The Green Metaverse Token (GMT) has emerged as a pivotal player in the evolving landscape of Web3 fitness and social applications. Originally introduced as the governance token behind the groundbreaking "Move-to-Earn" app StepN, GMT has since evolved into a cornerstone of Find Satoshi Lab’s (FSL) broader ecosystem, which now includes innovative platforms like MOOAR, DOOAR, and the next-generation fitness app STEPN GO.
As interest in gamified wellness and blockchain-powered incentives grows, understanding the role, utility, and future potential of GMT coin becomes essential for both crypto enthusiasts and fitness tech adopters.
Core Keywords
- GMT coin
- StepN
- STEPN GO
- Move-to-Earn
- GameFi
- Web3 fitness
- Green Metaverse Token
- FSL ecosystem
What Is GMT Coin?
GMT (Green Metaverse Token) is the native governance and utility token developed by Find Satoshi Lab (FSL), a leading Web3 innovation studio. Designed to power a suite of decentralized applications focused on health, movement, and digital ownership, GMT operates across multiple blockchains including Solana, Ethereum, BNB Smart Chain (BSC), and Polygon.
As a platform governance and GameFi ecosystem token, GMT enables users to participate in decision-making, access premium features, and unlock cross-application benefits within FSL's expanding network.
Key Token Metrics (as of April 2025)
- Token Name: Green Metaverse Token (GMT)
- Ticker: $GMT
- Market Cap: ~$112.6 million
- Fully Diluted Valuation (FDV): ~$205.7 million
- Market Rank: #269 (CoinMarketCap)
- Category: Platform Governance / GameFi / Web3 Fitness
- Issuance Chain: Solana
- Circulating Supply: ~2.81 billion GMT
- Total Supply: ~5.13 billion GMT
👉 Discover how Web3 fitness apps are reshaping digital incentives with tokens like GMT.
What Can You Do With GMT Coin?
GMT serves as the economic backbone of FSL’s ecosystem, with real-world utility across several platforms:
- Purchase in-game items in StepN and STEPN GO
- Upgrade NFT sneakers and boost earning potential
- Participate in community governance votes
- List and trade NFTs on MOOAR, FSL’s NFT marketplace
- Access projects launched via MOOAR’s Launchpad
While demand for GMT is heavily influenced by user engagement in StepN and its successor STEPN GO, its integration across tools like DOOAR (a decentralized exchange) reinforces its long-term value proposition.
Understanding StepN: The Original Move-to-Earn Pioneer
Launched in 2022, StepN was one of the first successful implementations of the "Move-to-Earn" concept—a fusion of fitness, finance, and fun powered by blockchain technology.
Users download the mobile app, purchase an NFT running shoe, and start walking or running to earn cryptocurrency rewards. The more you move, the more you earn—making physical activity financially rewarding.
StepN quickly gained global traction, reaching over 700,000 active users at its peak, with daily earnings reported as high as $42.55 per user according to Coingecko’s 2023 research. It bridged Web3 with everyday life by encouraging outdoor activity while offering tangible financial incentives.
Despite challenges—including restrictions on Chinese users and turbulence from broader crypto market crashes (LUNA collapse, FTX bankruptcy)—StepN demonstrated resilience. Its survival through bear markets signaled strong foundational support from both developers and community members.
GST vs. GMT: Understanding StepN’s Dual-Token Model
StepN operates on a dual-token economy using:
- GST (Green Satoshi Token) – An inflationary reward token earned through movement.
- GMT (Green Metaverse Token) – A deflationary governance token used for upgrades and ecosystem participation.
Key Differences Between GST and GMT
| Feature | GST | GMT |
|---|---|---|
| Supply | Unlimited (inflationary) | Fixed at 6 billion |
| Acquisition | Earned via walking/running | Purchased or earned through events |
| Primary Use | In-game actions (repair, mint, upgrade) | Governance, cross-platform utility |
| Circulation | Mostly internal use | Freely tradable on exchanges |
To earn GMT, players must first upgrade their NFT shoes to the maximum level. Once upgraded, a portion of movement rewards shifts from GST to GMT—creating long-term holding incentives.
Additionally, using GMT for shoe minting or enhancement results in permanent token burn, helping maintain scarcity and value over time.
Introducing STEPN GO: The Next Evolution in Web3 Fitness
In 2024, FSL launched STEPN GO, a redesigned social fitness app aimed at mainstream adoption. Unlike its predecessor, STEPN GO lowers the entry barrier significantly by removing the need for crypto wallets or prior blockchain knowledge.
Users simply enter an activation code and begin earning—no upfront NFT purchase required.
