“2 million in one night” This hugely profitable adult game makes 1 million people addicted

On April Fool’s Day, Jay Chou’s $420,000 NFT Boring Ape was stolen.

Fans fry the pot, but Jay Chou said calmly, “Should I ask for a more dick?”

"2 million in one night" This hugely profitable adult game makes 1 million people addicted

Even the star’s NFT dares to steal, and the madness of the currency circle does not stop there.

Recently, Justin Sun, a leader in the currency circle, invested in a blockchain game STEPN, and the biggest selling point was actually “walking to make money”.

"2 million in one night" This hugely profitable adult game makes 1 million people addicted

The STEPN platform claims that as long as you buy a few pairs of “sneakers NFT”, you can earn 100,000 a month by walking.

Some people don’t even want to work in order to make money, and “walk and earn” at home full-time.

But on the other side of “get rich overnight”, there are many people complaining that STEPN is a fun step in the NFT version, but it is a Ponzi scheme that has been moved to the circle of virtual tokens.

What is the origin of this hugely profitable STEPN?

Spend 6,700 yuan to buy a pair of “shoes”, with a monthly income of 100,000

STEPN, which suddenly became popular, is now an application with over one million users and over 10 billion platform turnover.

By buying NFT sneakers on it and matching the corresponding sports, users can earn huge rewards.

At the peak, the return on investment of STEPN’s top users was as high as 2000%.

In an interview, Yawn, the founder of STEPN, said the original intention of the platform: “free 2 earn”, you can make money by doing nothing.

"2 million in one night" This hugely profitable adult game makes 1 million people addicted

On top of the temptation of “laying and earning”, STEPN has also made many other innovations.

1. Put the NFT into the blind box

To make money with STEPN sports, the first step is to buy shoes.

But after you buy shoes, you are no longer playing STEPN, but STEPN is playing you.

For example, if you buy a gray shoe box, you may get ordinary gray shoes, or you may get green shoes that are ridiculed by users for “burning incense in your past life”.

"2 million in one night" This hugely profitable adult game makes 1 million people addicted

"2 million in one night" This hugely profitable adult game makes 1 million people addicted

If you are lucky and rich, users who buy green shoeboxes may also buy blue shoes that are more profitable.

The difference is that the general blind box is finished, and the NFT can continue to play.

After opening shoes of different grades, you can use the “gem NFT” provided by STEPN to upgrade the shoes, and you can also combine two pairs of shoes with each other to “breed” a new shoe box, and then open it.

"2 million in one night" This hugely profitable adult game makes 1 million people addicted

In addition, some new users are worried that the shoes opened by the blind box are unsatisfactory, so they go to the STEPN player group to buy shoes made by others.

According to a user who bought 14 pairs of gray shoes and 1 pair of green shoes, he earned 3,000 yuan a day at most, and about 100,000 yuan a month.

2. It’s crazy addicting

Because STEPN has designed a virtual token system, STEPN will randomly issue tokens every time the user’s exercise ends. Now you can see from the “STEPN Assistant” applet that one game currency can be exchanged for 31 yuan.

Fascinated players not only play bigger and bigger, but many people also take the initiative to invite relatives and friends to enter the pit.

"2 million in one night" This hugely profitable adult game makes 1 million people addicted

A user named Bilion not only played STEPN by himself, but also opened an account for his family. The whole family invested more than 300,000 yuan, stocked more than 70 pairs of shoes, and earned 15,000 yuan per day from exercise.

The more users smash, the more they can earn, and the harder it is to stop.

Last month, the city where user Gino’s home is located experienced heavy rains for 14 consecutive days, but he bought a set of raincoats and insisted on “walking and earning” in the rain every day.

"2 million in one night" This hugely profitable adult game makes 1 million people addicted

“You can make $600 a day just by running out of energy,” he said.

Many rich people even buy their own shoes and then find an intermediary to run them on their behalf.

According to an intermediary in China, there are only two sets of entry-level plans: one-time running services starting from 200,000 yuan, charging 50,000 yuan; hosting packages of more than 500,000 yuan, 30% of the revenue.

"2 million in one night" This hugely profitable adult game makes 1 million people addicted

The intermediary fee alone can be charged so high, which shows how profitable the platform is.

The word of the intermediary’s publicity is: “100,000 in the first month, 200,000 in the second month, and 400,000 in the third month.”

If you don’t believe it, he will also say: “We already have more than 6 million funds in the queue, and we can get more than 2 million in one night.”

In other words, STEPN has become a wealth code for some people. They don’t care about sports and shoes at all, they just make money in an organized and disciplined way.

