Sweatcoin: A Beginner's Guide for 2025
"Is it true that you can earn cryptocurrency just by walking?" "I've heard a lot about Sweatcoin, but is it okay to start now?"
If you have such questions, this article will explain the popular move-to-earn app "Sweatcoin" and its cryptocurrency project "Sweat Economy" in an easy-to-understand manner even for beginners, while providing the latest information (as of the time of writing) looking ahead to 2025.
*Although the title of this article says "Sweat Coin 2025 Latest for Beginners," this is intended as an explanation of Sweatcoin/Sweat Economy for beginners as of 2025, and does not refer to a specific "2025 edition" product. The information is based on official announcements at the time of writing.
What is Sweatcoin/Sweat Economy? Game Overview and Features
Sweatcoin is a fitness app that was released in the UK in 2016. It works in conjunction with smartphone pedometers,Unique points (Sweatcoins) are awarded based on the number of steps taken.This system has gained over 1 million users worldwide (based on official announcements).
Initially, Sweatcoin points could be redeemed for goods and services in the app's marketplace, but they were not a cryptocurrency.
The big turning point was in 2022."Sweat Economy"Project launch and cryptocurrency"SWEAT"This allows users to earn new virtual currency, Sweatcoin, based on the number of steps they take (conditions apply) recorded in the Sweatcoin app. This is the so-called "Move-to-Earn (M2E)" system.
The main features can be summarized as follows:
- Move-to-Earn (M2E): You can earn the virtual currency SWEAT by walking.
- Ease of getting started: The Sweatcoin app is free to download and use, and no special equipment is required (just a smartphone).
- Two apps: There is a "Sweatcoin" app that records the number of steps taken, and a "Sweat Wallet" app that manages and operates the virtual currency Sweat.
- SWEAT TOKEN: The SWEAT earned can be used for staking (depositing and receiving rewards) or, in the future, for other purposes (e.g. purchasing NFTs, governance voting, etc. *Based on official announcements).
- Huge user base: Since there are already many users, there is hope for the project's stability and future potential (although this does not guarantee a return on investment).
Technical aspects: Blockchain and cryptocurrencies
Sweat Economy is not just a points app, it is a project that utilizes blockchain technology. Here we will briefly look at the technical aspects of the project.
NFTs and the use of blockchain
In Sweat Economy, the cryptocurrency SWEAT is minted based on the verified portion of users' step count data. This process uses blockchain technology to guarantee the validity of the data and manage the amount of tokens issued.
Also, within the Sweat Wallet app,NFT (Non-Fungible Token) The function of "Sweat Hero" has also been introduced. For example, a game element using NFTs called "Sweat Hero" has appeared, and it is considered that a mechanism is available in which you can purchase NFTs with the sweat you have acquired, or obtain rewards by holding NFTs (※Specific functions are subject to change). NFT is a technology that proves the ownership of digital items on the blockchain.
Supported Blockchain
SWEAT tokens are primarily issued and operated on the following blockchains:
- NEAR Protocol: A blockchain platform that enables fast, low-cost transactions. Sweat Economy was initially built primarily on NEAR.
- Ethereum: One of the most widely used smart contract platforms. SWEAT also exists as an ERC-20 token and is supported by many cryptocurrency exchanges and wallets.
Users typically interact with these blockchains indirectly through the Sweat Wallet app, making the complexities transparent to them.
Use of smart contracts
In Sweat Economy,Smart contracts (automatic contract execution programs) is utilized in a variety of situations.
- Token Issuance: SWEAT tokens will be automatically issued according to the rules based on the verified number of steps.
- Staking: The staking feature within Sweat Wallet, called “Growth Jars,” automatically distributes rewards based on contracts when users deposit SWEAT.
- NFT related features: The issuance, sale, and purchase of NFTs, as well as the granting of utilities (benefits), will also be managed by smart contracts.
Use of the virtual currency "SWEAT"
The SWEAT tokens you earn can be used in the following ways (some of which are planned or under development):
- Staking: Deposit it in Growth Jars in your Sweat Wallet to earn rewards (like extra SWEAT).
- Redeem for rewards: Use them for exclusive offers, discounts, donations, etc. provided within the app (may differ from Sweatcoin points).
- Buying and using NFTs: Use it for activities related to NFTs (e.g. Sweat Hero) available within Sweat Wallet.
- Buying and selling on exchanges: SWEAT is listed on multiple cryptocurrency exchanges and can be exchanged for other cryptocurrencies or fiat currencies (such as yen or dollars) (note that transactions involve risks).
- Governance (future plans): If the Sweat DAO (Decentralized Autonomous Organization) is established, SWEAT holders may be able to vote on the management of the project (based on the official announcement).
How to get started with Sweatcoin/Sweat Economy
Getting started with Sweatcoin and the Sweat Economy is very easy, just follow the steps below:
- Download the Sweatcoin app: Search for the “Sweatcoin” app in the App Store or Google Play, then download and install it.
- Create an account: Open the app and follow the instructions to create an account. Allow the app to connect to the Health app (Apple Health / Google Fit) and set it up to count your steps.
- Download the Sweat Wallet App: Similarly, search for the “Sweat Wallet” app, download and install it.
