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Topic: STEPN (Read 320 times)

legendary
Activity: 3094
Merit: 1029
Leading Crypto Sports Betting & Casino Platform
May 09, 2022, 05:01:08 AM
#46
i saw a lot of my friends playing
My friends too. Imagine when you are walking everyday and this is not only healthy for your life but your pocket. that's why so many people interested to use and play this. They are walking everyday and making two digits bucks of more everyday. that's quite a lot for the only walking and running. that's why people want also try to rental the shoes to participate in this game
newbie
Activity: 3
Merit: 0
May 08, 2022, 10:04:24 PM
#45
Do you think it is a good investment or rather a ponzi like scam?
i saw a lot of my friends playing
copper member
Activity: 1988
Merit: 905
Part of AOBT - English Translator to Indonesia
May 08, 2022, 09:22:03 PM
#44
This token really got lot of attention ponzi or scam i dont know but it seems legit to me

I mean the team already there you can look it one by one the advisor itself VP from adidas and the backer from sequioa which is not small company even binance is listed the coin, you know that binance always due diligence first before listing it.
jr. member
Activity: 840
Merit: 4
May 08, 2022, 07:37:11 PM
#43
Unfortunately, I missed the STEPN train. Missed the investment window and even the bounty opportunities. Such hard luck. But I would invest in it if I were you
hero member
Activity: 2842
Merit: 625
May 08, 2022, 05:56:31 PM
#42
It's like the NFT-P2E idea that you need to buy an NFT first before you get to the game. So in this case with STEPN, you'll have to buy the shoe as a requirement for you to be eligible to earn as you walk or run.

I would assume the same thing as you.

Right now, it's currently on hype but everything that goes high will come down and all the hype that it has will eventually be gone.

It's just one of the transient trends in the market like P2E so it's no wonder that the hype will soon fade away. Compared to P2E, I find M2E really M2E very useful because in addition to the goal of making money, M2E can help us improve our health by jogging. I really hope this trend lasts longer than we think because it really helps.
This is not a ponzi project but with the current high price, it is very unlikely to be profitable for new holders. But if you have time to jog, maybe you should give it a try.
I remember that there's one exact project that has started it out before but it didn't do and didn't became popular.

I think with stepn, the marketing was good and they did very well on it. And as they have expanded, people have seen that it's profitable only for the early users that have accessed it.

Yeah, just like in NFT-P2E, when you're too late, you won't see how profitable it is anymore because the hype is likely gone.
legendary
Activity: 2282
Merit: 1023
May 08, 2022, 05:56:14 AM
#41
Do you think it is a good investment or rather a ponzi like scam?
One thing i know is that they are shilling a lot which means i do not trust projects that go out of the way and shill because those projects will not survive for a long time. The way they are shilling is that anonymous accounts coming to telegram groups and posting their project details randomly which is a really scammy behavior and i will not spend a dime in that.
member
Activity: 271
Merit: 14
May 08, 2022, 05:01:34 AM
#40
StepN is not a scam but I am worry about the future of this project, when all types is done for what will be the fate on this project? If you want to invest money on this project make sure you buy when there is a massive sell off or when BTC goes to 27,000$ yes at this point this price is possible.
hero member
Activity: 2324
Merit: 504
May 08, 2022, 04:14:21 AM
#39
I don't think the popularity of the project will be long.Now there are already many similar ones and all pursue the same goal to earn more money.This is just a new trend, which is promoted by large sites.Today this trend will be different tomorrow.
totally depends with the ROI from the players, if the ROI can sustain for long term and this one will always exist even it has not become a hype trend again. You must remember defi even when that has not become a major trend again but the hype was still around there.
The trend can't easily change. This is also depend on what new project that recently got hyped but during the bearish market and i expect nothing to happen.
hero member
Activity: 2282
Merit: 505
May 07, 2022, 07:17:03 PM
#38
I honestly very much doubt the economic model of this project gonna be sustaining for long, earning by just moving is great and all but if that’s the sole utility I mean there is no real product like with the gaming NFT it’s just gonna be boring in the long term.
I’d definitely invest in gaming platform more since they are already tested and their economic model are already growing so much. after all this kind of thing like moving for earning model is rather new and untested, basically you’re investing in a project with new
innovation and keep in mind it could either be great success or just fails miserably.
hero member
Activity: 1372
Merit: 500
May 07, 2022, 01:10:23 AM
#37
Depends on how you react to it, if you are afraid of a scam, leave it. But if you see a good investment place, do it immediately. STEPN has not shown any signs for the long term, you can take advantage of STEPN if you think it is worth saving money there. But back to your belief, if you are afraid of losing you should just leave it and move on to another better project.

