STEPN and Apple Join Forces, GMT Price Skyrockets 8%

STEPN and Apple Join Forces, GMT Price Skyrockets 8%


STEPN integrates Apple Pay as a fiat onramp for in-app purchases, aiming to enhance accessibility and broaden its user base while eliminating the need for users to exit the app and utilize external marketplaces for buying and selling digital assets.

Cryptocurrency News: In a bid to strengthen accessibility and broaden its user base, the Webย 3.0 Move-to-Earn (M2E) game STEPN has announced its integration of Apple Pay as a fiat onramp for in- application purchases. The Australia-based company intendsย to eliminate the need for users to exit the application and utilize external marketplaces for buying and selling Stepnโ€™s digital assets. This development comes shortly after Axie Infinity, another prominent play-to-earn gaming app, announced its availability on Appleโ€™s App Store, suggesting a potential shift in Appleโ€™s stance towards blockchain-based mobile games.

Stepn Secures Apple Integration

With the implementation of Apple Pay as a seamless payment solution, STEPN intendsย to eliminate the hurdles users face when engaging in the buying and selling of digital assets. This integration offers greater ease of use, allowing users to utilize their traditional debit and credit cards linked to Apple Pay. By simplifying the transaction process, STEPN anticipates a more engaging and accessible experience for its growing user base.

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Inย addition, STEPN has unveiled a new feature wasย known the โ€œBadges & Achievement systemโ€ exclusively for iOS users. This enhancement further enhances the gaming experience, offering incentives and bonus to users as they progress through the game. Althoughย while speaking about the new development, Yawn Rong, co- founder of Find Satoshi Lab (FSL) โ€” the Webย 3.0 development studio behind STEPN โ€” was quoted as saying:

We believe this is a momentous step towards onboarding theย following 100 Million users to Webย 3.0 technology.

STEPN Hopes Renewed Interest

Historically, Appleโ€™s policies surrounding in-game investment transactions have been viewed as unfriendly by some industry players. Itโ€™sย worthย notingย that, the tech giantโ€™s requirement for application developers to share 30 percent of transaction revenues has sparked controversy. Nonetheless, with theย pastย few approval of blockchainย tech gaming applications on the App Store, market speculators are predicting a resurgence of interest in the once- trending M2E app, STEPN.

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The monthly active user count for the blockchainย tech application had seen a wholeย lotย of decline after reaching over 700,000 users in May 2022. Reportsย by the latest on-chain analysis, theย current number now stands much lower at approximately 23,000. Nevertheless โ€” with Appleโ€™s coveted approval โ€” the anticipation of a renewed user base and increased engagement has caused a surge in the price of STEPNโ€™s native digitalย currency, GMT.

In the wake of this cryptocurrency news, the price of STEPNโ€™s GMT cryptoย token has spiked over 8 percent within theย recent minutes. As things asย ofย now stand, the GMT cryptoย token is exchanging hands at $0.291, representing a gain of 2.19 percent inย theย previous 24 hours.

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