You don’t have to imagine it anymore! The “Sweatcoin” app has come under scrutiny in recent weeks and months however we’ve decided to give it a review and make it easier for you whether it’s worthwhile downloading!
The UK is currently in the middle of an obesity epidemic, with WHO (2014) reporting that over 62% of the population is overweight or obese. Since health and wellness is a regular New Year’s Resolution for many, having that financial incentive may be the push we need to continue those resolutions.
So, what is Sweatcoin? Sweatcoin is a digital currency you earn from being active! To accumulate, you simply download the app, ensure you have your phone on you and every time you walk or run outdoors it tracks you and pays you Sweatcoins. Every 1,000 steps roughly work out at 0.95 Sweatcoins. After accumulating enough coins, you are then able redeem them for products which are in the Sweatcoin catalogue.
Sounds great doesn’t it? Well, we’re not going to lie, it’s not quite 100% perfect. The software uses a complete algorithm to count your steps and only your steps (swimming and cycling is out of the window there then) and converts them to coins. Furthermore, it only counts steps outdoors, so if you forget your phone or you go jogging without lumping your phone about, your earning no steps. Although the company have said they are trying to find a way to sync Sweatcoin to multiple other devices such as smart watches and fitness trackers.
Moving on, if you are one of those who regularly closes down all the apps on your phone, you’re very much out of luck. The app must be continuously running for it to count your steps. Now this has resulted in the problem of battery drain, some users say the default fitted battery saver mode works fantastically however, many say it can almost kill their phone battery not once but twice a day.
Perhaps its most limiting factor is that basic membership limits you to a maximum of 5 Sweatcoins per day. To upgrade to the next level, you do need to pay… in Sweatcoins. The most advanced level the Breaker membership, costs 30 Sweatcoins a month but does allow you to gain 20 Sweatcoins per day. Once you’ve proved to the app through another mind-blowing algorithm that you can earn enough Sweatcoins each day it gives you the change to upgrade, however failure to provide enough Sweatcoins to stay at that level you will get knocked back down.
Can you trade Sweatcoin? Sadly, you cannot trade Sweatcoin just yet anyway. Although there has been rumours that the company did state when they were first developed in 2015 that this was a long-term goal and to not just be a rewards-based programme.
The university of Warwick studied 6,000 people. They recorded their steps for 6 months without the app, and then they downloaded the app for 6 months, from which they discovered a 19.5% increase in daily steps. According to the NHS the average person takes between 3,000 and 4,000 a day, this with an increase in 20% would be an extra 600 to 800 a day.
We think Sweatcoin is a great idea for motivation and inspiration however it depends on the individual! What do you think of Sweatcoin and would you try it?