Cryptocurrencies

    GameFi rebounds with rising crypto values

    Article Image

    Amid a resurgence in interest, the GameFi sector has witnessed a doubling of daily active wallets over the past year, signaling renewed activity after a period of dormancy.

    Notably, StepN's collaboration with sportswear giant Adidas marks a significant highlight, with the release of 1,000 Genesis Edition NFTs on the Solana blockchain.

    Priced at 10,000 GMT (CRYPTO:GMT) each (approximately $2,200), these NFT sneakers represent the beginning of a year-long partnership focused on releasing NFTs and wearable sneakers.

    StepN's innovative move-to-earn protocol rewards users with GMT tokens for physical activities, reflecting the growing intersection of fitness, blockchain, and gaming, despite GMT's inflationary mechanism and capped supply of 6 billion tokens.

    Disclaimer

    Grafa is not a financial advisor. You should seek independent, legal, financial, taxation or other advice that relates to your unique circumstances. Grafa is not liable for any loss caused, whether due to negligence or otherwise arising from the use of, or reliance on the information provided directly or indirectly by use of this platform.

    Publisher
    Grafa