What Is SuperStep (SGMT)? Complete Guide & Review About SuperStep

What Is SuperStep (SGMT)?

SuperStep is a move-to-earn project inspired by the success and imperfection of the existing projects such as Step’N. The project provides a move-to-earn apparatus where users walk and run to receive tokens ($SGMT, $SGST) which effectively promote physical fitness as well as the reduction of CO2 emission. Improved upon the existing projects, Superstep has one of the most rigid anti-inflation mechanisms that works like the one adopted by Bitcoin and other major cryptos. The team faithfully dedicates its full time and energy to doing good not only to its investors financially but to provide social benefit to environment.

Important Points Table Of SuperStep

How to Buy the Continental & Trade On Exchange?

Game Modes

Casual Mode

Users equip sneakers and manually activate SuperStep to start earning Super Green Satoshi Tokens (SGST). When SuperStep is activated, 1 stamina will be consumed every 5 minutes.

SuperStep utilizes GPS to track users’ movement and distribute rewards accordingly. $SGST and $SGMT earning rates are solely determined by the sneaker’s “efficiency” attributes.

Users can’t earn additional $SGST or $SGMT once the stamina is depleted.

While Jogging, users randomly receive shoebox drops. Users have chances to unlock sneaker, add-ons and $SGMT from the shoeboxes.

Idle Mode (Available in Alpha Test)

When you are working at the office or sleeping, you can also generate $SGST depending on how many sneakers that you have.

The details of idle earning will be updated in the whitepaper later.

Weekly Competitive Mode (TBD)

Competitive matches are held on a weekly basis where joggers compete with others and receive rewards. In order to participate, runners have to register as a candidate at least 24 hours prior to the match.

Weekly competitive modes are diversified into 4 tiers of mileage that suit both the casual and competitive runners.

Competitive Mileage: 3km, 5km,7km,10km

Registered runners will receive notifications once every 2 days from registration date to the date of the match.

Every runner is required to use a fully-repaired sneaker with full stamina that is above uncommon rarity to participate in the match. While runners compete for the winner reward, the mileage they run during the match will also be counted and eligible to receive casual mode earning.

Marketplace

Leasing system

At SuperStep, users can lease their sneakers out to earn $SGST or $SGMT. This means if a new user wants to play SuperStep, he/she has to either purchase a sneaker or buy $SGST, $SGMT at the exchanges to pay sneaker rents.

Leasers can customize the term of the rental contracts, upon agreement with the renters, the contracts will become active for 1-7 days depending on the terms. For example, a leaser can mandate the time-length of the contract and whether the renter should return the sneaker with the same durability as he/she received it.

Each and every user at SuperStep is assigned a credit rating, failure to fulfill the terms will result in a deduction of the renter’s credit rating.

Trading and Rental Tax

SuperStep collects tax from trading and leasing with the purposes of inflation control and project funding.

Staking

900M SGMT (15%) are dedicated to Staking Rewards and Liquidity. The staking period will last three years after launch, this will encourage long term holders to participate in staking and earn rewards.

Staking Rewards

Staking is a powerful tool in the crypto currency space to drive buy-side interest in the token. A healthy token is not only stable and growing, but also has a considerable a liquid market. We have a rich sets of staking rewards such as:

Stake BNB to earn SGMT;

Stake SGMT to earn SGMT;

Stake SGST to earn SGST.

Members can choose different staking option, and will be able to earn up to 500% APY while staking.