Sweatcoin’s business model is different from other move-to-earn apps. Presently, users can trade in their Sweatcoin balances for actual items or vouchers from established merchants such as Amazon, Apple and AirBnb, all of whom have fulfilled their obligations to deliver, from the numerous positive app store reviews. In Q1 of 2022 alone, $70M worth of goods and services from 600 merchants were exchanged for steps. These items range from sneakers to drones–the higher the value of an item, the more Sweatcoins one needs to purchase it. Once a user accumulates Sweatcoins, they can purchase items from the Sweatcoin marketplace and have them delivered to their doorstep. Because your movement has value, you should be paid for it. Sweatcoin’s premise is this: when you maintain your health, you become more productive and benefit society. For every 1,000 steps taken, a user receives 1 Sweatcoin, with a maximum cap of 5 Sweatcoins per day. Think of Sweatcoin as a paying FitBit–it is free to download, and once a user registers, the app starts tracking your steps and rewards you for it. The app, which ranks as the #1 app in over 60 countries according to its website, is available in iOS, Android app stores and Google Play, and has accumulated over 75 million downloads. Sweatcoin is a move-to-earn app that rewards users for walking…or sweating as the name indicates. This guide breaks down the Sweatcoin app, walking rewards, profit potential, and business model. However, one app stands heads and shoulders above the others with a unique business model–and top-ranking downloads. Move-To-Earn apps are the newest trend in the crypto industry, with apps such as Stepn ( GMT) achieving multi-billion dollar market capat the peak. However, users will be able to cash out their Sweatcoins when the SWEAT cryptocurrency launches in September 2022. Sweatcoin’s business model is dropshipping-based instead of users cashing out on the coins, they can purchase items in-app from merchants like Apple and Amazon.Users earn 1 Sweatcoins for every 1,000 steps with a maximum of 5 Sweatcoins per day, unless they upgrade to a premium version.Sweatcoin is the largest and fastest-growing move-to-earn app top-ranked in over 60 countries currently it tracks the amount of steps users take each day and deposits coins to their account.Get The Latest News And Updates From Phemex! Subscribe Summary:
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