In the Move-to-Earn world, Sweatcoin is not just another fitness app. It's a completely different experience:
The Simple Idea:
Every 1,000 steps = 0.95 Sweatcoins
Without purchasing any NFTs ( other than STEPN)
Automatic tracking via GPS and health data
So far: more than 120 million users worldwide
Important Evolution:
It started with simple Sweatcoins, but now the SWEAT token on the blockchain offers more:
Trade on decentralized exchanges
Staking to earn rewards
Buying NFTs in the future
Integrated Sweat Wallet
Exciting Economies:
Start: 1 SWEAT / 1,000 steps
After a year: it drops to 0.33 SWEAT
After 5 years: only 0.02 SWEAT
The goal is to limit supply and make the currency scarcer.
The real challenge:
Like STEPN, maintaining the value of the currency as supply grows is not easy. But future plans include:
Expanding activities ( cycling, swimming )
Transition to a decentralized DAO
Partnerships with 600+ brands
The real question:
Will it succeed in balancing the stimulation of physical activity and maintaining the value of the token? Or will it fall into the same trap as other Move-to-Earn applications?
Security and Privacy: The app does not sell user data, employs strong encryption, and verifies steps with a second algorithm to prevent fraud.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Walking and earning from cryptocurrencies? 🚶 Sweatcoin turns your steps into SWEAT.
In the Move-to-Earn world, Sweatcoin is not just another fitness app. It's a completely different experience:
The Simple Idea:
Important Evolution:
It started with simple Sweatcoins, but now the SWEAT token on the blockchain offers more:
Exciting Economies:
The real challenge:
Like STEPN, maintaining the value of the currency as supply grows is not easy. But future plans include:
The real question:
Will it succeed in balancing the stimulation of physical activity and maintaining the value of the token? Or will it fall into the same trap as other Move-to-Earn applications?
Security and Privacy: The app does not sell user data, employs strong encryption, and verifies steps with a second algorithm to prevent fraud.