Web3 was built to empower users, but users were missing—until now. The blockchain world spent years perfecting its pipes, but forgot the people. That’s where $SWEAT steps in. With 20 million users, 3 million monthly actives, and 1.7 million monthly on-chain participants, $SWEAT is leading the Consumer Crypto shift.

This isn’t about hype or speculation. It’s about real people using blockchain to unlock value from their daily lives. You’re not just a user, you’re a pioneer in an era where your habits turn into wealth. While most projects scramble for thousands, $SWEAT has millions already on board, becoming Web3’s first truly mass-market consumer mobile product.

The Movement Economy isn’t only a distant idea. It’s a seismic shift in how value is created.

Imagine a world where every step you take not only drives your health but fuels a global economy, turning daily activity into real, financial opportunity. That’s what we’re building with $SWEAT. This is more than rewarding exercise, it’s redefining movement as wealth you can hold, accessible to anyone, anywhere.

We’re flipping the script on a global crisis: 1.8 billion people trapped in inactivity, draining economies with billions in losses. The Movement Economy takes a global challenge and transforms it into a multi-trillion-dollar opportunity, one step at a time. Your steps are your stake in a revolution. With 20 million people already stepping in, this isn’t a distant dream—it’s a living, breathing reality reshaping lives right now.

A Shift from Extraction to Empowerment

Big Tech got rich off your eyes. Now it’s time your steps pay you. The Attention Economy turned your screen time into a $7 trillion empire, but left you with nothing. The Movement Economy flips that script: your movement is valuable, and you get to keep the rewards.

Here’s the difference:

• In the Attention Economy, your time feeds giants.

• In the Movement Economy, your steps feed your wallet.

It’s simple: you’re not the product anymore, you’re the owner. With $SWEAT, every step you take builds your wealth, not someone else’s empire.

We’ve cracked the code. Your steps are now a measurable asset. For the first time ever, we have a proven way to measure and turn your movement into real value. This is the blueprint for a fairer economy where your effort pays off. Backed by data from top universities and over 100,000 users worldwide, this benchmark shapes every part of the Movement Economy.

Here’s how it powers $SWEAT:

• Rewards that match your value: Your steps earn $SWEAT based on what movement is truly worth.

• Community-driven decisions: The data guides DAO votes, so you shape the future.

• Fair deals for partners: Businesses and insurers get clear, data-backed incentives to join.

• Sustainable growth: It fuels staking and token models that keep the economy strong.

• Real-world impact: Governments and health systems can use it to reward movement.

This benchmark isn’t only for $SWEAT, it’s a roadmap for the world to join the Movement Economy. As more people and organizations adopt $SWEAT, we’re growing users and building a new standard for value.

Movement isn’t only about staying fit, it’s about fueling a better world. Picture this: your morning jog doesn’t just kickstart your day. It saves your city money, boosts your employer’s bottom line, and adds years to your life. That’s the Movement Economy in action. For too long, we’ve seen physical activity as a personal bonus, not a game-changer for society. But here’s the reality: when you move, everyone wins. Healthcare costs drop, businesses get sharper teams, and communities buzz with stronger, happier people.

Think about your daily walk. It’s a quiet strike against a system bleeding billions to inactivity. That weekend hike? It’s not only exercise, it’s a productivity boost you can feel at work. And for you, it’s beyond health, it’s about creating value with every step. The Movement Economy, powered by $SWEAT, turns this into reality. Your activity is transformed into wealth you can spend, trade, or grow.

Contrast this with the Attention Economy, where tech giants turned your screen time into their fortune while you got stuck scrolling. The Movement Economy flips that model on its head—your effort puts you in control. With $SWEAT it’s happening now, reshaping lives and economies one step at a time.

Quantifying the Economic Value of Movement

What’s an active day (10,000 steps) really worth? In 2024, the SWEAT Foundation partnered with top researchers across Europe to find out.

• University of Birmingham (UK)

Movement Is All You Need

Your movement holds the power to reshape the world. In an era defined by sedentary lifestyles and digital overload, the global economy is silently bleeding. 1.8 billion people worldwide are inactive—28% of adults and a staggering 81% of adolescents—driving an economic misalignment that costs the U.S. alone annually in healthcare and lost productivity. Obesity, fueled by this inactivity, piles on an additional annual burden, from medical expenses to increased sick days and disability claims. This isn’t only a health crisis—it’s an untapped opportunity.

