Bitwalk

Bitwalk (formerly "Bitwalking" until 2018) is a digital currency introduced by project founders, Franky Imbesi and Nissan Bahar.[1] Each Bitwalking dollar (BW$) is earned by walking approximately 10,000 steps, or 5 miles (8 km).[2] While each BW$ will be equivalent to $1 in the Bitwalking online store, the real-world conversation rate of each BW$ is not known.[3]

A free mobile application is used to count and convert a user's steps into Bitwalking dollars.[1] The Bitwalking dollars generated by the app accumulate daily in the user's account until transferred or spent. The app is available on Android devices and in a limited number of countries including the UK, Japan , Malawi, and Kenya.[4] The amount of Bitwalking dollars a user can claim per day was capped at 3BW$ at launch.[1] Bitwalking dollars cannot now be spent neither in the Bitwalking in-app marketplace nor exchanged for cash, but the company have stated future plans to set up an automatic online exchange.[1]

The mobile app is currently not available for Android and iOS devices until further notice, as the staff is working hard on the next generation of Bitwalking.

Bitwalk currently has one major competitor in the space, Sweatcoin,[5] which is available for both iPhone and Android and can be used in the US, UK, Canada, Ireland and Australia.

## References

1. ↑ 1.0 1.1 1.2 1.3 "Bitwalking app tracks your steps and rewards you for getting fit | Daily Mail Online". dailymail.co.uk. 24 November 2015. http://www.dailymail.co.uk/sciencetech/article-3331865/These-boots-EARNING-Crypto-currency-app-Bitwalking-tracks-steps-pays-people-stroll-around.html#ixzz3smwrDC3Q. Retrieved 2015-12-01.
2. ↑ "Bitwalking dollars: Digital currency pays people to walk - BBC News". bbc.com. 21 November 2015. https://www.bbc.com/news/technology-34872563. Retrieved 2015-12-01.
3. ↑ "Earn yourself spendable Bitwalking dollars with your daily perambulations". 21 November 2015. http://betanews.com/2015/11/21/earn-yourself-spendable-bitwalking-dollars-with-your-daily-perambulations/. Retrieved 4 December 2015.
4. ↑ "Bitwalking is digital currency you earn just by walking". 24 November 2015. http://www.geek.com/mobile/bitwalking-is-digital-currency-you-earn-just-by-walking-1640125/. Retrieved 4 December 2015.
5. ↑ Club, Sweatcoin. "Sweatcoin App" (in en-US). http://www.sweatco.in.

## External links

* The Future Of Everyday Transactions
* Sweatcoin
* More about Sweatcoin

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