Move-to-earn? What makes Sweatcoin so popular?

Recently, a new concept has exploded in the crypto community—Move-to-Earn. Today, let’s dig into the top player, Sweatcoin, and see how it turns your daily walking into real money.

How Does This App Make Money?

The core logic is straightforward: Walk → Accumulate steps → Convert to tokens → Spend or trade.

The Sweatcoin app tracks your steps using your phone’s GPS and motion sensors. For every 1,000 steps, you get 0.95 Sweatcoins. These coins can be used in the in-app marketplace to buy things—from fitness gear to electronics, gift cards, or even donate to charity.

The key point: It’s completely free to use, with no entry barrier like STEPN’s requirement to buy NFT sneakers.

How Is the Tokenomics Designed?

In September 2022, Sweatcoin launched its own blockchain token, SWEAT, which is the real crypto asset. There are currently over 120 million users who have collectively mined more than 50 billion SWEAT.

The tokenomics is pretty interesting:

  • Initial mining rate: 1,000 steps = 1 SWEAT
  • Decreasing mechanism: To control inflation, the rate drops annually—after one year it’s 0.33 per 1,000 steps, after five years only 0.02
  • Daily cap: You can mine up to 5 SWEAT per day (unless you stake tokens to increase your limit)
  • Fees: The app charges a 5% commission for rewards distribution and operations

In other words, the earlier you join, the better. But as more users join, individual rewards will inevitably be diluted—this is a hurdle all Move-to-Earn models face.

Sweatcoin vs. STEPN: Which Is Better?

Both are popular Move-to-Earn apps, but their approaches are completely different:

Comparison Sweatcoin STEPN
Entry Barrier $0 (Free) Need to buy NFT sneakers
Number of Tokens 1 (SWEAT) 2 (GST + GMT)
Earning Cap Daily limit of 5 (can be increased) Relatively flexible
User Friendliness ★★★★★ ★★★

Conclusion: Sweatcoin is more suitable for beginners, while STEPN is better for DeFi veterans who want to dive deeper.

Is It Legit? How Is Privacy Protected?

Key points:

Data Privacy: The app won’t sell your data to third parties, and does not do advertising tracking

Encrypted Transmission: Uses strong encryption algorithms to protect data storage and transmission

Anti-Cheating: Two-layer verification algorithms detect cheating to ensure rewards are based on real steps

Two-Factor Authentication: Users can enable 2FA to protect their accounts

⚠️ But be aware: The app needs access to GPS and motion sensors, meaning your location data will be recorded. However, the official statement is that only necessary data is collected and won’t be misused.

What’s the Future? Where’s the Investment Value?

Currently, over 600 brands and organizations partner with Sweatcoin, including Apple, Headspace, TIDAL, and even the UK’s NHS (National Health Service)—showing the ecosystem is expanding.

Risks and opportunities coexist:

🚀 Positive Factors:

  • Huge user base (120 million+)
  • Brand partnerships keep expanding
  • Plans to integrate more wearables (Fitbit, Garmin, etc.)
  • Preparing an NFT marketplace and new activity modes (cycling, swimming, etc.)
  • Plans to evolve into a DAO (Decentralized Autonomous Organization)

⚠️ Risk Factors:

  • Token supply keeps increasing, and inflation pressure will rise as more users join
  • Needs to continually keep users engaged and interested
  • Intensifying competition from other Move-to-Earn projects

How to Get Started?

Four simple steps:

  1. Download the Sweatcoin app (App Store or Google Play)
  2. Register an account (email/Google/phone number all work)
  3. Allow the app to access GPS and motion sensors
  4. Link your phone’s health data (or connect devices like Fitbit)

Then just start walking. To maximize your earnings:

  • Walk as much as possible, especially outdoors for more accurate step counting
  • Use the daily 2x boost feature (choose your most active 20-minute window)
  • Participate in daily in-app challenges
  • Invite friends (extra rewards)
  • Stick with it—consistency matters

Conclusion

Sweatcoin takes a brilliant angle into the crypto world—combining fitness incentives with blockchain, letting ordinary people participate without barriers. Compared to traditional crypto mining, which requires high-end hardware and expertise, this model is much more accessible.

But it’s still essentially a growth game: As long as new users keep joining, the brand ecosystem expands, and token demand stays strong, the project can continue. Otherwise, there could be inflation pressure and waning user enthusiasm.

Simply put: If you already have the habit of exercising, using Sweatcoin is an easy way to earn some extra cash; if you’re only moving for the money, you might not stick with it long.

SWEAT-12.42%
GMT0.05%
GST3.75%
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