Would you like to try STEPN? How much can you earn with STEPN? How much does it cost to use STEPN? It all comes down to money in the end, doesn’t it? But, let us take a closer look at the question, and hopefully, the answer will help you make a decision based on your own research.
If you want to use STEPN, you first need to download the application, create an account, and receive an activation code. The latter is often the biggest obstacle for people who want to use the application as the number of activation codes shared and available is very little.. No matter what, you can read more about the entire process of registering a STEPN account and learning the basics of STEPN in this article.
But, how much can you earn with STEPN?
In this article, I will go for the bottom of STEPN, meaning that you want to use as little money as possible, but still be able to use STEPN. In other words, you buy a basic sneaker and the plan is to use one sneaker only. Why is this important? If you own only one sneaker, there is a limit to how much “energy” you will receive per day, limiting you to a cap of 10 minutes of movement with earning per day. If you have three sneakers, the cap is 4 energy, which entitles you to 20 minutes of movement per day.
But, we are now assuming that we have ONE sneaker.
- That sneaker is a walker, a basic sneaker suitable for walking with a speed between 1km/hr and 6 km/hr.
- The sneaker is level 5, with all upgrades added to efficiency, and some to resilience.
Now the thing is, there is a fantastic tool available at stepn.guide. There you can add the values of your sneaker and it will automatically calculate how much you will earn with the settings you have for your sneaker.
Above you can see a common walker at level 5 with a daily energy of 2.
When all the attributes are added in the best possible way, you should be able to earn 8.67 GST per day, whereof you spend 2.52 GST in repair cost.
After repairing, you are stuck with a bit more than 6 GST in profit per day.
You already own a sneaker that has value in itself, meaning that you can consider the 6 GST to be pure profit, or you can trade it and swap it to USD and then calculate an approximate profit of $30 per day. If that is so, then it will take you 40 days to earn $1200 which was your basic investment as you bought your first sneaker.
The return of investment is also very depending on whether you decide to do further leveling up with your sneaker, and also the price of GST. So far, GST has been sky-rocketing and it is currently trading at more than $5. But, if the price of GST should drop, the time you will have to wait for you to reach the return of investment will turn longer.
As of right now, if you have an ideal common walker level 5 and walk every day, it should take you 40 days to reach your return of investment (and then you still own a sneaker worth $1200).
But, do not forget… STEPN is a game, meaning that you will get sucked into it, and you will at all times be tempted to level up your sneaker, maybe buy more sneakers, and thus, you will spend more time waiting to reach your return of investment.
Time will show whether that is a smart decision or not, but currently, STEPN is sky-rocketing and it is really fun to be a part of the ride.
GST $0.2 skyrocketing
That would be nice… seems like a dream right now!