About Sweat Economy

Sweatcoin is a popular mobile fitness app that debuted in 2016. With over 110 million users globally, the app encourages healthier living by rewarding users for their daily physical activity.

Users earn an in-app currency called Sweatcoin, a non-crypto virtual token, as a reward for their physical activity. Recently, users gained the ability to convert Sweatcoin into SWEAT, a crypto token, which can be used to claim real-world prizes and experiences. As of September 2022, Sweatcoin holds the top spot as the most downloaded health and fitness app in 58 countries.

Sweat Economy is the newly launched web3 initiative of Sweatcoin. Within the Sweat Economy app, the SWEAT crypto token and Sweat Wallet cryptocurrency wallet were introduced. In just four months after the launch, over 13 million wallets were created. Additionally, Sweatcoin has secured $13 million in investor funding and plans to hold a public token sale and stronghold offering on the DAO Maker launchpad.