Binance Smart Chain. There are 600 billion tokens in total supply, with 240 billion tokens in circulation.
Users that walk, jog or run outside while wearing NFT Sneakers can receive GST. The amount of GST earned is determined by the user's speed, distance travelled, and kind of NFT Sneaker.
GST can also be used to upgrade and create new NFT Sneakers. On the app Marketplace, players can also sell or hire their NFT trainers.
GST is a deflationary token, which means that its supply is always reducing. This is due to the fact that GST tokens are burned when used to level up or mint new NFT Sneakers.
GST is a new cryptocurrency that is still in its early stages of development. However, it has the potential to be a great asset for people who want to get in shape while also earning money.
what are cryptocurrency tokens ?
Cryptocurrency tokens can be used for a variety of purposes, including:
- To represent ownership of an asset, such as real estate or a collectible.
- To access a service, such as a gaming platform or a social network.
- To pay for goods and services.
- To raise funds, such as through an initial coin offering (ICO).
- Cryptocurrency tokens are a relatively new asset class, and they are still evolving. However, they have the potential to revolutionize the way we think about money and ownership.
Cyptocurrency list with price:
Crypto GST price prediction 2030 in usd
factors that could drive the GST price higher in 2030. These include:
- The continued growth of the STEPN fitness app.
- The increasing adoption of cryptocurrencies by mainstream investors.
- The growing demand for green cryptocurrencies.
factors that could affect the GST price in 2030:
- The overall performance of the cryptocurrency market.
- The adoption of STEPN by new users.
- The release of new features and updates for STEPN.
- The development of new competitors to STEPN.