Sweat Wallet Comes to America
A few months back, I explored the world of Sweatcoin, a popular app that rewards you for walking. I discussed their upcoming Crypto wallet release in the U.S., and now, the day has finally arrived—the wallet is live and has been for about a week or two now. I've had the opportunity to explore it, and I must say, it's poised to introduce everyday folks to the world of Cryptocurrency.
There's a lot to unpack, but if you're into earning and learning about Crypto, this is worth a look. Imagine earning Cryptocurrency simply by adopting a healthier lifestyle and adding an extra mile to your daily walk. If you're already a daily walker, why not earn some SWEAT while at it?
“SWEAT is the natural evolution of Sweatcoin. 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.” - Sweatcoin Litepaper
Now, I get it. Privacy is a concern for many (actually, quite a lot, I am one of those people). Worries about companies exploiting your information for personal gain or constant surveillance. Let me be straight with you. If privacy is a top concern, then using a phone period might not be the best move because, let's face it, it's a portable tracking device. Whether it's this app or any other, if someone wants your info, a phone call or a click of a link might be all it takes. Remember to do your research before signing up with any new app. Research will help you understand the app while also giving you peace of mind. With that being said I want to assure you that Sweatcoin has said that they do not sell your information and they use their own algorithm to calculate your steps. If you would like to check out Sweatcoin's Privacy Policy click here.
According to Sweatcoin, it uses its own algorithm to track and verify the steps Sweatcoin users take, so you (theoretically) shouldn't worry that your information will be shared with a third party or that someone may access your location data. - Source
With that said, let's move on to why I believe Sweatcoin has seriously upped its game, and the Sweat Wallet brings us one step closer to Cryptocurrency going mainstream.
What is Sweatcoin?
Founded in 2015 by Oleg Formenko, Sweatcoin stands out as the go-to walk-to-earn platform. When you search for walk-to-earn platforms, Sweatcoin is often the first name that pops up in your search. For a deeper dive into Sweatcoin, you can refer to my earlier article titled "Sweatcoin - Earn Crypto Walking."
While there are other platforms out there that reward you for walking, many of them come with a catch—you have to invest in an overpriced NFT just to get started or use the app. This is where Sweatcoin shines. It is a unique walk-to-earn app that lets you earn Crypto simply by staying active without any type of investment. The more you move, the more you earn. Sweatcoin used to reward you with just its in-app asset called Sweatcoin, which is used for discounted goods, subscriptions, digital items, physical goods, and more. Now, with the introduction of Crypto rewards, the possibilities are limitless. You have the choice to either earn Crypto or the original Sweatcoin.
In this article, we'll explore what Sweat Wallet is and how you can earn through it. The platform offers various ways to earn, and it's only getting better. Let's explore why I think Sweatcoin is one of the best walk-to-earn apps available.
What is Sweat Wallet?
With the continual rise in prices of almost everything, people are seeking new ways to earn money. A significant portion seems to be turning to cryptocurrency, either anticipating returns or seeking a secure place for their assets. As the importance of Crypto gains recognition among people and companies, new methods emerge for earning various tokens. I also believe a good amount of people think this technology might be the future and are using it because of this (like myself). I am doing everything I can to promote this new technology because I know the power it holds. Cryptocurrency is unstoppable.
Enter Sweat Wallet, the new cryptocurrency wallet from Sweatcoin, especially new for users in the US. It transforms each step you take into what I like to call "digital gold" (Well BTC is the true digital gold but you know what I mean). However, it's worth noting that this app might not be suitable for everyone. A considerable number of Crypto users appreciate the concept of anonymity. Amidst increasing regulations, uncertainties on the horizon, and more platforms mandating KYC, staying incognito in the Crypto world could become increasingly challenging. While I could be mistaken, that's the vibe I'm getting.
Sweatcoin assures users of 100% data privacy, emphasizing on its website that user data will never be sold. Once set up, the app utilizes your device's accelerometer and GPS location to track your steps - Source.
Earning in the Crypto space can take various forms, including blogging, faucets, creating videos, playing games, and more. Sweatcoin offers a unique opportunity to start earning Crypto through your daily activities. It turns staying active into a lucrative venture. Continue reading to discover how the earning process works and why I believe SWEAT could potentially become quite valuable in the future. If you are interested in earning through other forms then check out my website.
How do you earn?
Earning with Sweatcoin is pretty simple. All you have to do is stay active. You can also watch a couple of ads a day to earn a little extra but the main thing when it comes to Sweatcoin is staying active. The more steps you get during the day the more SWEAT or Sweatcoin you will earn.
1,000 steps = 1 sweatcoin
4,649 steps = 1 SWEAT
The amount of steps per SWEAT is going to gradually go up the longer the app is used. This could mean the price of SWEAT will go up as the supply goes down. Nothing is guaranteed but with a project this big I am pretty sure there is some serious earning potential.
