Learning the friendly way

For millennia, humans have defined value through the tangible: gold you could hold, land you could stand on, and later, paper notes backed by government promises. But in just over a decade, cryptocurrency has fundamentally challenged these ancient conventions, introducing a radical new proposition: what if value could exist purely as information, secured not by central authorities but by mathematics and collective consensus?

Consider this: cryptocurrency isn't merely a financial innovation; it represents a philosophical, cultural, and psychological revolution in how we conceptualise value itself. While traditional economists and crypto bros might view crypto assets as speculative instruments, they miss the broader transformation occurring beneath the price charts - a complete reconstruction of our relationship with money, trust, and economic participation.

As we'll explore, this shift extends far beyond trading and investing. It's reshaping how entire generations think about wealth preservation, questioning long-held assumptions about institutional authority, and expanding financial access to previously excluded populations. From Bitcoin's deflationary model to the complex ecosystems of decentralised finance, crypto is rewriting the very language of value in the digital age. Let’s explore it. 

From tangible to digital: the evolution of wealth perception

"Where exactly is your Bitcoin?" This seemingly simple question reveals the profound shift occurring in our collective understanding of wealth. For centuries, value storage meant physical possession (again, gold bars in vaults, cash in wallets, or property deeds in filing cabinets). The materiality of these assets provided psychological comfort; you could literally touch your wealth.

Cryptocurrency challenges this fundamental association between physicality and value. When someone owns Bitcoin, they don't possess a digital coin in the conventional sense. Instead, they control access to a position on an immutable ledger - a concept so abstract that it requires significant cognitive adjustment for many traditional investors.

From a behavioural aspect, the difficulty many people have with accepting cryptocurrency stems from our evolutionary programming: our brains developed to value tangible resources (food, shelter, tools). Abstract representations of value require more cognitive processing, which is why many people struggle with the concept of crypto despite understanding it intellectually.

This transition mirrors other historical shifts in value perception. When paper money first replaced gold coins, many resisted the change, insisting that value couldn't exist in mere paper promises. Today's movement from government-issued currency to algorithmic scarcity follows a similar pattern of initial resistance followed by gradual normalisation.

What makes the current transition unique is its complete divorce from the physical realm. Bitcoin, Ethereum, and thousands of other digital assets exist exclusively as information, secured through cryptography, distributed across thousands of computers worldwide, and accessible only through digital keys. This represents not an incremental change but a quantum leap in how we conceptualise ownership and store value.

Decentralisation: redefining trust and authority

Perhaps crypto's most revolutionary aspect isn't its digital nature but its decentralised structure. For centuries, we've outsourced trust to centralised institutions, for example, banks to protect our deposits, governments to manage currency supplies, and credit agencies to verify our financial identities. 

Cryptocurrency proposes an alternative: what if trust could be encoded into protocol rules, distributed across networks, and verified by mathematics rather than human authorities?

When Satoshi Nakamoto created Bitcoin, it wasn't just a new asset class - it was a fundamental challenge to the monopoly on money creation. By solving the double-spend problem without requiring a central authority, blockchain technology essentially digitised trust itself.

This decentralisation has profound implications across the financial landscape:

• Banking without banks: Cryptocurrency enables people to become their own financial institutions: storing, transferring, and managing wealth without intermediaries who charge fees and impose conditions.
• Censorship resistance: When value exists on distributed networks, it becomes extraordinarily difficult for any single entity to freeze assets or block transactions, creating new forms of financial freedom.
• Global accessibility: Traditional financial systems reflect geographic and political boundaries. Decentralised networks operate independently of these constraints, allowing anyone with internet access to participate in the global economy.

In emerging markets particularly, this shift from institutional to algorithmic trust has accelerated rapidly. When Venezuela experienced hyperinflation exceeding 1,000,000% in 2018, many citizens turned to Bitcoin not as a speculative investment but as a practical necessity, literally a more stable store of value than their national currency. Similar adoption patterns have emerged across countries with unstable monetary policies or restrictive capital controls.

Some may view decentralisation as more than just a technological preference and more of a direct response to institutional failure. For example, when central banks and governments repeatedly mismanage monetary policy, people naturally tend to seek alternatives that can't be arbitrarily inflated or confiscated.

Scarcity, security & the psychology of hodling

Unlike fiat currencies that can be created indefinitely by central banks, Bitcoin introduced the concept of absolute digital scarcity: only 21 million will ever exist. Again, this fixed supply fundamentally changed how people think about money's relationship to inflation and time.

The term "HODL" (originally a typo for "hold") has evolved from crypto-community slang into a philosophy reflecting a significant psychological shift. Hodlers view cryptocurrency not as a short-term trading vehicle but as a long-term store of value, for some: digital assets worth preserving across generations.

Economist Saifedean Ammous, author of The Bitcoin Standard, argues that Bitcoin marks a return to "hard money" principles. He suggests that for most of human history, money was tied to inherently scarce resources like gold, which couldn't be artificially increased. In contrast, the widespread use of elastic fiat currencies in the 20th century is, in his view, a historical outlier. Bitcoin, with its fixed supply, reintroduces the idea of money that resists debasement.

This scarcity-based mindset has also impacted saving behaviours, particularly among younger generations. While traditional financial advisors typically recommend diversified portfolios with 3-6 months of emergency savings, many crypto adopters maintain much larger reserves, viewing fiat currency as an inherently depreciating asset and cryptocurrency as a hedge against monetary expansion.

The psychological security derived from mathematically guaranteed scarcity creates powerful emotional attachments. For many hodlers, their relationship with cryptocurrency transcends normal investment dynamics - it becomes a vote of confidence in a different economic model. This faith often persists through extreme market volatility, confounding traditional economic rationality models.

