STEPN, a blockchain-based application, has launched the New Horizon Initiative for its community, which includes the release of the Genesis Sneaker Holder airdrop, the application's rarest non-fungible token (NFT) sneakers. These sneakers are the first on the app, and additional limited-edition Genesis drops have taken place in the past year to honor significant partnerships. The total number of Genesis sneakers is limited to 20,000, and the creators have confirmed that they will continue to give away Genesis sneakers during STEPN events and social media contests.
As part of the New Horizon Initiative, STEPN plans to hold an airdrop for all Genesis Holders on BNB Chain, Solana, and Ethereum. To be eligible for the airdrop, you must hold the sneaker in your STEPN spending account. The STEPN team will distribute the prizes based on the rarity of the sneaker, with the most common NFT receiving 4,000 $GMT and the rarest one receiving 32,000 $GMT. However, during the snapshot, the NFT should not be listed for sale on the marketplace. The giveaway occurred on February 12th at 0:00 UTC, and the airdrop is now complete.
The Genesis Sneakers are classified into three categories based on the blockchain they are on, ranging from G1 to G20,000, and all Genesis Sneakers will have a "G" mark for identification and offer unique perks to their owners. These unique sneakers offer various benefits, such as a cross-realm OG Sneaker airdrop and free membership access to MOOAR.
The STEPN New Horizon Initiative demonstrates the application's commitment to empowering loyal users for future $GMT use cases. As per the medium article announcement, STEPN will continue to develop new features and products to enhance the user experience. In conclusion, the Genesis Sneakers and the airdrop exemplify STEPN's dedication to providing unique benefits to its users and commitment to its community.