Sweatcoin: How can you turn your daily steps into real money?

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If you walk every day, why not earn from it? That’s the logic behind Sweatcoin, the app that turns your physical activity into real digital currency.

The Simple Idea That Changed the Game

Unlike traditional cryptocurrencies (like Bitcoin and Ethereum) which require powerful computers to mine, Sweatcoin is based on something simpler: your body.

Every 1,000 steps = 0.95 Sweatcoins

More movement → more coins → greater value (in theory)

The Real Numbers

  • 120 million users worldwide (as of May 2024)
  • 50 billion SWEAT tokens have already been mined
  • 600+ partner brands (Apple, Spotify, Audible, and more)
  • You can now swap your coins for real SWEAT tokens on the blockchain

How Is It Different from STEPN?

Sweatcoin: Completely free, no need to buy any NFTs

STEPN: Requires purchasing an NFT sneaker (huge initial cost) to earn GST and GMT

The result? Sweatcoin is more beginner-friendly, but STEPN offers higher earning potential for pros.

The Real Challenges

1. Ongoing inflation

Earning rate decreases over time:

  • Today: 0.95 SWEAT per 1,000 steps
  • After one year: 0.33 SWEAT
  • After 5 years: just 0.02 SWEAT

This means the value may drop if market demand doesn’t increase.

2. Long-term value problem

If millions of people join today, there will be a flood of tokens. Who will buy all that supply?

Real Uses for the Coins

✅ Buy sports gear and electronics from the internal marketplace

✅ Donate to charities (Save the Children, Cancer Research)

✅ Use services (Audible Premium, Headspace, TIDAL)

✅ Transfer to a crypto wallet and trade it

✅ Stake to the SWAT wallet for extra rewards

Tips to Earn Faster

  1. Use the 2x boost: Pick a 20-minute period of your most intense activity daily
  2. Invite friends: Get extra referral rewards
  3. Join challenges: Daily activities = extra coins
  4. Don’t stop: The app rewards consistency, not bursts

Security & Privacy

✓ No selling data to third parties

✓ Strong encryption for data transfer

✓ Second-level verification algorithm (to prevent cheating)

✓ Two-factor authentication (2FA) available

What’s Next?

The project plans for:

🎮 NFT Marketplace: Buy and sell NFTs with SWEAT tokens

🚴 New activities: Cycling and swimming alongside walking

🏛️ DAO decentralization: Users govern the ecosystem

Conclusion

Sweatcoin isn’t a way to get rich, but it’s a smart way to turn your daily routine into something valuable. If you’re already walking, why not earn some coins along the way?

The key: Be realistic about expectations. Don’t expect massive income, but the extra rewards and health motivation are worth it.

Getting started is simple: Download the app, give it location permissions, and start walking.

SWEAT-0.52%
GMT4.69%
GST0.95%
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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.
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