- Wallet integration and opt-in: Follow the instructions in the Sweatcoin app to connect to your Sweat Wallet."Opt-in to Crypto"This will allow SWEAT tokens to be credited to your Sweat Wallet according to the number of steps you take.
- Start walking!: Once you've set it up, just walk with your smartphone and the Sweatcoin app will record your steps in the background and reward you with SWEAT (if applicable) in your Sweat Wallet.
important point:
- SWEAT tokens will be awarded to:First 5,000 steps per day (This information is current as of 2024 and may change in the future.) You will still be able to earn Sweatcoin points for any steps you take after that date.
- To manage your virtual currency, use Sweat Wallet.Backup phrase (recovery phrase)It is very important to keep it in a safe place and never share it with anyone.
Reputation and ratings: User opinions and points to note
Sweatcoin / Sweat Economy is used by many users, but reviews are mixed.
Positive comments
- "It motivates me to walk": Many people say that it is an easy way to improve their health because it feels like a game.
- "It's good that you can start for free": The fact that customers can experience Move-to-Earn without any initial investment is appreciated.
- "Easy to use": The interface is relatively easy to use even for those new to cryptocurrency.
- "I'm excited about the future": With a large user base and ongoing development, there is excitement for what's to come.
Critical opinions and points of caution
- "Low amount of SWEAT gained/low value": There are some opinions that the amount of SWEAT that can be walked and its market value are not as high as expected. The token price is constantly fluctuating.
- "I don't understand the difference between Sweatcoin points and SWEAT": Some users are confused about the difference between the two "currencies" used within the app and how to use each one.
- "Battery consumption": Since the GPS and pedometer are constantly running, you may be concerned about the battery consumption of your smartphone.
- "The sustainability of Move-to-Earn itself": In general, there is debate about the sustainability of the M2E project’s tokenomics.
It's important to understand these points before you get started.
Q&A section
- Q1: What is the blockchain (NEAR, Ethereum) that Sweat Economy uses?
- A1: Both are ledger technologies for securely recording and managing digital assets such as virtual currencies and NFTs. NEAR is relatively new and aims to be fast and low-cost. Ethereum is the oldest and is used by many projects. Sweat Economy uses these technologies to issue and manage Sweat tokens and NFTs.
- Q2: How should I use the cryptocurrency SWEAT that I have earned?
- A2: Staking (Growth Jars) in Sweat Wallet is relatively easy to start and can increase your SWEAT. In the future, it may be possible to use SWEAT for in-app reward exchanges and NFT purchases (please check the official announcement for the latest information). It is also possible to exchange SWEAT for other currencies on an exchange, but this comes with the risk of price fluctuations and fees.
- Q3: What are NFTs and how can I trade them on Sweat Wallet?
- A3: NFTs are "irreplaceable digital data" that are used to prove ownership of art, game items, etc. In the past, Sweat Wallet introduced an NFT game element called "Sweat Hero." The wallet may provide the ability to purchase and hold NFTs directly. Please refer to the explanation in the Sweat Wallet app or official information for details, as they may differ from NFTs that can be bought and sold on general NFT marketplaces (e.g. OpenSea, etc.).
Developer Information and Roadmap
- Developer: Sweat Economy Ltd. (For details such as head office location, please refer to the official website)
- Key members: Oleg Fomenko, Anton Derlyatka, and Egor Khmelev are known as co-founders.
- Technology Partners: Collaborations with blockchain-related companies such as the NEAR Foundation have been announced.
- Roadmap (future plans): The official Sweat Economy website and blog may publish future development plans (roadmaps), which may include expanding the utility of SWEAT tokens, integrating DeFi (decentralized finance) features, and introducing governance (Sweat DAO) (contents are subject to change and may include unconfirmed information).
For the most up-to-date and accurate information, please be sure to check the official website and official social media accounts.
Summary / Summary
Sweatcoin and Sweat Economy are unique move-to-earn projects that turn the everyday act of walking into an opportunity to earn cryptocurrency. They are free to start and no special knowledge is required to get started, making them popular with many users around the world.
Looking ahead to 2025,
- As a catalyst for improving health
- As a first step to Move-to-Earn, cryptocurrencies, and NFTs
Sweatcoin/Sweat Economy could be an interesting option.
However, the value of the virtual currency SWEAT fluctuates and the amount you can earn is limited. It is not something you can "make a lot of money with ease," but rather it is best to think of it as a "small incentive to walk." It is important that you gather information and make your own judgment about the future prospects of the project and the value of the token.
Reference Articles & Related Links
For more detailed information and the latest updates, please check the official website below.
- Sweat Economy Official Website: https://sweateconomy.com/
- Sweatcoin official website: https://sweatco.in/
- SWEAT token information (CoinMarketCap): https://coinmarketcap.com/currencies/sweat-economy/
- Sweat Economy Official Blog/News: (Please check the official website)
Disclaimer:This article is intended to provide information about Sweatcoin/Sweat Economy, and does not recommend investing in any particular financial product or cryptocurrency. Trading cryptocurrencies involves risk. Investment decisions should be made at your own discretion and risk (DYOR – Do Your Own Research). The information in this article is current as of the time of writing, and we do not guarantee its accuracy or completeness.