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Is StepN Sustainable? Behind the Fastest Growing Game in Crypto - Yawn Rong, Co-Founder, StepN, Ep. 200

Is StepN Sustainable? Behind the Fastest Growing Game in Crypto - Yawn Rong, Co-Founder, StepN, Ep. 200

FromThe Blockcrunch Podcast


Is StepN Sustainable? Behind the Fastest Growing Game in Crypto - Yawn Rong, Co-Founder, StepN, Ep. 200

FromThe Blockcrunch Podcast

ratings:
Length:
48 minutes
Released:
Jun 7, 2022
Format:
Podcast episode

Description

How are some users getting paid to walk?   StepN is a Walk-to-Earn mobile app and in less than 6 months, they managed to amass 1.7 million monthly active users and up to 400k users are using it on a daily basis.   This episode, Co-Founder Yawn Rong shares with us: How is StepN actually paying users and is it sustainable? Comparison of StepN over competitors and their moat StepN’s vision for the future   Host: Jason Choi @mrjasonchoi . Not financial advice.   ------------ Timestamps ------------- (00:00:00) – Introduction (00:02:32) – Introduction to StepN (00:05:49) – Designing Users’ Cost Of Participation (00:07:12) – Revenue Mechanism (00:11:13) – Demand and Design Of StepN’s Tokens (00:14:12) – Social Aspect Beyond Walk-to-Earn (00:19:29) – Partnerships With Brands (00:24:30) – Comparison To Other Platforms (00:28:50) – Strategy For Massive Player Adoption (00:33:36) – StepN’s Moat Over Competitors (00:40:30) – Anti-Hacking/Cheating Mechanisms (00:43:41) – More On StepN’s 2 Tokens - GST & GMT   ----------- Sponsors ------------- dYdX is the Leading Decentralized Exchange for trading perpetual contracts. Users enjoy low fees, deep liquidity, up to 20x more buying power and even earn $DYDX from trading. Trade on dYdX today at: https://trade.dydx.exchange   ----------- More Resources --------- Guest StepN’s Website: https://stepn.com/ StepN’s Twitter: https://twitter.com/Stepnofficial Yawn Rong's Twitter: https://twitter.com/yawn_rong   Blockcrunch Blockcrunch VIP: https://blockcrunch.substack.com/ Blockcrunch Twitter: https://twitter.com/theBlockcrunch Jason Choi’s Twitter: https://twitter.com/mrjasonchoi   ------------ Disclosures ------------- Disclaimer: The Blockcrunch Podcast is an educational podcast and newsletter for informational purposes only. The host invest in cryptoassets actively and may hold assets discussed in the newsletter or podcast. All content contained within this podcast is intended for educational purposes only and should not be construed as any form of financial advice. The Blockcrunch Podcast, its associates and affiliates are not liable for any decisions third parties choose to make.
Released:
Jun 7, 2022
Format:
Podcast episode

Titles in the series (100)

The most global podcast for investors in cryptocurrencies and blockchain, featuring fund managers and founders from all corners of the world sharing their theses and strategies. Jason Choi (@mrjasonchoi), Head of Research at Spartan Capital, a cryptoasset hedge fund, goes deep into the technology and economics behind crypto projects to dissect trends and themes in a global context. Not financial advice.