Sweatcoin (SWEAT) Breaks Public Sale Record on DAOMaker, Hours to Web3 Launch

It pays to walk, especially after Sweatcoin’s token generation event on September 13th

Sweatcoin SWEAT Breaks Public Sale Record On DAOMaker Hours to Web3 Launch

Being healthy pays off, literally. The most popular crypto well-being app, Sweatcoin, has unveiled a countdown to the token generation event of Sweatcoin (SWEAT). This will merge Sweatcoin Economy’s Web2 and the forthcoming Web3 app, which already has 110 million subscribers worldwide. Previously, the company had raised $13 million in the first funding round back on August 1st,  2022. Today, the prime sale of the new cryptocurrency was sold out in 15 minutes on DAOMaker.

SWEAT Wallet: The Entry Point of Sweat Economy

This comes just a week after Sweat released the latest update to the Sweat Wallet app, which is required to be able to receive the cryptocurrency on launch. In addition, users will be able to stake their Sweatcoin (SWEAT) and grow jars, which later can be redeemed for rewards.

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Some of the perks of $SWEAT jars include:

  • Stablecoins
  • Metaverse items & NFT prizes
  • Bluechip brand gift vouchers, such as Amazon or Nike
  • Discount tickets to major sporting events
  • Community benefits, including money transfer

The initial version of Sweat Wallet launched on Android on July 30th, 2022, and has already seen over 1 million downloads. However, prior to the $SWEAT token launch, the balance is counted only in the ecosystem’s native token, Sweatcoin, and the “future balance” is vague about what the exchange rate will be between $SWEAT and Bitcoin (BTC), or even a popular meme coin like Shiba Inu (SHIB) or Dogecoin (DOGE).

66 Countries Are Walking for Crypto

After all, the success is evident in the numbers. On iOS, Sweatcoin is the most downloaded app in 66 countries. Indeed, the app is a big hit among people of the United Kingdom, the United States, Germany, Poland, France, and Italy, among many more. It’s also beloved by the Baltic States of Lithuania, Latvia, and Estonia, and North African countries like Tunisia and Morocco.

On the Flipside

Why You Should Care

Being the #1 most downloaded app on Apple Store in 66 countries, the Sweatcoin Economy has a rapidly growing community. The new crypto Sweatcoin (SWEAT) is launching on September 13th, 2022.

Read about STEPN, another very popular health & well-being app’s expansion to Ethereum (ETH)

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This article is for information purposes only and should not be considered trading or investment advice. Nothing herein shall be construed as financial, legal, or tax advice. Trading forex, cryptocurrencies, and CFDs pose a considerable risk of loss.

Author
Tadas Klimasevskis

Tadas Klimaševskis is a Lithuanian journalist at DailyCoin, specializing in covering the lighter side of the crypto industry such as memecoins and pop culture in the metaverse. He has experience as a music artist, English language teacher, and freelance writer, and uses his creative writing skills to summarize valuable information in his work. He is also a strong believer in the potential of blockchain and spends his free time listening to music, traveling, and watching basketball games.