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NEAR Protocol Application ‘Sweatcoin’ gets bigger with 4M new wallets

NEAR Protocol Application Sweatcoin

There are many fitness applications in the web world but none of them provide you with benefitting rewards. They might make you aware of your health, but your workout does not add up in the rewarding system. But Sweatcoin Application built on NEAR Protocol, not only count your steps but rewards you with Sweatcoin token SWC for every 1,000 steps. Now Sweatcoin has announced of 4 million new Sweat wallets in last 27 days.

The move-to-earn application has partnered with Near Foundation to develop SWEAT crypto token. Many software applications are switching to blockchain technology to develop innovative and conceptualized decentralized applications for a better economy.

Blockchains like NEAR Protocol is empowering and addressing millions of innovative ideas around the world. Near blockchain is known for its secure, simple, and sustainable solutions for creating decentralized applications.

Also read: Everything you should know about Near Protocol (NEAR)

Source: Twitter

Sweatcoin is experiencing extraordinary growth by the Q1 of 2022. According to Sweatcoin, $71 million has been traded with the partnered marketplaces during the first quarter. As the organization has disclosed the tokenomics, there will be 860 millions Sweatcoins SWC available for allocations. A token event will be held to allocate the tokens by end of this year. Such combination of user-friendly crypto and physical movement-based ordeal will attract more wide range of market in the near future.

Recently, the company posted about reaching a milestone by adding 10 million new users in just 7 days. Currently there are 64 million active users who use the application on a daily routine and 100+ million predicted users. The special crypto-friendly application stands on top with 4.5 rating on both Google Playstore and 4.6 rating on Apple App Store.

Source: Apple App Store

Also read: Sweatcoin is launching SWEAT crypto tokens to reward physical moves

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