• Sweat Economy is a web3 project that seeks to unlock the economic value of movement through its Sweatcoin app and SWEAT token.
• The US launch of its wallet application and native token SWEAT is scheduled for September 12th, 2023.
• US users will be able to receive their allocations of SWEAT in proportion to their current ‚Sweatcoin‘ holdings as well as start earning more tokens for their steps.
Sweat Economy’s Web3 Wallet App
Sweat Economy is a Web3 project seeking to unlock the economic value of movement by launching its native token, SWEAT, alongside its Web3 wallet application, Sweat Wallet. It had originally launched in September 2022 but failed to pass regulatory barriers in the US.
SWEAT Token Launch in the US
The team behind Sweat Economy has now announced that they are planning on re-launching the wallet application and its native token, SWEAT, in the United States later this year on September 12th, 2023.
US Customers Receiving Allocations
US customers will then be able to install the Sweat Wallet app on that day and receive their allocations of SWEAT tokens in proportion to their current ‚Sweatcoin‘ holdings. They will also be able to start earning more tokens by walking right away.
No Additional Token Emissions
The team emphasized that tokens will not come from additional token emissions but from existing token allocations instead. Founder Oleg Fomenko said it was a pleasure for them finally bring the project home after beginning overseas.
Sweat Economy is an innovative project unlocking new economic opportunities with movement through its Web3 wallet app and native token SWEAT which will soon launch in the US market on September 12th, 2023.