Sweat Economy, the Web3 project designed to unlock the economic value of movement, is launching in the United States. The arrival of the Sweat Wallet application and its native token, $SWEAT, will coincide with the first anniversary of the venture’s global launch on September 12. Sweat Wallet has been consistently ranked Top 10 Blockchain Dapps on DappRadar since their Token Generation Event (TGE) in September 2022.

Although their Sweatcoin app (web2) has been available in the US market since 2016 - rewarding millions of US users with loyalty points (‘Sweatcoins’) for their steps - last year’s SWEAT token and Sweat Wallet launches saw them frozen out due to regulatory barriers. They were consequently unable to participate in the original Token Generation Event (TGE), receive their $SWEAT allocation, or start generating $SWEAT by walking.

Now, US residents can install Sweat Wallet on September 12. On this date, existing Sweatcoin app users will receive their allocations of $SWEAT in proportion to their current Sweatcoin holdings, and can start earning more tokens for their steps right away.

“It is a great pleasure to finally bring Sweat Wallet to the US market,” said Oleg Fomenko, Co-Founder of Sweat Economy.

“Since last year, we have been inundated by requests from our US users, who have been desperate to… literally… walk into crypto. Although we wish we could have made this announcement last year - better late than never! It’s wonderful to announce the good news to our millions of US-based users now.”

“I have no doubt that Sweat Economy will make a tremendous impact in the United States, having already become the most-downloaded financial app in over 50 countries.”

In addition to earning $SWEAT through walking, users can access a crypto trading facility, tangible rewards, Learn and Earn, and play an NFT game, Sweat Hero, all from within the Sweat Wallet app.

The team has stressed that $SWEAT tokens for the long-anticipated US launch will not come from additional token emissions but from existing token allocations.

Established in 2015, Sweat Economy promotes healthier living by encouraging people to move more. Sweatcoin, the most downloaded health and fitness app globally in 2022, incentivizes over 130 million users to move more by earning sweatcoins, dubbed 'Airmiles for steps.' The in-app currency can be redeemed for branded products, digital services, or donated to various charities. Last summer, Sweat Economy launched the Sweat Wallet app and its cryptocurrency, $SWEAT, to further reward users and establish a tangible financial unit of value for movement. Over 14 million users received airdropped tokens, constituting the largest crypto giveaway ever. By harnessing the decentralized power of Web3, the company is well on its way to creating a true economy of movement where health and wealth intersect.