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How does Sweatcoin make money?
Sweatcoin makes money via subscription fees, promoting other brands, and partnering with insurance companies and governmental entities.
The cryptocurrency company does not generate much money from selling its digital currency, the SWEAT coin or token, which means that most of the company's revenue is related to advertising.
Sweatcoin is used by brands that want to promote healthy living, exercise, and other physically active related activities or products. Sports brands often advertise with the company to gain access to its millions of users. Most Sweatcoins revenue is generated from promoting other brands on its platform.
Sweatcoin also makes money from its paid subscriptions. These are premium subscriptions as opposed to the free models. A premium subscription for Sweatcoin costs $4.99 per month or $24.99 per year.
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