What’s Step App ($FITFI)? A possible Transfer-to-earn mission in 2022?

Step App ($FITFI) is making a gamified metaverse for the health financial system. Stroll, jog, and rung to socialize, play, and earn.

The NFT financial system has ushered quite a lot of altcoin sector bull runs. Probably the most distinguished of those has been the dominance of GameFi and metaverse merchandise for a lot of 2021. The best performing belongings of final 12 months match into these sectors.

FitFi is on the cross-section of creating the bodily and the digital; it’s a fruits of a really bodily expertise (health) throughout the metaverse, by using NFTs and geo-location expertise. Augmented actuality for higher immersion is an added function of Step’s FitFi metaverse.

Health Finance is a market financial system during which contributors earn from the worth generated by the $100B health trade. It’s the web3 model of digital health experiences and apps.

Step App is the following joint frontier within the Metaverse and GameFi market, and an embodiment of bodily experiences tied with the metaverse.

Health and even easy physique exercise are a part of many individuals’s lives. A blockchain product that faucets into one thing that could be a every day a part of many folks’s lives on the peak of crypto adoption.

Get Step App to show your health right into a social expertise that pays you. Construct your step depend by strolling, jogging, or working to earn. Compete with pals or strangers, socialize regionally or globally, and expertise the metaverse and your bodily world in a dynamic new manner.

Step App’s merchandise:

Health Metaverse: Combining NFT & Digital Avatar with workouts
NFT Market: Purchase & Promote SNEAK
Restricted Drops: Restricted SNEAK Version

What’s the mission attempting to attain?

This app was created by the core crew of the protocol itself and is designed to attain a number of objectives: (1) be a mainstream FitFi app from the beginning, (2) mass retail for Step Metaverse, and (3) construct a large community for influencers of health and athletes as world model ambassadors for the Step App and the underlying Step Protocal & Metaverse. This early and aggressive transfer to the highest ensures that different builders and groups really feel compelled to see Step as a accomplice in theri success. The ecosystem offers not solely out-of-the-box expertise, but additionally a large person base, health ambassadors, and on-ramps.

Step App is working an early sign-up marketing campaign that enables the chance to get SNEAK (win) free NFTs. That is serving to the app purchase tens of 1000’s of customers earlier than launch. Moreover, Step has onboarded high athletes as world health ambassadors for the app. It is a cryptocurrency motion that celebrities are proud to be part of as a result of optimistic social impression in creates by encouraging health. Step additionally has nice consultants, together with one which has closed practically half a billion {dollars} in licensing offers. We’re utilizing our community to accumulate mental property and model rights from internation manufacturers to make the app enticing to world fan bases of excellent mental property.

What’s the distinctive promoting level?

Based on the whitepaper, under are the metrics

Purchase-backs: 50% of play earnings is used to purchase FitFi tokens in the marketplace.
Burns: Governance can vote to burn as much as 50% of bought-back FitFi tokens
Staking Rewards: as much as 50% of market-bought tokens are distributed to FitFi stakers
Locks: Staked FitFi tokens require aa 10-day cooldown for exiting, and bypassing this cooldown carries a 12% price on the principal stake
Liquidity Incentives: LP tokens get a 50% greater weight in staking rewards

Moreover, the Step App mission adopted the aim of the DAO (Decentralized Autonomous Group) protocol to maintain the mission as open-source as doable as they don’t settle for any enterprise capital investments.

At the moment, FitFi token is buying and selling on totally different cryptocurrency exchanges together with Bybit, OKX, Bitget, and so on.

In-game Financial system

Mission’s Income from:

Promoting the SNEAK for Customers
Promoting the SNEAK pores and skin
Charge transactions in Market

Roadmap

This fall, 2021

Group Setup
Mission Ideadtion

Q1, 2022

Product Specs
Roadmap
Institution UI & UX Creation

Q2, 2022

Launch of Genesis NFTs
Beta Launch

Q3, 2022

Mainnet Launch
Launching NFT Market

This fall, 2022

IP and Model partnerships Retailer Integrations.

What’s Step App ($FITFI)? A possible Transfer-to-earn mission in 2022?

Token Metrics

Token Identify: Step App
Ticker: FITFI
Contract: 0x714f020c54cc9d104b6f4f6998c63ce2a31d1888
Decimal: 18
Blockchain: Avalanche C-Chain
Token Customary: Updating…
Token Sort: Utility, Governance
Whole Provide: 5,000,000,000 FITFI
Circulating Provide: 250,000,000 FITFI

Token Allocation

Public Sale: 14% – 700,000,000 FITFI
Staking, Liquidity, MM, & Incentives: 25% – 1,000,000,000 FITFI
Group: 15% – 750,000,000 FITFI
Mining, Transfer to Earn: 30% – 1,500,000,000 FITFI
Advertising and marketing, Acquisitions & Licenses: 15% – 750,000,000 FITFI
Companions, Advisors, & Consultants: 6% – 300,000,000 FITFI

Token Launch Schedule

Token Use Case

FITFI token use instances:

Administration
Guess to get a part of the ecosystem share
Guess to get a value discount when buying NFT within the NFT trade
Stake to earn portion of ecosystem charges
Stake features a cooldown, breaking which causes a penalty
Tiered stakers purchase reductions on NFT market

KCAL token use instances:

Casting and upkeep SNEAK NFT
SNEAK NFT staking in-game rewards
Minting: SNEAKs can solely be minted with KCAL tokens
Win: Operating whereas betting on SNEAK NFTs earns KCAL
Staking: All of the SNEAKs have to be staking to earn KCAL. The earned KCAL is issued in 10-day seasons. Unlocking earlier than the KCAL is claimed burns the pending KCAL
Burned within the creation and maintence of the SNEAKs