Yes, you read it right it's a Cryptocurrency that pays you for Walking/Running. Isn't that just Awesome you get to keep a Good Health with some Cryptocurrency too?
What is SweatCoin?
It is a Cryptocurrency which can be earned by Walking or Running. SweatCoin has an App that tracks your Movement through the various sensors of your Android or iOS Devices. You will be getting around 1 Sweatcoin for every 1000 Steps you take. These coins can then be exchanged for various kinds of stuff like Magazine Subscriptions or even an iPhone. Not a bad deal if you ask me.
What does it Cost?
It's actually Free of Cost and you don't have to pay anything to use their App. Although I do think that there would be a Premium version later on.
Battery Usage
As the App is going to be running in the Background it's obviously going to drain some of your Battery. But according to them, they have a Battery Saving Mode which will help you a lot.
Availability
This is one of the Negative Points as this App is only available for Selected Countries for now. If you are from either US, UK, CA and Ireland than you are in Luck as you can use this App to get some Free Sweatcoins. As for me, I will be waiting for it to be Available in my Country.