Understanding the Distinction Between Sweatcoin SWC and Sweat Token

The native in-app currency for the Sweatcoin application, SWC, and the Sweat token displayed in the Sweat wallet are two different digital assets. The Sweat token is a comprehensive cryptocurrency that can be traded on official exchanges, allowing users to withdraw it from the Sweat wallet to the exchange and sell it for USDT or cash out. Conversely, the Sweatcoin SWC currency can only be used within the application itself. Regarding earning mechanisms: - Sweatcoin generates two types of currencies: - The internal Sweatcoin SWC is earned through steps, increased steps, watching videos, partner activities, and challenges, which can be spent within the app. - The Sweat token is also generated by the app. Free users start earning Sweat tokens after walking 3,000 steps, up to 10,000 steps. Premium users also begin earning after 3,000 steps but can continue up to 20,000 steps to maximize earnings. Your balance and transactions are displayed in the Sweat wallet app. You can deposit, withdraw, and trade the Sweat token. Important: The Sweatcoin balance and the Sweat wallet balance do not match, and transferring internal Sweatcoin between accounts does not reflect in the wallet balance, as they are different assets. Note: After the recent DAO vote, the token minting mechanism will change. For more details, visit: https://medium.com/sweat-economy/sweat-tokenomics-upgrade-dao-proposal-accepted-712477cc43aa