Sweat Economy – Sweat Economy is a web3 initiative that builds upon the existing Sweatcoin app, a popular fitness app launched in 2016.

Sweat Economy is a web3 initiative that builds upon the existing Sweatcoin app, a popular fitness app launched in 2016. Here’s a breakdown of Sweat Economy and how it integrates with Sweatcoin:

Sweatcoin App:

Tracks your daily steps using your smartphone or fitness tracker.
Rewards users with Sweatcoins (non-crypto) for their physical activity.
Earned Sweatcoins can be redeemed for various discounts and rewards offered by partnered merchants within the Sweatcoin app.
Sweat Economy (SWEAT):

The crypto token associated with Sweatcoin.
Users can earn SWEAT by syncing their Sweatcoin app data with Sweat Economy. (Earning rates and mechanics may change)
SWEAT can be used for various purposes within the Sweat Economy ecosystem, including:
Governance: Participate in voting on proposals that shape the future of Sweat Economy.
Staking: Earn rewards by locking up your SWEAT tokens for a set period.
Accessing exclusive features and experiences within the Sweat Economy app (planned for future development).
Overall, Sweat Economy aims to:

Motivate people to live a healthier and more active lifestyle by rewarding them for their steps.
Create a sustainable Move2Earn model through SWEAT, the crypto token.
Build a strong community of users passionate about health and fitness within the Sweat Economy ecosystem.
Here are some things to consider about Sweat Economy:

Early Stage: Sweat Economy is a relatively new project, and its long-term functionality and tokenomics are still under development.
Sweatcoin Integration: Earning SWEAT through Sweatcoin app integration is subject to change and may evolve over time.
Volatility of SWEAT: As a cryptocurrency, the value of SWEAT can fluctuate significantly.
Resources for Further Reading:

Sweat Economy Website: https://sweateconomy.com/
Sweatcoin Website: https://sweatco.in/
Sweat Economy Price Chart (CoinMarketCap): https://coinmarketcap.com/currencies/sweat-economy/
Sweatcoin (CoinGecko): https://www.coingecko.com/en/coins/sweat-economy