In the era of growing health awareness, the role of technology in promoting wellness has gained paramount importance. In line with this trend, Step App introduces the FITFI token — an innovative stride in fitness. Unlike traditional fitness apps, Step App integrates blockchain technology to incentivize users' fitness efforts, redefining wellness through a unique reward system.
What is Step App?
Step App is an innovative fitness mobile application with blockchain technology to motivate users' physical activity. Through actions like walking or running, users earn FITFI tokens as rewards, offering a fresh approach to exercise incentives. These tokens hold utility within the app or can be traded on various cryptocurrency exchanges. To embark on the app's journey, users initiate by acquiring a SNEAK or HEADSET non-fungible token (NFT) through the in-app NFT marketplace.
The Step App team
The Step App team comprises experts from various fields, including fitness, technology, and blockchain. United by a common goal, they are dedicated to championing a health-conscious lifestyle and democratizing fitness resources through blockchain technology. By acknowledging and incentivizing users' commitment to physical activity, the team aspires to foster a vibrant community centered on well-being, inspiring individuals to embrace healthier living.
How does Step App work?
Step App utilizes smartphone sensors or connected fitness devices to monitor and log users' physical activities. At the heart of the platform is its native metaverse, the Step Verse, which serves as a bridge between the digital and physical realms. Users can engage in exercises, compete with others, and earn rewards through the Step App. The app translates these activities into a standardized unit that can be converted into FITFI tokens. Users earn FITFI tokens by participating in various physical activities, including walking or running. Users and their metaverse avatars can also complete fitness quests and engage in player-versus-player challenges to earn FITFI tokens.
These tokens hold various functions within the app. They can be used to access premium fitness content and take part in challenges, or they can be traded on cryptocurrency exchanges for other digital assets or traditional currencies. The Step App offers diverse game modes for users to compete in. One such mode is Staked Play, where users can compete against fellow players. Participation in Staked Play requires staking FITFI tokens, and the rewards increase with higher placements. The app also hosts global-scale Tournament Gaming events, where users acquire participation tickets, and the collected funds contribute to a prize pool. As with Staked Play, higher rankings on the leaderboard result in greater rewards.
FITFI: The native token of Step App
FITFI stands as the intrinsic token of the Step App ecosystem. Users who engage in physical activities earn FITFI tokens, which serve as digital rewards. Within the Step App platform, FITFI tokens unlock access to premium fitness content, participation in challenges, and exploring exclusive features. Additionally, users can trade FITFI tokens on external cryptocurrency exchanges.
FITFI tokenomics
There is a maximum supply of five billion FITFI tokens. Operating as a utility token, FITFI motivates users to adopt and maintain healthy habits, driving them toward their fitness objectives. Through fitness challenges and activities, users accumulate FITFI tokens, stimulating personal achievement and communal involvement. This engagement fosters user interaction, spurring competition and the celebration of fitness accomplishments.
FITFI use cases
FITFI tokens serve several practical purposes within the Step App ecosystem. Firstly, users can earn these tokens to stay active, encouraging healthier living. Secondly, FITFI tokens unlock exclusive fitness content. Lastly, these tokens allow users to join fitness challenges, promoting competition and motivation as they work towards their goals and engage with a community of fitness enthusiasts.
FITFI distribution
FITFI tokens were initially distributed in the following manner:
- Fourteen percent went to the public sale.
- Twenty-five percent was allocated for staking and liquidity mining.
- Fifteen percent was assigned to the team.
- Twenty-five percent was reserved for the move-to-earn program.
- Fifteen percent was dedicated to marketing.
- Six percent was allocated to partners and advisors.
The road ahead of Step App
Step App's path forward holds a host of thrilling opportunities. The team is fervently working on a revolutionary Step App metaverse, a concept that holds promise within the fitness realm. Moreover, the team is proactively forging partnerships with fellow fitness and gaming enterprises, aiming to extend the impact and utility of the FITFI token. With its bold vision and inventive strategies, Step App is a prominent contributor to the Web3 fitness metaverse.
