Your Steps have Value
It will not surprise anyone that healthcare costs are out of control and becoming a major drain on the worlds economy. Insurance companies continue to search for ways to improve customers wellness as a means of driving down healthcare costs.
In 2017, Sweatco LTD., launched an app in the UK, Ireland and the United States that tackles the problem of incentivizing people to exercise. The initial concept was to pay users for walking, jogging or running outside. It doesn’t have to be specifically for exercise but rather any activity that involves moving around out in the sun. Your walking could be with your dog, walking to a store or walking to work just as a few examples. When launched, using the app earned you discounts on in-app purchases for a variety of fitness and wellness products.
While the products offered are very cool, the company recently announced a well funded project to greatly improve the value proposition of the Sweatcoin App. In January 2018, Sweatco received an investment of $5.7 million. These funds are being used to convert Sweatcoins (the cybercurrency earned for exercise) to blockchain. This is the same technology you will find behind currencies like bitcoin and eutheriam. The vision of the founders is that sweatcoin become a trade-able cyber-currency that can be used for anything including “paying your taxes” as stated by the companies founders.
Expectations are for the move to blockchain to occur in the 4th quarter of 2018. This means that users who install the app can accumulate sweatcoin at far lower prices now than will be possible in around 6 months.
Another way to earn with Sweatcoin
Many apps, websites and businesses offer referral programs but Sweatcoin offers just a little bit more. When you first install Sweatcoin (hopefully with my affiliate link here), you will automatically have the ability to earn 5 coins for every person who downloads the app using your link. Once you have recommended 30 new users that install the app, you will be upgraded to a “Sweatcoin Influencer”. When that happens the home screen on the App will change and new offers will be made available. This is when it gets even more interesting. Once you have become a Sweatcoin Influencer you will not only receive your 5 sweatcoin but also start earning fiat currency (Dollars, Pounds, etc.) paid to you via PayPal.
Initially I was happy to share the app with my Facebook and Instagram friends for the 5 free sweatcoin. It was also very rewarding to have people tell me how they have began to walk for their health. My parents started parking further from the store and getting some steps in. My dog was so happy that my wife and kids began taking him for longer and longer walks, earning sweatcoin all the way. Then I learned about the influencer program and the move to blockchain. That’s when the obsession started. I built a basic website to help educate people on the benefits of the Sweatcoin Exercise App. I also started creating videos like the one below to encourage folks to install and walk. There are many more videos on the site I built at http://Sweatcoin.Club (link above).
Walking Puts Your Brain in Overdrive.
Like many of you, I make my living in front of a screen. I have found it incredibly interesting that since I began walking, not only has my productivity improved but I’ve began thinking outside the box. The video above was really the 1st time I had put any thought in to the couple of articles I have read about Universal Basic Income. This is just one of the topics that I have began to explore on my Sweatcoin walks.
I believe you will find the same results. Improved thinking, productivity and idea generation. Please leave a comment and let me know how you find the motivation offered by the Sweatcoin App.
Donate Your Sweatcoins
My son has taken an interest in Sweatcoin. He and I have “partnered” on a project. I told him for every Sweatcoin he can earn, I would donate $.01 to a Children’s Health and Wellness not for profit. He has done a nice job getting outside and walking as as getting a few friends to join (for the 5 sweatcoin referral). I’m hoping to get him a surprise boost in his Sweatcoin account. If you are no longer using Sweatcoin, don’t have enough to make a purchase or just want to help out (and get a thank you email). Please send ANY unwanted Sweatcoins to account: 4Kids
I will be making the donation in US dollars and am happy to keep you informed on his progress. For my protection (of going broke) the max donation is $250 (25,000 Sweacoins). Hope he gets there!!
Donate Sweatcoin by sending them in-app to SWC account: 4Kids
This is in NO WAY connected to Sweatco (company that owns sweatcoin). Totally independent of the company. Just a project to get the kid outside and do some good.
