Much like Sweatcoin, you earn Bitwalking Dollars (BW$) by walking or running. For approximately every 10,000 steps you take, you earn 1 BW$, which is currently (as of May 2018) set to $1 on their offers marketplace.
Bitwalking creators say they are working on an automated exchange which would allow you to exchange BW$ for money or other cryptocurrencies.
The app is still a new release, but users are reporting the accumulation of BW$, and some have successfully traded the coins to other users.
To earn Bitwalking dollars, simply leave the app running on your phone during your walks and runs. This allows you to literally forget about the app and earn money in the background.
Could the price of BW$ skyrocket?
If you keep up to date in the world of cryptocurrencies, you may have heard of people literally getting rich overnight when a coin skyrockets. You want to know if that can happen with the price of BW$, right? Well, because everyone can earn Bitwalking dollars equally – you don’t need a computer to ‘mine’ – and because the number of potential BW$ is unlimited, it’s not so likely that the price will multiply as other coins.
However, that ‘downside’ is a benefit when you consider the stability of a coin that is backed by physical steps. 10K steps will always be 1 BW$, so you are guaranteed to make a set amount of profit if you, let’s say, decide to go on a 5-mile run.