Step ecosystem is home to hundreds of thousands of users who participate in fitness, generating valuable health data. This data is precious to multi-billion dollar insurance firms.
However, Step ecosystem is re-defining big data utility. Rather than value through its scale, the ecosystem uses AI for market efficiency – for you.
Step ecosystem has developed proprietary AI that to track the active lifestyle of users. This anonymized data signifies to insurance firms which customers are of low risk to utilize insurance claims.
This allows insurance providers to become more competitive by reducing cost for those who pursue an active lifestyle.
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Through Step ecosystem’s AI product, move-to-earn reaches a new form of sustainability. Billions of people across the world pay insurance premiums.
Now, they can earn large chunks of their premium back due to discounts and rebate simply by moving.
Step economy is entering a stage where it capitalizes on the
health and life insurance markets.
While NFTs are a novel subject for the masses, insurance is a well-understood product. Savings on such a high consumption service make Step attractive at a global household scale.
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Insurance needs create a demand among people who never touched crypto before. The user friendliness of Step App makes it easy to shift newcomers to other Step ecosystem products.
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Purchase of discounted insurances through the Step marketplace generates commissions. These can be used to boost FITFI market liquidity.
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