Monetized activity rewards token. I think this is a relaunch of a previous token, but I can't find the previous ticker. Anyways, it seems they're doing everything right with their relaunch.
They use the popular run to earn model, but they also add mechanisms to burn tokens through income. Plus the burn mechanism is governed by the token holders through a DAO. In my opinion this how modern tokens should be designed (Cyrator is designed the same way).
In short: people earn SWEAT by running (tracked by the phone app). They can use SWEAT to pay for stuff on a market. The protocol earns SWEAT from NFTs, DeFi functions, access to the audience, advertising, alternative movement validators, data analytics, premium subscription services. Protocol earnings go into a treasury of which 50% is burned and 50% used to run the platform. Token holders can adjust those numbers along with other decisions democratically via the DAO.
The token has launched, jumped, then dropped and seemed to have stabilized. So I think it's a great buy. This team has been successful once, seemed to have learned from their mistakes and is now going again. Show Less
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