A very well-known mobile fitness software called Sweatcoin was initially released in 2016. The program, which has more than 110 million users globally, aims to encourage better living by paying users for regular physical exercise.

Sweatcoin, an in-app currency that isn't a cryptocurrency but serves as a financial incentive to reward users for their physical activity, is given to users as a reward. Users may now exchange Sweatcoin for SWEAT, the cryptocurrency token, to win things in the real world. The top-downloaded health and fitness app in 58 countries at the time of writing in September 2022 is Sweatcoin.Sweatcoin's brand-new web3 effort is called Sweat Economy. A cryptocurrency token called SWEAT and a cryptocurrency wallet called Sweat Wallet are introduced within the Sweat Economy app. In the four months after the introduction, more than 13 million wallets have been made. Additionally, Sweatcoin has acquired $13 million in investor investment and intends to host a strong hold offering on the DAO Maker launchpad in addition to a public token sale.