Join Jeremy Britton and Oleg Fomenko as they dive into the fascinating world of the movement economy and the innovative Sweat app, which rewards users for their physical activity. Oleg shares insights on how Sweatcoin has evolved into a powerful tool that not only incentivizes exercise but also aims to reduce income inequality by offering a way for individuals to earn from their daily movements. The conversation touches on the challenges of verifying genuine activity, the importance of user privacy, and the potential for movement to be valued similarly to attention in the digital economy. They explore the impact of physical health on overall well-being and how the app encourages charitable giving while keeping users engaged. With a blend of humor and thoughtful reflection, this podcast highlights the intersection of fitness, technology, and social good.

Get fit, get paid, and help to improve the world with SweatCoin and SweatWallet

AppStore: https://apps.apple.com/gb/app/sweat-w...

GooglePlay: https://play.google.com/store/apps/de...

Follow Oleg and possibly see some pics of Bear, the Australian Shepherd (not a guarantee :) )

Twitter: https://x.com/sweateconomy

Telegram: https://t.me/sweateconomy

Discord: / discord

Web: https://sweateconomy.com

Takeaways:

• The evolution of Sweatcoin into Sweat has transformed the concept of physical activity into a valuable asset, allowing users to earn tokens for their movement.
• Oleg Fomenko highlights the importance of creating a movement economy that benefits users directly, contrasting it with the attention economy dominated by major tech companies.
• Verification of user activity is crucial to maintain the integrity of the Sweatcoin system, ensuring users earn tokens through genuine physical efforts.
• The integration of charitable donations into the Sweat ecosystem engages users who wish to contribute to meaningful causes while being physically active.
• With over 170 million users, the Sweat platform has established a community focused on health, fitness, and economic empowerment through movement.
• Oleg emphasizes the need for consumer-focused applications in Web3, moving away from infrastructure-focused projects to create real user value.