STEP
Get Fit. Earn Crypto.
Complete anonymous and privacy focused
user rewards app on the Binance Smart Chain BEP-20
Whitepaper Version 2.0
[Link]
1.1 Vision
1.2 Background
1.3 Important Terminology
1.4 Supply
[Link] & Security
3. Staking
4. Tokenomics
[Link] Case
[Link]
Introduction
Step is a revolutionary fitness application that lets you earn cryptocurrency
while you walk and get healthy. Walking as it is, is one of the regular activities
which is performed whether it’s in the house or outside.
Keeping this in mind, we have come up with a unique concept where you can
get strong both physically and financially.
Step strives to urge the users to follow a healthier lifestyle, lessening global
warming, develop financial independence, and boost self-confidence. All this with
few easy steps and less hustle.
Users can download the app from the play store or app store, enter their wallet
address (BEP-20) and they are good to go.
Vision
We at Step wanted to develop something which would be class apart from the competition which
would allow users to get more fit and healthy and get wealthier while doing so.
We checked the competition and saw users are only been given some products or coupons to said
products as a reward but we at Step firmly believe in crypto and so we decided to develop an app
which will give our end users a financial incentive for just walking.
This should give a reason for the users to walk more often and use less vehicles which will reduce
the carbon foot print. Unlike other apps we believe in privacy and anonymity so our app is focused
purely on that.
Also, with our Step app which doesn’t use any fiat or product-based rewards instead we give
rewards in crypto which will make many non-crypto users use cryptocurrency as a standard.
Background
Since the rise of cryptocurrency in 2009 there have been no application built on cryptocurrency
on any blockchain which would purely give rewards as cryptocurrency without any KYC or user
data just purely with wallet address which is how a cryptocurrency or blockchain focused app
should be.
When we do this, we eliminate any possible leaks of user data, any misuse of user data or user
data used for marketing. We wanted to give our users a complete secure and privacy focused
app which will just pass the user internal score and wallet address and nothing else. Our users
can get $5 to $15 a day just by walking.
Users must own a minimum of 18K Step tokens in their wallet to be eligible for rewards. 5% buy
tax 15% sell tax will be applied. This is to make sure that no price manipulation can be done by
any pump and dump groups on our Step token
Important Terminology
Crypto Blockchain Binance Chain BEP20
A cryptocurrency, crypto- Blockchain is a shared, Binance Chain allows BEP20 is a Binance token
currency, Crypto is a decentralised, distributed users to develop standard which allows
digital currency designed immutable ledger that decentralised applications users to deploy fungible
to work as a medium of facilitates the process on top of the chain. It is tokens or cryptocurrencies
exchange through of recording transactions a decentralised and on BSC. More specifically,
leading crypto assets on
a computer network that and tracking assets in transparent blockchain
other chains can be
is not reliant on any a business network and also offers low trading
transferred to the Binance
central authority, such as fees. That is why we are
smart chain in the form of
a government or bank, to built on top of Binance
pegged BEP20 tokens.
uphold or maintain it. Smart Chain.
Important Terminology
NFT Wallet address Metamask [Link]
A non-fungible token is A wallet address is MetaMask is a software Disperse allows you to pay
a non-interchangeable a sequence of numbers cryptocurrency wallet used multiple contributors in one
unit of data stored on and letters, with no spaces to interact with the transaction with low gas
a blockchain, a form nor symbols. Each wallet Ethereum blockchain. It fees. The interface is super
of digital ledger, that can address is unique and allows users to access their simple and available at no
additional cost. That’s why
be sold and traded on the there is no other wallet Ethereum wallet through a
we use disperse to
blockchain. address like it. It is the browser extension or
distribute rewards to users
unique identifier for your mobile app, which can then
quickly and efficiently.
account on the blockchain. be used to interact with
decentralised applications.
Important Terminology
KYC Block Cold Wallet Exchange
The know your customer Groups of data within a A secure method of storing A cryptocurrency exchange
or know your client blockchain. On your cryptocurrency is a digital marketplace
cryptocurrency blockchains, completely offline. Many cold where you can buy and sell
guidelines in financial
blocks are made up of wallets (also called hardware cryptocurrency.
services require that
transaction records as users wallets) are physical devices
professionals make an
that look similar to a USB
buy or sell coins. Each block
effort to verify the identity, drive. This kind of wallet can
can hold only a certain
suitability, and risks help protect your crypto from
amount of information. Once
involved with maintaining hacking and theft, though it
it reaches that limit, a new
a business relationship. also comes with its own risks –
block is formed to continue
like losing it, along with your
the chain.
crypto.
