What is Sweatcoin? Sweatcoin launched in 2015 with a mission to get the world moving more. The free-to-download app counts a users’ daily steps and converts them into sweatcoins – the reward currency – that can be spent on goods and services in the in-app marketplace (from brand partners such as Audible, Reebok, Apple, Headspace etc) or donated to charities (such as WWF, Cancer Research, Save the Children etc). And it works. The app has been downloaded by over 76M users globally with the average user moving 20% more than they did prior to using the app.
Sweatcoin had always envisaged crypto as the perfect way to truly realise and quantify the value of movement (hence the name) but back in 2015, the market and technology wasn’t ready for mass user adoption. It is now and last month, Sweatcoin announced the forthcoming launch of SWEAT – the token – giving all Sweatcoin users the potential to see their sweatcoins matched with free SWEAT at the upcoming TGE in July. So far, (in <1 month) over 4.3 Million users have opted in and created a SWEAT crypto wallet – representing the largest ever on-ramp of Web 2 users into Web 3. This is a huge step forward in our mission to create a true economy of movement where health can also equal wealth.
Sweatcoin hopes to get the token available in the States in due course – regulations permitting – but until then, sweatcoins continue to be earnable and redeemable in our in-app marketplace which expands daily with great offers and products.
- Over 10 million new users in the last week, seeing the total registered Sweatcoin users surpass 80 million worldwide
- A growth rate of 335% on the previous month
- Registering 65 users per second at peak
- 8 million registrations and #1 app overall in Brazil alone (App Store and Google Play) from mid-March launch (other key territories opening up soon)
- App store stats
- On May 4th 2022: #1 app overall in 8 countries and #1 Health and Fitness app in 38 countries
- All time track record for Sweatcoin:
- #1 overall in all categories in 39 countries. A top 5 app in 61 countries
- #1 in Health & Fitness in 119 countries
- $71M worth of value exchanged (redeemed for Sweatcoins) in the in-app marketplace in Q1 2022 alone.
- App Store rating 4.6/5 from 228,514 reviews
- Google Play rating 4.5/5 from 689,124 votes
- Since announcing the imminent launch of SWEAT – their crypto token – on April 12 – over 4.3M crypto wallets created via the Sweatcoin app* – an allocation of c. 1 Bn sweatcoins which will be matched with SWEAT at the token generation event in July of this year.
- This is the largest ever Web2 to Web3 adoption seen – dwarfing any other crypto project (the closest of which has taken over 60 days to reach just 1M)
Click here to download Sweatcoin.