Sweatcoin Sees 100,000 New Users Daily After Launch in April -Breaking
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© Reuters. Sweatcoin Attracts 100,000 Users Everyday Since Its April Launch- Over 3.4 Million wallets have been created by SWEAT since the launch of its mobile app.
- Every day, around 100,000 people have signed up for the service since it was launched.
- This incentive primarily encourages people to live healthier lives.
Over 3.4 Million wallets have been created through the SWEAT mobile app since the April 12th launch of its crypto token SWEAT. The total number of sweatcoins available is now over 860,000,000. This will match SWEAT’s token generation event on July 20, 2022.
SWEAT, a token that can be used to move and earn tokens, allows users to track their movements on smartphones in order for them to make the token.
Company stated that they are launching a global currency using the movement and value of steps. Steps will be the only thing that can make SWEAT.
Sweatcoin’s app has shown a tremendous growth in the last month. The app saw seven million more users in the period May 1-April 4. This brings the global total for sweatcoin usage to more than 76,000 million. Sweatcoin saw an average 22% increase in usage within a single month.
Sweatcoin became the top-rated app on the App Store, Google (NASDAQ 🙂 Play in Brazil within two months of its initial launch. It continues to be a marvel as the app saw $71 million worth of value-exchanges on its app marketplace during Q1 2022.
The co-founder of Sweatcoin, Oleg Fomenko, also stated that Sweatcoin has “seen around 100,000 people sign up every day since our launch. This is already one of the biggest onramps into crypto ever with more and more people buying into the move-to-earn concept.”
Sweatcoin’s primary goal is to motivate people to exercise more. The company released a report that showed people walked an average of 20% more after using the app.
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