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Dragan
Dragan
Jul 24, 2022
News

Sweatcoin partners with NFT metaverse Kryptomon

A Kryptomon NFT Treasure Hunt is making its way to the move-to-earn app.
Sweatcoin partners with NFT metaverse Kryptomon

Web2 fitness app Sweatcoin has partnered up with Pokémon-like NFT metaverse Kryptomon.

This means that a Kryptomon NFT Treasure Hunt is making its way to the move-to-earn app, with users being tasked with reaching 50k steps in order to earn 25 sweatcoins, as well as a chance at getting a direct whitelist for the next hunt.

Sweatcoin is a free Android and iOS app that rewards active users with sweatcoins by walking every day. These can be spent on various products but can also be used to donate to various charities and causes. With over 100 million registered users and ranked as the number one app in 60 countries, Sweatcoin is switching from its Web2 ecosystem to crypto, meaning that the coins earned from daily steps will no longer be an in-app currency, but a cryptocurrency called SWEAT. The token is set to launch on September 12th this year, but in the meantime, users can opt into crypto rewards by creating a wallet through the app and continuing to earn sweatcoins. For every sweatcoin earned, users will receive SWEAT once the token launches, with one sweatcoin being equal to one SWEAT. This will not remove any sweatcoin from the user’s balance. Some of Sweatcoin’s partners include The Spartan Group, OKEx Blockdream Ventures, NEAR Foundation and more.

Kryptomon is a play-and-earn blockchain title inspired by Pokémon, Cryptokitties and Tamagotchi. Running on the BNB Chain, players get to own and breed collectible NFT pets called Kryptomon that will be usable in the Kryptoverse metaverse, with an open beta of the mobile app for Android and iOS devices featuring PvE gameplay set to come out in the near future. There are monthly treasure hunts for whitelisted NFT holders where the goal is to find and unlock mystery boxes via GPS. This AR-type game works by going to the relevant section on the game’s website using a mobile device. Kryptomon raised $10 million in a Series A round led by NFX earlier this year.

Disclaimer: The information provided on this page do not constitute investment advice, financial advice, trading advice, or any other sort of advice and you should not treat any of the website's content as such. Individuals should do their own research before taking any actions related to the product they read about and carry full responsibility for their decisions.
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