"Movement Is All You Need", the title of this whitepaper, encapsulates a groundbreaking vision: the Movement Economy. Since 2014, Sweatcoin has laid the groundwork through the invention of Move2Earn, proving that physical activity can generate economic value. Now, we’re elevating that vision with $SWEAT, the world’s first tokenized asset class for physical movement.

The Movement Economy is already worth trillions of dollars across sectors such as healthcare, insurance, productivity, fitness, sportswear, and wearables

The Perceived Value of Movement

To complement institutional research, the SWEAT Foundation also activated the SWEAT DAO community, conducting one of the largest surveys of its kind. Over 100,000 users across 114 countries were asked a fundamental question:

“What is an active day worth to you?”

Their answers ranged from $0.52 to $9.50 per day. From bustling cities like Tokyo to small towns in Canada, the message was clear: movement matters. Being more than “just another survey”, it was proof that you’ve always felt the worth of your steps, demonstrating a universal human recognition of movement’s inherent value.

These numbers echo the academic data, showing movement’s value is a global truth. People know it instinctively, and we’ve quantified it. This crowdsourced wisdom drives $SWEAT, helping to shape rewards, guide DAO decisions, and set benchmarks for partnerships with employers and insurers. This is not only a data point, it’s a worldwide signal that the Movement Economy is here to stay.

This bottom-up valuation reinforces what top-down research has shown: movement is deeply perceived as an economic asset, not only by institutions and researchers but by everyday people who experience its benefits firsthand.

$SWEAT is the heartbeat of this new world… the first currency forged by your effort, not handed out or mined by machines. Every step you take mints $SWEAT, transforming your movement into a digital asset that’s yours to wield. Proof of your power, a bridge between the sweat on your brow and the wealth in your hands.

What Makes $SWEAT Unstoppable:

• Sweat-Powered: Earned through action.

• For Everyone: All you need is a smartphone and a pulse, no gatekeepers.

• Real as It Gets: You feel its worth because you’ve worked for it.

• Dual Impact: Lives on the blockchain, thrives in the real world.

Unlike the Attention Economy, where your time is used for someone else’s profit, $SWEAT allows you to own and benefit from the value you create through your movement. Here, you create the value, you own the value. With 20 million holders ranking it among the Top 10 most-held tokens, $SWEAT is already a force. Spend it on rewards, trade it for gains, or vote with it in the DAO to steer this economy’s future.

As $SWEAT evolves from a simple movement reward into a fully functional economic instrument, used to access services, buy products, pay for transactions, trade for liquidity, and govern an ecosystem, it becomes the backbone of an entirely new economy. One where your movement becomes your financial momentum.

Step into a world where your movement unlocks real value. The Sweat Wallet is more than just an app. It’s your access point to the Movement Economy, where every move you make turns into something valuable. Think of it as a one-stop hub that turns your steps into $SWEAT, letting you earn, spend, trade, and even shape the future, all from your phone. More than a wallet; it’s a game-changer that blends fitness, finance, and freedom into one seamless experience.

Built for simplicity and scale, the Sweat Wallet makes Web3 feel as easy as your favorite legacy app. The backend hums with cutting-edge blockchain tech, but the front end? It’s clean, intuitive, and mobile-first. You’ll engage with Web3 without even noticing the complexity. Whether you’re new to crypto or a seasoned pro, the Sweat Wallet empowers you to turn every move into tangible economic power.

Multichain is no longer a future goal, it’s now a lived experience.

This rollout is our vision for multichain, which we call 1:1:1, a unified model where your entire crypto journey is streamlined through:

• 1 Wallet: A single interface Sweat Wallet to manage your digital assets across chains.

• 1 Key: One NEAR-based key pair that unlocks access to multiple blockchain networks.

• 1 Token: $SWEAT used as the universal gas, reward, and utility token across the Movement Economy.

With 1:1:1, the Sweat Wallet becomes your cross-chain hub. Users can:

• Create and manage addresses for Ethereum, Arbitrum, Base, Binance Smart Chain, and NEAR.

• Deposit, send, and receive assets across these chains.

• Use $SWEAT to pay gas fees on every supported network.

• View and interact with all their assets through a single, elegant mobile experience.

1:1:1 collapses the complexity of multichain into a frictionless, familiar interface. There are no network toggles, no gas selection headaches, and no need for multiple wallets. Just movement, value, and simplicity working together to unlock the full power of Web3.

SWEAT’s AI Agents are powered by NEAR.AI. An innovation layer that brings personalized intelligence into the hands of every user. These agents, trained on over 700,000 real user queries, guide users through every interaction in Sweat Wallet, explaining features, spotting scams, and recommending actions in real time.

