Is There a Recurring Aspect to the Revenue?

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Steppin is an app that lets users earn tokens to play games. Players can also buy and sell the tokens for extra cash or social value. Steppin's token system has two types: a g s t and a g m t, which have different uses in each game. The company says it will be able to dynamically adjust the price of its tokens based on player behavior.

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.