STEPN will release an NFT collection with the Atletico Madrid team

Fitness app STEPN and the Spanish La Liga soccer club Atletico Madrid announced the launch of a collection of non-exchangeable tokens (NFT).

The collection will include 1,001 pairs of NFT sneakers for the Move-to-Earn app. A third partner will be cryptocurrency trading and lending platform WhaleFin.

The NFT collection is scheduled for release on August 26. It will include 850 common, 140 unusual and 11 rare tokens.

Each NFT owner automatically becomes a participant in a drawing for tickets to Atletico Madrid’s home games with travel and hotel accommodations. Buyers of unusual sneaker tokens will receive club jerseys.

Recall that in the second quarter of 2022, STEPN made a profit of $122.5 million from application fees.

Earlier, the platform was subjected to a massive DDoS attack.