As user volume scales into the tens and hundreds of millions, NEAR.AI ensures that support remains personal, contextual, and human—even at machine speed. It turns each interaction into insight and action.

NEAR.AI is turning SWEAT’s digital economy into a smart economy. One where every user has a tailored experience, powered by decentralized intelligence.

In the Movement Economy, your steps aren’t just a path to better health, they’re the foundation of a new financial frontier. $SWEAT is the currency that powers this transformation, turning your physical effort into digital wealth. Building on the Sweat Wallet’s seamless integration (Chapter 3), this chapter unveils how $SWEAT is minted, distributed, and used, and why its design ensures lasting value as the ecosystem grows.

From earning tokens with every stride, spending them on partner goods and services, to shaping the future through community governance, $SWEAT puts you in control of a groundbreaking economic model. Let’s explore how.

NEAR serves the foundational infrastructure of the Movement Economy. A high-performance engine that delivers the speed, scalability, and security SWEAT needs to serve tens of millions of users with seamless, low-cost transactions.

Through NEAR’s Chain Abstraction technology, pioneered in its consumer facing implementation by Sweat Wallet, $SWEAT now operates as a true multichain asset, usable across Ethereum, BNB Chain, Arbitrum, and Base from a single NEAR account. Users can pay gas fees and interact across blockchains without friction, complexity, or a sense of insecurity.

This positions $SWEAT as one of the most versatile, interoperable tokens in Web3, with Bitcoin, Solana, TON, TRON and more chain integrations on the horizon, that reach will only expand. NEAR’s infrastructure makes it all possible, delivering Web3 performance at Web2 speed and simplicity.

The next wave of Web3 isn’t just multichain, it’s personal. $SWEAT’s AI Agents are set to become your go-to guides, think financial advisors, health buddies, and voting pals, all rolled into one. They’ll help you:

• Navigate chains effortlessly.

• Optimize your $SWEAT for max value.

• Manage health data with ease.

• Chat naturally to make decisions.

Our AI Agents are about giving you confidence and control in the Movement Economy. With AI as the future of Web3 UX, $SWEAT isn’t just bringing you in… it’s setting you up to shine.

The Movement Economy uses blockchain and tokenization to ensure that value flows directly to the people generating it.

It’s a model that:

• Empowers individuals, not platforms

• Incentivizes health, not addiction

• Rewards action, not distraction

• Builds ownership, not exploitation

Just like the Attention Economy unlocked trillions by monetizing a scarce resource, the Movement Economy will unlock new trillions through a model that’s fairer, healthier, and owned by the users themselves.

The Movement Economy is not simply a response to the Attention Economy, it’s an upgrade. One that puts individuals back at the center of the value chain.

And this time, you’re not the product anymore. You’re the owner.

Before Sweat Wallet, there was Sweatcoin, the original movement validator founded in 2014 that introduced hundreds of millions of people to the value of their steps.

With over 200 million users worldwide, Sweatcoin remains the entry point to Sweat Wallet and the Movement Economy, turning casual daily movement into tangible $SWEAT earnings. Its movement validation technology is the backbone of $SWEAT’s minting system—ensuring every token is rooted in real, verified physical effort.

Sweatcoin is a constant funnel of new users into Web3, helping to bridge the gap between simple movement and advanced crypto utility. For many, Sweatcoin is their first taste of a decentralized future and the first step toward full participation in the Movement Economy through Sweat Wallet.

The Movement Economy is no longer simply a concept—it’s a thriving, rapidly expanding ecosystem with unparalleled potential. Anchored by $SWEAT and the Sweat Wallet, this economy is redefining how physical activity creates real-world value, turning every step into a stake in a global financial frontier. As we explored in Chapter 4, $SWEAT’s tokenomics, utility, and community-driven governance make it a currency that grows with you.

Now, we’ll dive into the drivers behind the Movement Economy’s explosive growth, and why $SWEAT is just beginning its journey to market dominance. With seamless onboarding, global scalability, a robust ecosystem, diversified revenue streams, and a first-mover advantage, the Movement Economy is poised to become one of the most transformative economic narratives in Web3.

What began as a health movement is now emerging into a full-fledged economic engine. The Movement Economy spans staking, governance, marketplaces, rewards, partner integrations, and multichain interoperability. Every new feature compounds user engagement and expands $SWEAT’s role in everyday life.

The compounding effect is clear: as more users engage, more $SWEAT is minted, sunk, spent, and burned—deepening liquidity, reinforcing demand, and driving a sustainable value loop.

