SWEAT is a crypto token that rewards
SWEAT is a crypto token that rewards users for their physical activity. It is part of the Sweat Economy, a web3 initiative that aims to create a healthier and more active world. Users can earn SWEAT by using the Sweatcoin app, a popular fitness app that tracks their steps and movements. Users can also use SWEAT to claim real-world prizes and experiences, such as Teslas, trips, and more.
SWEAT is based on the NEAR protocol, a scalable and user-friendly blockchain platform. SWEAT has a fixed supply of 100 billion tokens, which are distributed through a minting mechanism that rewards users for their steps. The minting rate decreases over time, creating a deflationary pressure on the token. Users can also stake their SWEAT in Growth Jars, which offer higher rewards and lower fees.
SWEAT is more than just a token. It is also a community of over 140 million users who share a common vision of a better future. Users can support their favorite causes by donating their SWEAT to over 1.4 million nonprofits. Users can also learn about the world of web3 and earn SWEAT and other tokens by completing short lessons and quests. Users can also play Sweat Hero, a free NFT game where they can compete with other players and win SWEAT.