STEPN announces Air Drop of GMT to Qualified Chuangshi Shoe Holders

On February 19, STEPN tweeted that it would immediately air drop GMT to qualified Chuangshi shoe holders. As STEPN uses the ecosystem fund to carry out this ai…

STEPN announces Air Drop of GMT to Qualified Chuangshi Shoe Holders

On February 19, STEPN tweeted that it would immediately air drop GMT to qualified Chuangshi shoe holders. As STEPN uses the ecosystem fund to carry out this air drop, all GMTs will be sent to the SOL Spending account of SOL/BNB/ETH users. For non-SOL Realm users, please create a SOL wallet and deposit SOL at this address to pay transaction costs.

STEPN began to airdrop GMT to the holders of Genesis shoes

Interpretation of the news:


On February 19, 2021, STEPN, a popular blockchain-based platform, shared exciting news with its followers on Twitter. The company announced that it would immediately execute an air drop of GMT to all qualified Chuangshi shoe holders. This move was expected to create great value for the shoe holders while also helping the company gain more users.

As per the statement, STEPN would use the ecosystem fund to carry out the air drop. All GMTs air dropped would be sent to the SOL spending account of SOL/BNB/ETH users. This means that the beneficiaries would have to be users of either SOL, BNB, or ETH account types to receive the GMTs.

However, for non-SOL realm users, the message contained a special instruction. Such users were advised to create a SOL wallet and deposit SOL coins at the provided wallet address to pay for the transaction fees. This is necessary since the Chuangshi shoe holder benefits in GMT can only be accessed from the SOL wallets.

Analyzing STEPN’s announcement, there are several key points to draw. Firstly, the decision by STEPN to air drop GMTs to Chuangshi shoeholders is poised to bring significant value to them. Since air drop is a term that refers to the free distribution of tokens, the implication is that Chuangshi shoeholders would receive free GMTs, which represent value.

Secondly, STEPN’s use of its ecosystem fund to carry out this air drop confirms the company’s strategy to promote its product while giving its users value. STEPN has always been known for its innovative approach to blockchain applications, and the air drop of GMT is no different.

The third point is that the announcement indicates a move by STEPN to expand its user base. By offering Chuangshi shoeholders free GMT, it is more likely for people to use the platform when they see the benefits that come with it. Additionally, requiring non-SOL users to create a SOL wallet signifies a tactical plan to get more people to register on its platform.

In summary, the announcement by STEPN of its air drop GMT to Chuangshi shoeholders is a testament to the company’s innovative approach to blockchain applications. It shows the company’s commitment to giving its users value while promoting its product. It is a strategic move that addresses a key part of the platform’s ecosystem while trying to expand its user base.

In conclusion, the 3 keywords to take away from this message are STEPN, GMT, and air drop. They embody the message’s core principles of innovation, user value, and strategic thinking. As such, the message holds significant value to the blockchain ecosystem and provides insights that can help individuals make the right decisions in using blockchain-based products.

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