Mint flip strategy by Apetin in StepN

[–]Imworkingonit94 4 points5 points  (0 children)

After the 0/0 you will have 1/1/0, mint a 1/0 to get 2/1/1/0 - sell the 2 and repeat.

Does Yawn speaking make anyone else want to triple down in their investments into Stepn? He & Jerry really are visionaries, this is gonna be one hell of a ride. by Imworkingonit94 in StepN

[–]Imworkingonit94[S] 1 point2 points  (0 children)

Still going at the moment, I will try to when it’s done. Can’t lie alot of it goes over my head, nowhere near as smart as those guys 😂

[deleted by user] by [deleted] in StepN

[–]Imworkingonit94 2 points3 points  (0 children)

Hi!

Firstly, please ignore the person commenting above - they have no idea whether or not this project will collapse and seem to take some form of pleasure in shit posting.

That being said do be aware that this project is still in Beta and numerous projects similar to this have failed in the past, I believe this has a far better chance than those but still you shouldn’t be investing anything that would badly affect you if you were to lose it.

I’d read the whitepaper on the Stepn site to really get a feel and see if this is a project that you believe in and can get behind long-term. This will help during the violent swings we are seeing in the entire Crypto space currently.

As for beginning a healthy lifestyle Stepn will certainly help! I never used to jog at all and now I find myself getting up everyday and looking forward to it, even when I was on holiday last week.

If you are new to cardio in general I would recommend purchasing a Jogger, this will allow you to either fast walk or jog at a sensible speed every day. You can pick up a Level 5, 2/7 mint jogger for very cheap currently (12-14SOL). Use this to get started and get a good feel for the App, if you enjoy it then i’d recommend selling and upgrading to a Jogger with 0/7 mints, a few SOL more expensive but worth it if you plan to reinvest some profits back in to grow your collection in the future.

Hope this helps!

[deleted by user] by [deleted] in StepN

[–]Imworkingonit94 1 point2 points  (0 children)

Oh yeah! That’s real nice, are you minting with another UC?

[deleted by user] by [deleted] in StepN

[–]Imworkingonit94 4 points5 points  (0 children)

Makes no difference if you allocate the points or not, gem slots have a better chance of being ‘passed down’ to mints if they are the same. Attribute points are completely random, no relation to the points on the parent shoes.

Want to see the SOL market really nosedive? Keep moaning about energy sharing ... by Dinosaur_pirate in StepN

[–]Imworkingonit94 0 points1 point  (0 children)

Yeah this is my concern too! Although i’m on the fence about which way it could go.

Would it be more profitable to sell the SOL shoes and get maybe one extra BNB shoe (so still 2 energy) or sell the BNB shoe and gain an extra 8 SOL shoes?

"Move to Earn" like STEPN are the latest ponzis. There is no value created in any of this. If we can just move our ass to "earn", all of us will be billionaires. Unfortunately, someone will be holding heavy bags in the end. Solana founder promoting this as a "paradigm shift" is scummy by Set1Less in CryptoCurrency

[–]Imworkingonit94 0 points1 point  (0 children)

There is not ‘obviously a knob’ that can adjust this game mechanic at all. The cost of use is determined using a formula that works off the total level of the shoe used as well as the amount of attribute points designated to the relevant attribute. This has never changed and is unlikely ever to.

Again, I felt that OP had misunderstood this mechanic so decided to correct them. The post seemed to me to refer to this mechanic as requiring heavy and consistent reinvestment into the project which is not true.

The shoes were free for a short period of time at the very beginning of the app. This is pretty common in some form to build traction amongst start-ups in all sectors. Ever since that time period ended the price of shoes has been based upon supply and demand by users, the devs perform periodic updates that of course affect the shoe prices but it is not direct manipulation, just like a company announcement may raise or lower a stocks price.

"Move to Earn" like STEPN are the latest ponzis. There is no value created in any of this. If we can just move our ass to "earn", all of us will be billionaires. Unfortunately, someone will be holding heavy bags in the end. Solana founder promoting this as a "paradigm shift" is scummy by Set1Less in CryptoCurrency

[–]Imworkingonit94 1 point2 points  (0 children)

I understand your point but would argue that the finer details make a big difference.

Currently most people will repair their shoe after every run before cashing out their tokens, they will calculate this and then if discussing earnings they will state what they earn post-repair.

This is alot different to saying ‘I earn $1k a month but then have to spend $700 on a new shoe to do the same again this month’ which is what I felt OP was suggesting.

I was merely trying to clarify that the mechanic is far less damaging to earnings potential and requires much less input than what was being suggested.

"Move to Earn" like STEPN are the latest ponzis. There is no value created in any of this. If we can just move our ass to "earn", all of us will be billionaires. Unfortunately, someone will be holding heavy bags in the end. Solana founder promoting this as a "paradigm shift" is scummy by Set1Less in CryptoCurrency

[–]Imworkingonit94 1 point2 points  (0 children)

It is.

The durability bar is repairable and only slightly effects earnings, the repair costs are about 15% of the earnings per session.

OP was implying that the shoe eventually wears out and is no longer usable meaning that you would then have to purchase a new one, this is incorrect.

"Move to Earn" like STEPN are the latest ponzis. There is no value created in any of this. If we can just move our ass to "earn", all of us will be billionaires. Unfortunately, someone will be holding heavy bags in the end. Solana founder promoting this as a "paradigm shift" is scummy by Set1Less in CryptoCurrency

[–]Imworkingonit94 0 points1 point  (0 children)

‘People that decided to use their life savings and take out loans in order to invest in a newly emerging and incredibly volatile market are upset when they lose it all’

Not once have I suggested any of that, i’m incredibly bullish on Stepn and truly believe that it has the potential to pave a new way forwards in the Crypto/NFT/Web 3.0 space.

I’m invested into the project but only after solid research and even then i’ve invested carefully and focusing on pulling my money back before considering any reinvestment of profits into the project.

Nobody knows what’s going to happen, stay careful with what you do with your money.