![]() To start off, 1,000 steps will equal one SWEAT token, just as 1,000 steps were equal to one sweatcoin. Old sweatcoins will also remain on the app, and will still be able to be spent in the same way as before. While previously all steps walked translated into sweatcoins, after Tuesday, a user’s first 5,000 steps in a day will mint in SWEAT, with any more after that creating sweatcoins. When TGE takes place, anyone who has already downloaded the SWEAT wallet and opted in will see their sweatcoins matched in crypto, with no loss to their existing sweatcoins.Īfter the event, the only way to mint new crypto will be through movement. Now the app is launching SWEAT tokens, a cryptocurrency that will be minted with movement. Users could donate their steps to charity, use them to bid on big-ticket items like gift cards, or buy either physical or digital products through the store. These sweatcoins could be used in the app in a number of different ways. Up until now, app users have been turning their steps into sweatcoins, and 1,000 steps have been equal to one sweatcoin. The first thing to know is the difference between sweatcoin and the new SWEAT tokens. The clock is counting down, and with just hours to go before the launch, here is everything you need to know about how you can make money just from walking. So if you are a Sweatcoin user and have not opted into crypto and downloaded your Sweat Wallet app, now is the time to do it. In fact, more than 25 billion sweatcoins have been created so far that could be matched in crypto at the TGE. More than 40,000 people took part in the public sale, which sold out in 15 minutes and set records for the platform both in number of participants and time to sell out.įor the rest of the more than 110 million users in more than 60 countries that didn’t get their foot in the door early, there is still a way to kick off with some “cash” in their crypto wallets when SWEAT goes live. The new token SWEAT will officially launch on 13 September, though $1m of the crypto has already been sold on DAO Maker, marking the transition from users just creating the app's own sweatcoin to generating crypto by walking. The winner of the draw will be announced in a live stream on Monday, 15 May, at 2:00 PM UTC.After a few months' delay, Sweatcoin’s Token Generation Event (TGE) finally lands tomorrow. You can add your email after clicking ‘Enter here’, and then you are done. Before clicking ‘Enter here,’ you must ensure that enough Sweatcoin has been staked as described above. After this, you must put at least 25 SWEAT into the jar and slide to confirm.Īfter completing all the steps described above, the participants must head to the ‘Rewards’ tab and click on the Sweat Wanderer banner. From there, you need to ‘Create a new jar’ and then select 12% from the top. ![]() Once the Sweatcoin app opens, you need to Opt-in to crypto, and the Sweat Wallet homepage will appear in front of you. After downloading the application, you must log in by selecting the ‘Login with Sweatcoin’ button in the app. The app can be downloaded by iPhone and Android users from their respective Play stores. The following steps must be taken in order to enter the draw.įirst of all, the participants will be required to download the Sweat Wallet App.
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