Is Retention for Fitness Apt for Life Style?

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For fitness, i feel like there is an inherent retention element to it. And there's also an element of, i'm going to walk around every day anyway. Might as well get paid to do it, regardless of how much. I think the most advocates for stepping user are the people that never did exercise before. They can see how drastically they change on their physical shapes and energy levels. So these are the people who see the most transformation from a non-exercise standpoint.

How are some users getting paid to walk?

StepN is a Walk-to-Earn mobile app and in less than 6 months, they managed to amass 1.7 million monthly active users and up to 400k users are using it on a daily basis.

This episode, Co-Founder Yawn Rong shares with us:

How is StepN actually paying users and is it sustainable?
Comparison of StepN over competitors and their moat
StepN’s vision for the future

Host: Jason Choi @mrjasonchoi . Not financial advice.

------------ Timestamps -------------

(00:00:00) – Introduction

(00:02:32) – Introduction to StepN

(00:05:49) – Designing Users’ Cost Of Participation

(00:07:12) – Revenue Mechanism

(00:11:13) – Demand and Design Of StepN’s Tokens

(00:14:12) – Social Aspect Beyond Walk-to-Earn

(00:19:29) – Partnerships With Brands

(00:24:30) – Comparison To Other Platforms

(00:28:50) – Strategy For Massive Player Adoption

(00:33:36) – StepN’s Moat Over Competitors

(00:40:30) – Anti-Hacking/Cheating Mechanisms

(00:43:41) – More On StepN’s 2 Tokens - GST & GMT

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----------- More Resources ---------

Guest

StepN’s Website: https://stepn.com/

StepN’s Twitter: https://twitter.com/Stepnofficial

Yawn Rong's Twitter: https://twitter.com/yawn_rong

Blockcrunch

Blockcrunch VIP: https://blockcrunch.substack.com/

Blockcrunch Twitter: https://twitter.com/theBlockcrunch

Jason Choi’s Twitter: https://twitter.com/mrjasonchoi

------------ Disclosures -------------

Disclaimer: The Blockcrunch Podcast is an educational podcast and newsletter for informational purposes only. The host invest in cryptoassets actively and may hold assets discussed in the newsletter or podcast. All content contained within this podcast is intended for educational purposes only and should not be construed as any form of financial advice. The Blockcrunch Podcast, its associates and affiliates are not liable for any decisions third parties choose to make.