Two GameFi Tokens for the Crypto Winter Markets: STEPN and Moshnake

Multiple factors contribute to the present crypto winter, but the state of the world economy is the most important. The current economic climate has impacted all three markets - forex, bonds, and stocks.

Given that cryptocurrency has traditionally been considered a hedge above traditional markets, it is especially challenging now when both markets are experiencing economic downturns. For investors to successfully traverse these perilous economic times, they must first determine what method they will use to safeguard their holdings. What you want to accomplish in the market will dictate the strategy you employ.

Regarding crypto assets, STEPN (GMT) and Moshnake (MSH) are two of the best to hold onto over the crypto winter months. These coins have value because they are associated with projects that people care about. In addition, the tokenomics of these projects are sound, suggesting that their token values will eventually recover.

If you are willing to be patient and wait for the rewards, these projects will make an excellent addition to your portfolio. What follows is essential information.

Find out more about these crypto tokens below.

STEPN (GMT) The Third Generation Web Based System

The STEPN (GMT) protocol is a third-generation web-based fitness system. By offering cryptocurrency bonuses for working out, it motivates people to get fit. These incentives, which come in the form of crypto tokens, make it possible for users to profit from their exercises. Using blockchain technology, it will implement an open and accountable incentive program that pays users for the amount of effort they put into working out.

By offering these benefits, STEPN hopes to motivate its users to improve their health and fitness. Users are incentivized to engage in physical activity through the platform's "Play to Earn" mechanisms. Users must sign up and buy NFT sneakers on the platform to earn cryptocurrency rewards.

There are two tokens on the STEPN protocol - GMT and GST - making it a multi-token system. STEPN's governance token, GMT, is used for making and voting on ideas inside the network. However, STEPN's native token, GST, can be used for all platform-wide transactions.

Moshnake (MSH) The New Crypto

Inspired by the classic arcade game Snake, Moshnake (MSH) is a decentralized version of the same concept. Play-to-Win elements are integrated into this crypto NFT game. It requires the purchase of NFT snakes and participation in several game modes to gain rewards. Both single-player and multiplayer options are available to users.

Regular gameplay is required for players to gain experience and unlock new game content. Tokens of the snake NFT type, MSH, can be purchased with the game's governance token, MSH. Players can play an active part in the platform's administration and game design via ownership of MSH. Players can also invest money into unique events in which they have the chance to win substantial rewards.

The Moshnake ecosystem runs on the governance token, MSH, and the in-game money, VEN. Players have the option of taking on the roles of either other people or the surrounding environment. The rapidly increasing value of Moshnake (MSH) is good news for anyone looking to capitalize on the cryptocurrency market.

Moshnake

Website: https://moshnake.io

Telegram: https://t.me/MoshnakeOfficial

Twitter: https://twitter.com/moshnakeToken