Digital currency Green Satoshi token, which is known as GST currency. GST, the Web 3.0 lifestyle game token STEPN, allows users to earn rewards by walking or running. This token performed very well in the first few months of 2022. The gst currency fell sharply in the third quarter of 2022. GST’s poor performance to date has been attributed to the faltering non-fungible token (NFT) market. In the continuation of this article from Persian Elite, we are going to examine the GST digital currency in more detail.
History of STEPN
STEPN was founded in August 2021 by Australian fintech company Find Satoshi Lab. New management was also elected in September of that year, securing the Solana Ignition Hackathon Gaming Track 2021 game project in October. Jerry Huang is the creator of the game and one of the founders of this company, and there is no information about his experience and education yet. STEPN was not his first project, Huang has been involved in game development, marketing and also testing projects, especially for Apple users.
Another key component of this company is Yawn Rong. Rong is an experienced cryptocurrency investor, long-time blockchain incubator and successful entrepreneur. Rong has been successful in small projects in the past and has been able to scale up his projects to national levels.
Jessica Doan, the company’s chief security officer, has experience in design and architecture. He holds an influential position as he is responsible for advising partners and clients, analyzing blockchain technology, market trends and innovations. On Earth Day, April 22, STEPN announced that it had purchased $100,000 or 5,797.1 tons of carbon removal in the optical blockchain-based carbon removal market and will make monthly purchases to offset greenhouse gas emissions.
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Satoshi Sabzia Token What is GST currency?
Green Satoshi Token (GST) is a utility token of the STEPN ecosystem that is used as an in-game currency and a substitute for experience points. STEPN is a lifestyle game with social and fun elements. STEPN is the first NFT game that says movement is earning, where players earn GST tokens by walking and running outdoors while wearing NFT sneakers. GST tokens can also be used to level up and craft new sneakers, and players can sell their NFT sneakers on the in-app market or even rent new sneakers. The purpose of this project is to encourage the world’s population to have a healthy and active lifestyle and to familiarize people with the concept of Web3. The STEPN platform was originally designed by Solana (SOL) and uses a dual-crypto mechanism where the Green Satoshi Token (GST) is the in-game currency and the Green Metaverse Token (GMT) is the governing token.
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How to earn GST digital currency?
To join the STEPN community, first download the STEPN mobile app, create an account and create a wallet. Then you put SOL tokens into STEPN internal wallet, go to the in-app market, buy NFT sneakers and wait 24 hours for energy to replenish (energy is the user’s training time) 25% energy is recovered approximately every 6 hours. After gaining energy, you can earn gst digital currency by walking or running in the game environment. Investors can also earn GST by renting out their NFTs to platform users or new players.
GST tokens can be donated to buy carbon credits on the blockchain to fight climate change and help protect the environment. You can find out about the price of digital currencies with the help of Persian Elite and use the digital currency signals that exist in the best digital currency group for your transactions in the world of digital currency.
What are the advantages of gst digital currency and STEPN project?
As you read at the beginning of this article from Parshitan Elite, the STEPN project is a lifestyle program that will help improve people’s quality of life. Among the advantages of this game and gst digital currency, the following can be mentioned:
- GST digital currency, which is given to users in exchange for activity, motivates users to exercise every day, keep themselves in good shape, improve physical health.
- The GameFi functionality built into the app allows for crafting sneakers, leveling sneakers, custom NFTs, mystery boxes.
- The STEPN ecosystem includes tools such as Wallet, Swap, Marketplace.
- To use the application and buy NFT sneakers, users do not need a knowledge base of blockchain technology.
- The mobile application is equipped with an intuitive and simple interface.
- There is free NFT sneaker rental on this platform. Players can buy their own pair of shoes by collecting the required number of tokens.
What makes the Green Satoshi token unique?
The STEPN team plans to advance their product by incorporating social and public elements, giving fans of a healthy lifestyle the opportunity to earn digital currency from their passion for running.
STEPN is based on the Move-to-Earn concept. In 2021, the project participated in the Solana Ignition Hackathon and took first place, becoming the only mobile NFT game to win the hackathon. STEPN caught the attention of the judges and received approval for its unique game design, user-friendly interface and built-in tools such as Wallet & Marketplace.
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When should I buy Green Satoshi Token (GST)?
Players buy GST to spend or burn in the STEPN program. GSTs are generated by players through the movement and rental of NFT sneakers and burned through advancements in the social and gamification sectors. GST is different from GMT, and as you read in this article from Persian Elite, GMT is the Green Metaverse Token, which is the government token of STEPN.
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Where can the green Satoshi STEPN token be traded in Solana?
You can trade STEPN Green Satoshi Token in Solana on Coinbase Exchange, Gate.io and MEXC Global. Among the popular gst cryptocurrency trading pairs on Solana in the market include GST-SOL/USD, GST-SOL/CAD, GST-SOL/AUD, GST-SOL/GBP, GST-SOL/INR, and GST-SOL/PHP are.
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STEPN Highlights
The program has three modes: solo mode (the player receives GST for movement, the number of tokens obtained depends on physical activity and the rarity of NFT shoes); Marathon mode (online marathons are weekly and monthly events, registration is required at least 24 hours before the start). Background mode (users earn GST tokens just by owning a pair of sneakers, background mode works even if the app is disabled without reducing the stamina of the sneakers).
NFTs have different quality, features and Gem Socket, upgrade is done by burning GST cryptocurrency, feature points and NFT gems can be added to improve performance.
Users can get a Shoebox by putting two sneakers together. As a result, they get a Shoebox and a random NFT sneaker.
In the internal NFT market, users can trade anything they own: sneakers, shoe boxes, gems, and also rent NFTs if necessary.
Using Swap, mobile app users exchange tokens with other cryptocurrencies and also send their tokens and NFTs to the internal wallet.
How is the gst digital currency network secured?
STEPN, a mobile NFT game by move2earn, as well as its utility token GST, is powered by Solana (SOL).
Solana network security is built on a unique combination of Proof-of-History (PoH) and Proof-of-Stake (PoS) consensus mechanisms. PoH is the main component of the protocol that processes the bulk of network transactions, recording successful operations and the time between them, while PoS is used as a monitoring tool for the execution of PoH processes.
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The future of gst currency
Persian Elite experts predict that the GST digital currency will reach a maximum price of $0.0605 by the end of 2023. We expect the coin to achieve a minimum and average trading price of $0.0411 and $0.0484 respectively.
By 2024, we expect the coin to reach a maximum trading price of $0.0753 with an average price of $0.0602. The lowest price of this coin until then is expected to be $0.0512.
By 2025, Trading Beasts predicts that GST will reach a peak price of $0.084 with an average price of $0.0672.
By 2026, GST is expected to reach a high of $0.0904 with a low of $0.0614. It is also expected that the average trading price of this currency will reach 0.0723 dollars.
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final word
The GST token is a virtual currency that runs on the Web 3 platform. The current developments of Web3 represent great progress for the future of blockchain and blockchain-related applications as they are increasingly used for real-world applications. Today, a number of additional Web 3.0 products are profitable.
It is interesting to know that GST has a futuristic project behind it and is predicted to reach new heights of success in the future. As you read in this article from Persian Elite, the GST digital currency is progressing, so it can be said that investing in this currency can lead to unique profits, however, we suggest that before investing in the GST digital currency, Consult Persian elite experts and experts.
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