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Cryptocurrency has evolved over the years. It is now available in different forms and obtained in various ways. Sweatcoin is an emerging cryptocurrency that is earned uniquely. The amazing thing about it is that it is not limited to buying and selling. It is a digital currency promoted by physical movement.
Sweatcoin is set to be launched by Sweateconomy on the 12th of this month. There’s an enormous thrill about this launch. But to carry every reader along, let’s talk a little about Sweatcoin.
Founder(s) are people or an individual that brings an idea to reality either by establishing a project or brand.
The founders of Sweatcoin are Anton Derlyatka the CEO of the project and his co-founders Oleg Fomenko and Egor Khnmelev. Their aim during an interview is to encourage a healthier society through physical movement.
What is Sweatcoin?
As the name implies, Sweatcoin is the digital currency earned as you carry out any exercise that involves movement. As you move either walking or running you earn more Sweatcoin. These Sweatcoins can then be replaced for discount products and other perks that can be purchased.
How you can earn Sweatcoin
Sweatcoin is a free application. After installing Sweatcoin on either android or IOS phones, you can earn as you walk and run. When the application is open in the background, it can track your movement and then convert it to Sweatcoin. It is estimated that 1000 steps will earn you one Sweatcoin.
The importance of sweatcoin
The coin aims to keep you healthy as you earn. There is always the desire to make money because we need it. It is, however, exciting to know that you can earn digital currency while exercising. This is important because before wealth there is health so without exercise we might be prone to health risks.
When is Sweatcoin Launch?
The Sweatcoin launch will take place on the 12th of September, 2022. After the launch, Sweatcoin will be available on most exchanges because it is now very popular. Over 100 million Sweatcoin app users are on the record. Users can amplify their Sweatcoin earnings by referring friends and family.
the referral system helped boost the popularity of the app. The launch will see about a 100million users become owners of the SWEAT token.
The SWEAT team is said to have raised about $13 million for the launch in September. A tweet by NEAR, a critical investor in the SWEAT project, confirms this.
10/ @SweatEconomy completes $13M funding round. 👏
The team behind the most downloaded Health and Fitness app in the world — @Sweatcoin — has completed $13M in funding, including a private token sale, to accelerate their move into #Web3.
More info 👇 https://t.co/ivqLA1xTet
— NEARWEEK | NEARCON 2022 Ⓝ 🇺🇦 (@NEARWEEK) August 1, 2022
The $13M funding goes a long way to showcase the project’s ability to attract investors.
Sweatcoin is a movement to earn digital currency that is going to be launched on the !2th of September 2022. It is a free app to install and use. The coin has gained popularity and has become one of the best and most downloaded health and fitness apps.
It is not too late to participate in the SWEAT rave. You can quickly download the app and start walking so that you can be part of the launch in about two weeks.
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