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  • 30d volume:$303.26B
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Sweat Wallet logo

Sweat Wallet

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Ethereum
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News

Ten Cows Become First Livestock Collateral on Brazil's Stock Exchange

Ten Cows Become First Livestock Collateral on Brazil's Stock Exchange

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Ten cows from Fazenda Engenho Velho in Brazil have become the first livestock collateral formally registered on the country's stock exchange, utilizing blockchain technology and AI-powered sensors.
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Leo van der Veen

SP Dow Jones Indices and Pantera Capital Launch New Digital Asset Benchmark

SP Dow Jones Indices and Pantera Capital Launch New Digital Asset Benchmark

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SP Dow Jones Indices and Pantera Capital have launched the SP Pantera Digital Asset Index (SPPDA), a new benchmark that tracks crypto networks through a fundamentals-focused lens.
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Li Weicheng

T Rowe Price Introduces Active Crypto ETF for Diverse Digital Asset Exposure

T Rowe Price Introduces Active Crypto ETF for Diverse Digital Asset Exposure

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T Rowe Price has filed for an Active Crypto ETF, TKNZ, to hold 5-15 digital assets, marking a shift in the crypto ETF market.
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Aisha Farooq

What is Sweat Wallet?

Sweat Wallet creates a Sweat token to encourage movement. Whether you're taking your kids to school, shopping or taking a walk in the park during your lunch break, you'll earn rewards for all of these activities.

Sweat Wallet: get tokens for your physical activity

Sweat Wallet is currently the only way to mint SWEAT, but the app is expanding globally. Over time, Sweatcoin will become one of the pieces of the Sweat Economy. SWEAT mining will be independent of the countries where the Sweatcoin app is available, giving way to a truly global potential.

SWEAT — a token, generated by your movement. You can only create SWEAT through the Sweatcoin app. Currently, you can create SWEAT, using just your steps. Over time, there are more activities such as swimming, gym classes, cycling, etc.

Sweat Wallet — the hub, where minted SWEAT is stored and used. The traffic data, used to mint SWEAT directly on the web, comes from another application. This makes it easier to connect new traffic validators to decentralize the network and expand the types of traffic people could use SWEAT for.

Users can only mint SWEAT after the first 5,000 steps per day.Sweat Wallet

Considering that the level of minting difficulty will increase exponentially after TGE, these 5000 steps will mint less and less SWEAT. This model forces budding scammers to scale out to hundreds or thousands of accounts in order to justify the operation. Horizontal scaling is expensive because the motion validator, Sweatcoin, only allows for authentic Apple and Google accounts, and each account requires a unique device.

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.