Green Satoshi Token (SOL) company info

What does Green Satoshi Token (SOL) do?
Green Satoshi Token (SOL) (CRYPTO:GST) is a utility token that powers the STEPN ecosystem. It is used as an in-game currency and alternative to experience points. GST is required for repair, upgrade and mint NFT Sneakers. GST can be earned when users move in Solo mode or Background mode. The STEPN ecosystem is a move-to-earn platform that rewards users for moving around. Users can purchase NFT Sneakers and use them to earn GST. The more users move, the more GST they earn. GST can then be used to repair, upgrade, or mint new NFT Sneakers. The objective of the STEPN ecosystem is to encourage people to move more. STEPN believes that by rewarding people for moving, they can help to improve people's health and well-being. STEPN is also committed to reducing the carbon footprint of the blockchain industry. STEPN does this by using a Proof-of-Activity (PoA) consensus mechanism, which is much more energy-efficient than Proof-of-Work (PoW) consensus mechanisms.
Green Satoshi Token (SOL) company media
Company Snapshot

How many people does Green Satoshi Token (SOL) employ?

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Employees
120

What is the market cap for Green Satoshi Token (SOL)?

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Market Cap
$46.05M

Where is the head office for Green Satoshi Token (SOL)?

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Head Office
Adelaide, Australia

What year was Green Satoshi Token (SOL) founded?

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Year Founded
2021
What does Green Satoshi Token (SOL) specialise in?
/Solana Ecosystem

What are the products and/or services of Green Satoshi Token (SOL)?

Overview of Green Satoshi Token (SOL) offerings
Alternative to experience points: GST can be used as an alternative to experience points to level up NFT Sneakers and users' STEPN accounts.
In-game currency: GST can be used as an in-game currency to purchase items and services within the STEPN ecosystem.
Mint NFT Sneakers: GST is required to mint new NFT Sneakers. Minting NFT Sneakers allows users to participate in the STEPN ecosystem.
Repair NFT Sneakers: GST is required to repair NFT Sneakers. NFT Sneakers need to be repaired regularly as they wear down over time.
Rewards: GST can be earned as a reward for completing daily challenges and activities within the STEPN ecosystem.
Upgrade NFT Sneakers: GST is required to upgrade NFT Sneakers to higher levels. Upgrading NFT Sneakers allows users to earn more GST.