StepN
STEPN OG
Adelaide, Australia · Founded 2021 · $9.2M raised
- Headquarters
- Adelaide
- Employees
- 11–50
- Founded
- 2021
- Business Model
- B2C
- Website
- stepn.com
- Total Funding
- $9.2M
- Last Round
- $4.2M Equity CrowdfundingMay 2022
- Rounds
- 2
About
STEPN is a Web3 move-to-earn lifestyle app developed by Find Satoshi Lab (FSL) that rewards users with cryptocurrency tokens for walking, jogging, and running outdoors. Users purchase NFT sneakers to participate, earning Green Satoshi Tokens (GST) and Governance tokens (GMT) through physical activity, combining GameFi and SocialFi elements. Launched in August 2021 on the Solana blockchain, STEPN became one of the defining apps of the 2022 crypto bull run and has since expanded its ecosystem with STEPN GO, a social move-to-earn sequel, as well as partnerships with adidas, Snoop Dogg, and G-SHOCK.
Summary
StepN is a Crypto & Web3 company based in Adelaide, Australia, founded in 2021. It has raised $9.2M in total across 2 rounds, most recently a $4.2M Equity Crowdfunding round in May 2022. Investors include Sequoia Capital, Folius Ventures and Solana Ventures.
Tech & App Stack
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Funding History
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May 2022
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Seed through Equity Crowdfunding — per-round amounts, valuations, and who invested in each round.
Investors
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