From a psychological perspective, consider this: the willingness to endure 70-80% drawdowns without selling suggests something deeper than profit motivation. For committed crypto holders, their assets represent not just potential financial gain but ideological alignment and identity. They're invested emotionally as well as financially. 

Financial sovereignty and the global unbanked

For approximately 1.7 billion adults worldwide without access to banking services, cryptocurrency offers something revolutionary: financial inclusion without institutional permission. This aspect of the crypto revolution rarely makes headlines but represents one of its most profound impacts.

In regions where banking infrastructure is limited, cryptocurrency enables financial activities previously impossible:

• Cross-border remittances: Migrant workers can send money home without exorbitant fees or lengthy delays
• Savings protection: Citisens in economically unstable regions can store value beyond the reach of local currency depreciation
• Microfinance access: Blockchain-based lending platforms enable credit access without traditional banking relationships

The concept of "being your own bank" carries different significance for someone in rural Kenya than for someone in Manhattan. For the latter, it might represent philosophical alignment; for the former, it could mean the first real opportunity to participate in the global financial system.

Even in developed economies, cryptocurrency offers financial sovereignty to those facing exclusion. Sex workers, political dissidents, and others vulnerable to financial censorship have found in crypto a way to operate beyond institutional control, though, of course, this same quality raises legitimate concerns about illicit usage.

Risk, reward, and a new investment ethos

Cryptocurrency has also introduced an entirely different relationship with financial risk. Traditional investment wisdom emphasises diversification, steady appreciation, and risk mitigation. The crypto ecosystem, by contrast, has “normalised” extreme volatility, concentrated positions, and experimental financial protocols.

DeFi (decentralised finance) platforms exemplify this new investment psychology. These permissionless protocols enable users to lend, borrow, and trade directly through smart contracts, often offering yields far exceeding traditional finance but with correspondingly higher risks. The willingness to lock millions of dollars, or just hundreds, into experimental code represents a profound shift in risk tolerance.

What traditional investors might see as reckless, many crypto participants view as rational, given their time horizon and beliefs about technological adoption. If someone genuinely believes blockchain technology will transform finance, accepting short-term volatility for potential long-term exponential growth aligns with that conviction.

The future of value: identity, data, and the Metaverse

As crypto continues evolving, its impact on value perception extends into emerging domains like digital identity, data ownership, and virtual economies. Blockchain technology enables new forms of value representation far beyond simple currency.

The next frontier isn't just about money - it's about tokenising aspects of human activity that were previously outside economic systems. From attention to data to reputation, blockchain enables us to capture, measure, and exchange forms of value that were previously intangible. Enter Web3.

Several emerging trends suggest how our concept of value might further evolve:

• Digital identity as asset: Self-sovereign identity systems enable individuals to control and potentially monetise their verified credentials and reputation
• Data ownership: Blockchain-based systems allow users to control, track, and be compensated for their data rather than surrendering it to platforms
• Virtual property: As metaverse platforms develop, ownership of digital land, items, and experiences increasingly resembles traditional property rights

The integration of AI with blockchain technology particularly suggests radical possibilities. Autonomous economic agents (software that can hold assets, make transactions, and provide services) may create entirely new economic relationships not predicated on human participation at all.

Looking toward 2035-2045, we might see value systems where:

• Human attention becomes explicitly priced and compensated through micropayment systems
• Algorithmic reputation scores function as forms of capital across platforms
• Digital and physical assets become increasingly interchangeable through tokenisation

The distinction between 'real' and 'virtual' value is already dissolving. For digital natives, ownership of a rare game item or social token can feel as significant as physical possessions. As virtual experiences consume more of our time and attention, this trend will likely only accelerate.

Conclusion: the value revolution has already begun

Cryptocurrency's true revolution isn't financial - it's conceptual, transforming how we understand value itself. Beyond creating wealth or challenging institutions, crypto expands money's definition through mathematical scarcity, programmable assets, and community governance. 

This philosophical shift fundamentally redefines our relationship with ownership, trust, and economic participation. 

As digital and physical value boundaries blur, both opportunities and challenges emerge. Whether you participate or not, understanding these paradigm shifts will be crucial for navigating our economic future where value is increasingly defined by consensus rather than decree.

‍

If you're looking for a smart way to get more out of your money, here's a little insider tip: locking XTP tokens in the Tap app could be a game-changer. It’s a quick, no-fuss move that unlocks premium features, slashes your fees, and gives you access to exclusive perks (just for being a savvy user). We’re all about helping make your money work harder for you, without jumping through hoops.

Let’s talk about it: the power of premium tiers

Locking your XTP isn’t just about holding onto digital assets, it’s your key to real, everyday savings. Essentially, the more XTP you lock, the more perks you unlock. It really is just a straightforward tiered system that rewards you.

Real-world savings: where you'll see the difference

Lower trading fees

Every transaction costs less when you lock XTP for a premium account, creating significant savings for active traders. The higher your tier, the more you save on each trade, keeping more profits in your wallet where they belong.

Example: A trader making €10,000 in monthly transactions could save hundreds in fees annually by moving from Essential to Plus tier, and thousands by reaching Premier or higher tiers.

Cashback rewards that add up

Getting up to 8% Cashback on your purchases isn’t just a nice-to-have - it’s like getting a discount every time you spend. No extra steps, just more value back in your pocket.

• Coffee runs: Daily €5 coffee becomes €4.60 with the Prestige tier (8% back)
• Weekly groceries: €200 shopping trip returns €16 with Platinum tier (6% back)
• Major purchases: €1,000 electronics purchase gives you €40 back with Premier tier (4% back)

Even at the Plus tier (€300 worth of XTP locked), your 1.5% Cashback quickly adds up, especially for regular spenders.

