I've been shorting STEPN for a year now and haven't regretted it. These x-to-earn model have been plagued with ponzinomics. Based on what I read from Athlerse, I'm not sure if it's ponzinomics or not yet, however what turn me off is the emphasis on spending $ATHL tokens to upgrade your virtual avatar... Sorry for the bias, but most tech nerds are not the most fit, they are the ones who care about upgrading themselves virtually inside of their favorite games. Meanwhile, those who love to train often don't care about their digital appearance. Until we spend a significant amount of time in a virtual world with a real representation of our physical self, I really don't think anyone cares except for a few people. If a project want to be successful they have to target and optimize to a niche or go mass appeal. I don't think they are reaching any mass appeal, and there is a mismatch on the niche. So, I'll be surprise if this project succeed until the market material and revenue streams are more focused on something more concrete than NFT upgrades. Show Less