👀 Ones to watch: The MOST undervalued stocks to buy right nowSee Undervalued Stocks

Sweatcoin (SWEAT) Breaks Public Sale Record On DAOMaker Hours To Web3 Launch

Published 09/12/2022, 09:50 AM
Updated 09/12/2022, 10:30 AM
© Reuters.  Sweatcoin (SWEAT) Breaks Public Sale Record On DAOMaker Hours To Web3 Launch
AAPL
-
AMZN
-
NKE
-
TWTR
-
BTC/USD
-
ETH/USD
-
DOGE/USD
-
SHIB/USD
-

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 apps, 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.

Some of the perks of $SWEAT jars include:

  • Stablecoins
  • Metaverse items & NFT prizes
  • Bluechip brand gift vouchers, such as Amazon (NASDAQ:AMZN) or Nike (NYSE:NKE)
  • Discount tickets to major sporting events, gigs
  • 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 memecoin 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, Italy among many more. It’s also beloved by the Baltic States – Lithuania, Latvia & Estonia and North Africa – Tunisia & Morocco.

On the Flipside

  • Crypto enthusiasts on Twitter (NYSE:TWTR) are wondering how much will the new cryptocurrency be worth, but so far Sweatcoin (SWEAT) price is unknown.

Why You Should Care

Being the #1 most downloaded app on Apple (NASDAQ:AAPL) 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)

Continue reading on DailyCoin

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.