What is sweatcoin and how it works 2022: Full Details

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Sweatcoin is a free app which rewards you for your daily steps with earnings in the form of a new-generation cryptocurrency (SWEAT). You can exchange SWEAT with fiat currencies through numerous exchanges, send it to friends and family, or simply save it into your wallets.

What Is Sweatcoin And How It Works

What Is Sweatcoin App

Sweatcoin is a free mobile app that counts your steps or footstep and turns them into a digital currency called SWEAT

Also, sweatcoin, can be explained as a free app that rewards your daily steps with a new generation currency, which can be spent on cool products, donate to charity or convert into SWEAT coin.

How Sweatcoin Works

Sweatcoin works by tracking and verifying your daily steps using a verification algorithm. Your steps get converted into SWEAT currency – sweatcoins! You can then spend these sweatcoins in the app within the “spend’ section.

1,000 steps = 1 Sweatcoin. The team charges 5% commission per sweatcoin created Now you earn 0.95 Sweatcoins per 1,000 steps. This is so, in order to keep the lights on, and continue to provide Sweatcoin for everyone to enjoy.

Sweatcoin is created with the desire to help people move more and stay motivated along the way. The team is passionate and wants to deliver you all the best product possible.

How To Get Started?

To get started, all you need to do is to follow the below process.

  • Click here to register or open the invitation code link below

https://sweatco.in/hi/realwinnertips

  • Fill out the necessary information (valid email address, phone number number) and other details

Sweatcoin Founder

Sweatcoin was founded by Oleg Fornenko and Anton Derlyatka in the year 2016

Sweatcoin subscription plan

There are two plans in the earning app which are the free and premium plan

Free Plan: This plan is total free forever but for every 1,000 steps made you will be entitled to earn 1 sweatcoin (1,000 steps = 1 Sweatcoin) upto a maximum of 10,000 steps per day

Premium plan: This is a yearly plan, where you pay some amount of money in order to unlock the premium features. You will earn double sweatcoin for every step you make per day.

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Difference Between Sweatcoin Free Plan And Sweatcoin Premium Plan

S/N

Sweatcoin Free Plan

Sweatcoin Premium Plan

1.

1,000 steps = 1 Sweatcoin

1,000 steps = 2 Sweatcoin

2.

Maximum of 10,000 steps per day

Unlimited daily steps per day

3.

1x Sweatcoin per day

2x Sweatcoin per day

Difference Between Sweatcoin Free Plan And Sweatcoin Premium Plan

Sweatcoin Price to USD

Sweatcoin has not been listed on any exchange at the time of writing. It is difficult to determine the actual price because there is no official sweatcoin market cap.

We can only know the real price of Sweatcoin when Sweatcoin (Sweat) is finally launched on the 13th September 2022.

Sweatcoin Roadmap

September 2022

Phase one

  • Token Generation Event (TGE)
  • Sweat Wallet App
  • SWEAT staking (Grow)
  • MVP: Rewards for staking SWEAT
  • 3D NFT Symbol
  • Sep – Dec 2022
  • Phase two
  • SWEAT NFTs
  • Fiat on-ramp: buy SWEAT and crypto with fiat
  • Adding further rewards for stacking
  • Inactivity fee
  • 3D weird mechanical shape

2023

Phase three

  • SWEAT DAO: governance and on-chain voting
  • NFT marketplace
  • Exchange crypto for crypto (DEX intergration)
  • Crypto marketplace curated offers
  • Stacked 3D coins

2024 Onwards

Phase four

  • Support the creation of an entire community of movement
  • Movement data analytics
  • New Movement Validators e.g. cycling, swimming etc.

Sweatcoin Minting Difficulty: How many Sweatcoins is 1000 steps?

2022

1,000 steps = 1 SWEAT

2023

1,000 steps = 0.33 SWEAT

2024

1,000 steps = 0.19 SWEAT

2027

1,000 steps = 0.06 SWEAT

2032

1,000 steps = 0.02 SWEAT

Do I need to have mobile data enabled for the app to work?