Fee-free ATM withdrawals

Premium tiers include greater ATM withdrawal limits, saving you those pesky fees that add up quickly:

• Prestige: Unlimited free withdrawals
• Platinum: €1,000 free monthly withdrawals
• Other Premium Tiers: free monthly withdrawals up to €500.

This benefit alone can save hundreds annually for frequent travellers or cash users.

Foreign exchange rate advantages

As a premium member, you get access to exclusive exchange rates when you're travelling or shopping internationally. The higher your tier, the better the rates, meaning you can save big on every global purchase you make.

Maximising your XTP strategy

Step 1: Calculate your spending patterns

Analyse your monthly expenses across categories like everyday purchases, trading activity, and ATM usage to determine which tier offers you the best return on your locked XTP.

Step 2: Consider your lock-up timeline

The beauty of XTP locking is flexibility - you're not permanently parting with your assets but rather unlocking access to a full suite of premium features while still maintaining full control.. Note that the lock-in time frame is one year.

Step 3: Start your journey

Begin with a tier that matches your comfort level and upgrade as you experience the benefits firsthand:

1. Download the Tap app and verify your account
2. Buy your desired amount of XTP
3. Select Upgrade from the bottom menu on the home screen
4. Choose your desired plan and follow the instructions. 

Additional premium perks

Your locked XTP doesn't just save you money, it elevates your entire financial experience:

• Priority support: Direct access to premium fast track assistance when you need it 
• Higher spending limits: Up to €30,000 monthly card spending limits for Prestige members
• Exclusive market insights: Premium crypto market newsletters and insights
• Multi-currency capabilities: Seamless management of various currencies

The bottom line

Whether you're a casual user or power trader, there's a premium tier designed to put more money back in your pocket through reduced fees, enhanced Cashback, and exclusive benefits that add real value to your financial journey.

For those willing to stake their claim in the premium territory, the rewards are clear: reduced fees, elevated features, and an experience built for those who demand more from their money.

Leverage in crypto trading is like adding rocket fuel to your portfolio - it can send your profits soaring or it could turn your investment into a spectacular firework display that ends in ashes. If you've been wondering whether leveraged crypto trading is right for you, you're asking the right questions. The answer isn't a simple yes or no, but rather depends on your experience, risk tolerance, and trading strategy.

Let's dive deep into the world of leveraged crypto trading to help you make an informed decision that won't leave you crying into your empty wallet.

What is leverage in crypto trading?

Leverage in crypto trading allows you to control a larger position than your actual account balance would normally allow. Think of it as borrowing money from your exchange to amplify your trading power. When you use 10x leverage, for example, you can trade with $10,000 worth of crypto while only putting up $1,000 of your own money.

The key distinction here is between leverage and margin. Leverage is the ratio (like 2x, 5x, or 100x), while margin is the actual collateral you put down. If you want to open a $5,000 position with 5x leverage, you'd need $1,000 in margin as your initial deposit.

Leverage ratios can range from conservative 2x multipliers all the way up to eye-watering 100x or even 125x on some platforms. Higher leverage means higher potential returns, but also dramatically increased risk of liquidation.

How does crypto leverage trading work?

When you open a leveraged position, you're essentially borrowing funds from the exchange to increase your market exposure. The exchange holds your margin as collateral and charges you interest (funding fees) for the privilege of using their money.

Here's the basic mechanics: You deposit collateral, choose your leverage ratio, and open a position. The exchange monitors your account balance constantly. If your losses approach your margin amount, you'll face liquidation: the exchange automatically closes your position to prevent you from losing more than your collateral.

Leveraged crypto trading typically happens through futures contracts, perpetual swaps, or options. Perpetual swaps are the most popular choice, as they don't have expiration dates and closely track the underlying asset's price through funding rate mechanisms.

Real-world examples of leveraged crypto trades

Let's examine some concrete scenarios. Imagine you open a $1,000 Bitcoin position with 10x leverage when BTC is at $50,000. Your effective position size is $10,000, controlling 0.2 BTC.

Scenario 1: Bitcoin rises to $55,000 (10% increase). Your position gains $1,000, doubling your initial investment. 

Scenario 2: Bitcoin falls to $45,000 (10% decrease). Your position loses $1,000, and you're liquidated, losing your entire margin.

(side note: Some platforms liquidate before the full 10% drop due to maintenance margin + fees, often at around an 8–9% drop for 10x leverage.)

For a more conservative example, consider 5x leverage on Ethereum. With $500 margin and ETH at $3,000, you control $2,500 worth of ETH. A 15% ETH price drop to $2,550 would result in a $375 loss, leaving you with $125 margin and approaching liquidation territory.

These examples illustrate how small market movements translate to significant portfolio impacts with leverage, both positive and negative.

Types of leverage trading: isolated vs. cross margin

Understanding margin types is crucial for effectively managing your risk. 

Isolated margin confines your risk to individual positions, so if one trade goes south, it won't affect your other positions or remaining account balance. You allocate specific amounts to each trade, and that's all you can lose on that particular position.

Cross margin, on the other hand, uses your entire account balance as collateral across all positions. While this can prevent liquidation by automatically adding margin from your available balance, it also means a single bad trade could potentially wipe out your entire account.

Isolated margin is generally safer for beginners because it limits your maximum loss per trade. While cross margin offers more flexibility and can help avoid unnecessary liquidations, but requires more sophisticated risk management skills.

What are the risks of using leverage?

The biggest risk in leveraged crypto trading is liquidation, and crypto markets are notoriously volatile. Bitcoin can easily swing 5-10% in a single day. With 10x leverage, a mere 10% move against your position equals a 100% loss of your margin, triggering automatic liquidation.