Unlike most Web3 projects that require technical know-how and upfront capital, the Movement Economy invites anyone to join, instantly. Download the Sweat Wallet, start walking, earn and engage.

With social logins, intuitive UX, and Web2-like simplicity, onboarding feels familiar, even as users start earning token-backed assets and engaging in decentralized features. No complicated wallets, no seed phrases, no friction—just movement and reward.

This is not only how SWEAT reached tens of millions of users, it’s why the model can scale to hundreds of millions more.

At the core of the Movement Economy lies a simple, universal truth: everyone moves. Movement is one of the most natural human behaviors: borderless, inclusive, and habitual, making it the ideal gateway into a new form of economic participation.

By converting movement into $SWEAT, the ecosystem turns effort into ownership. What used to be a personal health benefit now becomes an asset. One that users can spend, stake, govern, or trade. This shift is unlocking a powerful behavioral economy, where activity becomes currency, and participation becomes empowerment.

With over 20 million users already onboarded in Sweat Wallet, the Movement Economy is proving that this is not a niche, it’s a paradigm shift. As more people recognize the value of their movement, and as new use cases, features, and partners are added, the potential to onboard hundreds of millions more becomes inevitable.

SWEAT is building the future of Consumer Crypto—step by step, milestone by milestone. From launching the world’s first movement-backed token to deploying AI Agents and pioneering multichain interoperability, the Movement Economy has moved from vision to execution at remarkable speed.

But the show has only just begun.

This roadmap outlines what’s already been achieved, and what’s coming next as we scale from millions to hundreds of millions of users, deepen $SWEAT utility, and unlock the full potential of movement as a global economic force.

What sets SWEAT apart is not limited to the scale of its users, it’s how we bring them in.

While most Web3 projects rely on speculative hype, airdrops, or complex DeFi mechanics, SWEAT uses something more universal, human, and inclusive: movement.

Movement is:

• Borderless – Anyone, anywhere can join.

• Intuitive – No tech know-how needed.

• Habitual – A natural part of daily life

As our user numbers in the tens of millions demonstrate, movement is the ideal onboarding mechanism into crypto, requiring no prior blockchain knowledge, no seed phrases, no wallets, no trading experience. Just a pair of legs and a mobile phone.

As users take steps and earn $SWEAT, the Currency of Movement, they are not merely collecting tokens. They are:

• Entering a new kind of digital economy

• Participating in governance

• Accessing products and services

• Discovering rewards and staking options

Our users are activated, educated, and retained at a massive scale.

In a world where trust matters, Sweatcoin proves every step counts. With over 200 million users, Sweatcoin is the backbone of the Movement Economy, verifying real movement to mint $SWEAT fairly. Using patented technology, machine learning and billions of data points, it separates legit activity from fakes, ensuring:

• Real rewards: Only your true steps earn $SWEAT.

• Stable economy: Anti-inflation keeps value solid.

• Big impact: Powers partnerships with sports, insurers, and health brands.

Sweatcoin users move 20% more according to , and when they join Sweat Wallet, that energy turns into on-chain ownership. Your movement is your stake in a thriving digital economy.

$SWEAT is designed to build and sustain lasting value. As mentioned in Section 4.1, the uncapped supply is carefully managed to create a deflationary model through more effort to mint over time and token burns. These mechanisms work alongside additional strategies to ensure $SWEAT becomes scarcer and more valuable as the Movement Economy scales:

1. Rising Minting Difficulty: The daily 12-step increase—from 1,000 steps at launch to 7,600 steps today—slows the creation of new tokens, making each $SWEAT harder to earn over time.

2. Foundation Buybacks: 50% of the SWEAT Foundation’s profits will be used to buy $SWEAT from the market and burn it, permanently reducing supply.

The Movement Economy is built on more than token activity, it generates real, scalable revenue across multiple pillars:

• Commercial Partnerships Global brands sponsor in-app commerce and rewards. In 2024 alone, users completed over 750,000 lessons through partner campaigns, driving meaningful engagement and conversion.

• Advertising Channels The Sweat Wallet’s ad network connects brands with one of the world’s largest health-focused audiences. In 2024, users watched over 40 million rewarded video ads, creating consistent and growing ad revenue.

Picture this: every step you take unlocks a smarter, safer, and more personal Web3 journey. That’s the power of $SWEAT’s partnership with NEAR Protocol, the beating heart of AI innovation in blockchain. NEAR’s co-founder, Illia Polosukhin, co-authored “Attention Is All You Need,” the paper that sparked the AI revolution behind tools like ChatGPT. This isn’t a random collaboration; it’s a match made to redefine Web3.

