$SWEAT is your physical activity tokenized. It is a real crypto asset that you mint with your movement. It can be used for a chance to win amazing rewards, applied to NFTs, and used to get improved features in the Sweat Wallet app.
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Business partners pay to access our network of users.
we take a small fee when you interact with certain features provided by us, like claiming from growth jars, and certain third-party services in the sweat wallet, like fiat on-ramp, off-ramp, crypto trading, and more.
Sweat Foundation uses the revenue to fund rewards people really want–like stablecoins, Teslas, and trips around the world.
Revenue is used to support product development, community growth, and partnerships.
The community decides the tokenomics via governance proposals and votes, taking actions such as burning tokens, distributing tokens at TGE events, or allocating token rewards for Growth Jars.
In accordance with the community's decision, the Sweat Foundation will allocate a portion of revenue to buy and burn $SWEAT on the secondary market, or to buy $SWEAT and distribute it as Growth Jar yields.
More details to be released soon.
Grow more $SWEAT and unlock rewards by placing your $SWEAT in Growth Jars. The more you put into your Growth Jars, the better rewards you have access to.
Rewards like a Tesla Model 3, once-in-a-lifetime trips around the world, Chief Walking Officer position, stablecoins like $USDT and $USDC, and more.
Claim your free Legs NFT and battle against other players to earn $SWEAT in Sweat Hero. The winner of each head-to-head battle claims Battle Coins that can be exchanged for $SWEAT, and The Sweat Foundation takes and burns the battle fees so the game is net-deflationary.
Growing $SWEAT unlocks premium features like lower transaction fees and better rewards.
$SWEAT is minted solely by movement. The community has voted to introduce several mechanisms to decrease the rate of inflation of the token and to constrict the circulating supply.
In July 2023, the Sweat Economy community conducted the biggest governance vote ever in the world of Web3 world with more than 380,000 token holders casting their vote.
They have voted to support the launch in the U.S. with ~690M $SWEAT and to enact a gradual burn of 1.6B $SWEAT.
Each $SWEAT will be more difficult to mint than the last. This preserves token utility, and controls the rate of token release.
1000 steps ≈4500 steps ≈5500 steps ≈6500 steps ≈7500 steps ≈
