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| 1 Year | 5 Year | 5 Year Annualized | Since IPO | |
|---|---|---|---|---|
| SWEAT | -90.23% | N/A | N/A | -99% |
| S&P | +11.79% | +73.73% | +11.67% | +66% |
Sweat Economy is a web3 initiative that rewards users for physical activity. It introduced the SWEAT crypto token and Sweat Wallet, allowing users to convert their in-app Sweatcoins into SWEAT for real-world rewards. SWEAT tokenizes physical activity, incentivizing users under a “move-to-earn” model. This approach aims to promote a healthier and more active world, potentially impacting global health and reducing healthcare system burdens. The co-founders of Sweat Economy are Oleg Fomenko, Anton Derlyatka and Egor Khmelev. They come from diverse backgrounds, including entrepreneurship, fitness tech, development, traditional finance, and the crypto sector.
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