Convert and Swap Sweat Economy SWEAT to Real BRL
SWEAT/BRL: 1 Sweat Economy equals R$0.0384 BRL
Sweat Economy (SWEAT) is not tradable on Coinbase.
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Last update: 7:05 AM, December 23, 2024
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Sweat Economy market latest
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Sweat Economy is falling this week.
The current price of Sweat Economy is R$0.0384 per SWEAT. With a circulating supply of 6,777,171,012.66 SWEAT, it means that Sweat Economy has a total market cap of R$259,120,375.95. The amount of Sweat Economy traded has fallen by R$1,200,344.44 in the last 24 hours, which is a 10.98% decrease. Additionally, in the last day, R$10,933,351.58 worth of SWEAT has been traded.
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About Sweat Economy
Sweat Economy is a unique initiative that aims to promote healthier living by rewarding physical activity. It is the web3 initiative of Sweatcoin, a popular mobile fitness app with over 110 million users worldwide. The app rewards users with Sweatcoin, a non-crypto virtual token, for their daily physical activities. These tokens can then be converted into SWEAT, a crypto token, which can be used to claim real-world prizes and experiences. The Sweat Economy also includes a cryptocurrency wallet, known as the Sweat Wallet. Since its launch, over 13 million wallets have been created, demonstrating the growing interest in this innovative approach to incentivizing fitness.
Sweat Economy operates on a move-to-earn (M2E) model, where users earn monetary rewards for being physically active. The more steps users take, the more SWEAT tokens they can earn. The SWEAT token and Sweat Wallet are built on the NEAR protocol, a layer-one blockchain running on the proof-of-stake (PoS) consensus mechanism. This ensures the security of the network. The Sweat Economy team has not placed a cap on the token supply, as they aim to incentivize movement. However, they will implement exponentially decreasing inflation, meaning each consecutive SWEAT will require more steps to mint.
Sweat Economy seeks to create a healthier and more active world by incentivizing physical activity. Users can earn SWEAT tokens for their daily physical activities, which can then be used to claim real-world prizes and experiences. Additionally, users have the option to sell their movement data to healthcare companies, providing another potential use case. The Sweat Economy also includes features like Growth Jars, where users can grow their SWEAT by locking it in Growth Jars to earn more on their SWEAT, access better rewards, enjoy an optimized app experience, and lower their transaction fees.
Sweat Economy is the web3 initiative of Sweatcoin, a mobile fitness app launched in 2016. The app quickly gained popularity and is currently ranked first for the most downloaded health and fitness app in 58 countries. The Sweat Economy was launched as a way to further incentivize physical activity by allowing users to earn a crypto token, SWEAT, for their efforts. The co-founders of Sweat Economy are Oleg Fomenko, Anton Derlyatka, and Egor Khmelev, all of whom have extensive experience in entrepreneurship, tech startups, and the fitness industry. Since its launch, the Sweat Economy has created over 13 million wallets and raised $13 million in investor funding.
How Sweat Economy and Real differ
The Sweat Economy and the Brazilian Real represent two distinct forms of currency, each with its unique characteristics. The Sweat Economy is a novel initiative that rewards physical activity with SWEAT tokens, a type of cryptocurrency. It operates on a move-to-earn model, where the more steps users take, the more SWEAT tokens they can earn. These tokens can be used to claim real-world prizes and experiences, or even sold as movement data to healthcare companies. The Sweat Economy is built on the NEAR protocol, a layer-one blockchain running on the proof-of-stake consensus mechanism, ensuring network security. On the other hand, the Brazilian Real (BRL) is the official currency of Brazil, regulated by the Central Bank of Brazil. It is a traditional fiat currency, meaning it is government-issued and not backed by a physical commodity. Unlike the SWEAT token, the value of the Brazilian Real is influenced by factors such as inflation, interest rates, and the economic health of Brazil. While the Sweat Economy aims to incentivize physical activity, the Brazilian Real serves as a medium of exchange for goods and services within Brazil.
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SWEAT to Real conversion tables
The exchange rate of Sweat Economy is increasing.
