Stepn, a “move-to-earn” application on the Solana blockchain that allows users to get cryptocurrency rewards from walking or jogging, is getting traction in cryptocurrency markets.

Crypto analysts are seeing long-term value with Stepn. Analysts see the “Move-to-Earn” model as a positive thing for crypto and cryptocurrencies as a whole; something that many in the industry have been calling for. Analysts also note that this model could present an opportunity for people to earn income in crypto.

Stepn aims to become the first social app with a built-in marketplace that rewards its users with GMT tokens. It allows users to earn tokens for walking and exercising. Once users reach a target number of steps they earn tokens that they can spend on the platform for items like nutritional supplements and gym equipment. The fitness app has grown to more than 300,000 daily active users in a few months.

Stepn’s Move-to-Earn model enables its crypto users to earn GMT by engaging in activities like posting messages on Stepn’s platform or completing surveys and completing other tasks. The idea is to make the platform as user-friendly as possible and as rewarding as possible for its users. By providing a consistent way to earn points, Stepn hopes to attract new users to its platform and keep them there by giving them something tangible they can earn. This is especially important for non-crypto users who might not be familiar with the proof-of-stake system or how to use a wallet to store coins. By rewarding users for their time on the platform and showing them that their efforts are appreciated, Stepn is building a sense of loyalty and community around its coin and platform.

Stepn’s Move-to-Earn model can also help attract new users who are tired of chasing quick profits and are looking for long-term investments. When users begin to collect points with their Stepn app and exchange them for rewards in crypto assets, they are choosing to invest in crypto assets with the hope they’ll increase in value over time. This model aims to give those users a new reason to stay invested in crypto assets long-term.

GMT is trading at around $2.20, roughly 17 times where it started trading at in March, although it has retreated from its all-time high of about $9 last month.