Overleveraging is perhaps the most common mistake. The temptation to use maximum available leverage can be overwhelming, especially when you see potential profits multiplied by 50x or 100x. However, higher leverage means smaller price movements can destroy your position entirely.

Emotional trading becomes amplified with leverage. The stress of watching leveraged positions can lead to poor decision-making, revenge trading, and the dreaded "risk of ruin" (losing so much that you can't effectively continue trading).

The bottom line is that market volatility in crypto is extreme compared to traditional assets. While stocks might move 2-3% daily, cryptocurrencies regularly experience 10-20% swings. This volatility, combined with leverage, creates a perfect storm for rapid account destruction. You’ve been warned.

What are the advantages of using leverage?

Despite the risks, leverage offers compelling advantages for experienced traders. The most obvious benefit is amplified returns - a 5% Bitcoin price increase becomes a 50% profit with 10x leverage. This capital efficiency allows you to maintain significant market exposure while keeping most of your capital available for other opportunities.

Leverage also allows for sophisticated strategies like hedging and short selling. You can profit from falling prices by opening short positions, or hedge your spot holdings by taking opposite leveraged positions. This flexibility is particularly valuable during crypto bear markets when traditional buy-and-hold strategies struggle.

For traders with limited capital, leverage provides access to meaningful position sizes that wouldn't otherwise be possible. Instead of needing $10,000 to trade Bitcoin meaningfully, you might achieve similar exposure with just $1,000 and 10x leverage.

Should beginners use leverage in crypto trading?

The short answer for most beginners is: probably not. Leveraged trading requires a solid understanding of market dynamics, risk management, and emotional control - skills that take time to develop. The learning curve is steep enough without adding the pressure of potential liquidation.

However, if you're determined to experiment with leverage as a beginner, start extremely conservatively. Consider 2x or 3x leverage maximum, and only risk money you can afford to lose completely. Use an isolated margin to limit your downside, and never risk more than 1-2% of your total capital on any single leveraged trade.

The golden rule for beginners: master spot trading first. Understand market analysis, develop a trading strategy, and build emotional discipline before adding leverage to the equation. Think of leverage as advanced weaponry: you wouldn't hand a rocket launcher to someone who's never held a regular gun.

How to manage risk when using leverage

Effective risk management is the difference between profitable leveraged trading and blown accounts. 

We’ll say it time and time again: position sizing is paramount -never risk more than you can afford to lose, regardless of how confident you feel about a trade. A common rule is the 1% rule: never risk more than 1% of your account on any single trade.

Stop-losses are non-negotiable in leveraged trading. Set them before entering positions, not after you're already losing money. Also, calculate your risk-reward ratio beforehand; many successful traders aim for at least 2:1 reward-to-risk ratios.

Diversification becomes even more critical with leverage. Don't put all your leveraged positions in one crypto or market sector. Spread your risk across different assets and strategies to avoid catastrophic losses from single market events.

Is leveraged crypto trading legal and available everywhere?

The regulatory landscape varies dramatically by jurisdiction. In the United States, leveraged crypto trading faces significant restrictions. Most major exchanges don't offer high leverage to U.S. residents, and some derivative products are completely unavailable.

International traders typically have access to much higher leverage ratios and more diverse trading products. However, this comes with less regulatory protection and potentially higher platform risk.

Always verify your local regulations before engaging in leveraged crypto trading. Some countries have banned crypto derivatives entirely, while others impose strict leverage limits or require special licensing for platforms offering these services.

Final verdict: should you use leverage when trading crypto?

So, should you use leverage when trading crypto? It depends entirely on whether you're ready to handle a double-edged sword that's sharper than most traders realise.

Leverage makes sense if you've already proven yourself profitable in spot trading, have ironclad risk management skills, and can sleep soundly while your positions swing wildly overnight. It's a tool for enhancement, not salvation.

Skip leverage if you're new to crypto, emotionally driven in your trading decisions, or using money you actually need for rent and groceries. The markets will still be here when you're ready.

The bottom line: crypto offers opportunities without adding leverage to the mix. Master the fundamentals first, then consider leverage as a precision instrument, not a lottery ticket. The goal isn't to hit home runs on every trade; it's to stay in the game long enough to compound your skills and capital over time.

‍

Built on the idea that movement has value, SWEAT turns your daily steps into digital currency. Whether you’re heading to the coffee shop or chasing your dog around the park, this app quietly rewards you for staying active, a novel approach to merging fitness and crypto.

This revolutionary approach to fitness motivation is being called "Move-to-Earn" (M2E) technology. Built on the foundation of the popular Sweatcoin app, which has attracted over 120 million users worldwide, SWEAT transforms your daily steps into actual crypto that holds real-world value.

The concept is beautifully simple: the more you move, the more SWEAT tokens you can earn. But unlike traditional fitness apps that offer points or badges, SWEAT tokens can be traded, staked for additional rewards, or used to purchase real goods and services. It's part of the broader Sweat Economy – an ecosystem designed to make healthy living financially rewarding.

For the realists wondering how this is made possible, let’s get into it. 

How does Sweat Token work?

The intriguing concept behind SWEAT lies in its seamless integration between physical activity and blockchain technology. Here's how the system operates:

Step Tracking and Verification 

The Sweatcoin app uses your smartphone's built-in sensors or connected wearable devices to track your steps. Using sophisticated algorithms to verify that your movement is genuine, it distinguishes between actual walking and artificial movement like shaking your phone.

Minting SWEAT Tokens 

Once your steps are verified, the app converts them into SWEAT tokens through a process called "minting." Initially, users could mint 1 SWEAT token for every 1,000 verified steps. However, this rate gradually decreases over time as part of the tokenomics design to maintain scarcity and value.

