Sweat Wallet and SWEAT to Adjust Operational Model on December 30

The Sweat Foundation announced that due to the current model failing to achieve sustainable profitability, Sweat Wallet and SWEAT will terminate their existing operational forms on December 30, with specific follow-up arrangements to be announced in the first week of December. When closing the claim and Grow Jar contracts, any unclaimed SWEAT and savings balances will be sent to the respective NEAR accounts; the SWEAT token will still exist on NEAR and the bridged EVM chains, while the Sweatcoin application, operated by an independent company, will continue to function normally.

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