STEPN Celebrates One-Year Anniversary, New User Growth and Other Milestones

STEPN, a Web3 lifestyle app that leverages tokenized incentives based on blockchain networks to encourage people to be active outdoors, today celebrates its first anniversary amongst community members.

Over the past year, the Company raised $5 million from investors, expanded to over 4.72 million users worldwide in over 200 countries and entered into numerous partnerships. 

Yawn Rong, Co-Founder of STEPN, commented on the news, “STEPN has experienced impressive growth since our launch in 2021. By integrating new blockchains onto the platform, dropping new NFT collections, and adding new industry-leading features, we are continuing to revolutionize the move and earn space. Our team is dedicated to delivering the best features in a transparent manner, while also keeping our platform secure. We are in constant communication with our community and are excited to continue working with them to grow STEPN and bring crypto to an expanding audience.”

Over the past year, STEPN has released several exciting features and enhancements to the platform that delivered more value to the user base.

Highlights from the past year include: 

• April 2022 - STEPN unveils its carbon neutrality plans and began monthly commitment to pay for carbon removal.

• June 2022 - STEPN launches its decentralized exchange, DOOAR, which became the top Solana DEX in daily active users immediately after its launch. 

• June 2022 - STEPN launched SMAC anti-cheating system to detect users manipulating the STEPN mechanics to their advantage

• August 2022 - STEPN partnered with Atletico Madrid and WhaleFin to launch NFT sneaker collection

• September 2022 - Launched collaboration with Giving Block, allowing people to donate $GMT. All GMT donations will be matched by the Giving Block Index Impact Fund.

Jerry Huang, STEPN Co-Founder, concluded, “Crypto’s presence on the global stage has expanded exponentially since its inception, and new use cases for the asset class are continuing to present themselves. STEPN is continuing to bridge the world between web2 and web3 and by bringing crypto and NFTs to a wider audience we are able to do just that."

He added, "STEPN is dedicated to driving innovation in the web3 space, and we are poised to improve upon our existing offerings while also deploying new features in the coming months.”