Why STEPN GO Stands Out
- ✅ No wallet needed – Accessible to non-crypto users
- ✅ Social-first design – Features like “Haus System” allow friends to share energy and train together
- ✅ Fitness Level progression – Users level up based on consistent activity, increasing daily rewards
- ✅ Anti-cheat SMAC system – Uses AI and phone sensors to detect real movement and prevent step fraud
The app introduces a new utility token called GGT (GO Game Token), used for in-app upgrades and consumption. Meanwhile, GMT retains its role as the governance and high-value asset, forming a sustainable dual-token model.
A unique “burn shoes for energy” mechanism ensures supply discipline: users must burn NFTs to generate movement energy, curbing inflation and supporting token stability.
👉 See how STEPN GO is redefining fitness incentives with blockchain rewards.
Real-World Integration: Adidas Partnership & World Records
One of the most significant developments for the FSL ecosystem was its collaboration with adidas in December 2024. The launch of the limited-edition Ultraboost 5 | STEPN GO physical running shoe marked a major milestone—bridging virtual achievements with real-world products.
GMT holders were given exclusive access to raffles and redemption opportunities, reinforcing token utility beyond digital boundaries.
Earlier that year, STEPN also made headlines by breaking two Guinness World Records:
- Most people completing a remote mile in 24 hours (42,656 participants)
- Most people completing a remote mile in one hour
These events highlighted the power of community-driven movement and showcased the scalability of Web3 fitness models.
GMT Price History: From Boom to Rebuilding
Since its launch, GMT has followed a volatile but instructive price trajectory reflective of broader crypto cycles and project-specific narratives.
Major Price Milestones
- April 2022: Reached all-time high of $4.1785 during the Move-to-Earn hype wave
- Q3 2022: Crashed to $0.5350 amid market downturns and regulatory headwinds
- Early 2023: Brief rebound to $0.6867, followed by decline due to lack of new catalysts
- Early 2024: Spiked to $0.4495** on Adidas news, then fell back to **$0.0846
- Early 2025: Rose to $0.2639** on anticipation of STEPN GO launch, now trading around **$0.0364
As of April 2025, GMT trades at approximately NT$1.22, down over 99% from its peak. However, this low valuation may reflect not just past disappointments but also future potential—if FSL can deliver sustained user growth through STEPN GO.
How to Buy GMT Coin
GMT is widely available on major cryptocurrency exchanges with strong liquidity and security:
- Binance
- OKX
- Bybit
Simple 3-Step Process:
- Register an account and complete KYC verification
- Deposit funds via credit card or bank transfer (buy USDT)
- Trade USDT for $GMT
Always prioritize reputable platforms to safeguard your assets.
👉 Start your journey into Web3 fitness tokens with secure trading on a trusted platform.
Frequently Asked Questions (FAQ)
Q: Is GMT coin still relevant after StepN’s decline?
Yes. While StepN’s popularity waned post-2022, the introduction of STEPN GO represents a strategic pivot toward mass-market adoption. With improved UX, anti-cheat systems, and real-world partnerships, GMT remains central to FSL’s long-term vision.
Q: Can I earn GMT without buying NFTs?
In STEPN GO, initial participation doesn’t require NFT ownership. However, earning significant amounts of GMT typically involves upgrading gear or participating in governance—activities that may require investment in NFTs or GGT usage.
Q: What gives GMT its value?
GMT derives value from:
- Scarcity (fixed supply + burning mechanisms)
- Governance rights
- Cross-platform utility in FSL apps
- Real-world integrations (e.g., Adidas collab)
Q: Is STEPN GO better than StepN?
STEPN GO improves accessibility and social engagement, making it more suitable for casual users. However, hardcore gamers might still prefer StepN’s deeper mechanics. Both coexist under FSL’s ecosystem strategy.
Q: Will GMT price recover?
Recovery depends on user adoption of STEPN GO, sustained development momentum, and broader GameFi market conditions. While speculative rallies have faded, fundamental improvements could drive organic demand.
Q: Where can I store GMT safely?
Use wallets compatible with Solana or Ethereum (depending on the chain), such as Phantom (Solana) or MetaMask (Ethereum). For long-term holdings, consider hardware wallets like Ledger or Trezor.
Final Thoughts: Can GMT Reclaim Its Spotlight?
GMT coin began as a symbol of Web3 innovation during the Move-to-Earn boom. Though it faced setbacks from market volatility and shifting user interest, FSL’s continued development—especially with STEPN GO—suggests a commitment to long-term growth.
With real-world collaborations, enhanced social features, and a refined dual-token model, GMT is positioning itself not just as a speculative asset but as a functional component of a healthier digital lifestyle.
The road ahead will depend on execution: can FSL convert hype into lasting engagement? If so, GMT may yet see a resurgence—not through speculation alone, but through genuine utility in the expanding world of Web3 wellness.