Together, NEAR and SWEAT are blending AI and blockchain to make Web3 feel effortless:

• Personalized onboarding: Start your journey with guidance that fits you.

• Smarter navigation: Explore Web3 with AI that adapts to your vibe.

Imagine a personal coach who gets you—whether it’s fitness goals or crypto wins. That’s what $SWEAT’s AI Agents bring to your wallet. Trained on over 700,000 real user queries, these AI Agents are intelligent companions that make Web3 feel like home:

• Move more: Get tailored health and activity tips.

• Learn fast: Master crypto with advice that clicks for you.

• Stay safe: AI flags risks before they hit.

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

NEAR: Scalable, Sustainable, and Built for AI-Powered Consumer Crypto

The Sweat Wallet runs on NEAR, a blockchain that’s as fast as your steps. NEAR Protocol is the perfect engine for a global app like Sweat Wallet, delivering speed, affordability, and a user-first vibe that matches $SWEAT’s mission. It’s also the hub of AI innovation in Web3, making it the ideal backbone for our AI-driven future.

Why NEAR Builds for Consumer Crypto?

Your Community Voice Drives the Future

At the heart of the Movement Economy lies a simple yet transformative principle: those who move should shape the future. With $SWEAT, you’re gaining a voice in a decentralized ecosystem where your contributions matter.

The SWEAT DAO brings this principle to life as one of the most active mobile-native governance platforms in Web3, empowering you to co-create the Movement Economy alongside millions of others. Built on a one-person, one-vote model, the DAO ensures that power is distributed equally. Independent of token wealth, giving every user, from casual walkers to dedicated runners, an equal say in the ecosystem’s direction.

Last year, 355,000 users came together to vote on a key proposal to adjust minting rules, proving that this is a community in action. Through the SWEAT DAO, you can influence critical decisions, such as:

$SWEAT powers a new economy where your movement unlocks real value. What makes $SWEAT a leader in Consumer Crypto is its straightforward, habit-driven value cycle, designed for everyday people, not just tech experts. Here’s how it works:

1. Move to join: Your steps draw you into a global movement.

2. $SWEAT rewards you: Earn tokens with real, tangible value.

3. Sweat Wallet empowers you: Your personal Web3 hub.

4. AI Agents guide you: Smart, tailored, personalized guidance for your journey.

5. Chain Abstraction connects you: Spend or trade anywhere, on any chain.

6. Utility keeps you engaged: Rewards, offers, and partnerships that stick.

This is Consumer Crypto at its best. Super personalized, seamless, and widely embraced. The True Heart of Consumer Crypto.

Strip away the buzzwords, $SWEAT delivers:

• Everyday value: Earn and use it, no advanced degree needed.

• Dead-simple design: Built for humans, not coders.

• Real ownership: Your effort, your reward.

• Tens of millions already in: A living and thriving economy, not a distant dream.

This isn’t about speculative bets, complicated DeFi tools, or financial tricks. It’s about real people, real movement, and real rewards. While others talk about bringing the next billion users to Web3, $SWEAT already has 20 million on board and we’re just getting started. As Web3 shifts from niche to mainstream, $SWEAT isn’t following the Consumer Crypto narrative. We’re driving it!

The Movement Economy was designed to transcend borders, languages, and cultures, ensuring that anyone, anywhere can participate. Through Chain Abstraction, $SWEAT operates seamlessly across NEAR, Ethereum, BNB Chain, Arbitrum, and Base, with plans to expand to Bitcoin, Solana, TON, and TRON in the near future. This multichain infrastructure makes $SWEAT a truly borderless asset, accessible to users regardless of their preferred blockchain.

Our localization strategies, regional rewards, and global sports partnerships, like RunGP powered by Global Running League further amplify our reach. Whether you’re a runner in Tokyo, a walker in Nairobi, or a hiker in the Alps, the Movement Economy meets you where you are, offering tailored experiences that resonate with your culture and lifestyle.

This global footprint positions $SWEAT as a universal currency for movement, ready to onboard the next billion users into Web3.

SWEAT’s growth is powered by a diverse executive team covering core disciplines in product development, blockchain engineering, token economics, marketing, and business development. Together, they bring decades of experience from top-tier companies and projects across Web2 and Web3, combining executional excellence with bold long-term vision.