The current value of 1 SWEAT is R$0.04 BRL. In other words, to buy 5 Sweat Economy, it would cost you R$0.19 BRL. Inversely, R$1.00 BRL would allow you to trade for 26.01 SWEAT while R$50.00 BRL would convert to 1,300.73 SWEAT, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 12.72%. Meanwhile, in the last 24 hours, the rate has changed by 3.18%, and that the the highest exchange rate of 1 SWEAT to Real was R$0.0394 BRL and the lowest 24 hour value was 1 SWEAT for R$0.0361 BRL. This time last month, the value of 1 SWEAT was R$0.05 BRL, which is a 28.13% increase from where it is now. Looking back a year, Sweat Economy has changed by R$0.06 BRL. That means that in a single year, the value of Sweat Economy has shrank by 49.91%.
SWEAT to BRL performance history
Price 24H ago | Change 24H | Price 1W ago | Change 1W | Price 1M ago | Change 1M | Price 1Y ago | Change 1Y |
---|---|---|---|---|---|---|---|
R$0.0370 BRL | 3.18% | R$0.0440 BRL | -12.72% | R$0.0519 BRL | -28.13% | R$0.0590 BRL | -49.91% |
SWEAT to BRL
Amount | Today at 7:05 am |
---|---|
0.5 SWEAT | R$0.0192 |
1 SWEAT | R$0.0384 |
5 SWEAT | R$0.1922 |
10 SWEAT | R$0.3844 |
50 SWEAT | R$1.9220 |
100 SWEAT | R$3.8440 |
500 SWEAT | R$19.2199 |
1,000 SWEAT | R$38.4398 |
BRL to SWEAT
Amount | Today at 7:05 am |
---|---|
0.5 BRL | 13.01 SWEAT |
1 BRL | 26.01 SWEAT |
5 BRL | 130.07 SWEAT |
10 BRL | 260.15 SWEAT |
50 BRL | 1,300.73 SWEAT |
100 BRL | 2,601.47 SWEAT |
500 BRL | 13,007.34 SWEAT |
1,000 BRL | 26,014.68 SWEAT |
Today vs. 24 hours ago
Amount | Today at 7:05 am | 24 hours ago | 24H Change |
---|---|---|---|
0.5 SWEAT | R$0.0192 | R$0.0186 | +3.09% |
1 SWEAT | R$0.0384 | R$0.0373 | +3.09% |
5 SWEAT | R$0.19 | R$0.19 | +3.09% |
10 SWEAT | R$0.38 | R$0.37 | +3.09% |
50 SWEAT | R$1.92 | R$1.86 | +3.09% |
100 SWEAT | R$3.84 | R$3.73 | +3.09% |
500 SWEAT | R$19.22 | R$18.64 | +3.09% |
1,000 SWEAT | R$38.44 | R$37.29 | +3.09% |
Today vs. 1 month ago
Amount | Today at 7:05 am | 1 months ago | 1M Change |
---|---|---|---|
0.5 SWEAT | R$0.0192 | R$0.0273 | -29.65% |
1 SWEAT | R$0.0384 | R$0.0546 | -29.65% |
5 SWEAT | R$0.19 | R$0.27 | -29.65% |
10 SWEAT | R$0.38 | R$0.55 | -29.65% |
50 SWEAT | R$1.92 | R$2.73 | -29.65% |
100 SWEAT | R$3.84 | R$5.46 | -29.65% |
500 SWEAT | R$19.22 | R$27.32 | -29.65% |
1,000 SWEAT | R$38.44 | R$54.64 | -29.65% |
Today vs. 1 year ago
Amount | Today at 7:05 am | 1 year ago | 1Y Change |
---|---|---|---|
0.5 SWEAT | R$0.0192 | R$0.0371 | -48.21% |
1 SWEAT | R$0.0384 | R$0.0742 | -48.21% |
5 SWEAT | R$0.19 | R$0.37 | -48.21% |
10 SWEAT | R$0.38 | R$0.74 | -48.21% |
50 SWEAT | R$1.92 | R$3.71 | -48.21% |
100 SWEAT | R$3.84 | R$7.42 | -48.21% |
500 SWEAT | R$19.22 | R$37.11 | -48.21% |
1,000 SWEAT | R$38.44 | R$74.23 | -48.21% |
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