Sweatcoin Statistics and Facts (2020) | By the Numbers



Sweatcoin Statistics and Facts

Here are a few of the most interesting Sweatcoin statistics and facts I was able to dig up. As always, be sure to check back in the future as I will be updating this post as new and updated stats become available.

Sweatcoin Statistics and FactsPlease note that some of these numbers are easier to find than others. A few of these Sweatcoin stats come from their own reports, but some are based on news reports and not official company tallies. No information contained on DMR should be relied upon to make investment decisions. Basically, this is the best I can find and I don’t guarantee anything to be 100%

Sweatcoin Facts

  • Website: sweatco.in
  • Year Launched: 2015
  • Headquarters: London, UK
  • Creator:  Anton Derlyatka, Egor Khmelev, Oleg Fomenko
  • What is Sweatcoin?

Sweatcoin was created with the mission to motivate people to be more physically active and fight the obesity problem that costs the global economy billions of dollars in direct costs every year. In order to motivate people to move more, Sweatcoin identified the need to overcome 'present bias'​, a term used in behavioural economics to describe humans tendency to ignore things that don't have an immediate effect on us. The solution, a fitness app that converts outdoor steps into a virtual currency (“sweatcoins”), which can be spent within the app's marketplace on real goods and services (providing immediate gratification). (source)

Sweatcoin Statistics

How many people use Sweatcoin:

10 million users

Last updated 3/13/18


Number of brands that give away products in the Sweatcoin marketplace:

300

Last updated 3/13/18


Number of Sweatcoin employees:

20

Last updated 3/13/18