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Sweat Economy Blog

Roundup: Sweat Wallet Rewards

Updated

Since the SWEAT launch six weeks ago, we have distributed 24,426 rewards.

We believe that we are offering some of the best rewards in Web3 right now. But we want to hear what rewards you want in the app. Let us know in the comments below.

The BTC reward is live now!

Rewards have been one of the core utilities of SWEAT so far. Let’s take a look at the numbers behind the Sweat Wallet Rewards.

A new market

The Sweat Wallet presents a place for brands to market their products. Here is an overview of engagement so far.

Total impressions: 5.2M

Total combined opt-ins: 1.2M

What are Sweat Wallet Rewards?

The broad range of rewards we are offering reflects the fact that SWEAT is a cryptocurrency that can appeal to everyone. Users access rewards by staking their SWEAT in Growth Jars. Generally, higher value rewards require a higher stake.

There is a mix of off-chain and on-chain rewards — Amazon gift cards, Sonos speakers, Macbooks, and then USDT, ETH, and NFTs.

We also have a mix of very high value rewards, such as the BTC reward live now, the official Fifa World Cup packages (including five-star hotels and flights), and Coldplay concerts. Then there are higher volume rewards, such as $10 Amazon gift cards (3,000 distributed).

The mix of rewards means that SWEAT can appeal to everyone.

Rewards distributed

Higher volume

  • Paras NFTs: 878
  • Few and Far NFTs: 10,000
  • $5 Amazon: 6,000
  • $10 Amazon: 3,000
  • $10 Adidas: 3,000
  • $20 prepaid Visa: 1,500

Higher value

  • Macbooks: 15
  • Airpods: 11
  • Signed football jerseys: 6
  • World Cup: 5 packs (10 tickets!)
  • 1 ETH: 1
  • Plan B conference: 10

Any differences in number of rewards distributed from the original amount publicised is due to distribution delays. This list is rewards actually distributed. Pending ones are not counted yet.

Transparency

To provide you with transparency on winners, we have been posting on-chain links for on-chain rewards, so you can see they have been distributed.

For on-chain and off-chain rewards, all winners will have their Near Address posted in a public Notion page to ensure users can find out who has won.

Make sure to comment the rewards you want to see in the app!

Stay SWEATy,

The Sweat Team

For the latest news, make sure to join us on Twitter, Discord, Telegram, and Reddit. Download the Sweat Wallet app to walk into crypto (Android and Apple).