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  • $SWEAT Whitepaper
    • 1. Introduction: Movement Is All You Need
    • 2. The Movement Economy
      • 2.1 $SWEAT: The Currency of Movement
      • 2.2 Value of Movement
      • 2.3 Academic Research
      • 2.4 Crowdsourced DAO Wisdom
      • 2.5 A New Economic Benchmark
      • 2.6 Consumer Crypto: Leading Next Wave of Web3 Adoption
      • 2.7 Movement Economy vs. Attention Economy
      • 2.8 Similarities: Movement and Attention
      • 2.9 The Movement Economy: A More Empowering Model
      • 2.10 Movement: The Most Powerful Onboarding Mechanism in Web3
      • 2.11 AI Agents and Chain Abstraction
      • 2.12 $SWEAT and the Consumer Crypto Thesis
    • 3. Sweat Wallet: Gateway to the Movement Economy
      • 3.1 Core Pillars of the Sweat Wallet
      • 3.2 NEAR Blockchain
      • 3.3 NEAR & SWEAT: Pioneering AI in Web3
      • 3.4 Sweat Wallet Multichain – 1:1:1 – One Wallet, One Key, One Token
      • 3.5 NEAR Intents: Cross-Chain Simplicity, Powered by Intelligence
      • 3.6 AI Agents: Your Web3 Wingman
      • 3.7 AI: Redefining Web3’s Future
      • 3.8 Sweatcoin: Proof That Moves You Forward
    • 4. Tokenomics: $SWEAT – The Currency of Movement
      • 4.1 Minting and Supply Model: Your Steps, Your Wealth
      • 4.2 Token Distribution: A Community-Driven Foundation
        • 4.2.1 Current Token Distribution: A Thriving Community Majority
      • 4.3 Utility: The Five Actions of $SWEAT
      • 4.4 Scarcity and Value: A System That Strengthens Over Time
      • 4.5 DAO Governance
    • 5. Growth Opportunity
      • 5.1 Movement Economy: A Global Value Shift in Motion
      • 5.2 Onboarding: Simplicity Designed for Scale
      • 5.3 Global Reach: Infrastructure Built for Inclusion
      • 5.4 Ecosystem Scale: From Activity to Economic Gravity
      • 5.5. Revenue Streams: Fueling Growth, Funding Sustainability
      • 5.6 Competitive Advantage: First Mover, Long-Term Leader
    • 6. Partnerships: A Movement Powered by Strategic Collaboration
      • 6.1 NEAR Protocol: The Engine Behind SWEAT’s Scale
      • 6.2 NEAR.AI: Intelligence That Scales
      • 6.3 RunGP: Movement on the Global Stage
      • 6.4 Sweatcoin: The On-Ramp That Started It All
    • 7. Roadmap: From First Steps to Massive Scale
      • 7.1 Milestones Achieved
      • 7.2 Roadmap: Future Plans and Ecosystem Expansion
    • 8. Founders and Team
      • 8.1 Executive Team
    • 9. Challenges & Risks: Securing the Movement Economy
    • 10. Conclusion
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  1. $SWEAT Whitepaper
  2. 4. Tokenomics: $SWEAT – The Currency of Movement

4.1 Minting and Supply Model: Your Steps, Your Wealth

Previous4. Tokenomics: $SWEAT – The Currency of MovementNext4.2 Token Distribution: A Community-Driven Foundation

Last updated 1 day ago

Every $SWEAT token is born from your movement. A currency forged not by machines, but by your own human effort. Whether you’re walking to work or jogging in the park, Sweatcoin’s advanced technology verifies your steps, minting $SWEAT directly into your Sweat Wallet. It’s one of the only assets in the world where physical activity creates digital value, making every step a proof of effort.

Unlike Bitcoin or other cryptocurrencies with fixed supply caps, $SWEAT embraces an uncapped emission model. As long as people move and join the Movement Economy, new tokens can be created, reflecting the boundless and global nature of human energy, a resource accessible to anyone, anywhere. While an uncapped supply might seem counterintuitive in a world that often directly equates scarcity with value, $SWEAT’s design turns this model into a strength through a carefully engineered deflationary framework. We ensure scarcity and protect value over time through two primary mechanisms: more effort to mint over time and token burns.

By making $SWEAT progressively harder to earn and actively reducing supply through burns, we create a system where the value of your tokens grows as the ecosystem scales, balancing accessibility with long-term sustainability.

Here’s how it works: at launch in September 2022, it took just 1,000 steps to mint 1 $SWEAT. But earning $SWEAT gets harder over time, where each day the step requirement increases by 12 steps. By April 2025, approximately 943 days since launch, the step requirement has risen to around 7,600 steps for 1 $SWEAT. This linear difficulty increase creates predictable scarcity, ensuring that early adopters and consistent movers are rewarded most.

Meanwhile, token burns (detailed in Section 4.4) actively remove $SWEAT from circulation, further tightening supply as demand grows.

  • Example: In September 2022, a quick 1,000-step walk earned you 1 $SWEAT. Today, in April 2025 you’d need 7,600 steps, equivalent to a 5-mile run, for the same token. A year from now, that could climb to over 11,000 steps, making each $SWEAT a powerful symbol of your commitment.

This approach mirrors the Movement Economy’s ethos: your effort drives value, and scarcity ensures that value endures. Unlike Bitcoin’s halving, which reduces mining rewards through computational limits, $SWEAT’s deflationary curve is tied to human effort—a more inclusive and sustainable approach that ensures accessibility while protecting long-term value.

Figure : $SWEAT Minting Difficulty Over Time with Total Emitted From Steps