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GM and happy May, Web3 fellows 🖖
Welcome to Epic Web3 Newsletter — your weekly dose of actionable insights from the major Web3 experts, who help your products go TO THE MOON 🚀
🔥 Startup Pitch Roast: Flames and Feedback from VCs
Pitching to investors can be a daunting task. You struggle to:
— Catch investors’ attention
— Clearly communicate your vision
— Stand out in a sea of competitors
That's why Startup Pitch Roast is designed to address these pain points head-on.
At the Epic Web3 Conference, you will have the exclusive opportunity to witness this live activity firsthand!
Renowned VCs will provide pro tips and insights to selected startups, as they roast their pitch decks and answer your burning questions.
Meet the roasters:
🔥 Mike Sigal — With GPO Fund and an investor background, Mike is a go-to advisor. His sharp insights and critiques will ignite your pitch to new heights.
🔥 Andrea Barrica — As a Partner at Mahway and a founder herself, Andrea knows what it takes to make waves. Brace yourself for her electrifying energy and game-changing advice.
Join the Epic Web3 Conference now while tickets are available. Not to be missed!
🧞♂️ Move-to-Earn: Fad or the future? Community Insights on how Sweat Economy brings real value to Web3
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What is Sweat Economy?
Sweat Economy is a successful sweat-to-earn ecosystem that incentivizes exercise through crypto rewards.
Their smartphone app, Sweatcoin, connects with other health tracking platforms like Apple Fit and Google Fit to track activity which includes walking, running, and jogging. And, what’s more important, it provides users with in-app tokens based on their movement:
Every 1000 steps = 1 $SWEAT token
As long as users have the Sweatcoin and Sweat Wallet apps, they earn $SWEAT tokens every day with their movements without buying an NFT or any initial investment.
With $SWEAT tokens, any users can opt in to prize draws and win tangible rewards such as Nike gift cards, Apple watches and iPhones, event tickets, etc.
Sweat Economy's Achievements
Since its inception in 2016, Sweat Economy has achieved significant milestones:
🔸 Over 120 million users joined worldwide.
🔸 The token was distributed to over 13.5 million holders.
🔸 Every day organic growth of 10K+ sign-ups in Sweat Wallet.
🔸 $13 million raised in funding in July 2022.
🔸 Transactions totaling $60 million in value (as for Q3 2021).
🔸 Users becoming 20% more active after downloading the app.
Why is Sweat Economy so popular?
The popularity of Sweat Economy can be attributed to several reasons:
There’s no entry barrier or charge that makes it accessible to everyone.
Participants are free to utilize the earned tokens for various business purposes.
Any entity is free to earn $SWEAT by verifying movement, whether Apple with a watch, FitBit, Technogym, or other activity trackers.
The platform is built on the NEAR blockchain, which provides a cost-effective and environmentally friendly infrastructure.
The core concept of "move-to-earn" not only encourages personal growth but also contributes to a healthier planet.
🔥 Hot news
If you wanna gain more insights into Sweat Economy, Oleg Fomenko, the co-founder, will be speaking at the Epic Web3 Conference.
Oleg will share valuable lessons learned from launching a product and token in a bear market.
Can’t make it in person? Join us online!
If you're unable to attend the Epic Web3 Conference in-person, don't worry! You can still be a part of the event by purchasing an online pass, including:
— Live streamed presentations
— Recorded sessions
— Access to the Livestream Bonus on June 30th
— A 3-month subscription to Epic Web3. It’s a video case study subscription, filled with growth insights from Web3 experts. Like Netflix, but it helps you grow :)
Only 100 tickets available — hurry up and join!
Alright, that’s it for today! 👋 But hey…
You didn’t say “gm” on Twitter! Let’s catch up there for daily insights.
Sending a big virtual high-five,