With Sweatcoin, the pedometer app, you can earn by walking and you can spend the cryptocurrency accumulated in the shop of the same app.
More and more often the world of apps is running to help people in their daily lives: from the one that allows you to count calories and organize your diet, to the one that allows you to have an online agenda always at your disposal, from apps that produce simultaneous translations of texts to those for counting steps and kilometers traveled. The latter is a very large slice of the industry, in which Sweatcoin also fits.
What is it? Sweatcoin is a new generation of pedometer, which in addition to tracking the route taken and counting the kilometers, allows you to receive a virtual payment based on the distance covered, spendable to buy various things directly from the store of the app itself: currency to spend a gadget, sports equipment, food products, but also technology and much more.
How to download Sweatcoin
The Sweatcoin app can be downloaded from Apple or Google stores. Once installed, you will have to open it and then follow the instructions that will appear on your screen. First of all, you’ll have to set up your username, then you’ll have to make sure that the app can have access to the information related to movement and sport recorded by your cell phone and the applications that concern them. In addition, the app will ask you to have access to sharing your location. The app will be able to distinguish between walks outdoors and steps taken indoors, which are not paid.
Once all the steps are completed a verification will be requested by sending a code to the phone, then the app will be ready to be used. All that’s left then is to start your own movement, and with it to accumulate cryptocurrency.
How Sweatcoin System Works
Before using Sweatcoin, the first thing to understand is how it works. It is a system that, by paying for movement, induces the user to promote a healthy lifestyle. The movement is then rewarded with these “sweat coins”, and the activity tracker keeps track of the progress made.
The SWC earned can be spent in a special section of the app, where you can find different types of products. New items are added every week that you can buy, and there is a very wide choice. And if you don’t have enough coins, but you want a certain object at any cost? No problem: the products on the Sweatcoin marketplace can also be purchased in euros.
Sweatcoin has a number of very interesting functions. Starting with the pedometer, which runs in the background, so as not to waste battery. Then there is the Marketplace, which allows you to receive offers, rewards and discounts, but also redeem the coins received. Also through this app you can fund Crowdfunding activities, helping charity projects. You can also set goals that you want to achieve, so that you always have an eye on them.
Invite Friends on Sweatcoin
The app allows you to add and invite friends, and this allows you to build a platform of followers. But inviting friends also allows you to earn money. Invitations to friends can be made via your phone’s address book, or with Facebook Connect, or by sharing your referral link on a social media, in an email or in a text message. For every friend who joins the platform through the link you receive, you earn 5 Sweatcoins.
For friends who already use the app, you can send them Sweatcoins, using their username. However, you have to be careful to send them to the right person.
How much are Sweatcoins worth in euros
At this point, the question arises: how much are Sweatcoins worth in euros? One Sweatcoin is worth 0.05 euros. This means that to get 1,000 euros you have to accumulate 20,000 SWC. Considering that you get 0.95 SWC for every 1,000 steps, with this app you earn 0.0000475 euros for every step. In short, to accumulate important figures takes time. Those who wonder, when faced with a certain amount of Sweatcoin, how to convert them into money, know that at the moment you can not convert the cryptocurrency in question into euros, so you will have to use what you earn directly on the app. In compensation you can think, having Sweatcoin, how to transfer the money to Paypal. In this case you will have to have a high balance and invite at least 100 people, in order to turn your balance into a PayPal gift card.