Move-to-Earn App STEPN Unveils Limited GGUSD Sneakers For GG Box Event

The move-to-earn (M2E) NFT mobile game, STEPN, has unveiled a limited collection of phygital sneakers as part of its ongoing GG Box Event.

According to an update from the project, these sneaker NFTs are up for grabs to users who participate in the event by buying and opening GG Mystery Boxes.

The GG Box Event was launched by the Find Satoshi Lab (FSL) ecosystem. FSL, the blockchain behind STEPN, was created by the teams behind the M2E app, the Telegram-based FSL Game Hub, and STEPN’s NFT marketplace MOOAR. The event provides teams with a way to connect deeply with their users and audience.

Inside a GG Box, users will find annual percentage yield (APY) boost coupons of up to 15% for FSL’s new yield-generating stablecoin, Good Game US Dollar (GGUSD). There are also GGUSD cash prizes, keys for future boxes, and mystery rewards. As of August 27, users had claimed over $10,000 in GGUSD rewards, according to FSL Ecosystem.

Some of the most exciting contents of the GG Mystery Box are the GGUSD sneakers, which are either Common or Genesis STEPN sneakers.

STEPN, on its part, is not new to the NFT sphere. In April 2024, the project launched the Genesis Sneakers collection in collaboration with the fashion giant Adidas. The limited edition collection was among the co-branded collectibles released during the one-year partnership between the firms. The collection features 1,000 phygital collectibles, each sold for 10,000 Green Metaverse Tokens (GMT). GMT is STEPN’s governance and higher-level token. 

For the GG Box Event, STEPN has released 80,000 mystery boxes, each costing 1 GGUSD. Participants can also trade the boxes on MOOAR. To participate in the event and potentially win a rare GGUSD sneaker, STEPN users can purchase box keys for 1 GGUSD in the provided website.

Interestingly, FSL has promised extra GG Boxes for participants in an attempt to encourage others to participate. The platform said it will drop an additional GG Box for every GG Box a user has opened since launch. The snapshot for the giveaway is set for August 28, 00:00–12:00 UTC.

Meanwhile, the GG Mystery Boxes are also available on STEPN GO. This is a game that allows users to burn their shoes to earn points, which can be considered a form of energy. They also enable users to share their sneaker NFTs with friends and split the earnings with the Go Game Token (GGT). What other exciting events and packages could STEPN offer to its users? Stay tuned to find out.