SWEAT/SWEAT#598 0

What is Sweat Economy (SWEAT)?

Sweat Economy (SWEAT) is a move-to-earn cryptocurrency designed to reward users for physical activity, particularly walking. Built on the NEAR Protocol blockchain, SWEAT extends the concept of the Sweatcoin app by introducing a Web3-based economy where movement is directly converted into cryptocurrency.

What makes Sweat Economy unique is its approach to incentivizing physical activity through blockchain technology. Unlike traditional fitness reward systems, SWEAT is a fully tradable asset with utility beyond just in-app purchases. It can be staked, used for transactions, and integrated into decentralized finance (DeFi) applications.

The system operates through a minting mechanism—as users walk, they generate SWEAT tokens, which are stored in the Sweat Wallet. Over time, the difficulty of minting new tokens increases, ensuring scarcity and long-term value.

Sweat Economy was founded by Oleg Fomenko and Anton Derlyatka, initially launching Sweatcoin in 2015 as a non-crypto fitness rewards app. To expand into blockchain, they introduced SWEAT, with its mainnet going live on September 12, 2022, on the NEAR Protocol.

Key Features

• Move-to-Earn Model: Users generate SWEAT tokens based on the number of steps they take, making exercise financially rewarding.
  
  
• Blockchain Integration: Built on the NEAR Protocol, ensuring high-speed transactions with low fees.
  
  
• Gradual Token Scarcity: Over time, more steps are required to mint each SWEAT token, preventing inflation.
  
  
• Sweat Wallet: A dedicated app that allows users to store, transfer, and stake their SWEAT tokens.
  
  
• Ecosystem Utility: SWEAT can be used for staking, transactions, exclusive offers, and future DeFi services.

What is SWEAT Coin?

SWEAT is the native cryptocurrency of the Sweat Economy ecosystem, distinct from the original Sweatcoin, which was a non-crypto digital reward. With SWEAT, users earn a blockchain-backed asset that can be traded, staked for additional rewards, and used within decentralized applications (dApps). It also enables purchases of goods and services within the Sweat Economy ecosystem and has potential future integration with fitness and healthcare services.

Road map Of Sweat Economy as of 01/04/2025

The Sweat Economy road map outlines the next phases of development and expansion:

Q2 2025 – Expanded Staking & Rewards: Introduction of new staking pools and additional yield-generating opportunities.
Q3 2025 – NFT Integration: Users can earn and trade fitness-based NFTs.
Q4 2025 – Gamification Features: Launch of leaderboards, fitness challenges, and competitions with SWEAT rewards.
2026 and Beyond – Full DeFi Integration: SWEAT will be integrated into decentralized exchanges, lending platforms, and real-world applications.

Where to Buy SWEAT Token?

Where can you buy a sweat coin (Sweat economy)?
You can buy SWEAT Coin on popular exchanges like OKX, Gate.io, HTX, Bybit, KuCoin, MEXC, Bitget, BitMart, AscendEX, and Uniswap V3. These platforms offer SWEAT/USDT or SWEAT/USDC trading pairs, ensuring accessibility, liquidity, and competitive pricing for both beginners and experienced crypto traders.