Introduction
Sweatcoin is a pioneering company in the health-tech industry, based in London, United Kingdom. It operates a unique platform that converts physical activity into a digital currency, known as Sweatcoin. This innovative approach not only promotes physical health but also offers a tangible reward system for maintaining an active lifestyle.
What Sweatcoin Does
Sweatcoin's app tracks users' physical movement using sophisticated movement-verification technology. The steps taken by users are converted into digital currency, which can then be redeemed in a marketplace filled with exclusive offers and product deals. This gamification of physical activity helps to motivate users to stay active, making Sweatcoin a leader in the health and fitness app market.
Market Impact and Growth
With over 100 million downloads, Sweatcoin has established itself as a top health and fitness app globally. In 2022 alone, it was the most downloaded health & fitness app in over 42 countries. The app's success is supported by partnerships with over 1,300 brands, providing users with $200 million worth of value in exchange for their physical activity. This innovative model has increased users' walking by an average of 20%, totaling 23 trillion steps walked by its users.
Research and Collaboration
Sweatcoin is not only a commercial success but also a contributor to health research. It has collaborated with the NHS on a trial for pre-diabetic patients, achieving an 85% retention rate and significant health improvements among participants. The company's efforts have been recognized in research published in the British Journal of Sports Medicine, highlighting the effectiveness of incentivized behavioral change.
Global Presence and Team
Though headquartered in London, Sweatcoin boasts a diverse team of professionals from over 22 nationalities, working remotely from various locations around the world. This diversity enriches the company's culture and drives innovation.
Company Culture and Values
Sweatcoin fosters a culture that values health, innovation, and inclusivity. The company's mission is to inspire a healthier planet by unlocking the value of movement, aiming to create a global economy where health translates into economic value. The team at Sweatcoin is dedicated to this vision, working collaboratively to achieve widespread impact.
Why Work at Sweatcoin?
Working at Sweatcoin offers the opportunity to be part of a rapidly growing sector within health-tech. Employees benefit from a dynamic and supportive environment, where innovation and commitment to health and wellness are at the forefront. The company offers competitive benefits, professional growth opportunities, and the chance to contribute to a healthier world through groundbreaking work.