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 Web 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 intends to eliminate the need for users to exit the application and utilize external marketplaces for buying and selling Stepn’s digital assets. This development comes shortly after Axie Infinity, another prominent play-to-earn gaming app, announced its availability on Apple’s App Store, suggesting a potential shift in Apple’s stance towards blockchain-based mobile games.

Stepn Secures Apple Integration

With the implementation of Apple Pay as a seamless payment solution, STEPN intends 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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In addition, STEPN has unveiled a new feature was known the “Badges & Achievement system” exclusively for iOS users. This enhancement further enhances the gaming experience, offering incentives and bonus to users as they progress through the game. Although while speaking about the new development, Yawn Rong, co- founder of Find Satoshi Lab (FSL) — the Web 3.0 development studio behind STEPN — was quoted as saying:

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

STEPN Hopes Renewed Interest

Historically, Apple’s policies surrounding in-game investment transactions have been viewed as unfriendly by some industry players. It’s worth noting that, the tech giant’s requirement for application developers to share 30 percent of transaction revenues has sparked controversy. Nonetheless, with the past few approval of blockchain 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 blockchain tech application had seen a whole lot of decline after reaching over 700,000 users in May 2022. Reports by the latest on-chain analysis, the current number now stands much lower at approximately 23,000. Nevertheless — with Apple’s coveted approval — the anticipation of a renewed user base and increased engagement has caused a surge in the price of STEPN’s native digital currency, GMT.

In the wake of this cryptocurrency news, the price of STEPN’s GMT crypto token has spiked over 8 percent within the recent minutes. As things as of now stand, the GMT crypto token is exchanging hands at $0.291, representing a gain of 2.19 percent in the previous 24 hours.

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