Convert GRND to KRW

SuperWalk (GRND) is a South Korean Move-to-Earn (M2E) cryptocurrency token that rewards users for physical activity, operating on the Klaytn and Cypas blockchains.

Key takeaways

• SuperWalk (GRND) is a utility token powering a Move-to-Earn ecosystem that incentivizes walking, running, and other physical activities.
• The token operates on a Proof-of-Stake (PoS) consensus mechanism, built on the Klaytn and Cypas blockchains.
• GRND has no fixed maximum supply, with new tokens minted through staking and ecosystem rewards.
• The project focuses on sustainable tokenomics, aiming to avoid the inflationary pitfalls common in early M2E models.
• GRND can be traded on major exchanges like BTCC, offering both spot and perpetual contract trading pairs.

What is SuperWalk? Key Specifications & Tokenomics

SuperWalk (GRND) is a utility token designed to power a decentralized fitness and lifestyle platform, rewarding users for engaging in physical activities like walking and running. It operates on the Klaytn and Cypas blockchains, leveraging a Proof-of-Stake (PoS) consensus mechanism for energy efficiency and scalability. The token has no fixed maximum supply, meaning new GRND tokens are minted continuously through staking rewards and ecosystem incentives, though the project employs a deflationary mechanism through token burns to manage inflation.

Who created SuperWalk (GRND)?

SuperWalk was developed by a South Korean team led by CEO Kim Jae-hoon, a former executive at Kakao and Ground X (the blockchain subsidiary of Kakao). The project was officially launched in 2022, with the team leveraging their deep experience in blockchain technology and mobile application development. The founding team includes experts from the gaming, fitness, and decentralized finance (DeFi) sectors, aiming to create a sustainable Move-to-Earn ecosystem that addresses the shortcomings of earlier M2E projects like STEPN. The project is backed by prominent investors, including Klaytn Foundation and Krust Universe, a blockchain-focused venture capital firm. The team has emphasized transparency and community governance, with regular updates and a clear roadmap for future development.

How does SuperWalk (GRND) work?

SuperWalk operates on a dual-token model, using GRND as the primary utility token alongside a secondary in-game currency called Sweat. Users earn Sweat by walking or running, which can then be converted into GRND tokens at a variable rate determined by the platform's algorithm. The process involves:

• Activity Tracking: Users connect their mobile devices to the SuperWalk app, which tracks steps and distance via GPS and accelerometer.
• Earning Mechanism: For every 1,000 steps, users earn a set amount of Sweat, which is capped daily to prevent abuse. The conversion rate from Sweat to GRND fluctuates based on demand and supply dynamics.
• Staking: GRND holders can stake their tokens to earn additional rewards, with staking periods ranging from 7 to 30 days. Staking also provides access to premium features, such as higher earning caps and exclusive NFTs.
• NFT Integration: Users can purchase and upgrade NFT sneakers, which boost earning rates and provide cosmetic customization. These NFTs are tradeable on the SuperWalk marketplace.

What makes SuperWalk (GRND) unique and valuable?

SuperWalk distinguishes itself from other Move-to-Earn projects through its focus on sustainability and real-world utility. Unlike early M2E models that suffered from hyperinflation and token crashes, SuperWalk implements several key features:

• Dynamic Reward System: The conversion rate between Sweat and GRND is algorithmically adjusted based on the platform's total user activity and token supply, preventing runaway inflation.
• Token Burn Mechanism: A portion of GRND tokens used for in-app purchases (e.g., NFT upgrades, staking fees) are burned, reducing the circulating supply over time.
• Partnerships: SuperWalk has secured partnerships with major South Korean brands, including Lotte and CJ ENM, allowing users to redeem GRND for real-world discounts and services.
• Community Governance: GRND holders can vote on key protocol changes, such as reward rates and new feature implementations, fostering a decentralized decision-making process.

What is SuperWalk (GRND) used for?

GRND serves multiple functions within the SuperWalk ecosystem:

• Reward Conversion: Users convert earned Sweat into GRND, which can be withdrawn to external wallets or traded on exchanges.
• Staking: GRND can be staked to earn passive income, with higher APYs for longer lock-up periods.
• In-App Purchases: GRND is used to buy and upgrade NFT sneakers, purchase energy refills, and access premium features like ad-free experiences.
• Governance: GRND holders can participate in voting on protocol upgrades, reward adjustments, and partnership proposals.
• Real-World Redemption: Through partnerships, GRND can be exchanged for vouchers, discounts, and services from participating merchants in South Korea and other regions.

How to buy GRND Coin?

GRND is a popular cryptocurrency listed on many exchanges. However, it is recommended to trade on a major platform like BTCC Exchange for higher liquidity and better customer support.

1. Register a BTCC Account:
   Sign up using your email or mobile number and complete the KYC verification to unlock more features and benefits of the platform.
2. Deposit Funds:
   Deposit fiat currency (via bank transfer, card, or third-party payment) or transfer USDT from an external wallet into your BTCC account. You can follow this guide.
3. Start Trading:
   Go to the trading page and search for the spot trading pair GRND/USDT or the perpetual contract GRND/USDT.
4. Place an Order:
   Enter the amount of GRND you wish to purchase and submit the order. For contract trading, you can also choose to go short (sell) and adjust the leverage multiplier according to your strategy and risk tolerance.
5. Confirm Your Purchase:
   For spot purchases, check your personal account to see if the coins have arrived. For contract trades, check the trading page to see if your order was filled successfully.