What is Green Satoshi Token (GST)? The Game Engine Behind STEPN’s Move-to-Earn Ecosystem

Green Satoshi Token (GST) powers the core economic loop of STEPN, a pioneering Web3 fitness application that gamifies outdoor activity. 

Functioning as the in-game utility token, GST is earned by users who walk, jog, or run in the real world while equipped with STEPN’s NFT Sneakers. 

It represents not only the transactional heartbeat of the platform but also an incentive mechanism designed to align physical movement with digital rewards.

What is Green Satoshi Token (GST)? The Dual-Token Economy of STEPN

Built initially on the Solana blockchain, STEPN employs a dual-token architecture: GST serves as the reward and utility token, while GMT (Green Metaverse Token) operates as the governance and long-term strategic asset. 

This bifurcation allows the platform to separate user incentives from ecosystem decision-making, preserving economic balance and scalability.

GST Utility and Ecosystem Functionality

GST is central to user progression within STEPN. It enables sneaker upgrades, repairs, and minting of new NFT footwear—activities essential to optimizing one’s earning potential. 

In-game economics are calibrated to balance supply and demand, with GST regularly burned through user activities, thus counteracting inflation.

Token Name: Green Satoshi Token (GST)

Blockchain: Solana (initially), with cross-chain aspirations

Primary Use Cases: NFT Sneaker upgrades, minting, in-game transactions

Earning Mechanism: Move-to-earn—users earn GST by walking, jogging, or running outdoors

GST: How It Works

To participate, users must install the STEPN mobile application, create a wallet, deposit SOL, and purchase NFT Sneakers from the in-app marketplace. 

Once the initial 24-hour energy cooldown elapses, users can begin earning GST by engaging in physical activities, with their energy (measured in minutes) regenerating by 25% every six hours. 

This “energy” acts as a throttle, limiting earnings and ensuring sustainability.

STEPN: From Hackathon Triumph to Global Movement

The vision behind STEPN originated in August 2021, conceptualized by Australian fintech studio FSL. 

The project gained momentum after clinching first place in the Solana Ignition Hackathon (Gaming Track) in October 2021. 

From inception, STEPN has aimed to fuse health-conscious behavior with blockchain engagement—ushering in a new category of “lifestyle dApps.”

Founding Minds Behind the Ecosystem

Jerry Huang, co-founder, brings over a decade of experience in game development, QA, and marketing. His prior success in iOS gaming underscores STEPN’s gamified design.

Yawn Rong, a serial entrepreneur and blockchain investor, complements the project with business acumen and venture-building pedigree.

Jessica Duan, serving as Chief Strategy Officer, leverages her background in design and innovation strategy to align platform operations with market shifts and user experience evolution.

GST Price: April 2025 Snapshot

Current Price: $0.006715

Market Cap: $20.95 million

24h Trading Volume: $920.89K

Circulating Supply: 3.12 billion GST

All-Time High: $9.03 (April 2022)

All-Time Low: $0.005763 (April 2025)

Price Movement (from ATL): +16.53%

Conclusion

Green Satoshi Token is more than an in-game currency—it’s the fulcrum of a behavioral shift powered by blockchain. 

By monetizing motion, GST turns physical activity into a revenue stream, redefining the concept of lifestyle apps in a decentralized world. 

Despite its current price being a shadow of its former highs, its utility within STEPN’s ecosystem ensures that GST remains a core component of the move-to-earn narrative.

FAQ

1. What is Green Satoshi Token (GST) and how does it function within STEPN?

GST is the primary in-game utility token of STEPN, a Web3 fitness application that rewards physical activity. Users earn GST by walking, jogging, or running outdoors while equipped with NFT Sneakers. It fuels the app’s reward mechanics and governs essential functions like sneaker upgrades, repairs, and minting—forming the economic engine behind the platform’s move-to-earn experience.

2. How does GST differ from STEPN’s other token, GMT?

STEPN utilizes a dual-token model: GST for gameplay and progression, and GMT (Green Metaverse Token) for governance and long-term ecosystem utility. While GST facilitates in-app transactions and daily earnings, GMT grants users voting rights on key decisions and access to advanced features, separating short-term user incentives from strategic control.

3. How do users start earning GST through STEPN?

To begin earning GST, users must download the STEPN app, set up a wallet, deposit SOL, and purchase NFT Sneakers via the in-app marketplace. After a one-time energy cooldown period, users can earn GST during real-world movement, with energy replenishing over time to regulate earnings and maintain sustainability.

4. What mechanisms are in place to control GST inflation?

GST integrates several deflationary mechanics, including token burns triggered by in-game actions such as sneaker upgrades and minting. This reduces overall token supply and helps maintain value equilibrium, especially important given its high-circulation structure and usage-centric role within STEPN.

5. Why has GST’s market value declined, and does it still hold relevance?

Although GST peaked at over $9 in April 2022 and trades at a fraction of that today, its relevance endures through active utility. It remains critical to STEPN’s user economy, sustaining the gamified incentives that drive real-world engagement. Its value lies in function, not speculation—anchoring it within the broader move-to-earn movement.