What is Sweatcoin?
Sweatcoin is a new type of currency that is rewarded by exercising. If you're familiar with other cryptocurrencies, such as BitCoin or Ethereum, you will know that in order to access that currency, you have two options:
Instead of mining or purchasing Sweatcoin, you exercise. This replaces the need for expensive equipment and serious risk factors, such as killing your GPU while mining overtime. All you need to gain Sweatcoin is some walking or running during your day. Not to mention, you won't have a ridiculous electric bill.
After you've acquired enough sweatcoins, you can exchange them for real items in the shop. (more on this later)
We track & verify your outdoor steps using your phone’s accelerometers and GPS location. Those steps get converted into our currency — Sweatcoins.
Sweatcoin is becoming increasingly popular due to their marketing methods. Once you have downloaded the app, you have an option to share an affiliate link to immediately gain 5 sweatcoins. (around 5000 steps worth) The reason that this method of marketing is successful is because the users want to share the app with as many people as they can to gain more sweatcoins. The other reason that Sweatcoin is growing - Businesses can list their products on the Sweatcoin Store. Once users have saved enough sweatcoins, they can exchange them for items listed in the store. This is a win-win situation for both sides because the businesses get free marketing in the store and the users get to purchase the products with sweatcoins.
Yes, if you live in one of the supported countries. If your country isn't supported yet, give it some time. Their company is already rapidly expanding and many more countries should be supported in the future. If you do live in one of the supported countries, you can download the app using:
Sweatcoin is the next big thing in terms of rapidly growing popularity. I would strongly suggest downloading the app if it is supported in your country.
