Currently, the sweatcoin coins you earn can only be used to purchase items in in-app items. However, this is not virtual money, although the intention of developers to turn it into virtual money. Pedestrians can still get a physical reward, anything from gym cards to iPhone X. Alternatively, you can join Sweatcoin to sell coins for a few cents ( USD).
The technology used in Sweatcoin is quite simple, it uses motion-sensing technology and GPS tracking to calculate user steps and pay you appropriately.
This application was developed in 2014 in London when two Russian businessmen came up with ideas about how to both exercise and receive economic value. And it has quickly become a popular app with more than two million users every week creating about 500 million downloads so far.
Sweatcoin is available on Android and iPhone and does not take long to be able to use this application.
Step 1. Download the app from the app store.
Download : Sweatcoin for iPhone
Download : Sweatcoin for Android
Step 2. Set up user accounts.
Step 3 . Turn on GPS location service.
Step 4 . Start walking.
Here are some tips to help you both have a flexible body and earn money.
The best way to find Sweatcoin is to walk outdoors, because the app doesn't count steps in the home or treadmill even when you turn on location services. The development team is working hard to make the monitoring of indoor steps more reliable. However, because GPS is better located outside, your steps will not be refunded 100%, you can only get about 65%.
By default, users can only earn 5 sweatcoin per day, with "Mover" level. However, if you find yourself exceeding that limit, you can upgrade your account to "Shaker" (10 sweatcoin per day), "Quaker" (15 sweatcoin per day) or "Breaker" (20 sweatcoin per day). ). To upgrade your account you can use the sweatcoin earned in the app.
How to use sweatcoin is Sweatcoin's existing store clearance. The products offered here are frequently changed and are mainly offered by free or discounted retailers, who consider it a good opportunity to promote their products. You will find a lot of health classes, fitness equipment, exercise videos, and other offers in the store because the target audience is mostly people who exercise.
Another way to use sweatcoin is to sell it. The application allows users to exchange coins together and have several sweatcoin sales markets online. So you can sell coins for cash or other items.
Although it looks like sweatcoin is a virtual currency and the way it is used also has a virtual money-like part. However, in January 2018, the company (SweatCo Ltd.) received nearly $ 6 million in venture capital financing, and then announced that they are implementing a blockchain. Existing Sweatcoin coins will be converted into this new currency, so if you are looking for a safe way to invest in the pre-coding market, try Sweatcoin.
Sweatcoin probably won't be the next Bitcoin, but the prospect of earning a few cents by walking may be longer than Pokemon Go. You have nothing to lose but the battery and health and money. A proper investment?
But of course things are not easy. Items that cost up to 20,000 sweatcoin, meaning that it takes 10,000 steps a day, takes a decade.
Even if you go through enough steps, they will not be counted immediately because Sweatcoin does not count steps in the home or on the machine. In addition, this application counts fewer steps than other similar applications. Despite these limitations, this application is still very popular with users.
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