sr. member
Activity: 1890
Merit: 256
Vave.com - Crypto Casino
May 06, 2022, 11:56:33 PM
#36
Do you think it is a good investment or rather a ponzi like scam?
I can't say for sure it's a scam or a ponzi. If we assume it's ponzi aren't all cryptocurrencies pretty much the same? can be equated all cryptocurrencies are also almost similar to ponzi, what is the value of the STEPN project in my opinion is the concept they use is very unique. Although they almost have similarities with the concept of the game Play To Earn, but their goals can also be better for health, maybe this is a concept that is still in development that is not final. Let's see ahead how the final of this concept.
sr. member
Activity: 1701
Merit: 308
May 06, 2022, 11:51:54 PM
#35
Every new project does have risks because we can't fully see the development, but for STEPN I think open a scam project and you can try to invest some of your assets, with the price is still low then the risk of loss is very small and still have hopes that the coin will increase, but you analyze again about the project so that there is no doubt and regret later.
hero member
Activity: 2744
Merit: 761
Burpaaa
May 06, 2022, 10:20:47 PM
#34
The only advantage of this new trend is the right entry point if you got in early you will likely make a profit now look at the chart, there's a big line of pumps then a continuous dip in the price, if you choose to invest here check the roadmap and the behavior of the team are they really on a long haul, after their biggest hype, I notice that after any project's hype, the team slowed down on the development of the project.
For investments in similar projects, it is better since the public sale because you can buy them at a lower price before the tokens are listed on the exchange. But I agree with you, that having to check every detail information of every project and check reviews from trusted neutral sources, just following hype without research will lose your investment in scam project.

This is very dangerous investment strategy because you know that it will be pump and dump since most of the investors is not a holder but rather same thinking like you that only wants quick profit since they missed the profit opportunity on StepN. I still prefer investing on the original project idea and just wait for the correction to enter rather than risk everything on copycat project.
legendary
Activity: 2072
Merit: 1023
★Bitvest.io★ Play Plinko or Invest!
May 06, 2022, 10:13:09 PM
#33
Going back in here and speaking of STEPN.

I saw a post on Facebook that there were people that have bought those virtual shoes and they're also able to earn through walking as GPS is needed to track their walk.

Does anyone know that? As I've seen that they're able to make a profit from walking while that app is on. I'm not sure about the whole details but it's like an NFT shoe that's needed for you to earn as you walk.

What you've read was right. This is a M2E project or move to earn. But first you have to purchase a shoe and there are like several level of each shoe that would determine how much you're earning everytime you move.
This has been the new hype and there were actually more projects are copying the same.

This kind of project would definitely die down If there's not enough people purchasing the shoe.
It's like the NFT-P2E idea that you need to buy an NFT first before you get to the game. So in this case with STEPN, you'll have to buy the shoe as a requirement for you to be eligible to earn as you walk or run.

I would assume the same thing as you.

Right now, it's currently on hype but everything that goes high will come down and all the hype that it has will eventually be gone.

It's just one of the transient trends in the market like P2E so it's no wonder that the hype will soon fade away. Compared to P2E, I find M2E really M2E very useful because in addition to the goal of making money, M2E can help us improve our health by jogging. I really hope this trend lasts longer than we think because it really helps.
This is not a ponzi project but with the current high price, it is very unlikely to be profitable for new holders. But if you have time to jog, maybe you should give it a try.
hero member
Activity: 2842
Merit: 625
May 06, 2022, 09:40:14 PM
#32
Going back in here and speaking of STEPN.

