Sweatcoin is a digital currency backed by economic value of physical movement.
Sweatcoin is a digital currency backed by physical movement. They verify and convert movement into currency. Users can then donate it to charity, transfer to other users or spend on products, services, and experiences provided by Sweatcoin vendors and user community.Sweatcoin tackles Present Bias by moving the future benefits of exercise into the here and now- immediately converting movement into a digital currency and changing the perception of physical movement.
Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
---|---|---|---|---|---|---|
Jul 28, 2022 | Series Unknown | $13M | 7 | Spartan Capital | — | Detail |
Jan 25, 2019 | Series Unknown | — | 2 | Runa Capital | — | Detail |
Jan 17, 2018 | Seed | — | 1 | — | — | Detail |
Mar 1, 2016 | Angel | $600K | 2 | — | — | Detail |
Investor Name | Lead Investor | Funding Round |
---|---|---|
Spartan Capital | Yes | Series Unknown |
Runa Capital | Yes | Series Unknown |
Björn Wagner | — | Series Unknown |
Electric Capital | — | Series Unknown |
GSR Ventures | — | Series Unknown |
NEAR Foundation | — | Series Unknown |
Sandeep Nailwal | — | Series Unknown |
Vinny Lingham | — | Series Unknown |
Upscale | — | Series Unknown |
Asymmetry Ventures | — | Seed |