# Sweatcoin to turn physical activity into charitable donations

- Link: https://fundraising.co.uk/2016/05/11/sweatcoin-turn-physical-activity-charitable-donations/
- Published: 2016-05-11T06:20:44+01:00
- Author: Howard Lake

**Sweatcoin is a new mobile app that rewards users’ physical activity by converting
it into digital currency units called ‘sweat coins’ which can be used to buy products
or donated to good causes.**

The app has been launched in the UK this month by a London-Based startup. Its creators
have already secured $1m in backing, signed up “dozens of partners’ to accept sweatcoins,
and tracked 150 million steps already taken by early adopters.

[Sweatcoin](http://sweatco.in) founders Oleg Foment, Anton Derlyatka, Danil Perushkev
and Egor Khmelev have secured partnerships with the Greater London Authority and
London Sport. They are also working with the corporate wellness and insurance markets.

## Advertisement

Sweat coins can already by spent on Vivobarefoot shoes, Kymire infra-red clothing,
FitBug wearables, training classes from Wonderush and more.

## SweatCoin wins LondonSport Fittech Innovation Award

 * ![](https://wfay6x.infiniteuploads.cloud/2022/01/sweatcoin-charity.webp)
 * ![](https://wfay6x.infiniteuploads.cloud/2022/01/sweatcoin-offer.webp)
 * ![](https://wfay6x.infiniteuploads.cloud/2022/01/sweatcoin-creation.webp)
 * ![](https://wfay6x.infiniteuploads.cloud/2022/01/sweatcoin-send.webp)

   

 * **Does donating your steps to charity sound familiar? We covered [Bitwalking](https://fundraising.co.uk/2015/11/23/bitwalking-app-to-let-walkers-earn-digital-dollars/)
   in November 2015 on UK Fundraising.**

 * **[Running app launches with transatlantic virtual charity race](https://fundraising.co.uk/2016/08/04/running-app-launches-transatlantic-virtual-charity-race/)**(
   4 August 2016)
 * **[Ronaldo app raises funds for Save the Children](https://fundraising.co.uk/2016/08/24/ronaldo-app-raises-funds-save-children/)**(
   24 August 2016)
 * **[Chatter app lets celebs auction FaceTime chats for charity](https://fundraising.co.uk/2016/10/05/chatter-app-lets-celebs-auction-facetime-chats-charity/)**(
   5 October 2016)
