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Can Your Steps Earn You Money? Oleg Fomenko on Building the Movement Economy

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Manage episode 500539156 series 3649539
Content provided by Token For Your Thoughts. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Token For Your Thoughts or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

🎙️ Guest: Oleg Fomenko, Co-founder & CEO of Sweat Economy
🕒 Duration: ~50 minutes

Episode Overview

In this episode, host Lindsey McConaghy chats with Oleg Fomenko, co-founder and CEO of Sweat Economy, the company behind Sweatcoin and the broader “movement economy.” Oleg shares how a personal fitness setback inspired the idea, why they started centralized before moving on-chain, and how Sweat Economy is now onboarding millions of people into crypto by simply rewarding them for walking.

They cover:

  • Discovering Bitcoin in 2011 and early experiments with blockchain
  • Why the first Sweatcoin launched off-chain (and when they switched)
  • How Sweat Economy overcame fraud attempts like “phones on dishwashers”
  • Barriers that keep people out of crypto, and how Sweat Economy lowers them
  • Partnerships with healthcare providers, including the UK’s NHS
  • The parallels between the attention economy and the movement economy
  • How Sweat Economy’s tokenomics work - from “Grow Jars” to universal gas fees
  • Where Oleg sees the next billion people entering Web3

Where to Listen

🔹 Apple Podcasts → [link]
🔹 Spotify → [link]
🔹 YouTube → https://youtu.be/ySw8BC3dr14

Connect with Sweat Economy & Oleg Fomenko

🌐 Website: https://swe.at/
🐦 X (Twitter): @SweatEconomy | @oleg_fem
🔗 LinkedIn: Oleg Fomenko

Stay Connected With Us

Enjoyed this episode? Leave us a review and subscribe to Token for Your Thoughts for more conversations with the people building Web3, crypto & AI.

🔔 Follow us on X: @TokenThoughts_
🌐 Visit our website: tokenforyourthoughts.com

  continue reading

16 episodes

Artwork
iconShare
 
Manage episode 500539156 series 3649539
Content provided by Token For Your Thoughts. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Token For Your Thoughts or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

🎙️ Guest: Oleg Fomenko, Co-founder & CEO of Sweat Economy
🕒 Duration: ~50 minutes

Episode Overview

In this episode, host Lindsey McConaghy chats with Oleg Fomenko, co-founder and CEO of Sweat Economy, the company behind Sweatcoin and the broader “movement economy.” Oleg shares how a personal fitness setback inspired the idea, why they started centralized before moving on-chain, and how Sweat Economy is now onboarding millions of people into crypto by simply rewarding them for walking.

They cover:

  • Discovering Bitcoin in 2011 and early experiments with blockchain
  • Why the first Sweatcoin launched off-chain (and when they switched)
  • How Sweat Economy overcame fraud attempts like “phones on dishwashers”
  • Barriers that keep people out of crypto, and how Sweat Economy lowers them
  • Partnerships with healthcare providers, including the UK’s NHS
  • The parallels between the attention economy and the movement economy
  • How Sweat Economy’s tokenomics work - from “Grow Jars” to universal gas fees
  • Where Oleg sees the next billion people entering Web3

Where to Listen

🔹 Apple Podcasts → [link]
🔹 Spotify → [link]
🔹 YouTube → https://youtu.be/ySw8BC3dr14

Connect with Sweat Economy & Oleg Fomenko

🌐 Website: https://swe.at/
🐦 X (Twitter): @SweatEconomy | @oleg_fem
🔗 LinkedIn: Oleg Fomenko

Stay Connected With Us

Enjoyed this episode? Leave us a review and subscribe to Token for Your Thoughts for more conversations with the people building Web3, crypto & AI.

🔔 Follow us on X: @TokenThoughts_
🌐 Visit our website: tokenforyourthoughts.com

  continue reading

16 episodes

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