Blockchain Integration 

SWEAT operates on the NEAR Protocol blockchain, known for its speed and low transaction fees. When you mint SWEAT tokens, they're automatically transferred to your Sweat Wallet – a built-in crypto wallet that makes managing your tokens straightforward, even for crypto beginners.

Unlike other Move-to-Earn platforms that demand expensive NFT purchases to get started, SWEAT is free to begin earning.

Sweat Token tokenomics explained

Let’s take a look at SWEAT’s launch and distribution, total supply structure, minting decay schedule and burning mechanisms. Understanding SWEAT's economic model helps evaluate its long-term potential:

SWEAT launched in September 2022 with no initial coin offering (ICO) or pre-sale. Instead, SWEAT were distributed 1:1 to pre-existing Sweatcoin users via a token generation event, with a total supply capped and a minting schedule that decays over time to ensure scarcity.

Initially, 1,000 steps yielded 1 SWEAT, but this rate has reduced (e.g. ~0.33 SWEAT after one year, with plans for further reductions). 

And lastly, the ecosystem includes staking rewards that encourage holding tokens rather than immediate selling. Additionally, certain activities may burn tokens, removing them from circulation permanently.

Sweatcoin vs SWEAT

This distinction often confuses newcomers, so let's break it down clearly:

Sweatcoins are the original in-app currency that Sweatcoin users have been earning since 2016. These points exist only within the Sweatcoin app and can be spent in the app's marketplace on various products and experiences.

SWEAT tokens, launched in September 2022, are actual cryptocurrency that exists on the blockchain. They have real market value and can be traded on trading platforms, staked for rewards, or used across the broader Sweat Economy ecosystem.

Think of Sweatcoins as arcade tokens that only work in one specific arcade, while SWEAT tokens are like actual money that you can use anywhere that accepts them. Both currencies coexist - you can continue earning Sweatcoins for in-app purchases while simultaneously earning SWEAT tokens for broader crypto utility.

Real-world uses of SWEAT Tokens

Let’s explore SWEAT tokens use cases outside of the Sweat Economy ecosystem:

• Marketplace Purchases: The Sweat Economy marketplace offers real products and services that you can purchase directly with SWEAT tokens. From fitness equipment to wellness products, the marketplace continues expanding its offerings.
• Staking for Passive Income: You can stake your SWEAT tokens to earn additional rewards over time. This process involves locking up your tokens for a specified period in exchange for earning more SWEAT tokens as interest.
• Charitable Donations: The platform enables users to donate their SWEAT tokens to various charitable causes, adding a philanthropic dimension to one’s daily fitness routine.
• Gaming and NFTs: The Sweat Economy includes gaming elements and NFT collections that can be purchased or earned using SWEAT tokens, adding a gamefying element.
• Brand Partnerships: SWEAT tokens can be used with various fitness and wellness brands that have partnered with the Sweat Economy, expanding the utility beyond the core app.

How to earn SWEAT Tokens

Getting started with earning SWEAT is refreshingly simple:

• Download the Sweatcoin app from your device's app store and create an account. The app will guide you through connecting your step tracking permissions.
• Go about your daily activities - walking to work, taking the stairs, going for a jog, or any other movement that generates steps. The app runs in the background, automatically tracking your activity.
• Each day, you can mint SWEAT tokens based on your verified steps. The current rate varies due to the decay mechanism, but historically started at 1 SWEAT per 1,000 steps.

There are also several other ways to increase your SWEAT earning potential:

• Complete daily challenges and achievements
• Refer friends to join the platform
• Participate in special events and promotions
• Maintain consistent daily activity streaks

The platform implements daily minting limits to prevent abuse, but these limits can be increased through various engagement activities within the app.

Storing and managing your SWEAT Tokens

The easiest way to manage your SWEAT tokens is through the Sweat Wallet, automatically created when you start earning (no setup or technical know-how required). For those who prefer more control, SWEAT can also be stored in any NEAR-compatible wallet, like NEAR Wallet.

Whichever option you choose, security is key. Always enable two-factor authentication and never share your private keys or recovery phrases. While the Sweat Wallet includes built-in protections, staying vigilant is essential.

Where and How to Buy SWEAT Tokens

While earning through movement is the primary method, you can also purchase SWEAT tokens directly through centralised exchanges (CEX) and, for those comfortable with DeFi, on decentralised exchanges (DEX) within the NEAR ecosystem. 

Always research exchanges thoroughly and start with small amounts if you're new to crypto trading.

To stay on the safe side, keep an eye on Tap - an announcement is coming that could put SWEAT firmly on your radar.

Is Sweat Token safe? Looking at security and privacy 

Data privacy 

Sweatcoin has built its reputation on user privacy. The app collects step data and location information necessary for verification, but has implemented strong privacy protections. Users maintain control over their data sharing preferences.

Fraud prevention 

Be warned: the platform uses sophisticated anti-fraud mechanisms to prevent fake step generation. Machine learning algorithms analyse movement patterns to identify and prevent cheating attempts.

What data is collected vs shared 

The app collects step counts, basic movement patterns, and location data for verification purposes. However, personal health data isn't shared with third parties without explicit consent, and users can opt out of data sharing for marketing purposes.

Blockchain security 

Operating on the NEAR Protocol provides inherent security benefits through blockchain technology, including transparent transactions and decentralised validation.

M2E Movement: Sweat Token vs STEPN

Comparing SWEAT to STEPN, another popular Move-to-Earn platform, reveals important distinctions:

Entry Barriers 

STEPN requires purchasing expensive NFT sneakers (often $500-2000) to begin earning, while SWEAT is completely free to start.

