Sweat Economy Airdrop Review: Move to Earn Walk into crypto

About Sweat Economy Airdrop

“Sweat Economy is the natural evolution of Sweat Economy Airdrop. Global, open, and fair, SWEAT is a next generation cryptocurrency that will bring the next billion people into Web 3.0, and make movement part of global GDP.”

Sweat Economy 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 Airdrop 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.

Step-by-Step Guide:

1. Download the Sweatcoin app.
2. Submit your details and sign up.
3. Now start walking to earn Sweatcoins.
4. At TGE each Sweatcoins will be converted to SWEAT tokens at a ratio of 1:1.
5. You will earn 1 SWEAT for every thousand steps.
6. Also get 5 SWEAT for each referral.

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.

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, read our research article 

How to receive SWEAT

In the Token Generation Event, the Foundation will create enough SWEAT to match the number of sweatcoins ever produced. For each sweatcoin in your Wallet, you will be able to claim 1 SWEAT without losing your sweatcoin balance.

How does it work?

If movement can improve lives, it has an economic value.

Employers pay for workers’ gym memberships. Health insurers offer discounts for physical activity. Governments encourage cycle to work schemes; and promote sport to foster community growth. To learn more about the value of physical activity, read research article.

SWEAT is the currency of the open economy of movement, where the token can be bought, sold, and exchanged.

New to crypto?

SWEAT is for everyone who moves. Whether you are new to crypto, or are an enthusiast, you can download the app, and create your SWEAT Wallet in minutes.

You have nothing to lose. Your steps – verified by the Sweatcoin app – are all that is required to generate a new currency for you.

Governance

Holders of SWEAT will govern Sweat Economy. In practice, ownership, rewards, privileges, and voting reside with SWEAT holders.

They created SWEAT because we know the value of movement must be communally realized by transferring power and privilege to holders, and those who move

Tokenomics

Currently, only steps mint SWEAT. In time, other activities will mint SWEAT.

SWEAT can be minted forever to sustain a global incentive

SWEAT will have an ever decreasing rate of inflation.

Like Bitcoin, SWEAT will become harder to create as time goes on: the earlier you walk, the more SWEAT you receive.

Technology

SWEAT is built on NEAR – a low cost, high speed, and eco-friendly blockchain. Only verified movement mints SWEAT. Currently, the Sweatcoin app verifies steps as a Movement Validator.

In time, the Foundation will decentralize the movement verification process to enable other apps and wearables to verify new forms of movement, paving the way for users to earn SWEAT for swimming, cycling, hiking, gym work and more.