Important Terminology
Private Key Staking Staking pool
The encrypted code that Staking offers crypto A staking pool is a group of
allows direct access to holders a way of putting coin holders merging their
your cryptocurrency. Like their digital assets to work resources to increase their
your bank account and earning passive income chances of validating
password, you should without needing to sell blocks and receiving
never share your private them. rewards. They combine
key. their staking power and
share the rewards
proportionally to their
contributions to the pool.
Supply
Step has a max supply of 1 billion Step tokens with variable burn rate in which
60,500,000 STEP tokens were used for Pre-sale and 55,000,000 STEP tokens used
for liquidity. 5% of the tokens will be released to team each cycle (21 days).
Privacy & Security
In this modern day and age where privacy is a myth, we come up with a solution where
complete focus is given to user privacy and see to it that there is no misuse, overuse, and
abuse of user data.
We at Step team respect users’ privacy and security and with our no KYC rule allows
user to easily use the app without any hassle of data being leaked.
We use Android built in accelerometer and Google Fit data which includes calculating
steps and distance on the phone and if the user uses a smart watch, we also track
calories and average heart beat which is then used by Google Fit app and we calculate a
internal score which we then pass along to the server to distribute rewards.
On Apple devices we use Apple Health which in turns uses the phones built-in accelerometer to track
steps and distance on the phone and if the user uses a smart watch, we also track calories and
average heart beat which is then used by Apple Health and we calculate a internal score which is
then passed along to the server same as Android.
We never take any other data of the users or will ask any other permissions apart from the ones to
track above health data.
We Believe in crypto and anonymity that all users have the right to their data and we for one don’t
accumulate any data of our users. And the rewards which is being sent to the users are also with just
their wallet address and nothing else. Unlike fiat currency Step uses the Binance Smart Chain
network to safely give users funds which they can sell and exchange for other tokens or just cash it
out.
While we respect users’ privacy, we do have various anti cheat measures in place just to make sure
that no malicious user can get more rewards or use the app/reward in unauthorized way.
Staking
Our users have staked over 3 million dollars’ worth of tokens.
Users can go to [Link] to stake Step tokens. Users are rewarded 14.25
Step tokens per block. With our generous interest rate which varies on how many users are
there and how much they own in the pool.
With Step staking all holders will have a chance to stake their tokens which means users can
earn passive income from staking their Step tokens which is in addition to the rewards they get
for using the app and just walking.
Users can withdraw the staked Step coins anytime and there is no lock in period but if the
users opt to withdraw within 72 hours, they would have to pay a fee of one percent and after
that there is a small fee of 5% on profits only.
There are both options for manual and auto compounding to get you the best APY out of your
staking.
Tokenomics
TAX DISTRIBUTION
TAX
Marketing Wallet
Buy - 5%
35.5%
Sell - 15%
Rewards Pool Total Supply
62.5%
Liquidity Pool 1 billion STEP
2%
Rewards eligibility
At least 4000 daily steps
At least 18.000 Step tokens in wallet
Rewards are calculated on the steps % quota among all
eligible holders (minimum of 4000 daily steps) A multiplier is
then applied depending on how much tokens are held by
each user.
Use Case
This can be used by anyone who has a smartphone ( which almost everyone has now a days) .
It doesn’t require any additional work and people who walk day to day will be rewarded and it
will not only benefit them monetarily but also physical fitness. That’s our goal at Step.
Such simple use case with low weight application and simple to use application which will sync
node automatically and you can manually sync it too with the sync button.
Once the users install it and get rewards which one can cash out should motivate them to walk
more and get in shape. Anyone can use this app from kids to adults to old people so that they
stay active and fit.
Unlike other apps we don’t have a sign up or login page just install the app give the necessary
permissions and enter the wallet address where you want the rewards and are good to go.
Due to covid people are staying indoors they too will get a reason to walk to earn extra income
and by staking it they can get more passive income. All to get them healthy and wealthy.
Step app makes fitness fun and rewarding. And unlike a gym membership which many buy at
the beginning of the year but then slowly stop going to it because they don’t see any rewards
in doing so and get lazy. This gives you rewards daily so that the brain gets its dopamine and
you keep walking more and more to earn more rewards.
With rewards as high as $15 a day just for walking can motivate anyone to get out of the
bed and get fit. That’s the purpose of the app get you healthier and get you extra income
by walking.
Theoretically if you earn 15$ a day that’s 450$ a month 8 which you get just by walking
and getting yourself healthier, which is in fact a great way to shape your life.
Conclusion
We have presented a new idea of rewards cause of which we are having a fast-growing
user base who loved the idea and are joining day in and day out which is proving that we
the team at Step are on the right track.
We provide a safe and seamless app which users can use with ease of mind and every
day and get crypto reward every day. Moving forward we are also going to introduce new
things like our NFT collection, metaverse and more.
Our team at Step will keep on making new innovations and ideas so that it will help our
users more and more. So, let’s get healthier and wealthier together download the Step
app now.
