Move to Earn is becoming a "new" phenomenon that many investors have focused on recently. Following the success of previous projects like Stepn, you cannot ignore a metaverse project that develops according to the Move to Earn trend called Step App (FITFI).
Table of contents
- What is Step App (FITFI)?
- What is FITFI Token?
- Team, investors and partners
1. What is Step App (FITFI)?
Step App is a Move to Earn game project incorporating metaverse. The project revolves around sports activities such as walking and jogging that help players earn main tokens that can be converted into real money. For sports, shoes are an important item, so before joining the game, you need to buy and own SNEAK NFT.
Step App has 3 main products:
- Fitness metaverse: Combines NFT and digital avatars with workouts.
- NFT market: Where users trade SNEAK.
- Limited Drops: SNEAK limited edition.
Key Features of Step App (FITFI)
Step App owns 3 main features which are:
- Augmented Reality: Users participating in the metaverse need to complete fitness tasks.
- Gamification: Matches between players that promote social experiences on a local, regional, or global level.
- Earn: After each mission, if you win, you will be rewarded with attractive rewards to increase income. Especially brings special benefits to the body.
Economics in Step App (FITFI)
Game income
- Microtransactions: Non-Sneak purchases such as maps, character skins, Sneak skins, skins, etc. Players can transact with a credit card or cryptocurrency from the store.
- Play bets: Players can play against friends or against others. These competitive races mandate staking in FITFI governance tokens. A 2.5% fee applies to the winning player.
- Tournament Game: Players will compete against each other on global and regional leaderboards. The winner of the tournament will have the right to unlock unique skins and rank high on the leaderboard. Participation in the tournament requires a ticket. The proceeds from this ticket sale are the total value of the prize.
Income from NFT
- NFT Marketplace: A 2.5% fee applies to all NFT transactions on the NFT Marketplace within the app.
- NFT Sales: Limited Edition Sneaks are released once a month.
2. What is FITFI Token?
Technical information
- Name token: StepApp.
- Ticker: FITFI.
- Blockchain: AVAX..
- Contract: 0x714f020c54cc9d104b6f4f6998c63ce2a31d1888.
- Token type: Utility, Governance.
- Total Supply: 5,000,000,000 FITFI.
- Circulating Supply: 169,300,000 FITFI.
FITFI Allocation
- Mining, Move to Earn: 30%.
- Staking, Liquidity, MM, & Incentives: 20%.
- Team: 15%.
- Marketing, Acquisitions, & Licenses: 15%.
- Public Sale: 14%.
- Partners, Advisors, & Consultants: 6%.
FITFI Release Schedule
Token Use Case
- Administration.
- Stake to get rewards.
- Encourage liquidity.
How to earn and own FITFI
You can own FITFI by buying on OKX, Huobi Global, Gate.io, Crypto.com Exchange, MEXC Global, Bybit, Bitget and Bitrue exchanges.
FITFI Storage Wallet
The FITFI Hosted Wallet consists of a hardware wallet and an exchange wallet that is listing it.
Exchanges
Currently, FITFI-listed exchanges include OKX, Huobi Global, Gate.io, Crypto.com Exchange, MEXC Global, Bybit, Bitget and Bitrue.
Roadmaps
Quarter 4 of 2021
- Setting up Project Ideas
1st quarter of 2022
- Product specifications.
- Set up UI & create UX.
- Second quarter of 2022
- Launch Genesis NFTs Beta.
3rd quarter of 2022
- Launch Mainnet.
- Launch NFT Market.
- Quarter 4 of 2022
- Brand and IP partner store integration.
3. Team, investors and partners
Development team
Kirill Volgin (CEO) – Former CFO at zerion.io, launched several projects in the crypto space such as Tokenary wallet. Before that time, he founded and ran a software development and venture studio company.
Dmitry Gordeychuk (CTO) – Head of Blockchain at symbiosis.finance. He has 5 years of blockchain development experience, and is a pioneer of DeFi.
Robert Vukosa (Head of Business Development) – He has over 10 years of experience in the traditional finance sector, with extensive experience in policy design, customer service oversight and technology solutions implementation. . Robert is a responsible leader with analytical thinking, strategic insight, and a commitment to productivity and compliance.
Adviser
Dharpan Randhawa – A 20 year veteran of the sports industry. Currently runs Talisman and a team of senior commercial leaders from Manchester City & Los Angeles Lakers, with offices in Dubai, Singapore and Shanghai.
Dovey Wan – Dovey has been nominated by Coindesk as one of the Most Influential Players. Besides, she was also introduced by BlockExplorer as one of the most powerful women in the Blockchain world.
Hatu Sheikh – Hatu is one of the most prominent names in the blockchain space, co-founder of DAO Maker – the growing #1 launcher. Over the years, Hatu has advised changemakers in the DeFi and GameFi industries, driving innovation in new and rapidly growing asset classes.
Jens Willemen – Co-founder of Kairon Labs – a crypto market maker and consulting firm. Experienced in working with over 200 different token projects related to the metaverse. As a partner of companies like Everdome, Animoca Brands, COTI, Dopex, Seedify, DeFI Pulse Index, etc.
Melanie Mohr – Founder and CEO of the first blockchain project – WOM/YEAY. At YEAY, Melanie has also worked with brands such as Nike, Converse, Vans, Asics….
Tim Innvutt – Co-Founder of BTC Inc (Bitcoin Magazine, bitcoin 2022), Co-Founder at Zerion and Advisor at Qtum.
Oliver Bell – Oliver Bell is the Founder and CEO of XCAD Network, the world's largest celebrity and creator fan coding platform. Oliver also established the largest DEX on Zilliqa. He is also a consultant at Blockasset & Opulous.