Sweat Economy
- Company typePrivate
- Founded2022
- HeadquartersVirgin, United States
- Headcount11–50
- GTM typeB2C
- OfferingSoftware
Sweat Economy firmographics
Firmographics- Name
- Sweat Economy
- Legal name
- Sweat Economy
- Website
- https://sweateconomy.com
- Company type
- Private
- Founded year
- 2022
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Ownership category
- akta.pro rank
Where Sweat Economy is headquartered
LocationHeadquarters
- HQ city
- Virgin
- HQ country
- United States
- HQ region
- North America
Markets served
Sweat Economy business model
Business model- GTM type
- B2C
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Marketing or Sales, Operations
Revenue model
- Token Minting and Emissions: The $SWEAT token is generated through user physical activity. The company controls token emissions to secure scarcity, with a 50% reduction in $SWEAT minting announced in March 2025.
Go-to-market motion1 record
Distribution channels3 records
Marketing channels9 records
Sweat Economy product offering
Product offeringCore offering
Sweat Economy operates a movement-to-earn cryptocurrency ecosystem where users generate and own $SWEAT tokens (built on NEAR Protocol) by performing physical activity such as walking and running. The Sweat Wallet mobile application (iOS and Android) serves as the primary interface, enabling multichain portfolio management, automated reward compounding through Growth Jars, and personalized earning strategies via the Mia AI-powered guide. The company controls token emissions to manage scarcity and lists $SWEAT on multiple cryptocurrency exchanges.
Product overview
Sweat Economy operates as a movement-based cryptocurrency ecosystem consisting of two core offerings: the $SWEAT token (built on NEAR Protocol) that users earn through physical activity, and the Sweat Wallet mobile application that serves as the interface for managing crypto holdings across multiple chains. The ecosystem integrates AI capabilities through Mia, an AI-powered guide, and includes gamification features like Growth Jars for automated reward compounding.
Differentiator
Problem solved
Functional benefit
Brands
- Sweat Wallet: Mobile cryptocurrency wallet application that allows users to earn $SWEAT token through physical activity and manage crypto holdings across multiple chains.
- $SWEAT
- Step Jars
Products and services
- $SWEAT Token The native cryptocurrency token of the Sweat Economy ecosystem, built on NEAR Protocol, that users generate and own through physical activity. It turns movement into digital value and powers the Movement Economy, allowing $SWEAT to be used to cover fees across multiple chains and unlock exclusive offers and rewards.
- Sweat Wallet A mobile cryptocurrency wallet application available on iOS and Android that enables users to earn $SWEAT crypto through movement, manage multichain crypto portfolios, use $SWEAT to cover fees across multiple chains, supercharge earnings via Growth Jars automated rewards, access the Mia AI-powered guide for personalized strategies, and unlock exclusive offers and limited-time deals.
Quantifiable outcome
- 20 million+ token holders since launch
- +2 more outcomes
Companies that use Sweat Economy
Customer profileNamed customers2 records
Segments2 records
Ideal customer profiles2 records
Sweat Economy technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
AI capability1 record
Feature4 records
Sweat Economy partnerships and signals
Strategic signalPartnerships
Nine partnerships are on record, tiered core and minor.
- NEAR ProtocolcoreNEAR Protocol is the blockchain foundation on which $SWEAT token is built, powering the Movement Economy with efficient, low-cost transactions.
- OKXcoreOKX is a cryptocurrency exchange partner that supports $SWEAT token trading and liquidity.
- BitGetcoreBitGet is a cryptocurrency exchange partner supporting $SWEAT token listings and trading.
- BYBITcoreBYBIT is a cryptocurrency exchange partner supporting $SWEAT token trading.
- BITFINEXcoreBITFINEX is a cryptocurrency exchange partner supporting $SWEAT token.
- RUNGPcoreRunGP is a team-based endurance racing league that will hold events on Formula One circuits. Sweat Economy partners with RunGP to integrate the Movement Economy into professional racing events.
- DAZNcoreDAZN is a global streaming platform that backs RunGP league, providing broadcast reach for the endurance racing events partnered with Sweat Economy.
- Sports For NatureminorSports For Nature is a sustainability partner for RunGP, aligning with Sweat Economy's movement-focused mission.
