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Blockchain Game Explainer: What is Sweat Economy

Blockchain Game Explainer: What is Sweat Economy

Footprint Analytics2024/03/11 07:41
By: Footprint Analytics
AIOLD0.00%XOLDTOKEN0.00%SWEAT-1.22%
Blockchain Game Explainer: What is Sweat Economy image 0
Footprint Analytics

Data Source: Sweat Economy Dashboard

Author: lesley@footprint.network

What is Sweat Economy

Sweat Economy is a fitness startup that rewards people for physical activity using non-crypto Sweatcoin and crypto Sweat Wallet.

Blockchain Game Explainer: What is Sweat Economy image 1

Sweat Economy

Sweat Economy embraces decentralized governance, with the recent governance vote involving 2 billion idle $SWEAT tokens reflecting their commitment to community-driven decision-making.

Introducing the Sweat Economy Team

Founded by Oleg Fomenko, the company aims to fight global obesity and promote fitness through blockchain technology.

Sweat Economy’s journey began in 2015 with the development of Sweatcoin as a Web2 app, and later transitioned to Web3 with the launch of Sweat Wallet on the NEAR blockchain in September 2022.

Data of Sweat Economy

Blockchain game data analysis is critical for investors, developers and players.

It helps investors evaluate a game’s performance and potential returns when operating blockchain game research. Developers can use it to improve game features and user experience based on player behavior. For players, it ensures transparency and fairness in game mechanics and the value of their assets, such as non-fungible tokens (NFTs).

As a result, it promotes informed decision-making and trust among all stakeholders.

User Metrics

User metrics are key indicators of a game’s performance and health. They include data such as daily active users (DAU), monthly active users (MAU), retention, and churn.

Blockchain Game Explainer: What is Sweat Economy image 2

Sweat Economy Daily Active Users

Over the past month, Sweat Economy has maintained an impressive daily active user count of over 80,000, with peaks of around 170,000. This consistent performance reflects the platform’s stability and growing appeal within the crypto community.

Engagement Data

Engagement data refers to the depth of a player’s interaction with a game. It includes metrics such as transactions, trading volume, frequency of play, and in-game actions.

Blockchain Game Explainer: What is Sweat Economy image 3

Sweat Economy Daily Volume

The Sweat Economy Daily Volume remains fundamentally stable, with occasional bursts of significant trading activity. This data is critical for developers to understand player behavior and preferences so they can optimize the game for better engagement.

Footprint Analytics is a blockchain data solutions provider. It leverages cutting-edge AI technology to help analysts, builders, and investors turn blockchain data and combine Web2 data into insights with accessible visualization tools and a powerful multi-chain API across 30+ chains for NFTs, GameFi, and DeFi.

Product Highlights:

  • Data API for developers.

  • Footprint Growth Analytics (FGA) for GameFi projects.

  • Batch download for big-size data fetch.

  • View the data dictionary to explore all data sets Footprint provides.

  • Check our X post ( Footprint_Data ) for more product updates.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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