What Is Sweatcoin?

Move-to-earn is a recent development introduced via apps like Sweatcoin

The underlying idea is to allow users to make passive income while they perform daily physical activities

Move to earn forms a part of the gamification process

It is an app-based cryptocurrency that is created to reward the users who join the system and indulge in physical activities

The Sweatcoin token (SWEAT) is created by using the Ethereum (ETH) and Near Protocol (NEAR) blockchains

Sweatcoin offers a freely installable application that supports Android, Windows, and iOS. The application uses the device’s built-in accelerometer to track how many steps you take every day

The amount of exercise you do determines how much sweatcoin you’d earn on this platform

The SWEAT token will act as the signature cryptocurrency for the Sweatcoin app