Sweat Economy Plus

🇺🇸 Federal Reserve cuts interest rates by 50bps for the first time in 4 years.

Early Insights Into the Value of an Active Day 💲 Cointelegraph just published an article revealing early insights from the academic research investigating the value of an active day. According to estimates from researchers at the University of Birmingham, walking 10,000 steps in a day could be worth up to $6.25 for an individual. Over the course of a year, this would amount to more than $2,280. Without giving too much away, I highly recommend checking out the full article on Cointelegraph for a deep dive into these findings and insights from other researchers. David, who initially shared the publication in our chat, also teased a bigger announcement tomorrow, which might include the official unveiling of these research findings by Sweat Economy. 🔗 Cointelegraph Article.

↗️ Price Action: The Ultimate Crypto User Experience Price action is the ultimate user experience for cryptocurrencies, especially in the short to medium term. At this stage in the market cycle, nothing drives success like an upward trend. It's not even a controversial opinion—it's a harsh reality that fundamentalists often dislike. Coins like Solana, Bitcoin, and Dogecoin captured hearts not just because of their technology or vision, but because people made serious profits from them. The truth is, if a cryptocurrency isn’t delivering significant gains, interest fades fast. The masses move on to the next big thing, leaving the community and liquidity to gradually disappear.

⭐️ First Look: Walking Plans in Sweatcoin App Here’s an exclusive preview of a potentially upcoming feature in the Sweatcoin app: Walking Plans. This feature aims to enhance user health and fitness journeys by offering personalized walking plans. The standout element? It appears that the plans will be driven by a "health report" and AI-powered daily tips, ensuring users can stay on track with their individual goals. However, the sources and details of the health report remain unclear at this point. Still, if this feature becomes official, it could be a game-changer for those looking to optimize their walking routines.

New items were added to the Sweat Wallet staking rewards draws section.

🪙 HAPPY BIRTHDAY

⌛️ Final Day to Vote on the TGE Token Burn Proposal The voting window on the proposal to burn unclaimed TGE tokens closes tomorrow! So far, over 155,000 community members have cast their votes, with 79% in favor of burning the unclaimed tokens. If you haven’t voted yet, now's your last chance! 🤡 However, you might want to save your time and gas fees—it's looking like the decision is pretty much settled. Haha!

🔥 Exciting changes are coming to your Sweat Wallet in the next update! Here are some of the key features to look forward to: - Growth Jars Interface Redesign - PlayHub - Sweat AI As with any major update, there could be additional features or enhancements that haven't been fully discovered yet! I discussed most of these features detail last month. This update will be exciting!

Millions of Users, But Where's the Volume? With an impressive 16 million token holders, Sweat Economy far surpasses its nearest competitors in user base. However, a recent study by Blockchain Research Labs (BRL) unveils an intriguing paradox: despite this enormous community, Sweat Economy is not leading in trading volumes. This disconnect between the size of its user base and its trading activity raises critical questions about the nature of crypto adoption and user behavior. What might be causing this unique situation? The reasons behind this paradox are multifaceted, influenced by user demographics, token utility, market sentiment, and incentive structures within the Sweat Economy ecosystem. 🔘User Demographics and Behavior Many holders in the Sweat Economy ecosystem are casual users or newcomers to crypto. These individuals are less inclined to actively trade their SWEAT tokens. Instead, their primary focus is on earning and holding the token, attracted to the project's easy-to-understand move-to-earn model. This user base, while massive, skews toward those who may view the token as something to acquire and dispose or store rather than to trade actively. 🔘Token Utility Within the Ecosystem SWEAT’s primary utility is within the Sweat Wallet. Users can spend their SWEAT on in-app purchases, growth jars or gas fees. Outside of the wallet, however, the token has limited use. This lack of broader utility reduces the likelihood of large-scale trading, as most users interact with the token to take advantage of in-app features, keeping it within the closed ecosystem rather than circulating it through external exchanges. 🔘Token Maturity and Awareness Sweat Economy and its token use cases are still relatively early in the adoption cycle. Although the app has garnered millions of users, there is still limited awareness of its potential within the broader crypto community. This lower level of visibility contributes to lower trading volumes on secondary markets, as users and investors outside the app are less likely to see its potential value until further developments occur. 🔘Incentive Structures The Sweat Foundation has designed the ecosystem to incentivize holding over trading. Users are regularly encouraged to stake their tokens in growth jars. These incentives lead users to lock their SWEAT in exchange for yield and staking rewards draws, thereby limiting the supply circulating in the market and reducing trading volume. 🔘Market Sentiment Broader market sentiment towards move-to-earn projects also plays a role. The last crypto bull cycle saw a surge of bad similar projects that were built on unsustainable ponzinomics models. As a result, caution among investors has dampened enthusiasm for trading SWEAT, even though the project itself may be more sustainable. This broader market context could be contributing to the lower-than-expected trading volumes for the token. ✅ Key Takeaway Rather than shortcomings, these dynamics may point to a longer-term approach where adoption and value are built gradually within the ecosystem. Ultimately, the future success of SWEAT may depend on whether the project can expand its token utility and increase trading volumes, while maintaining the appeal that has attracted millions of users thus far.

📖 New Learn and Learn Lesson: Matera The Matera Protocol is a groundbreaking web3 project designed to integrate with existing creator networks. Its mission is to merge the reach and scale of web2 platforms with the economic potential of web3, transforming creator communities into thriving digital economies. Matera empowers creators globally, helping them monetize their social influence while building stronger, more sustainable online communities 📇. Want to learn more? Head over to your Sweat Wallet and check out the new lesson on Matera. Complete the short course, and you'll be rewarded with 1 SWEAT and 25,000 bonus points for your social influence!