Legendary Altcoin From a Bygone Era Is Shutting Down: Users Need to Take Action
The Step App project, a blockchain-based fitness and earning platform, has announced its shutdown after four years of operation. All services will cease on August 21, and the team has urged users to unlock their tokens and manage any open positions before that date.
According to the press release, the decision to close was long-considered and difficult. The project reported over 1 million downloads, tracked billions of steps, and formed various Web2 and Web3 partnerships. Step App was a prominent Move-to-Earn model, allowing users to earn digital assets for physical activity. Despite its user base and data, the team decided to terminate the project.
The project's governance token, FITFI, once reached an all-time high of approximately $0.73, representing a 150x increase from its initial IDO price of $0.0049 at its peak. The closure follows recent announcements from South Korean exchanges Upbit and Bithumb, which discontinued support for FITFI trading on July 16. FITFI holders must check and manage their locked tokens and other platform positions before the August 21 deadline.
cryptonews.ru3h ago
