The M2E model of STEPN has swept the world, with a hundredfold increase that has caused countless people to miss their chance at wealth freedom. Nowadays, the running for money model has become hotter and more prevalent in the cryptocurrency circle than anyone could have imagined. The crazy influx of capital has also triggered various X to Earn orgies. FTIFI pulling the pan is the best marketing ever seen such a strong NO.2
After the continuation of stepn, another dark horse of chain tour 2.0 came out of the circle this year-step.app
Players from all walks of life have joined this unparalleled feast and are rushing to grab this fat and golden piece of land.
After STEPN's run-as-you-go frenzy, a similar model of GameFi began to emerge, with a game called Step App hitting exchanges like Firecoin, OKX and Bybit yesterday to govern the token FITFI, which at one point was up 120 times and had cumulative trading volume of over US$230 million. As you can see the chain game has been particularly strong lately, this article will analyze FITFI!
Step App is the first app on the protocol, built by the core team.
The NFT economy has ushered a variety of altcoin sector bull runs. The most prominent of these have been the dominance of GameFi and metaverse products for much of 2021. The greatest performing assets of last year fit into these sectors.
GameFi is a similar culmination. Gaming is a $200B market where people consume and create for the benefit of a few. Web3 enabled everyone to earn a piece of that market they take part in. This became a reality with the surge of GameFi and play2earn.
FitFi and move2earn are defining points in bringing the massive fitness market to the people in a frame where they earn from it.
It's worth mentioning here that FITFI's team Hatu,DaoMaker founder DaoMaker is a tier one launchpad with a very large number of 100x projects. And the team is very strong, the founder is the CFO of ZERION, a very good on-chain wallet tracking app belonging to the web3 native team.
CTO Dmitry Gordeychuk was head of the Symbiosis.finance blockchain and has 5 years of experience in blockchain development. In addition, the well-known Kol Dovey Wan is one of the advisors of the project.
The Step App token economy includes pledges, locks, liquidity incentives, buybacks and destruction, which are driven by the demand generated by the economic value of gaming benefits and games.
The project does not accept institutional investment (early shoe runners are undoubtedly the biggest beneficiaries) but is opened directly by IDO with a subsequent DAO format. The chips are spread and originally the project track was positioned at the core players. As you can see from the official objectives, Step is developing STEPN as a target, with the following plan to make it to STEPN 1% with a return of up to 47x and beyond STEPN with a return of up to 4710x, no one can resist this temptation.
One final and very important point is that step.app is the third subnet project of Avalanche. The subnet provides access to the Avalanche chain ecosystem and user base, and is also compatible with EVM, meaning that it can be accessed directly using a mainstream wallet such as normal Metamask. Avalanche's first subnet project is the Avalanche Crab Crabada , which is considered Avalanche's number one chain tour. The highest market cap is over $200 million.
Avalanche's second subnet project is Defi Kingdom , with a market cap of upwards of $1.7 billion.
We can see a comparison of the figures for the two projects, with room for a further 10 times the market capitalisation in circulation.
In summary
Step App creates a gamified meta-universe for the fitness economy. Walk, jog and run to socialise, play and earn money. Backed by DaoMaker Incubation and carried out by IDO.
1:The project does not accept institutional investment (early running shoes institutions are undoubtedly the biggest beneficiaries) but is opened directly by IDO and followed by a DAO format. The chips are spread and originally the project track was positioned at the core players.
2️:The initial market cap in the model is only 340,000. The rest of the team, advisors, partners its all locked up for 1 year.
Token expectation: If the product normal time you can complete the launch, FITFI has at least 5 times more upside!
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