Stepping Up: A Booming Move to Earn Game
On February 28, Shiti Manghani, the chief operating officer of Move to Earn game STEPN, said in an interview with Decrypt at the NFT Paris Conference that Step…
On February 28, Shiti Manghani, the chief operating officer of Move to Earn game STEPN, said in an interview with Decrypt at the NFT Paris Conference that Stepn is booming, not just surviving. The platform is deploying more applications on different chains, such as Solana, BNBChain and Ethereum, and actively developing multi-chain ecology. It will soon launch an incentive system for user loyalty to gain more interaction with users. In addition, it will capture more value for GMT in product design.
STEPN COO: STEPN is deploying more applications to develop multi-chain ecology
Interpretation of the news:
Shiti Manghani, the chief operating officer of Move to Earn game Stepn, recently revealed in an interview with Decrypt at the NFT Paris Conference that the platform is not just surviving but booming. Move to Earn is a concept where users are rewarded with cryptocurrencies for actively participating in games and other applications. Stepn is one such game that operates on blockchain technology and has gained traction in recent times.
The company is deploying more applications on different chains like Solana, BNBChain, and Ethereum and is actively developing a multi-chain ecology. This move will help in increasing the scalability of the platform and offer a better user experience. By integrating with different blockchains, Stepn will become more accessible to users and offer options to choose from based on their preferences.
Stepn will soon be launching an incentive system for user loyalty, to gain more interaction with users further. The platform will reward users for being active on the platform, thus promoting user engagement and retention. This incentive system will be a step towards creating a loyal user base that will drive the success of the platform in the long run.
In addition to these developments, Stepn will also capture more value for GMT in product design. GMT is Stepn’s native currency, and this move towards capturing more value for GMT will help in increasing its overall value. The idea behind this is to create a thriving ecosystem where users can earn and spend GMT, thus creating demand for the currency.
Overall, the future looks bright for Stepn, with its focus on creating a multi-chain ecology, launching incentive systems for user loyalty and capturing more value for its native currency. These moves will help in creating a loyal user base that will be the driving force behind the platform’s growth in the years to come. With Move to Earn games gaining traction in the blockchain space, Stepn’s success could be a sign of things to come.
In conclusion, blockchain technology and Move to Earn games like Stepn are revolutionizing the gaming industry. The benefits of blockchain bring transparency and trust to game transactions, a better user experience, and the potential to monetize gaming activities. The growth of Stepn in recent times is a testament to this, and its future seems bright as it continues to make progress in this niche.
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