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Chart-topping fitness app ‘Sweatcoin’ secures funding


  • Tech News
  • Thursday, 18 Jan 2018

Fomenko with the app open on a phone at his office in London, Britain. Fomenko plans eventually to develop the technical and security features to enable it to be listed on cryptocurrency exchanges, creating a marketplace for movement, he said. — Reuters

Fomenko with the app open on a phone at his office in London, Britain. Fomenko plans eventually to develop the technical and security features to enable it to be listed on cryptocurrency exchanges, creating a marketplace for movement, he said. — Reuters

FRANKFURT: Sweatcoin, a free smartphone app that pays people to be physically active, said on July 17 it has secured its first round of institutional funding after topping download charts in Britain and the United States. 

The fitness app pays digital “sweatcoins” for how many steps users take daily as measured on their smartphones. 

   

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