Sweat Economy Enters U.S. and Eight New Countries
Sweat Economy, a web3 ecosystem promoting physical activity, is now available in the U.S. and eight additional countries.
The Deets
- Expansion to U.S., Bahamas, Barbados, Botswana, Ghana, Jamaica, Pakistan, Zimbabwe, and Uganda.
- Historic vote: 380K users burned and reallocated idle tokens for this launch.
- Originates from the popular Sweatcoin app with over 140M users since 2015.
- Main focus: Tokenizing physical activity with $SWEAT on the NEAR Protocol.
The Bulk
Originating from the renowned Sweatcoin app, which boasts more than 140 million registered users since its inception in 2015, Sweat Economy rides the waves of its predecessor's success.
By integrating the Sweatcoin app, users can authenticate their movements, turning their activities into tokens. Once verified, they're rewarded with the $SWEAT token on the NEAR Protocol.
After joining Sweat Wallet, participants can earn $SWEAT tokens by being active. These tokens have multiple utilities, from being stashed in "Growth Jars" for multiplication to unlocking exclusive ecosystem rewards. Users can also play the Sweat Hero NFT game free of cost for more $SWEAT or buy the token in-app using the MoonPay fiat gateway.
📊 By the Numbers
- Sweatcoin boasts over 140M registered users, with activity levels increasing by 20% post-download.
- Collaborations with 800+ brand partners including Adidas, Paramount, and Amazon.
- Over 100 charitable organizations have benefited from Sweatcoin's contributions.
🎤 Founder Feedback
By expanding into these new territories, we aim to galvanize a renewed interest in physical activity and incentivize people to lead healthier lives, heralding the era of the next billion users in the movement economy.Oleg Fomenko, co-founder of Sweat Economy
🎬 Take Action
Looking to monetize your physical activity? Download the Sweatcoin app and Sweat Wallet from the App Store or Google Play Store and join the ecosystem.
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