Sweat Economy Launch Breaks Crypto Records

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London, UK, 20th September, 2022, Chainwire

Last week, Sweat Economy - the ‘economy of movement’ -  successfully launched on NEAR with the largest ever airdrop to active, opted-in, wallets. The Move-to-Earn platform, active in web2 since 2016 with over 120 million global users of its Sweatcoin app, distributed their new web3 SWEAT token to 13.5M token holders. The Sweat Wallet app quickly became the No.1 most downloaded Finance app in 51 countries. This follows SWEAT’s success as the fastest IDO ever to sell out on the DAO Maker platform.  

Sweat Economy distributed over 4.7 Billion of its newly launched SWEAT token to the 13.5M of its Sweatcoin users who opted to enter into Web3. For many of these users, it is their first experience with Web3, making this airdrop the largest ever on-ramping of self-custody users from Web2 to Web3.

To facilitate the onboarding, Sweat Economy has launched its Sweat Wallet, which is purpose-built to be approachable enough for the many Sweatcoin users who have never interacted with a blockchain before, yet powerful enough to handle token staking, NFT games, and the many more features set to make up the economy of movement. Over 2M users downloaded and activated the Sweat Wallet app within 72 hours of TGE. Sweat Wallet is the second most used dApp across all chains since its launch.

Over the course of the week, the newly launched Sweat Wallet app reached the no.1 Finance app spot in 51 countries and was a top 5 Finance app in 115 countries (plus the most downloaded app across all categories in 8 countries).  In addition, the original Sweatcoin app -