I saw a post on Facebook that there were people that have bought those virtual shoes and they're also able to earn through walking as GPS is needed to track their walk.

Does anyone know that? As I've seen that they're able to make a profit from walking while that app is on. I'm not sure about the whole details but it's like an NFT shoe that's needed for you to earn as you walk.

What you've read was right. This is a M2E project or move to earn. But first you have to purchase a shoe and there are like several level of each shoe that would determine how much you're earning everytime you move.
This has been the new hype and there were actually more projects are copying the same.

This kind of project would definitely die down If there's not enough people purchasing the shoe.
It's like the NFT-P2E idea that you need to buy an NFT first before you get to the game. So in this case with STEPN, you'll have to buy the shoe as a requirement for you to be eligible to earn as you walk or run.

I would assume the same thing as you.

Right now, it's currently on hype but everything that goes high will come down and all the hype that it has will eventually be gone.
hero member
Activity: 1064
Merit: 638
May 06, 2022, 02:55:21 PM
#31
Do you think it is a good investment or rather a ponzi like scam?

Obviously not a Ponzi but a trending coin/token with Move To Earn concept, it is new thing just like previously saw the DeFi and then play to earn now it is MOVE TO EARN trend.

the coingecko  have created a sprit category for M2E projects and STEPN is on top.



~
This has been the new hype and there were actually more projects are copying the same.
yes I saw some projects that are being launched on daomaker same shoe story

This kind of project would definitely die down If there's not enough people purchasing the shoe.
it happen all the time when trend changes.
sr. member
Activity: 446
Merit: 250
May 06, 2022, 11:05:05 AM
#30
The only advantage of this new trend is the right entry point if you got in early you will likely make a profit now look at the chart, there's a big line of pumps then a continuous dip in the price, if you choose to invest here check the roadmap and the behavior of the team are they really on a long haul, after their biggest hype, I notice that after any project's hype, the team slowed down on the development of the project.
For investments in similar projects, it is better since the public sale because you can buy them at a lower price before the tokens are listed on the exchange. But I agree with you, that having to check every detail information of every project and check reviews from trusted neutral sources, just following hype without research will lose your investment in scam project.
hero member
Activity: 2926
Merit: 567
May 06, 2022, 10:54:59 AM
#29
I don't think the popularity of the project will be long.Now there are already many similar ones and all pursue the same goal to earn more money.This is just a new trend, which is promoted by large sites.Today this trend will be different tomorrow.

The only advantage of this new trend is the right entry point if you got in early you will likely make a profit now look at the chart, there's a big line of pumps then a continuous dip in the price, if you choose to invest here check the roadmap and the behavior of the team are they really on a long haul, after their biggest hype, I notice that after any project's hype, the team slowed down on the development of the project.
sr. member
Activity: 831
Merit: 286
Binance #Smart World Global Token
May 06, 2022, 09:55:52 AM
#28
I don't think the popularity of the project will be long.Now there are already many similar ones and all pursue the same goal to earn more money.This is just a new trend, which is promoted by large sites.Today this trend will be different tomorrow.
The presence of several competitors with the same goal will make the hype last longer, but unfortunately scam projects will infiltrate every hype to take advantage of the enthusiasm of the community. But we need to know that every hype will just disappear without saying goodbye, so we need to consider looking for profits from hype project investments in the long term.
staff
Activity: 2436
Merit: 2347
May 06, 2022, 09:38:29 AM
#27
A good investment if you are an early adopter or venture capitalist in such projects, but the very way of earning is more like a ponzi scheme and long-term investment in such projects can turn out to be a disaster. The idea itself is good for earning money and will probably be developed further, but you can not be sure that the project in its current form will also maintain interest at the same level and constantly attract new users. And without new users, this project will not survive, otherwise who will pay rewards?

If you decide to buy sneakers in this project and start earning tokens, it's a bad investment, especially now that the altcoin market is constantly tending downward and the value of these tokens is constantly dropping.
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