This week was a small milestone for me. The 12th of February marked the first time one of my SWEAT grow jars (internal staking) opened. I have rolled it back into a new jar to build interest on top of my interest and I will continue to repeat this process every time a SWEAT jar is opened.
As minting coins from walking becomes more and more expensive the grow jars will become more important. At time of writing 2,805.14 steps mints 1 SWEAT economy token. In the few months I have used this app the sweat per token rate has increased significantly. So getting as much SWEAT into the grow jars as quickly as possible will be essential to making and earning SWEAT.
Because of the opening of my first Grow Jar. I thought this was a good time to write about the progress that the SWEAT economy has made over the last few months.
Portfolio tab
I am very excited about the addition of this feature represents a huge step forward on the pathway to going live. the portfolio tab now gives me the ability to track the value of my SWEAT tokens. I also can hold other tokens in this wallet if i would so choose. I haven't moved any tokens into this wallet but I may in the future. One of the announced staking rewards would allow 1000 extra steps to be counted towards earning. When that goes live I will probably move some SWEAT in to confirm the validity of this wallet. Regardless, this shows movement towards going live.
An added bonus of the addition of this feature is for some reason I was given 0.03 NEAR. so that's nice
NFT tab
I don't really dabble in Nonfungible Tokens but if I did the SWEAT wallet could store them I guess. This doesn't really turn the dial for me, but if you are into NFTs then this is a place you could store them.
The developers have long been speaking about the addition of an NFT game. If this lauches and provides a reasonable ROI I am participate, but at this point in time I have little to no interest in the NFT space.
Learn and Earn
This is a spot to learn about Web3 and earn a few SWEAT tokens. The quizzes are not particularily challenging but adding 3 SWEAT tokens in a matter of minutes was fun. I look forward to them adding to this feature more. I like free crypto.
This is a fun exciting crypto. If you walk a lot it is a no-brianer. The token is already live, the minting app conitues to add functunality and the devs seem to care.
If you would like to start walking and earning Sweatcoin with me, my referal code for the pedometer app is:
As always you can join the conversation on Twitter @1BTCproject
And keep track of my crypto journal on my other blog - http://635ed752b3bfb.site123.me/
