What is Sweatcoin?
Sweatcoin allows you to earn digital currency simply by taking a walk or running. Furthermore, this can be done through your cell phone after downloading the application. Basically what it does is tracks all outdoor steps and gives you a reward. One Sweatcoin equals a 1,000 steps.
You then get to buy all sorts of fitness related gifts on the app with your Sweatcoin rewards. Including, Amazon and Paypal giftcards. It doesn’t matter if you want to purchase a wearable fitness watch, download your favorite music, some high-end running shoes, an energy drink or some trendy electronics. It’s considered “mining” currency through exercise but it is a firm guarantee you receive them usually less than 10 minutes. That currency is Bitcoin (BTC) a cryptocurrency. Sweatcoin is a App that pays you to get fit. As a matter of fact, it is by far the best App out there showing you actually converting steps to actual money in your pocket. Additionally, the device tracks all outdoor activity by using what’s called “acceleometers” along with using sophisticated GPS. Sweatcoin is a revolutionary ingenuous product when it comes to tracking one’s fitness experience.
Sweatcoin Referral Program
If you prefer to donate your Sweatcoins, the company has been helping charities that they partner with all across the country. Therefore, if you are a business and looking to place your brand on the platform. You can buy up to four slots that will be seen by fitness fanatics seeking new exercise products and accessories. Impressively, with The Sweatcoin Referral Program you will earn 5 Sweatcoins for each person referred.
Sweatcoin is free. Award points are called sweat coins. The companies popularity grew in the last summer and became one of the most downloaded exercise applications in the United States, according to analytics firm App Annie. Sweatcoin App reviews show that this platform continues to be high-ranking among health and fitness tracking products.
Sweatcoins is based out of london and it’s additional phase of funding raised upwards of 1.6 million dollars. Gartner, a popular marketing research company states that there is an expected 350 million wearable devices to be sold annually around the globe.
Sweatcoins concept pulls from behavioral economics, the influence of psychology and emotions on decisions, and the direct attempt to encourage people to become more fit. Co-founder Anton Derlyatka believes physical movement involves economic value. He further says the applications goal is to decrease human tendency to binge eat while instead offering exercise as a better alternative. Hopefully it can turn a couch potato into an active person.
Sweatcoin’s cleverly design detects cheating or using the system in a fraudulent manner. In addition, the program can successfully identify upwards of 65% of an actual users steps. Not to mention, the developers are diligently working towards improvement to the accuracy and speed of its algorithm and will track indoors steps in the future.
Sweatcoin App Review
Overall, this Sweatcoin App is a great motivator to anyone struggling with exercise and simply just needing and motivational boost. In addition, the application is easy to use and has a list of products you can purchase with your acquired points. Furthermore, with such good incentives the Sweatcoin Referral Program will help anyone who is hesitant about being physically active. You can find encouragement using this application. All in all, Sweatcoin Rewards are exciting and fun to earn. Given these points, I highly recommend downloading this App.