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Stepp App shuts down following the NFT bubble burst

Step App announces the definitive closure of its operations after four years.

Published 13h1 sourceNotable
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The fact

A symbol of Move-to-Earn, the project saw its virtual sneakers traded for thousands of dollars.

Its decline reflects the bursting of the NFT bubble and the end of a speculative business model.

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Why it matters

La fermeture de Stepp App marque la fin d'un écosystème spéculatif autour des NFT, affectant les investisseurs ayant misé sur des actifs virtuels à forte valorisation.

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Auto-synthesis from 1 media source · identified on August 6, 2026
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