--- title: One of Apple's Hottest Apps Pays You to Work Out description: In case you needed more incentive to stick to your New Year's resolution to work out more, there's an app that might help. authors: - name: Lisa Marie Segarra url: https://money.com/author/lisa-marie-segarra/ at_money_since: 2017 articles: 44 covers: - Technology - Business - Career Advice - Economy and Politics - Housing - Identity Theft - Insurance - Investing - Lifestyle - Personal Finance - Retirement - Shopping social: - https://twitter.com/lisamarie_lynn former_staff: true published: '2018-01-18T15:49:49.000Z' modified: '2024-04-17T07:39:53.000Z' section: Technology tags: - Cryptocurrency - onetime word_count: 244 canonical: https://money.com/sweatcoin-app-cryptocurrency/ type: Article source: structured-blocks --- > **Disclosure:** We research all brands listed and may earn a fee from our partners. Research and financial considerations may influence how brands are displayed. Not all brands are included. [Learn more](https://money.com/page/disclaimer/). ![Athlete preparing work out](https://img.money.com/2018/01/sweatcoin-cryptocurrency-woking-out.jpg) *Young runner getting ready to run. He wears sportswear and a GPS* In case you needed more incentive to stick to your [New Year's resolution to work out more](http://motto.time.com/4641184/workout-clothes-new-years-resolution/), there's an app that might help. Sweatcoin lets users earn "sweatcoins" for [working out](https://time.com/3772922/workout-apps-gym/), and the app is taking off fast. The app links to your phone's fitness and location data to measure workout progress, [according to Sweatcoin's website](https://sweatco.in/). Every 1,000 steps gives users .95 sweatcoins. People can use those sweatcoins to buy workout gear, classes and more, or donate them to partner charities around the world. Though branded as a "digital currency," the sweatcoins are more akin to rewards points that many platforms offer. The app has gain more than five million users and boasts more than 2 million weekly active users, [according to TechCrunch](https://techcrunch.com/2018/01/17/sweatcoin-lets-you-earn-crypto-for-working-out/?ncid=rss&utm_source=feedburner&utm_medium=feed&utm_campaign=Feed:+techcrunch%2Fstartups+TechCrunch+%C2%BB+Startups). It's currently the No. 3 free app and the No. 1 free health and fitness app in Apple's iOS App Store. Sweatcoin's parent company, the London-based start-up Sweatco, has raised $1.6 million in financing, according to [the New York *Times*](https://www.nytimes.com/2018/01/07/technology/sweatcoin-fitness-app.html?_r=0). The app makes money by marketing the products of other companies to its users. As people redeem Sweatcoins for rewards, the company that owns the product pays a fee to Sweatcoin, the *Times* reports. So far, you can only earn sweatcoins for "outdoor" steps, so any treadmill workouts wouldn't count since it verifies steps through GPS data. However, the app does appear to include steps from walking around inside. 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