What’s Next for Move-to-Earn Pioneer Stepn?

What’s Next for Move-to-Earn Pioneer Stepn?

ByNaavik

“Move-to-earn” pioneer Stepn exploded in popularity in the first half of 2022, peaking at 3 million MAU and 800,000 DAU while generating $123 million in Q2 2022 profit alone. The mobile app, which rewards users who “wear” the company’s NFT sneakers, was a major driver in onboarding users into web3, but growth has stalled during the current crypto winter. In this episode, host Niko Vuori talks to Stepn COO Shiti Manghani about what’s next for the company, their ambitions to build an entire ecosystem around $GMT, the native Stepn cryptocurrency, and why Stepn views itself as a game rather than a fitness or lifestyle app.

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Games For Good

ByNaavik

Games are a force for fun, but what if they could be a force for good, too? We sit down with Laura Carter, the founder of Longleaf Valley developer TreesPlease Games, and Jenny Xu, founder of Run Legends developer Talofa Games, to discuss launching and fundraising for studios with corporate social responsibility missions. Are green games sustainable, and which business models work when you have a “third” actor sharing the bottom line? STEPN created a craze for running games, but how does the fitness gaming industry move forward with a “lighter web3 touch” or move away from it entirely? What learnings have both founders had in their early soft launches and alphas, and how did they tackle early user acquisition on mobile? We also discuss a variety of social initiatives that AAA and mainstream gaming could do to make the world a better place

STEPN: Move-To-Earn or Ponzinomics

STEPN: Move-To-Earn or Ponzinomics

ByNaavik

In this Metacast episode, Matt Dion, Abhimanyu Kumar and Nicolas Vereecke, join your host Maria Gillies to discuss the recent Ubisoft Buyout Interest and if there are any parallels between this ongoing situation and Activision Blizzard’s acquisition. The team also discusses Meta’s struggles to recover market value following its metaverse pivot. Finally, the group discusses Playable World’s recent raise, as well STEPN’s new move-to-earn payment structure.