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Sweatcoin Sees 100,000 New Users Daily After Launch in April

SWEAT has seen the creation of over 3.4 million wallets through its mobile app since its launch. The service has seen around 100,000 people sign up every day since its launch. It...
Sweatcoin Sees 100,000 New Users Daily After Launch in April © Reuters. Sweatcoin Sees 100,000 New Users Daily After Launch in April

  • SWEAT has seen the creation of over 3.4 million wallets through its mobile app since its launch.
  • The service has seen around 100,000 people sign up every day since its launch.
  • It primarily aims to incentivize people to be more healthy.

Since the launch of the SWEAT crypto token on April 12, it has seen the creation of over 3.4 million wallets through its mobile app. This puts the total of allocated sweatcoins at over 860 million, which will be matched with SWEAT at the token generation event in July of 2022.

SWEAT is a move-to-earn token which means that users are able to mine the token by tracking their steps on their smartphones.

The company stated that the idea behind the token is to launch a global currency based on the value of steps and movement. SWEAT will be minted purely by steps.

The Sweatcoin app has seen very positive growth over the last few months. Between May 1 and 4, it saw more than seven million new users. This puts the total of worldwide sweatcoin used at more than 76 million. The Sweatcoin app even saw a 22% growth rate in one month.

Only two months after its launch, Sweatcoin was ranked the #1 app in the App Store and Google (NASDAQ:GOOGL) Play in Brazil. The app continues to amaze as it saw a total of $71 million in value exchanges in the app marketplace in Q1 of 2022.

The co-founder of Sweatcoin, Oleg Fomenko, also stated that Sweatcoin has “seen around 100,000 people sign up every day since our launch. This is already one of the biggest onramps into crypto ever with more and more people buying into the move-to-earn concept.”

Sweatcoin primarily aims to incentivize people to be more healthy. In a report released by the company, they found that people walk on average 20% more after downloading the app.

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18-05-2022 13:24:06 (UTC+7)

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 EUR/USD1.0531↑ Sell
 GBP/USD1.2466↑ Sell
 USD/JPY129.10↑ Buy
 AUD/USD0.7030Neutral
 USD/CAD1.2820↑ Buy
 EUR/JPY135.96↑ Sell
 EUR/CHF1.0474↑ Sell
 Gold1,810.68Neutral
 Silver21.597Sell
 Copper4.2285↑ Sell
 Crude Oil WTI110.09↑ Sell
 Brent Oil111.89↑ Sell
 Natural Gas8.205↑ Sell
 US Coffee C228.63Neutral
 Euro Stoxx 503,741.51↑ Buy
 S&P 5004,088.85↑ Buy
 DAX14,185.94↑ Buy
 FTSE 1007,518.35↑ Buy
 Hang Seng20,620.00Sell
 Small Cap 20001,840.30Neutral
 IBEX 358,475.70↑ Buy
 BASF50.690↑ Buy
 Bayer64.12↑ Buy
 Allianz202.25↑ Buy
 Adidas183.30↑ Buy
 Lufthansa6.827Buy
 Siemens AG116.50↑ Buy
 Deutsche Bank AG9.538↑ Buy
Mua/Bán 1 chỉ SJC
# So hôm qua # Chênh TG
SJC Eximbank6,825/ 6,925
(0/ 0) # 1,847
SJC HCM6,825/ 6,925
(0/ 0) # 1,847
SJC Hanoi6,825/ 6,927
(0/ 0) # 1,849
SJC Danang6,825/ 6,927
(0/ 0) # 1,849
SJC Nhatrang6,825/ 6,927
(0/ 0) # 1,849
SJC Cantho6,825/ 6,927
(0/ 0) # 1,849
Cập nhật 18-05-2022 13:24:09
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$ Tỷ giá Vietcombank
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GBP28.150,0329.351,12
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KRW15,7819,22
Cập nhật lúc 13:19:10 18/05/2022
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