Looking at the evolution of chain games from STEPN

Thousands of troops and horses come to meet each other with a big Yang line, and leeks with a few big Yang lines chase high and do not listen to persuasion.

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However, simply understanding STEPN as a chain game, calculating the investment and payback period is obviously the conventional thinking logic in the GameFi 1.0 period. Simple calculation of input, output, and payback period is not the consistent style of our Giant Whale Research Institute.

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1. Is STEPN GameFi 2.0?

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The main mechanism is simply to use SOL to buy shoes or shoe boxes. If you have less money, you can buy a pair of 5-level 2mint shoes. If you have more money, you can try to buy 2 pairs of 0-level 0mint shoes, and then have children to play.

You can get GST by wearing shoes and running. If the shoes are durable and run out, you need to repair them and consume GST. If you have attributes, you need to upgrade them and consume GST. The more you grow, the more you need to consume, so although GST is issued in unlimited quantities, the various consumption methods in the game ensure that the price of GST is relatively stable and will not fluctuate greatly.

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At present, the gameplay of GMT has not been fully disclosed, and this GMT skyrocketing has not much to do with the game. It can be considered that everyone is unanimously optimistic that STEPN will be the leading product of future chain games or web3.0, or it may be based on Binance Led by the Capital Savings Bureau. So another group of people are free because of GMT.

The mechanism of STEPN is not different from the core mechanism of last year’s GameFi 1.0 chain game, which is based on the concept of “play to earn”.

But this time STEPN has expanded the concept of play, not just playing games, forming a new pattern of "X to earn", and has brought a lot of new ideas with the themes of move, learn, farming, stake, create and other concepts. A boom.

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2. Is that the legendary SocialFi?

Can STEPN become popular just by making money from running?

Of course not, because it incorporates the SocialFi that the current encryption industry has been exploring.

Think back, is it true that many people in your circle are already discussing STEPN, and many crypto practitioners have begun to post sports every day, and even post rare running shoes? There are also bosses who claim to set up a sports school, use a meat machine to count their steps, and try to dominate the virtual shoe market.

More and more crypto practitioners have started to change their legs from walking shoes to jogging shoes and then to running shoes. pressure. Coupled with the capital's strategy, this wave of GMT issuance is full of FOMO emotions, attracting the attention of the entire encryption industry, and absorbing a large number of newly added leeks after breaking the circle.

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3. Won't it involve Web 3.0 again?

STEPN makes all shoes as NFTs, which can be circulated in the secondary market. Shoes numbered less than 10,000 before creation have become a status symbol, which is very rare.

At the same time, the shoes in STEPN are divided into four categories: the basic income of walking shoes is 4GST at 1-6km/h, the basic income of jogging shoes is 5GST at 4-10km/h, and the basic income of running shoes at 8-20km/h is 6GST. The basic income of shoes fluctuates with the speed within the range of 1-20km/h.

As a result, some strange changes have taken place in the encryption industry. Encryption enthusiasts who have been sitting in front of computers for a long time have transformed into carbon reduction experts who love outdoor sports through STEPN.

Many crypto enthusiasts choose the most demanding running shoes in order to make money efficiently, and then they seldom exercise their physical fitness, and finally break their legs. You don't know if you are the running shoes or if the running shoes are you.

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4. Is my attention drawn?

Today's competition among APPs has already entered a fierce stage of competing for users' attention. In the setting of move to earn, STEPN restores 25% of the stamina gauge every 6 hours, and updates the shoes at 9:00 Beijing time every day to obtain the upper limit of GST.

This means that you need to take at least 10-30 minutes to exercise every day. Whether it is walking or running, you must persist every day. If you don’t persist, you will lose a lot of income. addicted.

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5. How big is the structure of the project party?

At present, the technical strength, product quality, and publicity and marketing of the STEPN project party are all superior. In the first quarter, the project party will use all the revenue obtained in the game to repurchase and destroy GMT.

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6. Now rush, how high is the risk?

At the current price, the basic shoes are as high as nearly 1000U, which is already a relatively high threshold. The basic payback time for a pair of gray shoes is about 35 days. If the purpose is to make money, then the giant whale's suggestion is not to chase the high, it is best to invest in some other potential chain game stocks while the market is hot.

If you want to follow the trend or experience high-quality products, you can buy a pair of shoes to try, and keep an eye on the price of the shoes, and sell the shoes immediately to save money if there is something wrong. In the future, STEPN will also cross-chain to BSC, and more players will join in at that time. For more STEPN-related strategies, you can join the giant whale community to consult with friends~

7. Where is the next turn?

According to the rotation of the sector, starting from April 1st should be the stage when the attributes of chain games are hot. At the same time, NFT in chain games will also appropriately promote the market development of traditional art NFT. How long the popularity lasts depends on whether there are still heavyweight chain games breaking the circle, maybe half a month, maybe 3 months, and after the popularity of chain games passes, it should be the time for SocialFi to officially debut.

ps This article does not constitute any investment advice, it is only for information sharing, investment is risky, friends should be cautious when investing