About Sweat Economy Airdrop
Sweat Economy Airdrop shares the principles of Sweatcoin, but leverages DeFi, NFTs and decentralized governance to unlock new value, which is returned to the user. Sweat Economy rewards movement to inspire a healthier, wealthier planet. For everyone.
Sweat Economy is airdropping free SWEAT for downloading the app and walking. Download the Sweatcoin app and walk to earn free Sweatcoins. At TGE each Sweatcoins will be converted to SWEAT tokens at a ratio of 1:1. You will earn 1 SWEAT for every thousand steps. Also get 5 SWEAT for each referral.
| Platform | Total Value | Max. Participants | Website |
|---|---|---|---|
| NEAR | N/A | Unlimited | Click Here To Visit |
WEAT: the Token
A new cryptocurrency you generate with your steps. SWEAT will be available to any Sweatcoin user. The Token Generation Event can be the largest crypto distribution in history.
Making crypto accessible to everyone
The Sweatcoin App converts steps into a new crypto, SWEAT, offering millions easy access to the world of cryptocurrencies. There’s no capital at risk. No investment required. Only your steps.
Sweat Economy is designed to bring real value to movement
Airdrop Review: In Q1 of 2022, users exchanged their sweatcoins for $70M worth of goods and services via the Sweatcoin marketplace for user movement and engagement. To learn more about the value of movement.
The Token Generation Event
The Sweat Foundation will make an offer for every Sweatcoin user to opt-in to claim 1 SWEAT for every sweatcoin in their wallet, without burning their sweatcoins. The TGE will occur in Q3 2022. At TGE, the Sweat Foundation will mint enough SWEAT to match the sweatcoins of users who have opted-in.
The team who brought you Sweatcoin know that usership alone does not guarantee a successful product. They have not only created an app people love, but created sustainable ways to monetize user engagement and movement.
Walk the talk
Product market fit has been validated by Sweatcoin’s success. That a centralized, regional, “walled garden” currency with a limited range of rewards has gained such popularity testifies to the strength of the product, and the simple fact that people love to earn rewards for their steps. It is an offering that has spoken to brands, institutions, and users alike.
Product market fit has been validated by Sweatcoin’s success. That a centralized, regional, “walled garden” currency with a limited range of rewards has gained such popularity testifies to the strength of the product, and the simple fact that people love to earn rewards for their steps. It is an offering that has spoken to brands, institutions, and users alike.
Token design
SWEAT is minted solely by verified movement. Therefore, a stable number of users increases minting “input” (steps). An increase in users increases the input. A change in user habits – all users walking more because of intention and rewards – makes the input rise exponentially. Each SWEAT will require more steps to mint than the last.
To achieve vision of making the world more physically active, SWEAT will be harder to mint with time. Not only does this incentivize users to get moving now – as their movement generates more SWEAT today than tomorrow – it preserves the utility of SWEAT as the model represents an ever increasing marginal cost of production.
The open economy of movement is enabled by SWEAT. It is a new market, a new economy, in which anyone, anywhere, can be rewarded in increasingly attractive ways, for any form of physical activity. Cycle to work. Swim in the sea. Walk the dog. Jog around the park. Hike a mountain. The open economy establishes a new paradigm, where you are rewarded for your contribution to society by being active.