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Usha Yadav
Sep 21, 2022
by Usha Yadav

STEPN and GigaSpace Metaverse Form Strategic Partnership

STEPN and GigaSpace

Table of contents

  1. Strategic Partnership For Metaverse
  2. STEPN and GigaSpace
Modern metaverse The move-to-earn fitness app STEPN and GigaSpace have partnered to create a virtual STEPN City for their community. In keeping with STEPN's goal of creating a link between Web2 and Web3, GigaSpace is creating a virtual environment suitable for both Web3.0 parties and Web2.0 parties that will transition to Web3.0.

Strategic Partnership For Metaverse

The STEPN Metropolis will be a sports-themed city featuring structures and amenities like stadiums, shopping centres, and communal spaces, where fans and supporters may purchase STEPN apparel, organise neighbourhood activities, and meaningfully engage with one another. After the GigaSpace alpha launch, the Virtual City, which is now under development, will become gradually accessible. This collaboration aims to create a virtual area where fans from all over the world may easily congregate without being constrained by geographic boundaries.

STEPN and GigaSpace

A Web3 lifestyle app called STEPN has Social-Fi and Game-Fi components. Users with NFT Sneakers collect points based on the GPS-tracked distance they walk, jog, or run and then receive incentives as tokens for their accomplishments. Green Satoshi Tokens (GST), used to level up and create new Sneakers, are credited to the user's wallet as prizes.

By fusing the Web2 and Web3 worlds, GigaSpace is creating the first Web5 metaverse with a distinctive ecosystem to support commercial operations and communities. GigaSpace has already formed partnerships with over 100 Web2.0 & Web3.0 organisations within a relatively short time.

 

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STEPN and GigaSpace
STEPN and GigaSpace Metaverse Form Strategic Partnership
Usha Yadav
Usha is a diehard crypto enthusiast and has been actively writing on different facets of the blockchain and crypto world. She has authored many research articles on cryptocurrency and aims to provide informational and quality content to readers. She firmly believes that crypto has a great potential to redefine the world of finance and blockchain.

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