STEPN Archives - Cryptolifedigital

Solana Invests $100M in South Korean web3 Startups, Focus on Gaming

8Jun

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Cryptocurrency

Solana Invests $100M in South Korean web3 Startups, Focus on Gaming

Blockchain operator Solana will seed investments and grants across “all web3 verticals,” emphasizing South Korea’s crypto games development sector. The late collapse of the Terra network has triggered south Korean authorities to introduce measures to investigate crypto exchanges. Reports said that around 280,000 South Koreans had been victims of the unexpected plunge in UST and LUNA. Read Also: Cardano IOG Join Force with Colorado Satellite TV ‘DISH’ To Release A Loyalty Coin System On Blockchain Although, users are still holding strong, and investors are not backing down. The crypto decline has not left in dismay, with some clinging to the belief that it is too big to be permitted to fail. $100 million funds to support NFT, gaming, and DeFi projects Solana blockchain’...

What Is a Crypto Airdrop And how to Milk and Get Rich From It

A cryptocurrency airdrop is a process through which new or existing projects send out portions of their tokens to the wallet address of a lot of users who qualify to receive them. Some projects require users to do some particular task before they qualify for an airdrop. Other projects conduct a holder airdrop, a process in which crypto tokens are sent to existing holders or users of an application. In most cases, airdrops are usually free. The only task involved in some airdrops is for the user to claim the airdrop on the official crypto project platform manually. In most cases where users have to spend something to get the airdrop, it usually involves the small amount used to cover transaction fees. What is the aim of crypto airdrop? It is a way of integrating the token an...

A Simple A-Z Guide for Starters On STEPN (GMT)?

STEPN is a popular Solana-based Move-to-Earn (M2E) mobile app that rewards users with crypto tokens for engaging in outdoor fitness activities such as walking, jogging, and running. Released in March 2022, Green Metaverse Token (GMT) is the governance token of STEPN that can also be used to make payment in-app buys and distributed to STEPN users as rewards for their activities. That is all to know about STEPN and GMT. In this article, you will get to know all about STEPN. Read Also: What is Terra (LUNA)? Get To Your Skull Everything About Terra. What Is Move-to-Earn? Move-to-Earn (M2E) is a term coined by Jerry Huang and Yawn Rong, co-founders of Find Satoshi Labs. The concept behind M2E is to encourage people to live a healthy lifestyle while at the same time all...