With the evolving landscape of blockchain technology and crypto, many move-to-earn platforms have been launched, providing users with an alluring opportunity to earn rewards while making physical movements like walking. Sweat Economy falls into this category, where every movement is converted into rewards. Through the Sweat Economy app, users can track their steps on smartphones or wearables and sweat coins ($SWEAT) for their daily footsteps. In this article, we’ll let you know everything about the Sweat Economy,
What Is Sweat Economy?
It is an ecosystem created to build healthy lifestyles among people, rewarding them with SWEAT cryptocurrency for their every movement. Living in a world full of lifestyle diseases and pandemics, staying healthy is important, well-balanced health involves casting mind and body to a good state, which can be achieved by regular exercise and movements, this is what Sweat Economy aims. The Sweat Economy began its journey back in 2025 with the launch of Sweatcoin as a Web 2 app, later moved to Web3 with the development of Sweat Wallet in the NEAR blockchain.
SWEAT: Facilitating The Sweat Economy Ecosystem
SWEAT is the cryptocurrency that facilitates transactions in the Sweat Economy ecosystem. The coin can be used for governance and staking in the Sweat Economy platform.
- Governance: The holders of SWEAT tokens are given governance rights in the Sweat Economy platform, they can cast votes on different decisions, enabling decentralization. The SWEAT ownership determines how the platform will develop and operate, the higher the SWEAT token one holds the higher the governance right he holds.
- Staking: The SWEAT tokens can staked in the Sweat Economy ecosystem, enhancing user confidence while maintaining network security. Users stake their SWEAT tokens as collateral in the networks to verify activity and are incentivized based on the number of tokens they staked.
- NFT Purchase: SWEAT tokens have transaction value, users can buy and sell NFTs by exchanging SWEAT tokens.
Sweatcoin: Where You Can Earn SWEAT
Sweatcoin is an app where you can earn SWEAT. This free-to-download app is available on both iOS and Android devices, offering users unique features where they can earn rewards for walking and running. Depending on the user’s priority and outdoor activities, different amounts of SWEAT tokens are rewarded. For every 1000 steps, 0.95 SWEAT coins are rewarded.
NEAR Blockahin: Where SWEAT Resides
SWEAT is built on the NEAR blockchain. Known for its cross-platform compatibility, and longevity across various networks, NEAR promises low transaction costs, improved efficiency, and high security to Sweat Economy users.
When a user acquires a certain number of SWEAT tokens on the Sweatcoin app, they are directly converted into Non-Fungible Tokens (NFTs), which can be redeemed for products and services available in the Sweatcoin marketplace.
Integrating NEAR blockchain, it enhances user experience, offering increased speed and trustworthiness in transactions promoting quick closure of transactions. Protecting user information and facilitating smart contracts, NEAR blockchain acts as a key player in the growth of the Sweat Economy ecosystem.
Sweat Wallet
Sweat Wallet allows users to send, store, and buy SWEAT tokens. By syncing their steps from the Sweatcoin app, users receive SWEAT tokens for every step in their Sweat Wallet. They can deposit the tokens to earn staking rewards, contributing to the growth and development of the Sweat Economy. Users can play different games on the Sweat Wallet where they get rewards for successfully completing the games, the games include quizzes.
How Does Sweat Economy Work?
It pays its users for walking running, and various other physical activities. Users have to consistently utilize the platform without fail to receive a promising reward. The earnings from Sweatcoins, the app for tracking steps, are converted into SWEAT tokens, which can be exchanged for discounts on purchases. Players can earn from the Sweat Economy in various ways, including NFTS, referrals, staking, games, and participating in marathons. Users can lock their SWEAT tokens in the Growth Jars, and on completing the locking period they yield earnings from the locked assets. The SWEAT tokens can be exchanged with different other tokens such as NEAR, AURORORA, ETH, USDC, etc.
Limitations Of Sweat Economy
It’s true that Sweat Economy offers an interface where users can track their real-time movements to earn SWEAT tokens that offer real-time value. However, the need to interact with Blockchain technology and know its basics can be overwhelming to some people, limiting them from utilizing the platform. In addition, the volatile nature of crypto makes things unpredictable, ie the value changes drastically impacting the earnings from Sweat Economy. The current reward system is not enough to incentivize the increasing number of users to maintain their workouts consistently.
Bottom Line
Sweat Economy allows users to earn $SWEAT tokens by engaging in physical activities like walking and running. The team behind Sweat Economy aims to create a generation that prioritizes a healthy lifestyle, and the opportunity to earn from physical activities is the best strategy to engage users in such activities. However, the volatility of crypto can affect the rewards earned, sometimes they can offer large earnings while in some cases no earnings at all.