I remember when Sweatcoin was announced it was a big deal at the time, it was associated with NEAR blockchain and was supposed to be the next big thing in Move to Earn.
I have been with Sweatcoin app even before the Sweatcoin crypto was announced. I had accumulated a good amount of coins just by walking.
Most of my coins are still locked up in jars or basically staked. They are not worth anything anymore though as the price took a dive even before the shutting down announcement.
This is kind of a sombering reminder that we are in a very difficult environment for crypto projects and it is not guaranteed that your project is going to survive.
Here is their official announcement:
Hello, Sweat Wallet and the SWEAT token, as they exist today, end on 30 December 2026.
Until then the app keeps working and you keep earning. You have 90 days to secure your account and your assets.
What to do, step by step: https://update.swe.at.
We never contact you first by direct message and never ask for your private key or seed phrase.
The Sweat Foundation team
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