Convert Sweat Economy SWEAT to Real BRL
SWEAT to BRL: 1 Sweat Economy converts to R$0.0142 BRL as of June 18 at 5:24 AM
About Sweat Economy
Sweat Economy is falling this week. The current price of Sweat Economy is R$0.0142 per SWEAT. With a circulating supply of 7,054,770,079.74 SWEAT, it means that Sweat Economy has a total market cap of R$99,771,927.00. The amount of Sweat Economy traded has fallen by -R$9,446,614.43 in the last 24 hours, which is a 35.36% decrease. Additionally, in the last day, R$26,716,396.12 worth of SWEAT has been traded.
The exchange rate of Sweat Economy is decreasing. The current value of 1 SWEAT is R$0.0142 BRL. In other words, to buy 5 Sweat Economy, it would cost you R$0.0708 BRL. Inversely, R$1.00 BRL would allow you to trade for 70.66 SWEAT while R$50.00 BRL would convert to 3,533.21 SWEAT, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 12.96%. Meanwhile, in the last 24 hours, the rate has changed by 1.95%, and that the highest exchange rate of 1 SWEAT to BRL was R$0.0146 BRL and the lowest 24 hour value was 1 SWEAT for R$0.0138 BRL. Last month, 1 SWEAT was worth R$0.0255 BRL. Today, it's down 42.76%. Looking back a year, Sweat Economy has changed by R$0.0344 BRL. That means that in a single year, the value of Sweat Economy has shrank by 59.4%.
Sweat Economy Market Stats
#### What is Sweat Economy? Sweat Economy is a unique initiative that aims to promote healthier living by rewarding physical activity. It is the [web3](https://help.coinbase.com/en/coinbase/getting-started/crypto-education/glossary/web3) initiative of Sweatcoin, a popular mobile fitness app with over 110 million users worldwide. The app rewards users with Sweatcoin, a non-[crypto](https://www.coinbase.com/learn/crypto-basics/what-is-cryptocurrency) virtual token, for their daily physical activities. These [tokens](https://www.coinbase.com/learn/crypto-basics/what-is-a-token) can then be converted into SWEAT, a crypto token, which can be used to claim real-world prizes and experiences. The Sweat Economy also includes a cryptocurrency [wallet](https://www.coinbase.com/learn/crypto-basics/what-is-a-crypto-wallet), known as the Sweat Wallet. Since its launch, over 13 million wallets have been created, demonstrating the growing interest in this innovative approach to incentivizing fitness. #### How does Sweat Economy work? Sweat Economy operates on a move-to-earn (M2E) model, where users earn monetary rewards for being physically active. The more steps users take, the more SWEAT tokens they can earn. The SWEAT token and Sweat Wallet are built on the NEAR [protocol](https://www.coinbase.com/learn/crypto-basics/what-is-a-protocol), a layer-one [blockchain](https://www.coinbase.com/learn/crypto-basics/what-is-a-blockchain) running on the proof-of-[stake](https://www.coinbase.com/learn/crypto-basics/what-is-staking) ([PoS](https://www.coinbase.com/learn/crypto-basics/what-is-proof-of-work-or-proof-of-stake)) [consensus mechanism](https://help.coinbase.com/en/coinbase/getting-started/crypto-education/glossary/consensus-mechanism-protocol). This ensures the security of the network. The Sweat Economy team has not placed a cap on the token supply, as they aim to incentivize movement. However, they will implement exponentially decreasing [inflation](https://www.coinbase.com/learn/crypto-basics/what-is-inflation), meaning each consecutive SWEAT will require more steps to [mint](https://help.coinbase.com/en/coinbase/getting-started/crypto-education/glossary/mint). #### What are the potential use cases for Sweat Economy? Sweat Economy seeks to create a healthier and more active world by incentivizing physical activity. Users can earn SWEAT tokens for their daily physical activities, which can then be used to claim real-world prizes and experiences. Additionally, users have the option to sell their movement data to healthcare companies, providing another potential use case. The Sweat Economy also includes features like Growth Jars, where users can grow their SWEAT by locking it in Growth Jars to earn more on their SWEAT, access better rewards, enjoy an optimized app experience, and lower their transaction fees. #### What is the history of Sweat Economy? Sweat Economy is the web3 initiative of Sweatcoin, a mobile fitness app launched in 2016. The app quickly gained popularity and is currently ranked first for the most downloaded health and fitness app in 58 countries. The Sweat Economy was launched as a way to further incentivize physical activity by allowing users to earn a crypto token, SWEAT, for their efforts. The co-founders of Sweat Economy are Oleg Fomenko, Anton Derlyatka, and Egor Khmelev, all of whom have extensive experience in entrepreneurship, tech startups, and the fitness industry. Since its launch, the Sweat Economy has created over 13 million wallets and raised $13 million in investor funding.