The answer is “NO”, Sweatcoin works with or without mobile data, as it catches back up when you enter a wifi zone. The app continues to work in the background tracking steps and geolocation.

Sweatcoin will function without data, however, your phone requires you to connect to the servers once a day to send your data for verification and for you to receive your sweatcoins.

You can simply go to your mobile data settings and let the sweatcoin app exchange data with the server only when you have a wifi signal. This will not stop the app from counting, but will delay you receiving your sweatcoins or being able to see the sweatcoin marketplace in real time.

Which Countries Is Sweatcoin Available In?

Currently, Sweatcoin is available in the following countries:

Afghanistan

Albania

Algeria

Angola

Anguilla

Antigua And Barbuda

Argentina

Armenia

Australia

Austria

Azerbaijan

Bahamas

Bahrain

Bangladesh

Barbados

Belgium

Belize

Benin

Bermuda

Bhutan

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Bolivia

Bosnia & Herzegovina

Botswana

Brazil

British Virgin Islands

Brunei Darussalam

Bulgaria

Burkina Faso

Cambodia

Canada

Cape Verde

Cayman Islands

Chad

Chile

Colombia

Congo, Democratic Republic

Costa Rica

Cote Divoire

Croatia

Cyprus

Czech Republic

Denmark

Dominica

Dominican Republic

Ecuador

Egypt

El Salvador

Estonia

Fiji

Finland

France

Gabon

Gambia

Georgia

Germany

Ghana

Greece

Grenada

Guatemala

Guinea-bissau

Guyana

Honduras

Hong Kong

Hungary

Iceland

India

Indonesia

Iraq

Ireland

Israel

Italy

Jamaica

Japan

Jordan

Kazakhstan

Kenya

Kuwait

Kyrgyzstan

Lao Peoples Democratic Republic

Latvia

Lebanon

Liberia

Libya

Lithuania

Luxembourg

Macao

Macedonia

Madagascar

Malawi

Malaysia

Maldives

Mali

Malta

Mauritania

Mauritius

Mexico

Micronesia

Moldova

Mongolia

Montenegro

Montserrat

Morocco

Mozambique

Namibia

Nauru

Nepal

Netherlands

New Zealand

Niger

Nigeria

Norway

Oman

Pakistan

Palau

Papua New Guinea

Paraguay

Peru

Philippines

Poland

Portugal

Qatar

Romania

Rwanda

Sao Tome & Principe

Saudi Arabia

Senegal

Serbia

Seychelles

Sierra Leone

Singapore

Slovakia

Slovenia

Solomon Islands

South Africa

South Korea

Spain

Sri Lanka

St. Kitts and Nevis

St. Lucia

St. Vincent & The Grenadines

Suriname

Swaziland

Sweden

Switzerland

Taiwan

Tajikistan

Tanzania

Thailand

Tonga

Trinidad and Tobago

Tunisia

Turkey

Turkmenistan

Turks and Caicos

Ukraine

United Arab Emirates

United Kingdom

United States

Uruguay

Uzbekistan

Vanuatu

Venezuela

Vietnam

Zambia

Zimbabwe

If your country is not on the list, don’t fret! Sign up to the notification list on Sweatco.in – the team will let you know as soon as Sweatcoin is ready to be launched in your country.

You can follow Sweatcoin on social medias

Sweatcoin Social Media Handles

Telegram

Facebook

Twitter

Instagram

Can I send/receive sweatcoins to/from friends/other users?

Yes, Any registered user can send & receive sweatcoins.

How To Transfer Sweatcoin

To transfer sweatcoins, go to your Balance and select ‘Transfer’ and fill in the person’s username (this is not simply their name so make sure you have the right username i.e. realwinnertips. You can also make direct transfers from your friend’s profile page – just click the “Send” button.

Always double check that you have the right username of the person you’re trying to send to as the transactions can’t be reversed

What Are Sweatcoin Used For?

Sweatcoin can be used to purchase products, donate to charity and also convert to fiat currency (local currency).

Conclusion

Whether you want to skip,swim,cycle,hike,or simply walk the block,you will earn for it.

Get started today! https://sweatco.in/hi/realwinnertips

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