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STEPN Unveils $30M FSL Points Airdrop Ahead of Partnership Announcement

STEPCryptowire Launches 100 Million FSL Points Airdrop Campaign

The web3 move-to-earn app STEPN has recently announced the launch of a 100 million FSL Points ‘trailblazer’ airdrop campaign in anticipation of an upcoming partnership. This Solana-based non-fungible token (NFT) project will be dividing the airdrop, valued at $30 million, into two distinct phases. The FSL Points acquired can be exchanged for STEPN’s native GMT tokens.

The 100 Million FSL Points Airdrop

  • The initial phase of the airdrop is focused on STEPN’s Badge Holders, who will receive FSL Points based on the complexity of their completed in-app activities and challenges.
  • In the second phase, Genesis Sneaker holders will be rewarded with FSL Points based on the duration of their ownership, recognizing their loyalty and continued engagement with the app.

Holders of FSL Points have the option to either convert them to GMT tokens on the STEPN marketplace or retain them for future use in purchasing tickets for Raffle Mints at upcoming events and partnerships.

STEPCryptowire CEO Shiti Manghani expressed gratitude towards the community members, stating, “We have decided to launch this extensive airdrop campaign as a token of appreciation to our most loyal community members, granting them priority access to our upcoming mints and other exclusive rewards.”

This campaign marks the third yearly airdrop since its inception in 2022, with a total of 235 million GMT tokens distributed across the three events. Eligible recipients of the airdrop have until April 29 to claim their rewards, as unclaimed tokens will be forfeited.

Upcoming Partnership with World’s Best-Known Brand

The release also hinted at an upcoming partnership between STEPCryptowire and “one of the world’s best-known sports brands.” Manghani expressed excitement about the future plans for the app, aiming to accelerate growth and solidify its position in the move-and-earn sector.

“The next few months are crucial for STEPCryptowire, and we are eager to share this journey with our dedicated supporters,” said the CEO.

Ian Bennett
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Ian is a cryptocurrency enthusiast blending humor with professionalism. With an engineering background and a storyteller's heart, he simplifies the blockchain world with sharp analysis and a touch of wit. At Cryptowire, he brings his unique perspective to make digital financial innovation accessible to all.

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