Summary of STEPN Monthly Townhall - September

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00:00:00 - 01:00:00

The STEPN Monthly Townhall video for September discusses the team's recent accomplishments, including the launch of their new product, and provides updates on their upcoming events. The team also talks about the challenges they have faced along the way, including difficulties with marketing and getting traction in the beginning.

  • 00:00:00 This YouTube video is a transcript of a monthly townhall, in which a few of the team members discuss some of the recent happenings and accomplishments of STEPN. Highlights of the month include the team's growth, the launch of a new product, and the team's dedication to supporting their community.
  • 00:05:00 The video talks about the difficulties in coming up with a name for the STEPN app, and how Stefan and Jerry eventually settled on "Find Saturation."
  • 00:10:00 The STEPN team discusses the decision to focus on gameplay mechanics over graphics, and the challenges of marketing a new game. They mention that it costs a lot of money to put one product placement at launch, and that it took two years to get Strava to be accurate.
  • 00:15:00 The video discusses how STEPN, an upcoming mobile app that allows users to own stuff but also earn tokens for doing so, is difficult to get traction in the beginning. The team discusses how they have to learn how to do social media and write good impressions in order to gain traction. They then discuss their experience hosting an offline event in Lisbon, Portugal which was a total disaster. They share a video of the event which is very bad. They eventually cancel their credit card and lose their original one.
  • 00:20:00 The speaker recounts difficult experiences in their professional and personal life, including surgery. They share one of these experiences, in which a patient's surgery was canceled at the last minute. After recovering from surgery, the speaker shares that the post-surgery experience is "almost something that uh drain all the energy out of you."
  • 00:25:00 The video discusses STEPN's progress in building a successful concept and MVP in a short amount of time, as well as the challenges they have faced along the way. STEPN plans to continue developing their product and creating a sustainable ecosystem for their users.
  • 00:30:00 Stephan and Jerry share their experiences as founders of the largest web 3.0 app. Stephan admits it was difficult during the early stages, but he and Jerry are glad they stuck with it. They are now proud of their professional team and are looking forward to expanding their empire.
  • 00:35:00 The STEPN Monthly Townhall discusses the October ignition hackathon, the thought process behind STEPN, and the partnership with Atletico de Madrid. There are four challenges still available, and the winner of the previous week's challenge will have a chance to win exclusive sneakers and other prizes.
  • 00:40:00 The STEPN Monthly Townhall discusses the new model for moving and turning energy consumption rewards, which will give more value to energy users over time. The video also discusses the hand-drawn artwork for the soccer shoes and the potential for more sneakers to be released in a batch-by-batch manner.
  • 00:45:00 The video discusses Stepn's upcoming office in Hong Kong, as well as their upcoming events in Europe.
  • 00:50:00 Stefan is excited for STEPN Monthly Townhall - September, including introducing STEPN, racing in India, and events in Amsterdam and Frankfurt. He also mentions that he is looking into organizing a German STEPN group.
  • 00:55:00 The STEPN Monthly Townhall discusses why crypto is building in India, explains the development of the GMT earning, and updates the community on the upcoming Ethereum merge.

01:00:00 - 01:15:00

The STEPN team discussed the progress of their Ethereum power to POS transition and how to avoid issues. They also talked about the importance of timing when releasing a non-token gated project, and how this may differ depending on the current beer market sentiment. Lastly, they shared some thoughts on when STEPN plans to launch its next town hall.

  • 01:00:00 The STEPN Monthly Townhall for September discussed the progress of the Ethereum power to POS transition and how to avoid issues. Alpha time is coming to an end, and the team is preparing for future projects.
  • 01:05:00 The speaker discusses the importance of timing when releasing a non-token gated project, and how this may differ depending on the current beer market sentiment. He also discusses the importance of social values in web3, and recommends that users build rapport and find friends in web3.
  • 01:10:00 In this YouTube video, STEPN Monthly Townhall - September, Jerry and Jerry describe some of the projects that STEPN has been working on. They discuss how STEPN helps build a community of people with shared interests, and how STEPN is working to create a more sustainable ecosystem for the cryptocurrency and blockchain industry. They also mention some of the big issues that STEPN is working on, including social value accrual and adding utility to nfts. Finally, they share some thoughts on when STEPN plans to launch its next town hall.
  • 01:15:00 This month's STEPN Townhall featured Jerry talking about the upcoming products they will be releasing, as well as some of the community events that are happening in September. Special mention was given to the Vietnam and Singapore community events, as well as the END CHAMBER CHALLENGE. Everyone was urged to keep up with the latest information regarding these events via social media and Discord. Lastly, Jerry mentioned that he has purchased a zombie costume and is looking forward to trying it on.

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