#002: Stepn
March 22nd, 2022
Investing $500k into Stepn

STEPN IS A WEB 3 LIFESTYLE APPWITH SOCIAL-FI AND GAME-FI ELEMENTS. PLAYERS CAN MAKE HANDSOME EARNINGS BYWALKING, JOGGING, OR RUNNING OUTDOORS

What can go right?

  • Strava powered by web3 (for reference: Strava is currently worth >$1bn)

  • Signaling-as-a-service. Stepn adds many layers of signaling; partially powered through the Blockchain. Paired with fitness signaling this can be a huge catalyst

  • Stepn is well gamified and “tricks” people into a healthy habit. Additional monetary incentive alters the dopamine curve just enough to bring millions into healthier lifestyles and to the Web 3.0 world

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