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Conversion tables
SWEAT to BRL values from Today at 5:24 am
0.5 SWEAT = R$0.0071 BRL |
1 SWEAT = R$0.0142 BRL |
5 SWEAT = R$0.0708 BRL |
10 SWEAT = R$0.14 BRL |
50 SWEAT = R$0.71 BRL |
100 SWEAT = R$1.42 BRL |
500 SWEAT = R$7.08 BRL |
1,000 SWEAT = R$14.15 BRL |
BRL to SWEAT values from Today at 5:24 am
R$0.50 BRL = 35.33 SWEAT |
R$1.00 BRL = 70.66 SWEAT |
R$5.00 BRL = 353.32 SWEAT |
R$10.00 BRL = 706.64 SWEAT |
R$50.00 BRL = 3,533.21 SWEAT |
R$100.00 BRL = 7,066.42 SWEAT |
R$500.00 BRL = 35,332.11 SWEAT |
R$1,000.00 BRL = 70,664.23 SWEAT |
SWEAT to BRL over time
SWEAT | Today | 24H | 1M | 1Y |
|---|---|---|---|---|
0.5 SWEAT | R$0.0071 BRL | R$0.0072 BRL | R$0.0127 BRL | R$0.0172 BRL |
1 SWEAT | R$0.0142 BRL | R$0.0144 BRL | R$0.0255 BRL | R$0.0344 BRL |
5 SWEAT | R$0.0708 BRL | R$0.0721 BRL | R$0.13 BRL | R$0.17 BRL |
10 SWEAT | R$0.14 BRL | R$0.14 BRL | R$0.25 BRL | R$0.34 BRL |
50 SWEAT | R$0.71 BRL | R$0.72 BRL | R$1.27 BRL | R$1.72 BRL |
100 SWEAT | R$1.42 BRL | R$1.44 BRL | R$2.55 BRL | R$3.44 BRL |
500 SWEAT | R$7.08 BRL | R$7.21 BRL | R$12.73 BRL | R$17.19 BRL |
1,000 SWEAT | R$14.15 BRL | R$14.41 BRL | R$25.46 BRL | R$34.38 BRL |
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Frequently asked questions
How much is 1 Sweat Economy in BRL?
Right now, 1 Sweat Economy is worth about R$0.0142.
How much SWEAT could I buy for 1 BRL?
Based on the current rate, you could get 70.66 SWEAT for 1 BRL.
How much has the price of Sweat Economy changed?
Sweat Economy price has been declining. Since yesterday, the exchange rate of Sweat Economy has decreased. Since last month, the exchange rate of Sweat Economy has decreased. Since this time last year, the price of Sweat Economy has decreased.
How do I calculate or convert SWEAT to BRL?
You can use our SWEAT to BRL calculator at the top of this page to convert any amount of SWEAT to BRL. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 BRL is equivalent to 353.32 SWEAT. Inversely, 5 SWEAT will cost about R$0.0708
How can I buy 1 Sweat Economy on Coinbase?
Sweat Economy can be custodied on Coinbase Wallet. Check out our guide to get more detailed instructions on how to buy Sweat Economy.
What are assets similar to Sweat Economy that I can buy?
There are a number of crypto assets that have the a similar or comparable market cap to Sweat Economy, including Polkastarter, KernelDAO, and SynFutures. For a more robust list of assets to explore, jump to the asset page dedicated to Sweat Economy.
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