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Filecoin (FIL) $ 4.22 4.41%
apecoin
ApeCoin (APE) $ 3.84 0.44%
vechain
VeChain (VET) $ 0.018251 4.13%
near
NEAR Protocol (NEAR) $ 1.53 6.29%
hedera-hashgraph
Hedera (HBAR) $ 0.048475 3.79%
frax
Frax (FRAX) $ 1.00 0.02%
flow
Flow (FLOW) $ 1.11 3.36%
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Internet Computer (ICP) $ 3.88 2.25%
elrond-erd-2
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Tezos (XTZ) $ 0.971758 3.20%
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Chain (XCN) $ 0.040737 4.86%
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Trust Wallet (TWT) $ 2.08 4.10%
chiliz
Chiliz (CHZ) $ 0.161746 8.07%
the-sandbox
The Sandbox (SAND) $ 0.550477 5.59%

With the help of SWEAT, NEAR Wallet was able to rapidly grow its user base to over 20 million.

30/11/2022
05/12/2022
07/12/2022
08/12/2022

MetaVentures Bangkok 2022

Bangkok, Thailand
14/12/2022
27/02/2023

ICBM Expo

Dubai, UAE
03/03/2023

At the beginning of this year, the NEAR Wallet had a total of just 2 million active users, which is nearly impossible to comprehend. With over 20 million users, NEAR is ecstatic to recognize the tenfold growth of its wallet in a little over a year’s time. NEAR is indeed a case of producing without boundaries!

This dramatic development may be attributable to a variety of things, one of which is the rising enthusiasm among builders for NEAR’s user-friendly blockchain that is extremely scalable and climate neutral. NEAR’s groundbreaking cooperation with firms such as SWEAT Economy, which is the most downloaded fitness app in the world, has also been a significant contributor to this expansion.

wallet blog 1

The greatest migration of users from Web2 to Web3 ever seen
Over 800 different projects are now constructing their infrastructure on top of NEAR, a blockchain platform that employs a Proof-of-Stake consensus mechanism to safeguard and confirm transactions on the blockchain. NEAR has also made it easier for developers by launching new features and tools, like as the Javascript Software Development Kit (SDK). Over 20 million developers will now have the opportunity to create Web3 applications using JavaScript, which is the most widely used programming language in the world.

Sweat Economy, often known as the “economy of movement,” effectively debuted on NEAR in September with the greatest airdrop that has ever been sent to active wallets who have opted in. The new Web3 SWEAT token was awarded to over 130 million users of the Move-to-Earn platform’s Sweatcoin app. The Move-to-Earn platform has been operating on Web2 since 2016, and it now has over 135 million token holders. The Sweat Wallet app shot to the top of the charts as the most popular finance app in more than 50 nations almost immediately. This comes as a direct result of Sweat’s accomplishment of being the IDO with the quickest ever sell-out on the DAO Maker platform.

The Sweat Economy has released more than 4.7 billion of its recently introduced SWEAT tokens to the 13.5 million users of Sweatcoin who have chosen to participate in Web3. This is the biggest ever transition of self-custody users from Web2 to Web3 and is the first time that many of these users are having their first exposure with blockchain technology.

“It’s been an extraordinary year for NEAR as we ramp up efforts to attract the world’s best and most socially-minded developers on our protocol,” says Marieke Flament, CEO of the NEAR Foundation. “Our efforts to attract the world’s best and most socially-minded developers on our protocol have been ramping up.” “We have placed a significant focus on fostering diverse talent, the creation of regional hubs, and environmentally responsible methods. The strategic alliances that we have built with major firms who have done an excellent job of migrating from a Web2 business model to a Web3 business model are just as vital to our success as the collaborations themselves.

Web3 user onboarding for one billion people.
This move is especially crucial in light of NEAR’s ongoing efforts to migrate one billion users to Web3.

“Sweat Economy is one of these companies that has made it easy for people to access Web3 applications with the help of NEAR,” continues Flament. “This has led to millions of users for both Sweat Economy’s product and our protocol.” ” These relationships are essential to helping us accomplish our objective to attain broad acceptance for cryptocurrency and to demonstrate the world that Web3 is capable of finding solutions to real-life issues and making society a better place for all individuals.

If you have not yet participated in the “economy of movement,” you should go to the app store for your mobile device right now and download Sweatcoin. After doing so, you will discover how millions of individuals are earning cryptocurrency just by engaging in physical activity. Come together with NEAR and Sweat Economy to create a collectively healthier future.

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