“Walking” in the face of heavy rain, STEPN is the fun step of the NFT version?

In the first quarter of 2022, STEPN earned US$446 million in service fees, equivalent to RMB 2.83 billion.

Making huge profits with the top players, STEPN has been packaged by many users as the biggest outlet in 2022.

This style of painting is very similar to the fun steps of the year.

Qubu is one of the most popular apps in China around 2019. It claims that as long as you keep walking normally every day, you can earn at least 5,000 yuan a year. If you participate in investment, you can earn 500,000 yuan a year.

"2 million in one night" This hugely profitable adult game makes 1 million people addicted

When it was hottest, the followers of Qubu said:

“Qubu is the next turning point of the Internet and has the potential to become Internet giants like Alibaba and Tencent in the next 3-5 years.”

“Tencent’s market value is so high, it has nothing to do with us, all the money was made by Ma Huateng and Tencent’s shareholders, and Qubu is changing the way of sharing money.”

"2 million in one night" This hugely profitable adult game makes 1 million people addicted

In order to earn “candy”, Qubu users put their mobile phones on the “step brush”, and they can brush more than 60,000 steps in a day.

"2 million in one night" This hugely profitable adult game makes 1 million people addicted

But soon everyone found out that it is not the number of steps that is needed to exchange sugar for fun steps, but people.

Someone has to buy candy, and those who want to walk to make money can make money.

Funbu’s plate is pulled out by the common people one by one.

"2 million in one night" This hugely profitable adult game makes 1 million people addicted

In order to pull people’s heads, someone showed the 10,600 yuan in cash that they exchanged for 400 candies.

Someone created his own words: “Even an 80-year-old grandpa is still learning how to make money with Qubu.”

"2 million in one night" This hugely profitable adult game makes 1 million people addicted

But after pulling in the heads, the “candy” that Qubu sends to users is actually worthless at all.

First of all, it is not easy to withdraw cash.

For example, if you want to withdraw 100 yuan, you have to pay 50% of the handling fee, and the assets will shrink by half, and the loss will be huge.

"2 million in one night" This hugely profitable adult game makes 1 million people addicted

The second is no endorsement.

STEPN’s virtual token is linked to Solana, the world’s top three virtual token platform, and the game currency can be exchanged for Sol through an algorithm to exchange money.

But without the fun step endorsed by a third party, whether the “candy” can be exchanged for money is entirely up to you.

From this point of view, STEPN cannot be simply understood as “NFT version of the fun step”, and the possibility of a Ponzi scheme is not high.

However, STEPN, which uses virtual tokens as the lifeline of the platform, has always faced the risk of bubble bursting.

On March 1 this year, STEPN launched 6 billion new virtual tokens, GMT, with a currency value equivalent to 10 times the original GST.

Because of the importance of the preservation of GMT, new users are pouring in.

The skyrocketing shoe-buying transaction instantly caused GST to grow from $2.6 each to $4 each, and the assets of all users on the platform rose by 35%.

Only a small number of players in the currency circle are happy.

Because most of the ordinary users on STEPN are just used by others to exercise and exercise.

"2 million in one night" This hugely profitable adult game makes 1 million people addicted

They don’t have that much stickiness to STEPN at all, and once it loses its freshness, the entire platform may collapse.

Not only that, but recently, stakeholders speculated that STEPN’s golden age has passed.

The data shows that after entering April, the amount of STEPN virtual token withdrawals increased by 12%, and the growth rate of active users of the entire game decreased by 37.2%.

The number of active users has been greatly reduced, and there is a high probability that core users have fled. This situation is likely to trigger a series of chain reactions.

Some people from investment and research institutions who are preparing to leave the market pointed out: “In January, as long as in March, STEPN’s dividends will disappear, and it will quickly enter a death spiral.”

"2 million in one night" This hugely profitable adult game makes 1 million people addicted

If the platform declines, the worst are those high-investment users.

Therefore, before a crisis occurs, they will be the first to stand up to maintain the reputation of the platform, and they will frantically call out orders through major social networking sites.

The slogan “2 million in one night” was actually called out by the user studio.

This kind of almost crazy draining and attracting fans has actually been on the brink of danger.

Behind the crazy hype, users should remind themselves:

“You can’t make enough money, but you can lose it at any time.”

Posted by:CoinYuppie,Reprinted with attribution to:https://coinyuppie.com/2-million-in-one-night-this-hugely-profitable-adult-game-makes-1-million-people-addicted/
Coinyuppie is an open information publishing platform, all information provided is not related to the views and positions of coinyuppie, and does not constitute any investment and financial advice. Users are expected to carefully screen and prevent risks.

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