STEPN has announced a partnership with cryptocurrency payment platform Alchamy Pay.
This partnership will allow STEPN’s GMT tokens to be used for payments in over 2 million stores in over 70 countries worldwide and online.
CRO Shiti Rastogi Manghani of STEPN commented:
We are delighted that Alchemy Pay is now giving our users the ability to spend their GMT tokens in multiple real-world situations. Now that our web3 app has this new dimension we expect to see major growth of our community and ecosystem.
Bitcoin.com
Alchemy Pay
Founded in Singapore in 2018, Alchemy Pay (ACH) provides payment solutions connecting fiat and cryptocurrencies for businesses and investors.
In 2021, the company announced a partnership with Binance to enable payments in over 40 cryptocurrencies.
In the 24 hours following the announcement, the ACH price rose by approximately 70%.
What is STEPN?
STEPN is a Web3 lifestyle application that incorporates elements of SocialFi and GameFi.
By purchasing NFT sneakers and linking them to GPS, STEPN enables users to “Move-to-Earn” (Exercise-to-Earn).
Its popularity has continued to grow since its beta release in December 2021. Sneaker prices are rising to about $1,000 minimum and above.
The GST earned can be used to increase the sneaker’s status or create new sneakers.
Links
Website：https://www.stepn.com/
Twitter：https://twitter.com/Stepnofficial?s=20&t=t8U-djfW5ZEnmAgYsB-pBw
Resource：https://news.bitcoin.com/stepns-gmt-token-supported-by-alchemy-pay-for-real-world-spending/
