StepN will reward holders of their NFTs with an airdrop.

The airdrop is based on a snapshot taken on February 12th. In case you're not familiar, a snapshot is a static record of the blockchain, like a photo taken at a specific moment in time.

It is used to sort out those who have fulfilled the necessary conditions in the project before the deadline. This means that if you have done 100 times more for the project than others, but after this snapshot, the project will likely skip you.

During the airdrop, NFT owners will receive GMT tokens depending on the rarity of their sneakers. 

The amount of drop will range from 4,000 GMT (approximately $1,800) for rare sneakers to 32,000 GMT (approximately $14,000) for NFTs with epic rarity.

Stepn has stated that the airdrop is being conducted to reward early supporters who held onto their NFTs during the cryptocurrency bear market.