Stepping into 2023, one move-to-earn crypto app showcases it’s dominating the Avalanche network in spite of bear markets and the fall of several GameFi apps.
As we enter the new year of 2023, Avascan reveals the most dominant blockchain app on its network – the move-to-earn Step App. The application currently has almost half of the entire avalanche ecosystem’s total transactions per second(TPS).
This innovative platform, which runs on the Avalanche ecosystem, has captured a commanding 46% of total transactions per second (TPS) within the ecosystem, cementing its position as a major game within the M2E genre, especially in the coming years.
Earlier this year, move to earn games such as StepN and Step App experienced extreme scrutiny over its Ponzi-like economics. This led to a general decrease in users within the genre
What is Step App?
Step App is a social media platform that promises physical activity and healthy living. It has features such as step tracking and rewards that incentivize users to achieve healthy lifestyles. The Step App ecosystem runs on an Avalanche Subnet called Step Network.
But what sets the Step App apart from other crypto platforms? The answer lies in its unique focus on promoting healthy living and physical activity.
The Step App allows users to track their exercise and other healthy behaviors, rewarding them with cryptocurrency for achieving milestones. This innovative approach has proven extremely popular, with the Step App currently dominating the transactions daily on its own subnet network within the Avalanche ecosystem.
The success of the Step App can be attributed to its focus on promoting healthy habits and its rewards system, which encourages users to be more active and live healthier lifestyles. By providing a tangible incentive for taking care of one’s physical health, the Step App has differentiated itself from other crypto platforms and carved out a strong niche for itself in the market.
As we move into 2023, it is clear that the Step App and the move-to-earn trend will continue to be a major force in the cryptocurrency world. With nearly half of Avalanche’s TPS coming from the Step App alone, it is evident that this platform has struck a chord with users and is here to stay.
It will be interesting to see how the Step App continues to shape the cryptocurrency landscape and encourage healthy habits in its users as we move forward into the new year.
Edmond is a passionate writer for Video games, GameFi and Web3. He has worked for top GameFi companies and video game/crypto news websites.