Key leadership roles include:

• Chief Finance Officer - Shaun Azam

• Chief Marketing Officer - Misha Lederman

• Head of Product - Michael Brink

• Head of Business Development - Lorenzo Coni

Each executive plays a critical role in designing, deploying, and scaling the Movement Economy across its infrastructure, utility, partner network and user base.

SWEAT’s momentum is driven by technology and user engagement, plus supported and uplifted by a world-class network of strategic partners. Each plays a critical role in building, scaling, and evolving the Movement Economy across infrastructure, intelligence, sports, and adoption. These partnerships extend SWEAT’s reach, deepen its utility, and position it as a leading force in global Consumer Crypto.

From our initial genesis distribution at TGE, the goal has always been clear: empowering you, the community, to truly own your movement. At TGE on September 13, 2022, 28.1% of all claimed tokens were directly in community hands, with the remainder managed by the Sweat Foundation to support ongoing development, growth, and long-term sustainability.

Fast forward to Q2 2025, and the strength of our commitment to community empowerment is unmistakable. Today, a significant majority—73.3% of all claimed $SWEAT tokens—are held by the community, reflecting a remarkable shift toward decentralized ownership and genuine user control. This demonstrates not only the ongoing success of our original tokenomics strategy but also highlights a vibrant and engaged Movement Economy driven directly by its members.

Here's how the distribution of claimed tokens has evolved:

• At TGE (2022-09-13):

  • Community: 28.1%

  • Sweat Foundation: 71.9%

• As of Q2 2025:

  • Community: 73.3%

  • Sweat Foundation: 21.7%

  • Team and Investors: 5.0%

This powerful shift underscores the success of our initiatives aimed at incentivizing, rewarding, and expanding community participation. As the Movement Economy grows, the decentralization and broadening of token ownership continue, reinforcing our foundational principle that your steps and your activity genuinely belong to you.Through transparent token management, responsible vesting, and active community engagement, we are building not just a token but a robust, sustainable economy where your voice, your movement, and your ownership matter most.

$SWEAT is a utility-driven asset designed for real economic activity, reward integrity, economic inclusiveness, and behavioral engagement. At its heart, $SWEAT’s utility is defined by five key Actions: Earn, Access, Spend, Trade, and Control.

These actions transform $SWEAT into a currency that powers your daily life, unlocks exclusive opportunities, and gives you a voice in a decentralized future. Seamlessly integrated with the Sweat Wallet (Chapter 3), these five Actions of $SWEAT ensure that every step you take becomes a gateway to a thriving ecosystem.

• Earn: Mint $SWEAT with your steps—your movement becomes your asset. Every stride is a proof-of-effort, verified by fraud proof validation, tying value creation to your physical activity rather than capital.

• Access: Unlock a growing ecosystem of exclusive features and experiences. Use $SWEAT to stake in Grow Jars for yields, join gamified zones like PlayHub, participate in fitness challenges, or gain early access to premium drops and campaigns. In the future, $SWEAT will unlock premium subscriptions, personal coaching plans, and token-gated healthcare services.

• Spend: Redeem $SWEAT for real-world and digital goods, turning your steps into tangible rewards. Purchase physical products and sporting goods, digital gift cards, or enter raffles for high-value prizes like Teslas and iPhones, or use the upcoming Sweat Pay fiat off-ramp to pay for real-world purchases.

• Trade: Exchange $SWEAT on over 20 centralized and decentralized exchanges, making it one of the most liquid consumer tokens in Web3. Trade for other assets, hedge your holdings, or liquidate into fiat, connecting the value of your movement to global markets.

• Control: Vote in the DAO to shape the ecosystem’s future—your $SWEAT is your voice. Participate in decisions on ecosystem upgrades, token sinks, feature launches, and more, directly influencing the Movement Economy’s direction.

These five Actions of $SWEAT—Earn, Access, Spend, Trade, and Control—form a utility loop that drives demand and engagement:

• Movement mints tokens: Your steps create $SWEAT.

• Tokens unlock value: Access exclusive features and rewards.

• Utility creates demand: Spend and trade $SWEAT for real-world value.

• Governance ensures alignment: Control the ecosystem’s future through the DAO.

This loop reflects the Movement Economy’s core promise: your movement isn’t just value, it’s a gateway to opportunity. As the ecosystem expands into sectors like healthcare, insurance, and retail, $SWEAT’s utility will deepen, driving demand across new categories and making it a cornerstone of a lifestyle-driven economy.

Simplifying Consumer Crypto in the Movement Economy

The Movement Economy transforms physical activity into real economic value, and $SWEAT makes it accessible to everyone. With the use of AI Agents and Chain Abstraction, Web3 becomes simple, intuitive, and rewarding. These innovations create an effortless user experience, making Consumer Crypto more accessible to millions.

