Officially, STEPN announced that its market value exceeded $1 billion and became a unicorn company. In addition, STEPN made a profit of $26 million in the first quarter, and all profits will be used to buy back GMT and burn it.
The total downloads of the official APP have exceeded 1 million, and the daily NFT transaction volume has exceeded 10 million US dollars.
According to Encyclopedia, a unicorn company, a term in the investment world, generally refers to a company that has been established for less than 10 years; its valuation must exceed 1 billion US dollars, and a small number of companies have a valuation of more than 10 billion US dollars.
DISCLAIMER: The information provided by WebsCrypto does not represent any investment suggestion. The articles published on this site only represent personal opinions and have nothing to do with the official position of WebsCrypto.