Sweatcoin is an app developed by Sweatco LTD. based in London, UK. Founded in 2014.
The founders of this app are Oleg Fomenko and Anton Derlyatka
Sweatcoin is an app that literally pays you to get fit, rewarding you in a digital currency called Sweatcoin. You earn just under 1 Sweatcoin per 1000 steps you make in a day. Given the average suggestion of 10,000 steps in a day to keep physically fit, this equates to about 10 Sweatcoins earned per day on average by its health-oriented users
Sweatcoin has received funding from many entrepreneurial investors, with its biggest so far (as of writing) being $5.7 million. This spells out very good news for 2018’s #1 fitness app.
This massive investment has several implications. It gives Sweatco Inc. more money to fund even better offers on its marketplace. It also enables the team to develop an official blockchain to allow easy purchasing and selling of coins on a cryptocurrency exchange.
Sweatco is certainly one of the companies to watch out for in 2018. To learn more about Sweatcoin check out our Frequently Asked Questions page!
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