Sweat Crypto has continued to gain traction for the past few years, with more people adopting the move to earn applications in their daily routines. The idea of the platform is simple; incentivize people to walk and exercise by giving them awards by allowing them to convert their steps into SWEAT tokens. These tokens can then be exchanged for rewards.
Today, the Sweatcoin platform has over 100 million users. The platform also boasts of being one of the largest move-to-earn platforms in the world.
The founding of the Sweatcoin Platform
The Sweatcoin platform is the brainchild of Oleg Fomenko and Anton Derlyatka. The two co-founders wanted to come up with a platform that could help motivate its users into staying motivated while exercising.
The idea sprung from noticing people prioritized immediate pleasure over long-term gain. Unfortunately, this meant that most people would become demotivated over time, and some would even quit exercising regularly. In 2016, the idea had evolved into a business venture, and the Sweatcoin platform was founded.
The app allowed users to earn 0.95 SWEAT tokens for every 1,000 steps they took outdoors. The earned tokens would then be exchanged with gifts such as fitness gear, gift cards and workout classes in the app’s marketplace. In addition, users who managed to accumulate more than 20,000 SWEAT tokens were allowed to exchange the cryptos with an iPhone.
Sweat Crypto Price Prediction
The official launch of the Sweat crypto in the markets will be in July. However, this cannot prevent us from making speculation about what we expect in the markets.
Data for the past few months shows exponential growth in the number of platform users. With the latest figures showing over 100 million people using the platform, the launch of the Sweat crypto is highly anticipated.
Therefore, my Sweat Crypto price prediction expects the cryptocurrency to start with a strong bullish move once it is launched regardless of its initial price. I also expect the Sweat crypto to be among the top-performing cryptocurrencies released in 2022 by the end of the year.