Run-To-Earn Game Stepn Teams With Atlético de Madrid and Crypto Exchange WhaleFin for NFT Sneaker Collection

The companies are releasing over 1,000 digital soccer cleats compatible for run-to-earn and eligible for real world rewards.

AccessTimeIconAug 18, 2022 at 1:25 p.m. UTC
Updated May 11, 2023 at 4:24 p.m. UTC
10 Years of Decentralizing the Future
May 29-31, 2024 - Austin, TexasThe biggest and most established global hub for everything crypto, blockchain and Web3.Register Now

Web3 lifestyle app Stepn is releasing a non-fungible token (NFT) sneaker collection in partnership with Spanish soccer club Atlético de Madrid and crypto exchange WhaleFin, the companies said Thursday.

The new digital soccer cleats provide increased utility for both Stepn users and soccer fans. The sneakers are compatible within the app’s run-to-earn game, and ownership will also provide exclusive access to physical Atlético de Madrid merchandise, in-person matches and WhaleFin airdrops.

  • Robinhood Is Unlikely to Win in a 'Full-On Battle' With the SEC: Legal Expert
    00:59
    Robinhood Is Unlikely to Win in a 'Full-On Battle' With the SEC: Legal Expert
  • Key Bitcoin Indicator Signals Period of Stability in Crypto Market
    00:52
    Key Bitcoin Indicator Signals Period of Stability in Crypto Market
  • Will All FTX Creditors Get Their Funds Back in Cash? Gronk to Pay $1.9M for Crypto Investor Suit
    01:44
    Will All FTX Creditors Get Their Funds Back in Cash? Gronk to Pay $1.9M for Crypto Investor Suit
  • What Investors Should Know About the AI Tokens Riding Nvidia's Hype
    05:27
    What Investors Should Know About the AI Tokens Riding Nvidia's Hype
  • Stepn has been growing its Solana-based fitness application over the past year, reporting $122.5 million in second-quarter earnings. The NFT sneakers required for game play trade at a floor price of 1.58 SOL, worth about $65.

    “Through such prestigious collaborations, we are creating win-win partnerships for partner brands and also the users through real-world rewards and perks,” Chief Marketing Officer Shiti Ragosti told CoinDesk. “Stepn also realizes its mission of taking the world of Web3 to wider sporting communities through these collaborations and partnerships onboarding more users.”

    Disclosure

    Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.

    CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by Block.one; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as an independent subsidiary with an editorial committee to protect journalistic independence. CoinDesk employees, including journalists, may receive options in the Bullish group as part of their compensation.

    Cam Thompson

    Cam Thompson was a news reporter at CoinDesk.


    Learn more about Consensus 2024, CoinDesk's longest-running and most influential event that brings together all sides of crypto, blockchain and Web3. Head to consensus.coindesk.com to register and buy your pass now.



    Read more about