7/27/2023 0 Comments Sweat cryptoTherefore, no trackable market data can give us insight into what a single Sweatcoin is worth today. However, should sweat crypto ever be launched, I expect its initial price to be below $0.0001 due to millions of holders who will be looking to offload their assets. Currently, the project is yet to be launched. Therefore, its value remains worthless and cannot be exchanged on any trading platform. However, despite all these milestones, the project is yet to launch. In this article, we will be looking into the details of the Sweatcoin, the forthcoming sweat crypto and Sweatcoin price prediction. The project has also awarded over $15 million to its many users in the past few weeks. From brands that want to connect with health conscious audiences, insurers wishing to encourage healthier lifestyle choices and governments looking to reduce healthcare costs. The platform also has over 100 million active users. The value of a sweatcoin is derived from our wide-reaching partnerships. The sweat crypto has been in the market for years, with millions of users already having the application on their phones. ET, the Cincinnati Reds go for a sweep of the Colorado Rockies and an 11th-straight win. Since then, SWEAT price decreased 0.63x against US Dollar, decreased 0. He noticed that many people also go through the same cycle, and awarding them for their efforts would go a long way in helping them get back to exercise. The price of SweatCoin in the ICO was 0.00714 and the token sale ended on Sep 11, 2022. According to Fomenko, the idea sprung to his mind when he realized he had lost the urge to train after his previous start-up went under. The project was founded by Oleg Fomenko and Anton Derlyatka with the main goal of motivating people to work out. ![]() The concept of move-to-earn also awards its users after a workout. The concept behind the project is also based on move-to-earn, which heavily borrows from the play-to-earn model, which has existed for years and has been used by platforms to award active gamers for their time and effort when playing video games. Sweat will be running on the eco-friendly NEAR blockchain and the NEAR Foundation is also investing in the project. Therefore, many people who currently hold the project have acquired it throughout their move-to-earn mobile platform. Building SWEAT, the token on NEAR’s carbon neutral blockchain empowers more people to work towards a more sustainable future.Surprisingly, the project is not yet launched. “The company also aligns with our core values of sustainability. “One of NEAR’s core missions is to help onboard the world to Web3, collaborating with the Sweat Foundation allows us to take a step closer to that mission.” says Marieke Flament, NEAR Foundation’s CEO. Other institutional backers include Electric Capital, Spartan Capital, Jump Crypto, OKX Blockdream Ventures (the venture arm of OKX) and GSR, as well as high-profile founders and builders like Terra founder Do Kwon, Sandeep Nailwal, Founder of Polygon (MATIC) and Bjorn Wagner, Co-Founder of Parity (Polkadot).īy building the token on top of NEAR’s super fast, incredibly secure and infinitely scalable blockchain, SWEAT will be a unique showcase of a blockchain working at scale without fuss. Sweatcoin has selected eco-friendly NEAR as the blockchain for its token and the NEAR Foundation is investing in the project. “We’re turning movement into a valuable, recognisable currency with SWEAT: the token, and for those that are new to the space, it’s a little-to-no-financial-risk option to get on board and gain access to an asset that’s becoming increasingly harder to mint, helping us to achieve the mission of making the world more physically active by unlocking the value of movement,” said Oleg Fomenko, Co-founder at Sweatcoin. In creating the world’s first crypto token earnt through walking, Sweatcoin is pioneering a societal shift by empowering people to improve their health, and get paid for it. ![]() Sweatcoin’s innovative model has been developed to radically incentivise the single most important part of people’s lives - their health. SWEAT will be issued by the Sweat Foundation, a BVI headquartered crypto entity and Sweatcoin’s partner in launching the Sweat Economy, after the Token Generation Event (TGE) scheduled for this northern hemisphere summer. ![]() This will be one of the biggest onboarding of people into crypto in history.ĭesigned to capture the value of movement, this revolutionary cryptocurrency will be minted purely by steps. The 63+ million Sweatcoin users, who’ve walked over 20 trillion steps together, will have the opportunity to have their in-app sweatcoins matched 1:1 with SWEAT tokens at a token generation event (TGE) timed for this summer. ![]() Sweatcoin’s ongoing mission is to launch a global currency based on the value of steps and movement. Sweatcoin, the London-based tech company on a mission to inspire a healthier planet by motivating people to move more, will announce the imminent launch of SWEAT: the Token at the Paris Blockchain Week Summit tomorrow. Launch of the SWEAT token will allow the 60 million strong Sweatcoin community to earn crypto through walking
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