StepN Launches $30M Airdrop: Earn FSL Points for GMT Tokens

cryptodailyPublished on 2024-04-09Last updated on 2024-04-10

StepN, the popular move-to-earn lifestyle app built on the Solana blockchain, has initiated a massive airdrop campaign worth approximately $30 million in FSL points for its users. These points, redeemable at a 1:1 ratio for StepN’s GMT token, aim to reward and express gratitude to the app’s loyal community members. 

Shiti Manghani, CEO of StepN, announced the campaign, stating that it’s a token of appreciation for their dedicated users.

 100 Million GMT Airdrop COMPLETED 

Dear Genesis holders, your FSL Points airdrop has been sent! ✨

This second airdrop marks the end of our #STEPNTrailblazer event, and we want to reflect on this traditional yearly airdrop, the third one since 2022.

 Badge Airdrop
The… pic.twitter.com/9jmd1Gyh9n

— STEPN | Public Beta Phase VI (@Stepnofficial) April 10, 2024

To participate, users need to sign up for an FSL ID, provided by the developer managing the StepN ecosystem. The FSL points can be utilized within the app’s ecosystem for various purposes, including participation in upcoming NFT mints and obtaining exclusive prizes. 

The distribution of points is based on users’ in-app achievements, rewarding those who actively engage with StepN’s features.

The airdrop campaign is set to continue until the end of April. Through this initiative, StepN aims to foster a vibrant ecosystem where users can only stay active and benefit from the rewards offered by the platform.

Also read: STEPN Partners With DJ Steve Aoki To Launch Sneakers NFTs

Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

Read on The Crypto Times Investment Disclaimer

Trending Cryptos

Related Reads

AMD acquires Taalas: hardware AI manages without scarce HBM memory

AMD has agreed to acquire Toronto-based startup Taalas, which tackles a key bottleneck in AI inference: the constant need to transfer model weights from memory to the processor for each generated token. Taalas's chips eliminate this operation by permanently embedding the model weights into the transistors themselves. This data transfer is what currently limits inference speed and has made high-bandwidth memory (HBM) a scarce commodity. Taalas's first test chip, fabricated on TSMC's 6nm process, reportedly generated tokens for Meta's Llama 3.1 8B model at speeds 48 times faster than comparable Nvidia GPUs. Its architecture features a mask ROM section for fixed weights and SRAM for adaptable components. However, this design comes with a significant trade-off: each chip is permanently dedicated to a single model. Switching models requires a partial redesign and fabrication, a process taking about two months. While the acquisition is seen as part of AMD's rivalry with Nvidia in inference, its broader implication lies in challenging the assumption of a permanent HBM memory shortage. The AI memory market is currently booming, with HBM supply sold out through 2026. Yet, Taalas's technology demonstrates that the memory bottleneck is an engineering challenge, not an absolute physical constraint. This aligns with industry-wide efforts from companies like Nvidia (through model compression) and memory makers like Samsung and SK hynix (developing new packaging and storage technologies) to reduce dependency on scarce HBM. AMD's move suggests that the current high prices for memory, driven by AI demand, may not be sustainable. It highlights a growing engineering push against the premise of perpetual memory scarcity, reminding investors that memory has historically been a cyclical business.

cryptonews.ru2h ago

AMD acquires Taalas: hardware AI manages without scarce HBM memory

cryptonews.ru2h ago

Vance says US-Iran conflict remains in 'midgame', US military 'seeks exit', Iran sets 'six conditions for reopening the strait'

U.S. Vice President Vance described the U.S.-Iran conflict as being in the "mid-game," stating the U.S. is utilizing diplomatic, economic, and military tools, with a focus on increasing oil and gas shipments through the Strait of Hormuz. Meanwhile, U.S. Chairman of the Joint Chiefs of Staff Gen. Dan Caine is reportedly seeking an "exit" privately, expressing concerns that airstrikes alone are insufficient to achieve objectives and that further escalation carries significant risks. He highlighted critical ammunition shortages for key missile defense systems. In response, Iran’s Supreme National Security Council Secretary, Zolgadr, presented six conditions for reopening the Strait of Hormuz: a U.S. pledge never to threaten Iran, an end to aggression against Iran and its allies, withdrawal of forces from the region, war reparations, lifting of all sanctions, and the unconditional unfreezing of Iranian assets. These demands, seen as a high bar set by hardliners, contrast with more pragmatic requests made in backchannel talks, which focus on lifting the blockade, restoring oil sanctions waivers, and accessing frozen funds. While Iran and Oman are close to a technical agreement on a temporary shipping lane, Iran clarified this does not equate to a full reopening of the strait, which remains contingent on U.S. meeting its conditions. Attacks on commercial vessels in the area continue, with recent incidents attributed to Iran. Despite pauses in military action and expressions of openness to talks from both sides, negotiations are currently stalled over Iran's economic demands and U.S. insistence on freedom of navigation.

marsbit3h ago

Vance says US-Iran conflict remains in 'midgame', US military 'seeks exit', Iran sets 'six conditions for reopening the strait'

marsbit3h ago

Trading

Spot

Hot Articles

How to Buy GMT

Welcome to HTX.com! We've made purchasing Green Metaverse Token (GMT) simple and convenient. Follow our step-by-step guide to embark on your crypto journey.Step 1: Create Your HTX AccountUse your email or phone number to sign up for a free account on HTX. Experience a hassle-free registration journey and unlock all features.Get My AccountStep 2: Go to Buy Crypto and Choose Your Payment MethodCredit/Debit Card: Use your Visa or Mastercard to buy Green Metaverse Token (GMT) instantly.Balance: Use funds from your HTX account balance to trade seamlessly.Third Parties: We've added popular payment methods such as Google Pay and Apple Pay to enhance convenience.P2P: Trade directly with other users on HTX.Over-the-Counter (OTC): We offer tailor-made services and competitive exchange rates for traders.Step 3: Store Your Green Metaverse Token (GMT)After purchasing your Green Metaverse Token (GMT), store it in your HTX account. Alternatively, you can send it elsewhere via blockchain transfer or use it to trade other cryptocurrencies.Step 4: Trade Green Metaverse Token (GMT)Easily trade Green Metaverse Token (GMT) on HTX's spot market. Simply access your account, select your trading pair, execute your trades, and monitor in real-time. We offer a user-friendly experience for both beginners and seasoned traders.

1.6k Total ViewsPublished 2024.03.29Updated 2026.06.02

How to Buy GMT

Discussions

Welcome to the HTX Community. Here, you can stay informed about the latest platform developments and gain access to professional market insights. Users' opinions on the price of GMT (GMT) are presented below.

活动图片