GameFi rebounds with rising crypto values

Cryptocurrencies

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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.