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Find Satoshi Lab

Web3 gaming studio behind STEPN and other products

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RD Popularity Index

210.00% (24h)
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Project Rank: 3976/12941

RD Growth Index

3990.00% (24h)
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Project Rank: 863/12941

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About Find Satoshi Lab

Find Satoshi Lab is the on-chain app studio behind STEPN, whose products centre on move-to-earn: after buying an NFT sneaker, a user's outdoor walking or running is tracked by GPS, and GST and GMT are settled according to sneaker attributes, speed matching and a daily energy allowance. It turns physical movement into a verifiable output receipt, constraining reward emission through sneaker durability and mint cost, with anti-cheat models aimed at spoofed location and scripted batches.

The line-up also includes STEPN GO, the NFT marketplace MOOAR, the DOOAR exchange and the strategy game Gas Hero, all sharing GMT as a cross-product settlement and governance asset so that movement, trading and gaming sit under one account system. Customers are mobile consumers; the entry point is a phone app with wearable-style incentives rather than an open-world game.

Updated: Oct 30, 2026

Find Satoshi Lab was founded in 2021 by Yawn Rong and Jerry Huang as a Web3 product development studio. Early on, it focused on bridging Web2 to Web3. In 2021, it launched STEPN, pioneering the Move-to-Earn model that rewarded users with tokens for exercising, combining on-chain gaming with lifestyle and becoming a phenomenon.

In 2022, FSL launched DOOAR, a multi-chain DEX, and MOOAR, a multi-chain NFT marketplace, forming an ecosystem where STEPN, DOOAR, and MOOAR support each other, reducing reliance on external platforms. MOOAR went live on Solana and Ethereum as a community-driven venue for creation and trading.

Later, FSL released Gas Hero, a strategy game exploring new paradigms combining social interaction and on-chain economy, and introduced GMT Pay, a crypto payment solution that provides unified payment infrastructure and expands the utility of the GMT token.

These milestones established FSL's path from a single app to a multi-product ecosystem.

Updated: Sep 5, 2026

On 13 July 2026 Find Satoshi Lab's STEPN GO launched Challenge Capsules and the Rainbow Capsule event with a guaranteed pool of 1 million to 2 million GMT that scales with participation, while the STEPN Around The World 2026 football campaign allocated 500,000 GMT in rewards. GMT Pay now supports Ethereum, BNB Chain and the GGUSD stablecoin, connecting in-app earnings to Mastercard spending.

In April Find Satoshi Lab's STEPN ran a week-long Rabbids crossover leaderboard event with GGBox and USDT prizes to lift daily activity, but GMT fell to an all-time low near $0.007 on 25 June 2026 and the circulating market cap dropped to roughly $20 million, underscoring the continued contraction of move-to-earn.

Find Satoshi Lab's Future strategy and roadmap: the studio will concentrate resources on STEPN GO and GMT Pay, using brand collaborations, seasonal events and a cross-app points system to rebuild engagement while continuing quarterly buybacks and burns funded by revenue.

Updated: Oct 30, 2026

Jerry Huang — Co-founder; graduated in Computer Science from Zhejiang University in 2008, with over a decade of experience in game development, operations and marketing.

Yawn Rong — Co-founder; holds a Master's in Advertising, PR and E-Marketing from Unisa, co-founded Crypto SA and serves as an Algorand business ambassador.

Shiti Manghani — Chief Executive Officer; a global leader with 15 years of experience across three continents and former COO of STEPN.

Mable Jiang — Chief Revenue Officer; former General Partner at Multicoin Capital.

Updated: Oct 30, 2026