Token Utility 

STEPN focuses heavily on NFT trading and upgrading, while SWEAT emphasises real-world utility through marketplace purchases and staking.

Monetisation Approach 

STEPN operates more like a game with complex mechanics, while SWEAT maintains simplicity and accessibility for mainstream users.

The choice between platforms often comes down to whether you prefer high-barrier, high-reward gaming (STEPN) or low-barrier, steady-reward fitness motivation (SWEAT).

Pros and Cons of Sweat Token

Advantages

• Zero Entry Cost: No upfront investment required to start earning
• Health Benefits: Encourages genuine physical activity and wellness
• User-Friendly: Simple interface accessible to crypto newcomers
• Real Utility: Tokens have actual use cases beyond speculation
• Large User Base: Built on proven Sweatcoin platform with millions of users
• Established Partnerships: Growing ecosystem of brand partnerships

Potential Drawbacks

• Token Inflation: Continuous minting may pressure token value
• Earning Limits: Daily minting caps limit earning potential
• Market Volatility: Like all cryptocurrencies, SWEAT price can fluctuate significantly
• Sustainability Questions: Long-term viability depends on user retention and ecosystem growth

Conclusion

Sweat Token combines fitness and crypto by rewarding daily movement with digital currency, making it an accessible entry point into Web3. With no upfront cost and real-world utility through staking and marketplace rewards, it appeals to both fitness enthusiasts and crypto newcomers. Its long-term success will depend on user engagement and expanding utility, but its low barrier to entry and alignment with everyday habits give it strong growth potential.

‍

‍

Anyone who’s been here long enough can tell you that the crypto space has long been dominated by headlines about dramatic price swings, viral meme coins, and speculative trading frenzies. While these stories grab public attention, they overshadow a far more significant development: the steady construction of digital infrastructure that's quietly reshaping how we think about money, ownership, and global coordination.

This infrastructure (comprising protocols, networks, and platforms) represents the foundational layer upon which the future digital economy will be built. Understanding its importance requires looking beyond the noise of market speculation to examine the technological bedrock that makes decentralised applications, global finance, and new forms of digital cooperation possible.

Some will argue that the journey from surface-level crypto awareness to deep appreciation of its infrastructure parallels the early internet's evolution. Just as few people in the 1990s understood TCP/IP protocols while browsing the web, today's crypto users often interact with sophisticated infrastructure without recognising its complexity or potential. So, let’s go there.

Understanding crypto infrastructure

Crypto infrastructure encompasses the foundational systems that enable decentralised networks to function. At its core, this includes Layer 1 blockchains like Bitcoin and Ethereum, which serve as base settlement layers. Layer 2 solutions build on top of these foundations, provide faster transactions and reduced costs while still maintaining the security of the underlying chain.

Stay with me; beyond the blockchain layers themselves, crypto infrastructure encompasses decentralised storage networks, oracle systems that connect blockchains to real-world data, cross-chain bridges, and smart contract platforms that enable programmable money and automated agreements.

Here, the comparison to internet infrastructure development resurfaces. Just as the internet required foundational protocols like TCP/IP for data transmission and HTTP for web browsing, crypto requires its own stack of interoperable protocols. Ethereum's introduction of smart contracts in 2015 paralleled the web's evolution from static pages to dynamic applications, enabling what we now call Web3.

This infrastructure exhibits composability, allowing different protocols and applications to interact seamlessly, thereby creating network effects where each new component enhances the utility of existing ones. 

For example, a decentralised exchange can integrate with a lending protocol, which connects to an insurance platform, all running on shared infrastructure and speaking the same digital language.

The role of infrastructure in real-world use cases

Let's take a look at perhaps the most mature application of crypto infrastructure: Decentralised finance (DeFi). Platforms like Uniswap have processed hundreds of billions in trading volume without traditional intermediaries, while lending protocols enable global credit markets operating 24/7 without geographic restrictions. Let the record state that these are not theoretical experiments: they're functioning financial systems serving millions of users.

Non-fungible tokens (NFTs), despite their heavy association with speculative art markets, demonstrate infrastructure capabilities for digital ownership and provenance. The underlying technology enables everything from supply chain tracking to digital identity verification, with applications extending far beyond collectables.

Looking at another example, Decentralised Autonomous Organisations (DAOs) showcase how crypto infrastructure can enable new forms of governance and coordination. Organisations like MakerDAO govern multi-billion-dollar protocols through token-based voting, while smaller DAOs coordinate everything from research funding to community management without traditional corporate structures.

Global remittances showcase the infrastructure's practical impact. Traditional international transfers often take days and attract significant fees, especially for users in developing nations. However, crypto infrastructure enables near-instant, low-cost transfers that bypass legacy banking systems, providing financial inclusion for underserved populations.

Looking further, storage networks like Filecoin and IPFS show us how crypto principles apply beyond finance. These systems create decentralised alternatives to centralised cloud storage, with cryptoeconomic incentives ensuring data persistence and availability without relying on corporate guarantees.

Finally (for now), oracle networks like Chainlink bridge the gap between blockchain systems and external data, enabling smart contracts to respond to real-world events. This infrastructure component is essential for applications ranging from crop insurance to prediction markets.

Why infrastructure trumps hype

Unfortunately, hype cycles are inevitable in emerging technologies. Let’s look at the internet again, which experienced multiple boom-bust cycles, from the dot-com bubble to social media speculation, yet the underlying infrastructure continued evolving throughout these times. 

Crypto follows a similar pattern: speculative excess grabs headlines, but fundamental infrastructure development goes on regardless of market sentiment.

→ Layer 1 blockchain innovation continues advancing despite price volatility. 