- SWEATCOINcoreSWEATCOIN is the predecessor/step counting app that evolved into Sweat Economy, representing the foundational brand history.
Scale indicators4 records
Recent moves6 records
Expansion highlights6 records
Sweat Economy competitors and assessment
Company assessmentBroad incumbents
- MetaMask: MetaMask is the largest self-custody multichain crypto wallet with deep DeFi integrations. It competes with Sweat Wallet for multichain consumer crypto management, though it does not offer movement-to-earn mechanics.
- Trust Wallet: Trust Wallet is a widely used multichain consumer crypto wallet owned by Binance, supporting multiple blockchains and tokens. It is a broad incumbent comparison for Sweat Wallet's multichain portfolio management and consumer wallet features.
- OKX Wallet: OKX Wallet is the consumer wallet from the OKX exchange, supporting multichain assets and DeFi access. It is comparable as both a partner and competitor to Sweat Wallet in the multichain consumer wallet space.
- Bitget Wallet: Bitget Wallet (formerly BitKeep) is a multichain crypto wallet from the Bitget exchange, supporting thousands of tokens across chains. It is a comparable consumer-facing crypto wallet and a current listing/partner of $SWEAT.
Direct peers
- Step App: Step App is a move-to-earn fitness platform on Avalanche offering FIT token rewards for physical activity. It targets the same consumer persona as Sweat Economy — health-conscious users wanting to monetize physical activity — with a similar mobile app-led acquisition model.
- STEPN: STEPN is the pioneering move-to-earn application built on Solana, where users earn GST tokens by walking, jogging, or running outdoors. It is the closest direct competitor to Sweat Economy, addressing the same consumer segment with the same movement-to-earn model but on a different blockchain.
- Sweatcoin: Sweatcoin is the predecessor step-counting app that evolved into Sweat Economy, converting outdoor steps into a non-crypto in-app currency redeemable for goods. It is highly comparable as it shares the same underlying brand history and movement-based reward mechanic.
- Walken: Walken is a move-to-earn fitness app that rewards users with WLKN tokens for walking, positioning itself as a more casual, gamified alternative to STEPN. It competes directly with Sweat Economy for health-conscious consumers seeking crypto rewards for daily activity.
Regional players
- Strava: Strava is the dominant activity-tracking and social fitness platform globally, with deep user engagement among runners and cyclists. It is comparable to Sweat Economy as the dominant incumbent in movement/fitness tracking that Sweat Wallet could either partner with or compete against for activity-driven consumer mindshare.
Emerging players
- Calo: Calo is an emerging move-to-earn app focused on healthier lifestyle habits with token incentives, targeting a similar health-conscious consumer segment as Sweat Economy but with a narrower fitness-tracking focus.
Market position
Strengths1 record
Weaknesses1 record
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Sweat Economy social profiles
Digital presenceSweat Economy financial estimates
Financial estimateRevenue estimate
Valuation estimate
Sweat Economy leadership team
Management profileNumber of profiles
Profiles1 record
Sweat Economy funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Sweat Economy M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Sweat Economy
What does Sweat Economy do?
Sweat Economy operates a movement-to-earn cryptocurrency ecosystem where users generate and own $SWEAT tokens (built on NEAR Protocol) by performing physical activity such as walking and running. The Sweat Wallet mobile application (iOS and Android) serves as the primary interface, enabling multichain portfolio management, automated reward compounding through Growth Jars, and personalized earning strategies via the Mia AI-powered guide. The company controls token emissions to manage scarcity and lists $SWEAT on multiple cryptocurrency exchanges.
Is Sweat Economy a public or private company?
Sweat Economy is a private company. It is classified as unknown and is currently operating.
When was Sweat Economy founded?
Sweat Economy was founded in 2022. It employs 11 to 50 people.
Where is Sweat Economy based?
Sweat Economy is headquartered in Virgin, United States, in the North America region.
How does Sweat Economy make money?
One revenue line is on record: token Minting and Emissions.
Who are Sweat Economy's main competitors?
Broad incumbents on record are MetaMask, Trust Wallet, OKX Wallet and Bitget Wallet. Direct peers are Step App, STEPN, Sweatcoin and Walken. Strava is listed as a regional player. Calo is listed as an emerging player.
Does Sweat Economy have an API?
No public API is recorded for Sweat Economy.