- Sweat Economy announces new position, Chief Walking Officer (CWO).
- Bence Tamás, a Hungarian ‘crypto novice’, becomes the inaugural Sweat Economy CWO.
Move-to-earn fitness app Sweat Economy has appointed the new Chief Walking Officer (CWO), Bence Tamás, a 21-year-old Hungarian and self-proclaimed “crypto novice”. This marks an unprecedented move that sees Sweat Economy become the first company to offer a job via a simple prize draw run across its community. The new CWO will earn an annual salary of $24,000 by walking at least 5,000 steps daily.
In April, Sweat Economy launched a competitive prize draw that allowed any Sweat Mobile app user to opt-in by staking 25 $SWEAT tokens and paying a 1 $SWEAT fee. With over 200,000 stakers participating in the draw, Tamás emerged victorious after a random selection for the winner. The selection process was recorded and uploaded to YouTube Livestream, ensuring transparency and fairness.
“At first, I found it hard to believe, as I have never won any prize draws. However, after speaking with the Sweat Team, I realized that I had indeed won the grand prize, even though it seemed too good to be true,” Tamás said following his win.
Sweat Economy launched in 2015 to incentivize users to participate in physical activity and exercise more than usual – correlating to a healthier world. With over 120 million users globally, the Sweat Mobile app ranks as the biggest move-2-earn project, and the latest prize draw could further solidify its position as the largest physical exercise app. The platform rewards users with $SWEAT tokens which allow users to redeem discounts on gifts and services on the platform and also stake them to earn more rewards.
The position of CWO comes as a dream job for Tamás, who leads an active lifestyle and works part-time in construction. The $2,000 a month salary equates to approximately double his monthly salary – a remuneration that he says will “significantly impact [his] quality of life”.
“The $24,000 reward will significantly impact my quality of life,” he said. “This experience has not only positively influenced my perspective on crypto companies but also motivates me to stay active and delve deeper into the world of crypto and web3.”
Tamás joined the crypto space back in 2018, and his interest in the space grew as he continually collected Sweatcoins for his daily walks. The rewards helped him keep physically active and sparked his interest in smart financial decisions. With the salary, he aims to support his family and explore more investment opportunities in the crypto space.
The SWEAT wallet app and $SWEAT tokens launched in 2022 to complement the Web 2.0 app – Sweatcoin. The success of its Web 2 app has transpired through its Web 3 app, with 15 million+ users currently holding the $SWEAT token since the Token Generation Event in late September 2022. The SWEAT app development team also announced its planned launch of the Sweat Wallet and $SWEAT token in the United States in September 2023, to commemorate the one-year anniversary of the Token Generation Event.
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