→ Ethereum's transition to proof-of-stake reduced energy consumption by over 99% while maintaining security. 

→ New consensus mechanisms and scaling solutions emerge regularly, addressing earlier limitations through technological iteration rather than marketing promises.

Take Layer 2 scaling solutions for instance, these have matured significantly, with platforms like Arbitrum and Polygon processing thousands of transactions per second at fraction-of-a-penny costs without making front page news. These developments solve practical problems that enable broader adoption, creating value through utility rather than speculation.

Infrastructure ensures long-term utility by focusing on fundamental capabilities rather than short-term price appreciation. A robust smart contract platform retains value whether tokens cost $10 or $10,000, because its utility derives from enabling new applications and business models, not from speculative trading.

Public blockchains: root access for everyone

Now, for public blockchains. These provide something unprecedented in digital systems: root access for ordinary users. In traditional computing, root access gives complete control over a system, typically reserved for administrators. Public blockchains extend analogous privileges to anyone with an internet connection, enabling direct interaction with global financial infrastructure without permission from intermediaries.

This represents a fundamental shift in digital sovereignty. Users can hold assets, execute contracts, and participate in governance without relying on banks, corporations, or governments to maintain accounts or process transactions. The infrastructure operates according to transparent rules encoded in software rather than opaque policies subject to change.

Shared governance emerges naturally from this design, as protocol changes require community consensus, enabling systems to evolve through democratic participation rather than top-down corporate decision-making. Now, token holders can vote on upgrades, fee structures, and resource allocation, participating in economic governance at a scale previously impossible.

On top of this, interoperability benefits from shared standards and open protocols. This allows applications built on public infrastructure to integrate seamlessly, creating network effects that strengthen the entire ecosystem. Or a wallet application that works across multiple platforms, a lending protocol that can source liquidity from various exchanges, and identity systems that can port credentials between services.

This also means that censorship resistance can become a practical reality rather than a theoretical ideal. Transactions can now execute according to protocol rules rather than institutional policies, providing financial access to users regardless of political status, geographic location, or social standing. This infrastructure has proven particularly valuable for individuals in countries with capital controls or political instability.

Limitations and criticisms

We cannot celebrate the highs without addressing the lows. Firstly, scalability remains a significant challenge for blockchain infrastructure. Bitcoin processes roughly seven transactions per second, while Ethereum handles about fifteen, far below Visa's theoretical capacity of 65,000 transactions per second. 

Of course, this comparison oversimplifies the trade-offs involved, as Layer 2 solutions and alternative consensus mechanisms continue improving throughput while maintaining decentralisation and security properties.

Another media-preferred limitation is energy consumption, particularly for proof-of-work systems like Bitcoin. What the media don’t reveal is that the narrative of excessive energy use often ignores several factors: Bitcoin mining increasingly uses renewable energy sources, proof-of-stake systems like Ethereum consume negligible energy, and the current financial system's energy footprint includes bank branches, data centers, and cash transportation networks rarely counted in comparisons.

Looking at governance, challenges can arise from the tension between decentralisation and coordination. Protocol forks like Bitcoin Cash and Ethereum Classic demonstrate how communities sometimes split over technical or philosophical disagreements. While these events can be disruptive, they also illustrate the system's ability to accommodate different visions rather than forcing consensus.

The Bank for International Settlements (BIS) has raised concerns about trust, scalability, and institutional integration in crypto systems. Their perspective highlights important considerations: public blockchains require users to trust cryptography and consensus mechanisms rather than institutional guarantees, scalability improvements often involve trade-offs in decentralisation, and integration with existing financial infrastructure remains complex.

However, many criticisms reflect misunderstandings about ongoing development. "Crypto is too slow" ignores Layer 2 innovations that achieve traditional payment system speeds while maintaining blockchain security guarantees. "Bitcoin uses too much energy" doesn't account for proof-of-stake alternatives or renewable energy adoption in mining operations.

Enter a new paradigm: the crypto economy

The crypto economy fundamentally shifts how digital systems create value. Traditional platforms extract wealth through data collection while users provide free content and attention. Crypto infrastructure flips this model: users own platform stakes, earn tokens for contributions, and participate in governance decisions.

This infrastructure operates without geographic boundaries. A Nigerian developer receives payment from a Swedish client through the same system enabling a Singapore DAO to fund global research. Smart contracts automate complex relationships: insurance pays out based on weather data, funds rebalance algorithmically, and revenue is distributed to thousands of contributors simultaneously.

The notion that "crypto will eat the digital economy" reflects the infrastructure's potential to reorganise systems around user ownership rather than platform extraction. This is proven by the fast rate at which decentralised alternatives are appearing, institutional blockchain adoption, and government exploration of digital currencies built on similar technologies.

Concluding thoughts

While speculation captures headlines, crypto infrastructure represents a quiet revolution in digital coordination and value transfer. Like the internet's lasting value came from enabling new applications rather than domain name speculation, crypto's impact will stem from infrastructure capabilities, not token prices.

This new infrastructure reshapes how we think about ownership, governance, and economic coordination in digital systems. It provides early examples of how future digital economies might grant users greater control and participation in the systems they use.

As this infrastructure matures, its influence will extend into areas we're only beginning to imagine. The quiet revolution of crypto infrastructure may ultimately prove more transformative than any speculative bubble, creating lasting change in how societies coordinate and create value in an increasingly digital world.

‍

In today's digital-first economy, businesses across all sectors are seeking innovative financial solutions to drive efficiency, enhance customer experiences, and unlock new revenue streams. One compelling strategy is the implementation of co-branded credit cards, which have been shown to significantly boost customer loyalty and spending.

