StepG
Crypto Overview
Overview
StepG is a move-to-earn cryptocurrency that appears to be an iteration of the STEPN concept, though with much less information available about its specific implementation. The project claims to reward users for physical activity through their mobile application.
Purpose and Utility
The stated purpose is to incentivize physical activity by rewarding users with STEPG tokens for completing walking, running, or other movement-based activities. However, there is extremely limited verifiable information about how this system actually works in practice.
Business Model Analysis
The core concept of rewarding physical activity is halal in principle. However, due to the extreme scarcity of reliable information about this project's actual implementation, technical details, and team, it is difficult to make a complete assessment of its business practices and revenue model.
Development and Adoption
There appears to be minimal verifiable development activity or clear evidence of active usage. The project's online presence is limited, with little technical documentation or transparency about its current state.
Crypto Impact
To assign a comfort level investing in StepG from a halal perspective we need to determine whether it has a net positive or negative impact.
Towards this end, the table below is used to tally all the positive and negative considerations our members can think of related to StepG.
If you don’t see something that should be listed, positive or negative, feel free to submit your own contribution using the button “Contribute”.
We will review your contribution for accuracy before publication.
Importantly, you can review listed contributions and vote on which one you think has the greatest impact, positive or negative.
You only have one vote per asset so use it wisely.
You can change your vote if you change your mind.