How should I invest or spend Sweatcoin?
Click here to browse other Frequently Asked Questions
SUMMARY: We recommend spending on offers that interest you, but mostly saving for future developments to come. Because this app is still in its early stages, there’s a lot more potential yet to come. In the meantime if you would like to earn Sweatcoin, we’re currently offering a 50 Sweatcoin bonus to people who purchase a shirt on our new shop! And you’ll have a chance to join our Referral Program to earn PayPal bonuses.
I’d recommend that you do both spending and saving to make the most of Sweatcoin in the months to come. Activity in the marketplace is always good for a booming economy. Spend on offers that interest you, and also have some on the side for the future. I recommend reading this guide to get some more insight: Sweatcoin Investment Strategies.
I’ve personally been saving 90% of my coins and spending the rest. As of writing this, I have purchased 5 offers, and 3 additional offers for friends as gifts. My friends loved the fact that I got them gifts for free just by using the coins I earned by running.
If you believe [like me] that Sweatcoin will be sold for real life money some day, then you may want to make an effort to walk or run more. For example — this is just speculation — I believe that the coins will be worth about USD each in the near future (as of Summer 2017, they are being sold for about half that). That’s because there are only so many coins you could reasonably earn each day.
There technically is not an infinite supply of coins in a given 24 hour period. What that means is that the coins aren’t subject to inflation on a short-term scale, so the price of the coins will remain pretty consistent, and the value will go up as more Offers hit the marketplace. Competition is healthy!