Sweatcoin is one of the most popular Health & Fitness Apps globally of 2022, a Web2 app with over 110,000,000 (110M) users. This has been used as a funnel to create the Sweat Wallet, a Web3 app powered by a new cryptocurrency — SWEAT. Token utility includes: staking for rewards and yield (net deflationary), dynamic NFTs & gamification, and unlocking new features in the app.
Asset name: SWEAT
Ticker: SWEAT
Total Supply: 21,000,000,000
Circulating Supply: 2,049,075,000 (2022.09.13)
Risk warning: Trading digital assets involves significant risk and may result in the loss of your invested capital. You should ensure that you fully understand the risks involved and take into consideration your level of experience, investment objectives, and seek independent financial advice if necessary.
What Are SWEAT Tokens?
What is a Sweatcoin or SWEAT token? To put it simply, this will be the signature crypto of the Sweatcoin app. As Sweatcoin finally transforms into the creators’ original idea, it will begin to let users generate cryptocurrency by walking. SWEAT is an asset based on Ethereum blockchain technology, so it’s a little more functional than ordinary crypto.
Like other cryptos, the Sweatcoin price will fluctuate, its value being determined by supply and demand. Furthermore, SWEAT will be harder to mine as time progresses. Just as with Bitcoin, it will take more work to mine each individual SWEAT token over time. Therefore, the steps you take now will earn you more Sweatcoin crypto than the steps you take later. This is an intentional feature that motivates users to exercise now instead of procrastinating.
As of right now, SWEAT tokens do not yet digitally exist. Instead, they will be created in a token generation event (TGE) when the new system is launched.
How to Withdraw $SWEAT into Your NEAR Wallet
If you would like to trade on the open market, you need to first withdraw your $SWEAT tokens into your NEAR Wallet. You can choose to create a new wallet or import an existing one. Copy your NEAR Wallet address under Receive.
On the Sweat Wallet app, tap on Transfer followed by Send. Paste your NEAR Wallet address into Username and tap Search on your keyboard. Follow the steps on the screen to complete the withdrawal of your $SWEAT tokens and you should see the balance in your NEAR Wallet after the transaction has been processed.
List of exchanges that list SWEAT :
