What Is Sweat (SWEAT) and How Does It Work?
Sweat (SWEAT) is the native utility token of the Sweatcoin ecosystem, a move-to-earn platform that rewards users for physical activity. The project connects real-world movement with blockchain incentives, allowing users to earn crypto simply by walking, running, or staying active. SWEAT was introduced as part of the broader Sweat Economy, which bridges Web2 fitness tracking with Web3 ownership and rewards.
Sweat works by converting verified steps into SWEAT tokens through the Sweatcoin mobile app. The app tracks movement using smartphone sensors and anti-cheat algorithms to ensure activity is genuine. As users accumulate steps, they earn SWEAT directly into a
non-custodial wallet linked to the app. Over time, the number of steps required to mint each new SWEAT token increases, creating a built-in difficulty adjustment that helps control token inflation as the user base grows.
Once earned, SWEAT tokens can be used across the Sweat Economy for staking, in-app rewards, discounts, digital services, and ecosystem incentives. Users can also transfer SWEAT to external wallets or trade it on supported crypto exchanges. By tying token issuance to real-world activity rather than mining or speculation alone, Sweat positions itself as a health-focused Web3 project designed to promote long-term engagement, sustainable token economics, and everyday crypto adoption.
When Did Sweatcoin and Sweat Economy Launch?
Sweatcoin began as a health and fitness app founded by Oleg Fomenko, Anton Derlyatka, Danil Perushev, and Egor Khmelev with development starting around 2014 and its first full product launching in 2015–2016. It was created to incentivize physical activity by rewarding users with a digital currency for steps taken, turning everyday movement into measurable value while partnering with brands and health organizations globally.
The transition to a Web3-powered ecosystem, known as the Sweat Economy, came later with the introduction of the SWEAT token, a move-to-earn cryptocurrency tied to real-world movement. The token launch was publicly announced in April 2022, enabling millions of existing Sweatcoin users to mint SWEAT tokens based on their accrued steps and in-app Sweatcoin balances.
Sweatcoin Roadmap Highlights
- 2014–2016: Concept and launch of the Sweatcoin mobile app (iOS late 2016; Android early 2017).
- 2018: Early funding rounds to expand technology and growth.
- April 2022: Announcement and launch of the SWEAT token and move-to-earn crypto economy.
- 2022–2023: Token generation events and rollout of the Sweat Wallet with allocations of SWEAT to opted-in users.
- 2024–2026: Expansion of app integrations, broader physical activity tracking, staking features, and ecosystem growth into DeFi and governance.
What Is the SWEAT Token Used for?
Sweat (SWEAT) is the core utility token of the Sweat Economy, designed to incentivize real-world physical activity and power on-chain participation. Within the ecosystem, SWEAT is used for staking to earn rewards, accessing in-app offers and discounts, participating in digital services and partner rewards, and supporting governance and ecosystem incentives as the platform evolves. A key design feature is that earning SWEAT becomes progressively harder over time, helping manage supply growth while encouraging long-term engagement.
On BingX, you can trade SWEAT tokens on the
spot market by depositing funds, navigating to the
SWEAT/USDT trading pair, and placing
market or limit orders using real-time charts and liquidity. BingX allows you to buy, sell, or convert SWEAT instantly, with the option to hold tokens on the exchange or withdraw them to a personal wallet for self-custody.
What Is Sweat Economy Tokenomics?
Sweat (SWEAT) uses a movement-based, deflation-aware tokenomics model designed to reward real-world activity while controlling long-term supply growth. Instead of fixed emissions, SWEAT is minted when users take verified steps, and the number of steps required to earn each new SWEAT token increases over time. This built-in difficulty adjustment reduces inflation as adoption grows, aligning token issuance with sustainable ecosystem usage rather than speculative mining.
SWEAT does not have a hard capped maximum supply, but supply expansion slows structurally as earning becomes harder year after year. Token utility encourages holding and participation, while mechanisms such as staking lockups and spending sinks help offset circulating supply.