Solana-Based STEPN Reports $122.5M in Q2 Profits
STEPN, a Solana-based game platform, reported $122.5 million in second-quarter profits even as crypto market conditions have declined in the past few months, the team said in a Medium post Tuesday.“In addition to the buyback and burn program, STEPN will allocate capital reserves to improve upon existing features and build out the team,” developers said. The “move to earn” project brought $26 million in Q1, as previously reported. Move-to-earn, similar to play-to-earn, is a model whereby users are rewarded in cryptocurrency for their step count on the STEPN application.
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https://t.me/Helium_Waves_Stepn
