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Cryptocurrency News Articles

In Dubai, a unique initiative is shaking up Web3 norms

May 09, 2025 at 09:30 pm

The crypto exchange Bitget is teaming up with SWEAT, the pioneering ecosystem of the movement economy. Goal: turn daily walking into digital purchasing power.

In Dubai, a unique initiative is shaking up Web3 norms

In the heart of Dubai, a unique partnership is shaking up Web3 norms. Crypto exchange Bitget is joining forces with SWEAT, the pioneering ecosystem of the movement economy. Their goal: to convert daily walking into digital purchasing power. An unexpected bridge between the physical world and decentralized finance, unveiled at the Dubai Esports Festival.

Since its inception, SWEAT has maintained a clear vision: to make blockchain tangible. Through its native crypto $SWEAT, users can monetize their steps in the simplest manner. This model is built around a mobile app with an integrated wallet, the SWEAT Wallet, downloaded over 20 million times and boasting more than 3 million active users monthly. Together, they form what the creators call the “Movement Economy.” The experience is designed for optimal integration.

In an era defined by digital and crypto sedentary lifestyles, SWEAT’s strategy focuses on a counterintuitive yet powerful concept: physical effort becomes a source of value. As co-founder Oleg Fomenko explains, “This is about rewarding the most natural human behavior, movement, with digital ownership.”

On Bitget’s side, this collaboration aligns perfectly with their ongoing initiative. Founded in 2018, the Bitget crypto platform is recognized for facilitating the transition between traditional users (Web2) and decentralized solutions (Web3). With 120 million users in over 150 countries, Bitget is known for its copy trading services and accessible derivatives products.

Beyond the impressive figures, Bitget is committed to reaching a broader audience. This partnership with SWEAT marks a crucial step in that endeavor. “Movement is universal,” notes Vugar Usi Zade, Bitget’s COO. “It offers the most natural path to crypto.”

With this approach, Bitget is part of a broader dynamic focused on digital inclusion. The Bitget multi-chain wallet seamlessly integrates into an ecosystem designed to support users at every stage of their Web3 journey, from token purchases to exploring DApps.

It was at the 2025 Dubai Esports Festival that the alliance between the two companies was unveiled. Participants had the opportunity to experience this future firsthand, where every step in the real world is rewarded in the crypto universe. Interactive kiosks allowed physical movement to be converted into $SWEAT tokens, immediately viewable in their wallets.

Across the city, from Sheikh Zayed Road to the international airport, displays showcased the shared slogan: “Move to Earn. Earn to Live.” The effect is striking: crypto is no longer an abstract concept. It becomes an extension of everyday actions. This large-scale activation highlights the boldness of a project that blends territorial marketing, technological innovation, and public health.

This partnership between SWEAT and Bitget presents a clear vision, that of a crypto:

* accessible to newcomers,

* integrated into daily routines,

* encouraging physical activity.

By intertwining physical activity with digital reward logic, the two companies create a hybrid model between a wellness app and decentralized finance. This initiative responds to a deep trend: democratizing crypto through a simplified user experience. Less technical jargon, more tangible benefits. The bridge between Web2 and Web3 now runs through our sneakers.

By reinterpreting value through movement, both SWEAT and Bitget are revitalizing the Web3 narrative. In an era where mainstream adoption remains a challenge, the “fitness to earn” approach could become a replicable model. A tangible method to ground crypto in real life, step by step.

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