Prominent Dapp ‘Sweat Economy’ All Set To Debut In The United States

Republished By Plato

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Sweat Economy, a Web3 initiative intended to reveal the economic value of movement, is commencing in the United States. On September 12, the Sweat Wallet app will debut, together with its native token, $SWEAT, marking the first anniversary of the venture’s worldwide start. Since its Token Generation Event (TGE) in September 2022, Sweat Wallet has regularly been placed among the Top 10 Blockchain Dapps on DappRadar.

Despite the fact that their Sweatcoin app (web2) has been offering loyalty points (or “Sweatcoins”) to millions of US customers since 2016, regulatory obstacles prevented them from launching their SWEAT token and Sweat Wallet last year. As a result, they were unable to take part in the first Token Generation Event (TGE), get their allotment of $SWEAT, or begin producing $SWEAT by walking.

On September 12, 2023, American citizens may now install Sweat Wallet. Existing Sweatcoin app users may begin earning extra tokens for their steps immediately after receiving their allocations of $SWEAT in accordance with their current Sweatcoin holdings on this date.

“It is a great pleasure to finally bring Sweat Wallet to the US market,” said Oleg Fomenko, Co-Founder of Sweat Economy.

“Since last year, we have been inundated by requests from our US users, who have been desperate to… literally… walk into crypto. Although we wish we could have made this announcement last year – better late than never! It’s wonderful to announce the good news to our millions of US-based users now.”

“I have no doubt that Sweat Economy will make a tremendous impact in the United States, having already become the most-downloaded financial app in over 50 countries.”

Users may access a crypto trading platform, physical rewards, Learn and Earn, and play an NFT game, Sweat Hero, all from inside the Sweat Wallet app in addition to earning $SWEAT by walking. The team has emphasized that the $SWEAT tokens for the much anticipated US launch would come from current token allocations rather than from new token emissions.