Notably, 75% of financially stable consumers prefer co-branded cards for their rewards and benefits, indicating a strong alignment between these card programs and consumer desires.

By collaborating with financial institutions to offer co-branded cards, businesses can create tailored payment solutions that meet customer expectations and reinforce brand loyalty. This approach transforms the payment infrastructure from a mere operational necessity into a strategic asset that fuels growth.

For instance, the co-branded credit card market is projected to grow from $13.41 billion in 2023 to $25.72 billion by 2030, reflecting a compound annual growth rate (CAGR) of 9.74%.

Whether you're in retail, SaaS, or manufacturing, a tailored card program could be the key to transforming how your business engages with customers—and how you scale.

What is card program management?

Card program management encompasses the end-to-end process of designing, implementing, and optimising payment card solutions tailored to your business. From corporate expense cards that streamline internal processes to branded payment cards that enhance customer loyalty, these programs offer versatility that can benefit virtually any organisation looking to modernise its financial operations.

As businesses continue to navigate increasingly complex markets, those equipped with flexible financial tools gain a significant competitive advantage. The right card program doesn't just process payments—it generates valuable data, reduces administrative burden, and creates opportunities for deeper engagement with both employees and customers.

Why it matters

At its core, card program management involves overseeing all aspects of a payment card ecosystem—from issuing and distribution to transaction processing, reporting, and compliance. Modern card program management platforms provide businesses with the infrastructure to create customised payment solutions while maintaining visibility and control.

This matters because traditional payment methods often create friction points that slow business growth. Manual expense reporting, limited payment visibility, and rigid financial systems can drain resources and limit innovation. 

However, a well-managed card program addresses these pain points by automating processes, enhancing security, and providing greater flexibility.

Key benefits for businesses across sectors

Streamlined operations

Card programs dramatically reduce administrative overhead by automating expense tracking, simplifying reconciliation, and eliminating paper-based processes. This operational efficiency translates directly to cost savings and allows your team to focus on strategic initiatives rather than transaction management.

Enhanced Customer Experience

For businesses that implement customer-facing card programs, the benefits extend to experience enhancement. Branded payment cards can strengthen loyalty, while instant issuance capabilities meet modern expectations for immediacy. 

From hospitality to healthcare, organisations are using card programs to differentiate their service offerings.

Data-driven insights

Perhaps the most overlooked advantage of modern card program management is the wealth of data it generates. Every transaction becomes a data point that can inform business decisions, reveal spending patterns, and identify opportunities for optimisation. This business intelligence becomes increasingly valuable as programs scale.

Scalability and flexibility

As your business grows, your card program can evolve alongside it. Whether you're expanding into new markets or adding new product lines, a well-designed card program adapts to changing requirements without requiring complete system overhauls.

The implementation process simplified

Implementing a card program doesn't have to be overwhelming. The process typically follows these key steps:

1. Assessment and strategy development: Evaluate your current payment ecosystem and define clear objectives for your card program.
2. Platform selection and integration: Choose a card program management solution that aligns with your technical requirements and business goals, then integrate it with your existing systems.
3. Program launch and optimisation: Deploy your program with proper training and support, then continuously refine based on performance data and user feedback.

Real-World Impact

Across industries, businesses are leveraging card program management to solve specific challenges:

• Retail companies are implementing instant digital card issuance to capture sales opportunities.

•  Healthcare providers are using specialised payment cards to simplify patient financial assistance.
• Manufacturing firms are deploying corporate card programs with custom spending controls to streamline procurement.

‍

The common thread? Each organisation is using card program management as a strategic tool rather than just a payment method.

How Tap can help

Navigating the complexities of card program management requires expertise and the right technology partner. Tap's comprehensive platform brings together cutting-edge technology with industry-specific knowledge to help businesses design, implement, and optimise card programs that deliver measurable results.

Our solution addresses common challenges like regulatory compliance, security concerns, and integration complexities, allowing you to focus on the strategic benefits rather than implementation hurdles.

Ready to explore how card program management could transform your business operations and drive growth? Connect with Tap's team of specialists for a personalised consultation and discover the potential of a tailored card program for your organisation.

Article Framework: Card Program Management

Tone & Perspective

• Tone: Professional, informative, and authoritative.
• Perspective: Written from an expert viewpoint, educating businesses on launching and managing a successful card program.

Priority Headings & Structure

1. Introduction

• What is card program management?
• Why businesses need effective card program management.
• Overview of key stakeholders (issuers, networks, processors, etc.).

2. How Card Program Management Works

• Key components: issuing, processing, compliance, and risk management.
• The role of a program manager (self-managed vs. outsourced).
• The relationship between issuing banks, networks, and program managers.

3. Core Elements of a Successful Card Program

• Program Design: Choosing card types (prepaid, debit, credit), network selection (Visa, Mastercard), and branding.
• Issuance & Account Management: BIN sponsorship, account setup, and customer onboarding.
• Compliance & Risk Management: KYC, AML, PCI DSS, and fraud prevention strategies.
• Transaction Processing & Settlement: How funds flow through the ecosystem.
• Customer Experience & Support: Ensuring smooth cardholder interactions.

4. Self-Managed vs. Partner-Managed Card Programs

• Benefits and challenges of managing in-house.
• When outsourcing makes sense.
• How third-party program managers add value.

5. Key Considerations Before Launching a Card Program

• Business goals and revenue model.
• Regulatory and security requirements.
• Time-to-market considerations.

6. Trends & Future of Card Program Management

• Embedded finance & BaaS (Banking-as-a-Service).
• AI-driven fraud detection and risk management.
• Open banking and API-driven solutions.

7. Conclusion & Next Steps

• Recap of key insights.
• How businesses can get started with a card program.
• Contact a program management expert.

‍