In creating the world’s first crypto token earnt through walking, Sweatcoin is pioneering a societal shift by empowering people to improve their health, and get paid for it. Sweatcoin’s innovative model has been developed to radically incentivise the single most important part of people’s lives - their health. SWEAT will be issued by the Sweat Foundation, a BVI headquartered crypto entity and Sweatcoin’s partner in launching the Sweat Economy, after the Token Generation Event (TGE) scheduled for this northern hemisphere summer. This will be one of the biggest onboarding of people into crypto in history.ĭesigned to capture the value of movement, this revolutionary cryptocurrency will be minted purely by steps. The 63+ million Sweatcoin users, who’ve walked over 20 trillion steps together, will have the opportunity to have their in-app sweatcoins matched 1:1 with SWEAT tokens at a token generation event (TGE) timed for this summer. Sweatcoin’s ongoing mission is to launch a global currency based on the value of steps and movement. Sweatcoin, the London-based tech company on a mission to inspire a healthier planet by motivating people to move more, will announce the imminent launch of SWEAT: the Token at the Paris Blockchain Week Summit tomorrow. To learn more about OKX, download our app or visit: okx.Launch of the SWEAT token will allow the 60 million strong Sweatcoin community to earn crypto through walking OKX is also the top partner of the Tribeca Festival as part of an initiative to bring more creators into web3.īeyond OKX’s exchange, the OKX Wallet is the platform's latest offering for people looking to explore the world of NFTs and the metaverse while trading GameFi and DeFi tokens. Trusted by more than 20 million global customers, OKX is known for being the fastest and most reliable crypto trading app for investors and professional traders everywhere.Īs a top partner of English Premier League champions Manchester City F.C., McLaren Formula 1, golfer Ian Poulter, Olympian Scotty James, and F1 driver Daniel Ricciardo, OKX aims to supercharge the fan experience with new financial and engagement opportunities. OKX is the second biggest global crypto exchange by trading volume and a leading web3 ecosystem. SWEAT/USDT Spot trading on OKX opened at 08:00am UTC on September 13, while SWEAT withdrawals will become available at 10:00am UTC on September 14. This is demonstrated by OKX’s own Web3 Wallet, which provides access to NFTs across chains and marketplaces and offers built-in DApp discovery to facilitate access to thousands of DeFi and GameFi apps. OKX is in full support of innovation in the space that empowers users with greater control and financial opportunities. The Sweat Economy approach is a novel one in that taking move-to-earn platforms towards the DeFi space advances decentralization and provides users with more ownership over their assets within the ecosystem. These fees will feed back into the ecosystem’s self-sustaining mechanism to run the DeFi elements of the Sweat Economy DeFi - Sweat Wallet will generate fees through DeFi functions that include the buying and selling of crypto, exchange of SWEAT into other currencies, liquidity provision and staking, among others.Subscription Services - The platform will provide a premium service to existing Sweatcoin users through a SWEAT subscription payment.
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