SWEAT is designed to be more difficult to mint with time. Your steps today will mint more SWEAT than your steps tomorrow!
This preserves the token by contributing to a decreasing rate of inflation. We have introduced many other deflationary mechanisms, which you can learn about on our website. — Sweatcoin Team
You can either choose to earn their Crypto called SWEAT or you can choose to earn the original Sweatcoin. You can use your SWEAT tokens to exchange, save in growth jars to earn up to a whopping 12% back (which we will go over in the next section), take your chances at giveaways, and much more is coming in the near future. You can use Sweatcoins to earn all sorts of different things such as subscriptions, digital items, discounted goods, and much more. Sweat Wallet also has its own play-to-earn game called Sweat Hero which we will go over later in this article.
Learn & Earn
One of the best earning opportunities on Sweat Wallet (at least in my opinion) is called Learn & Earn. With Learn & Earn you can learn about different topics by going through short lessons on topics such as What is Burning, Growing Your SWEAT, What is SWEAT, Secure your Crypto, and much more. At the end of each lesson, you take a quiz and if you get all of the questions right you earn 1 SWEAT.
Growth Jars
Sweat Wallet has something called Growth Jars. This is something I was pretty excited about. Growth Jars is Sweatcoins staking option. You can put your earned SWEAT into a Growth Jar and earn passive income from it.
Sweatcoin gives you a couple of different options when it comes to staking your SWEAT.
The Rockstar - 12% APY for a year
The Popular - 6% for 6 months
The Starter - 3% for 3 months
I am a big fan of Sweatcoin and as time goes on I think SWEAT will become a pretty well-known name and its price will end up getting higher. The reason I think this is because the amount you earn will go down as time goes on. This means new SWEAT will become harder to get. Sweatcoin has always been a huge name in the walk-to-earn world and now it has created one of the best if not the best walk-to-earn Crypto projects. If you have not tried using Sweatcoin then I suggest now might be the best time to check it out.
Sweat Hero — Play to Earn
Sweat Hero is a play-to-earn game where you play against other Sweat Wallet users. You can play just for fun which is free but then you can play where you wager their in-game token called Battle Coin.
1,000 Battle Coin (BC) = 1 SWEAT
When you first start you will be given free BC to start you off. I suggest playing a good amount of practice rounds before you go and wager your BC. Once you lose that 1,000 BC you will have to trade your hard-earned SWEAT for more. You can exchange SWEAT into BC anytime you want inside of the game. You can exchange BC for SWEAT once you have reached 10,000 BC. So I suggest playing each game carefully. This is not a get-rich-quick game that is for sure but it is a lot of fun and can be pretty lucrative if you are good at the game. They have 8 different game modes you can choose from. You will only start with the first two but the more you play the more modes you will unlock.
Modes
Friends Battle — This is where you can battle your friends that use Sweat Wallet.
Rookie — The free version to touch up on your skills.
Novice — 1,000 BC wager.
Challenger — 5,000 BC wager. (play 25 times to get to the next mode)
There are a couple more modes such as Elite , Apex , Master , and Legend. I have not gotten to these levels yet so I am not sure what the wagers are. As time goes on and the platform evolves I will be creating more articles and videos about it. So hopefully in the near future, I will be able to show off my skills in Legend mode.
The Future of Sweatcoin
Sweatcoin has been around since 2015 and has been growing ever since. It is a big name when it comes to the walk-to-earn world. Now that it has implemented Cryptocurrency into its app I believe the sky's the limit. There are a lot of apps out there that say you can earn from walking but the majority of them want you to buy an extremely overpriced NFT or just do not deliver at all.
You can watch your coins build up in real-time and the price of SWEAT has gone up 27% over the last month and has been staying pretty steady. I have a strong feeling the price will only keep going up.
So when it comes to the future of SWEAT I think it is bright. You might not get rich from SWEAT but you can not beat earning Crypto from staying active and healthy. I have always put off working out or running but ever since I could start earning Crypto from it I have not missed a day.
Final Thoughts
SWEAT might not be the first of its kind but it is definitely the best of its kind. There are many platforms out there that have tried to be the best and have only let me down in the end. Sweatcoin has done something no other walk-to-earn platform could do. They created a
clean, easy-to-use, and rewarding platform.
If you would like to learn more about SWEAT you can check out their Lite Paper by clicking the link below.
SWEAT Lite Paper
Click here to check out Sweatcoin and start earning some SWEAT by staying active!
I have tried my best to cover everything Sweat Wallet has to offer. If you want to learn more check out my video at the beginning of this article.
I do not share financial advice. I am only sharing what projects I think might make it in the future. It is up to you to do your own research.
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