{"id":64314,"date":"2022-07-13T10:04:06","date_gmt":"2022-07-13T07:04:06","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=64314"},"modified":"2025-09-06T13:46:46","modified_gmt":"2025-09-06T10:46:46","slug":"stepn-reports-122-5-million-quarterly-profit","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/stepn-reports-122-5-million-quarterly-profit\/","title":{"rendered":"STEPN reports $122.5 million quarterly profit"},"content":{"rendered":"<p>In the second quarter of 2022, <span data-descr=\"Move-to-Earn, \u043f\u043e\u043b\u044c\u0437\u043e\u0432\u0430\u0442\u0435\u043b\u0438 \u0437\u0430\u0440\u0430\u0431\u0430\u0442\u044b\u0432\u0430\u044e\u0442 \u043a\u0440\u0438\u043f\u0442\u043e\u0432\u0430\u043b\u044e\u0442\u044b \u0438 NFT \u043f\u043e\u0441\u0440\u0435\u0434\u0441\u0442\u0432\u043e\u043c \u0430\u043a\u0442\u0438\u0432\u043d\u043e\u0441\u0442\u0438 \u0432 \u0444\u0438\u0437\u0438\u0447\u0435\u0441\u043a\u043e\u043c \u043c\u0438\u0440\u0435\" class=\"old_tooltip\">M2E<\/span>-platform <a href=\"https:\/\/u1f987.com\/en\/news\/what-is-stepn-and-the-gmt-cryptocurrency\">STEPN<\/a> posted a profit of $122.5 million from app usage fees.<\/p>\n<blockquote class=\"twitter-tweet\" data-lang=\"en\">\n<p lang=\"zxx\" dir=\"ltr\"><a href=\"https:\/\/t.co\/HO9hTEehtx\">https:\/\/t.co\/HO9hTEehtx<\/a><\/p>\n<p>\u2014 STEPN | Public Beta Phase IV (@Stepnofficial) <a href=\"https:\/\/twitter.com\/Stepnofficial\/status\/1546844430161678336?ref_src=twsrc%5Etfw\">July 12, 2022<\/a><\/p><\/blockquote>\n<p> <script async=\"\" src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Five percent of profits will go toward a GMT token buyback and burn program. The developers also identified several areas where the proceeds would help drive improvements:<\/p>\n<ul class=\"wp-block-list\">\n<li>bolster security and expand server capacity to counter <a href=\"https:\/\/u1f987.com\/en\/news\/stepn-app-hit-by-a-barrage-of-ddos-attacks\">DDoS attacks that occurred<\/a>;<\/li>\n<li>improvement of the SMAC fraud-prevention system;<\/li>\n<li>recruitment of new specialists in technical development, engineering, marketing, public relations, distribution, and legal services;<\/li>\n<li>new partnerships and sponsorships for key sports and entertainment events;<\/li>\n<li>branding STEPN to build a line of physical goods under the project brand to raise awareness.<\/li>\n<\/ul>\n<p>Back in June, STEPN <a href=\"https:\/\/u1f987.com\/en\/news\/stepn-to-discontinue-service-for-users-in-mainland-china\">ceased<\/a> serving users from Mainland China.<\/p>\n<p>Follow ForkLog&#8217;s Bitcoin news on our <a href=\"https:\/\/telegram.me\/forklog\" target=\"_blank\" rel=\"nofollow noopener\">Telegram<\/a> \u2014 cryptocurrency news, prices and analysis.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>In the second quarter of 2022, the M2E platform STEPN posted a profit of $122.5 million from app usage fees.<\/p>\n","protected":false},"author":1,"featured_media":64315,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1155,1475],"class_list":["post-64314","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-games-and-gamefi","tag-stepn"],"aioseo_notices":[],"amp_enabled":true,"views":"20","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/64314","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=64314"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/64314\/revisions"}],"predecessor-version":[{"id":64316,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/64314\/revisions\/64316"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/64315"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=64314"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=64314"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=64314"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}