What is GMT in crypto?

GMT, a token built on the Solana blockchain, serves as the governing force behind STEPN, an innovative lifestyle application. This app revolutionizes the way individuals engage with fitness and rewards them for their physical activity.

The core concept of STEPN revolves around the idea of "move-to-earn," encouraging users to adopt an active lifestyle by earning rewards for their efforts. To participate in this program, users must own NFT sneakers, which serve as their access key to the platform.

By wearing their virtual sneakers and engaging in outdoor activities like walking or running, users accumulate GMT tokens. These tokens represent a tangible reward for their dedication to fitness and active living.

The versatility of GMT extends beyond mere rewards. It serves as a digital currency within the STEPN ecosystem, enabling users to purchase and upgrade various digital items. From enhancing the performance of their NFT sneakers to acquiring exclusive accessories, GMT opens up a world of possibilities.

Furthermore, GMT tokens play a crucial role in the governance of the STEPN platform. Holders can stake their tokens to participate in voting sessions, where they can have a say in shaping the future of the app. This democratic approach ensures that the platform evolves in line with the needs and preferences of its user base.