AI Agents: Your Personal Guide to Consumer Crypto

Sweat Wallet’s AI Agents act as personal assistants, simplifying Web3 interactions. These smart agents guide users through every step, from onboarding to transaction management, while directly linking physical movement to earning $SWEAT, the currency of the Movement Economy. They provide:

• Easy Onboarding: No technical knowledge needed to start earning crypto by moving.

• Crypto Education: Learn the basics of blockchain and digital assets without jargon.

• Simplified Security: AI-driven protection ensures a smooth, secure experience.

• Personalized Health Tips: Get movement advice tailored to your needs.

With these AI Agents, Web3 is no longer a complex system. Instead, it becomes an approachable, rewarding experience, helping users engage with consumer crypto while improving their health.

Chain Abstraction with NEAR Intents: Seamless Cross-Chain Interactions

Behind the scenes, NEAR Intents streamline cross-chain transactions and simplify the underlying blockchain technology. Users express simple goals, such as "Swap NEAR for ETH," and the AI Agent handles the execution seamlessly across different chains. Here's how it works:

1. Interaction: You make a request through the AI Agent, such as swapping tokens.

2. Intent Processing: The AI Agent translates the request into an Intent and sends it to NEAR’s smart contract.

3. Execution: Decentralized solvers find the best price and liquidity, and the transaction executes with $SWEAT covering any gas fees.

This process eliminates the need for users to manually bridge tokens or handle complicated blockchain steps. With NEAR Intents, $SWEAT users can effortlessly interact with Web3, making cross-chain transactions smooth and intuitive.

A Simplified Path to Consumer Crypto

By combining AI Agents and NEAR-powered chain abstraction, $SWEAT transforms the way users engage with Web3. It’s not only a financial system—it’s a lifestyle tool that ties everyday actions to consumer crypto, making it accessible to anyone, anywhere. The Movement Economy becomes a gateway for users to enter Web3 and start earning, spending, and governing their digital assets without technical hurdles.

$SWEAT’s tokenomics are rooted in a simple yet powerful idea: the value you create through your movement belongs to you. That’s why, from the very beginning, we designed $SWEAT’s initial distribution to prioritize you—the community, ensuring that the majority of tokens are in the hands of those who power the Movement Economy. Our genesis allocation strikes a careful balance between empowering users, rewarding contributors, supporting growth, and ensuring long-term sustainability, all while fostering a decentralized ecosystem where your voice matters.

Here’s how the initial supply breaks down:

• Lockdrop – 25.0% The single largest community allocation went straight to you, the early steppers. The Lockdrop rewarded users for minting sweatcoins in the years leading to TGE, laying the groundwork for a truly community-powered economy.

• Foundation Treasury – 27.71% Managed by the Sweat Foundation, this reserve fuels future development, global expansion, strategic partnerships, and initiatives like buyback & burn programs (see Section 4.4). It’s the engine room of innovation.

• SweatCo Ltd – 22.0% Allocated to the company that built our Movement Validator, Sweatcoin.

• Team & Advisors – 10.92% Set aside for the builders and visionaries who brought the project to life. These tokens are locked and vested over multiple years, ensuring long-term alignment with the community.

• Ecosystem – 7.02% Designed to support app integrations, rewards, and ecosystem partnerships that amplify the utility of $SWEAT.

• Private Round – 3.33% Provided to early backers who believed in the mission and helped bootstrap the ecosystem’s early growth.

• Seed Round – 2.68% Allocated to initial investors supporting the foundational build phase.

• Public Sale – 1.33% Breaking the DAOMaker record at the time, $1M of $SWEAT sold out within 15 minutes of public sale.

Movement and attention share three key qualities:

1. They are valuable to you—Both movement and attention hold intrinsic value to you personally, contributing to your well-being and daily life.

2. They are valuable to third parties and can be monetized—Sports brands, employers, and insurers benefit from and can monetize your movement, while Big Tech and advertisers profit from your attention.

3. They are scarce—There is a limited amount of both movement and attention you can give each day, making them valuable and finite resources.

The Sweat Wallet is built on four pillars that make Web3 effortless.

Here’s how it works for you:

1. Invisible Web3: Tech That Simply Works

No need to be a blockchain expert. The Sweat Wallet handles the heavy lifting with:

Oleg Fomenko — Co-Founder & CEO A serial entrepreneur with a track record of scaling consumer products to global adoption. Oleg has spearheaded the transformation of the Sweatcoin concept into a full-fledged Web3 ecosystem. His leadership has been instrumental in building the Sweat Wallet user base to over 20 million, driving partner integrations, and guiding the operational scale-up of $SWEAT across new markets and platforms.

Anton Derlyatka — Co-Founder A seasoned operator with deep experience in consumer tech, scalability as well as global business leadership and strategy. As the co-founder and CEO of Sweatcoin, the app has grown to over 200 million users under Anton’s leadership, laying the foundation for the creation of the Movement Economy and the birth of Sweat Wallet.

Egor Khmelev — Co-Founder & CTO A product and technology visionary, Egor has been the architect of both Sweatcoin and Sweat Wallet’s technical foundations from the start. As the engineering lead behind Sweatcoin’s core movement validation technology and the CTO driving Sweat Wallet’s blockchain infrastructure, Egor ensures the platform remains fast, scalable, secure, and future-ready. His expertise bridges Web2 user experience with Web3 performance—bringing SWEAT’s mission to life through robust, scalable technology.

• Multichain Expansion: Integration of Bitcoin, Solana, TON, TRON, and more blockchain protocols, cementing $SWEAT as a truly interoperable consumer token.

• SWEAT Wallet Off-Ramps: Launch of fiat off-ramp and spending tools (SweatPay), enabling everyday use of $SWEAT for goods, services, and subscriptions.

• Marketplace Evolution: New partner categories, expanded product offerings, and token-gated premium access across wellness, insurance, nutrition, and travel.

The Movement Economy was built on a decade of innovation.

Sweatcoin created the Move2Earn category in 2014, introducing the world to the idea that physical activity could generate digital value. Now, the SWEAT Foundation is pioneering and trailblazing the creation of the Movement Economy, a broader, more transformative vision that turns movement into a global economic force.

While other projects chased short-term hype with NFTs or pay-to-play models, we’ve been building a foundation rooted in accessibility, utility, and trust, one that’s now years ahead of the competition. To understand why $SWEAT is not only leading but defining the future of consumer crypto, let’s compare it to other movement-based crypto projects.

Sweat Wallet’s multichain experience is powered by NEAR Intents, a decentralized request engine built on NEAR Protocol.

No more need to interact with DEX, bridges or wormholes. Instead of manually bridging or swapping tokens, users simply express a goal and NEAR Intents handles the execution, unlocking an entirely new layer of Web3 intelligence.

• Step 1: The user declares an intent (e.g., “Swap $50 worth of NEAR to ETH on Base”)

• Step 2: Decentralized solvers return a quote, sourcing the best path and pricing

As the Movement Economy scales beyond tens of millions of users, the SWEAT Foundation is committed to sustainability and innovation. Yet, growth brings challenges we’re proactively addressing to protect users and ensure $SWEAT’s long-term success.

Regulatory Landscape

Evolving global crypto regulations may impact tokenomics or compliance. We’re prepared:

• Global Compliance Taskforce: Engages with regulators in the EU, US, and Asia, aligning with frameworks like MiCA.

The Movement Economy represents a groundbreaking shift, transforming physical activity into a valuable economic asset. At the heart of this ecosystem lies $SWEAT, a currency that drives a healthier, wealthier future for individuals, businesses, and society as a whole.

The SWEAT Foundation has already built a strong base, boasting impressive achievements:

• 20 million Sweat Wallet users, showcasing massive adoption.

• Strategic partnerships with NEAR Protocol and the Global Running League’s RunGP, amplifying its reach.

• September 2022: $SWEAT launch and world’s largest crypto airdrop, onboarding millions into Web3 through physical movement.

• Sweat Wallet Launch: First-of-its-kind mobile crypto app integrated with real-world movement rewards.

• Token Utility Expansion: Introduction of staking (Growth Jars), in-app rewards, DAO voting, marketplace integration, and real-world spend options.

SWEAT is a founding partner of the Global Running League (GRL), also known as RunGP, a new era of high-profile running events set to launch on Formula 1 racetracks in 2025. RunGP, with four time Olympic gold medalist and running legend Mo Farah as its Ambassador, is a convergence of elite competition, mass participation, and blockchain rewards.

Runners earn $SWEAT based on performance. Fans engage and earn through real-time interaction. Leaderboards, live data, and gamified engagement connect sports with token incentives, turning RunGP into a showcase of what the Movement Economy looks like in action, at global scale.

With access to SWEAT’s user base and a broadcast-ready format, RunGP will bring the Movement Economy to millions more, fusing physical activity with digital value.