Sweat wallet adds AI assistant and expands to multichain DeFi

By: bitcoin ethereum news|2025/05/09 11:00:02

Sweat, a move-to-earn platform that rewards users for physical activity, has launched a personalized AI agent and expanded its multichain infrastructure. The update is designed to improve user onboarding by offering interactive guidance and simplifying asset management across blockchains. The AI agent, named Mia (short for Movement in Action), is powered by Near.AI — an open-source AI model platform with crosschain capabilities. Integrated into the Sweat wallet, Mia helps users to bridge, swap and manage their crypto rewards without needing deep crypto knowledge.. Sweat is rolling out support for Base, Ethereum, Arbitrum and BNB Chain. Within the app, users can now bridge assets and swap native tokens across networks, with the option to pay gas fees in Sweat (SWEAT) tokens. Sweat co-founder Oleg Fomenko told Cointelegraph: “We’ve shifted to championing the Movement Economy — an expansive, multichain ecosystem where movement is not only rewarded but also unlocks access to financial tools, health experiences and self-sovereign identity.” Related: Near’s crosschain AI Assistant will soon book flights and order takeout for you Personalized AI agents aim for a simpler interface Move-to-Earn is an emerging model that rewards users for physical activity by combining movement with technology. Apps like StepN, Plena and Sweat are exploring ways to integrate AI to enhance their platforms. StepN, for example, employs AI to improve anti-cheating mechanisms, while Sweat focuses on using AI to streamline the user experience and enable multichain decentralized finance (DeFi) functionality. Sweat uses the move-to-earn model, rewarding users for about every 7,600 steps taken. Users can exchange their token rewards for products, donate them or convert them into a currency of their choice. Related: How 10,000 steps can earn you up to $6.20 a day Fomenko told Cointelegraph that Mia is more like “a helpful friend” than a technical dashboard. It focuses on “guiding users through tracking how steps convert into Sweat tokens, earning staking rewards, or performing onchain actions like swapping or bridging tokens.” According to Sweat, the wallet has 20 million users and over 19 million tokenholders. Mia will also personalize in-app recommendations based on each user’s behavior and preferences, including surfacing relevant offers, setting reminders, or explaining new wallet features. Related: StepN Go app lets users share digital sneakers and split earnings Privacy and security remain priorities As AI-driven tools become more integrated with crypto wallets, concerns around data privacy and misuse have grown. Fomenko told Cointelegraph that the risks are addressed through “a combination of GDPR (General Data Protection Regulation)-compliant data handling practices, secure anonymization protocols and frequent external audits”. “By aligning with the highest privacy standards and prioritizing user sovereignty, Sweat ensures that AI serves as a helpful, secure, and trustworthy assistant in the Web3 journey,” Fomenko added. However, as AI agents scale, the risk of AI-driven phishing attacks increases, with bots sending personalized messages that closely mimic legitimate communications. To address these concerns, Fomenko said, “Mia operates transparently, providing clear, explainable prompts where users remain in control — they can accept, reject, or override suggestions at any time.” Magazine: Crypto AI tokens surge 34%, why ChatGPT is such a kiss-ass: AI Eye Source: https://cointelegraph.com/news/sweat-wallet-launches-ai-agent-mia-crosschain-defi?utm_source=rss_feed&utm_medium=feed&utm_campaign=rss_partner_inbound

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BeatSwap is evolving towards a full-stack Web3 infrastructure, covering the entire lifecycle of IP rights.

The core product "Space" is scheduled to launch in Q2 2026, driven by SocialFi

BeatSwap, a global Web3 Intellectual Property (IP) infrastructure project, is attempting to overcome the current fragmentation limitations of the Web3 ecosystem, building a full-stack system that covers the entire lifecycle of IP rights.

Currently, most Web3 projects are still in the stage of functional fragmentation, often focusing only on a single aspect, such as IP asset tokenization, transaction functionality, or a simple incentive model. This structural dispersion has become a key bottleneck hindering the industry's scale application.

BeatSwap's approach is more integrated, integrating multiple core modules into the same system, including:

· IP authentication and on-chain registration

· Authorization-based revenue sharing mechanism

· User-engagement-driven incentive system

· Transaction and liquidity infrastructure

Through the above integration, the platform builds an end-to-end closed-loop path, allowing IP rights to complete a full cycle of "creation, use, and monetization" within the same ecosystem.

Expanding from Web3 to a broader market: Restructuring the music industry's supply-demand structure

BeatSwap is not limited to existing crypto users but is attempting to take the global music industry as a starting point, actively creating new market demand. Its core strategies include:

Exploring and incubating music creators (Artist discovery)

Building a fan community

Igniting IP-centric content consumption demand

The current global music industry is valued at around $260 billion, with over 2 billion digital music users. This means that the potential market corresponding to the tokenization and financialization of IP far exceeds the traditional crypto user base.

In this context, BeatSwap positions itself at the intersection of "real-world content demand" and "on-chain infrastructure," attempting to bridge the structural gap between content production and financial flow.

"Space" to Launch in Q2 2026: Building the Core of SocialFi

BeatSwap's upcoming core product "Space" is scheduled to launch in the second quarter of 2026. This product is defined as the SocialFi layer in the ecosystem, aiming to directly connect creators with users and achieve deep integration with other platform modules.

Key designs include:

A fan-centric interactive mechanism

Exposure and distribution logic based on $BTX staking

User paths connected to DeFi and liquidity structures

Thus, a complete user behavior loop is formed within the platform: Discovery → Participation → Consumption → Rewards → Trading

$BTX Token Mechanism: Evolving from an Incentive Tool to a Value Carrier

$BTX is designed to be a core utility asset within the ecosystem, rather than just a simple incentive token, with its value directly tied to platform activity and IP use cases.

Main features include:

· Yield distribution based on on-chain authorized actions

· Value reflection based on IP usage and user engagement dynamics

· Support for staking and DeFi participation mechanisms

· Value growth driven by ecosystem expansion

With the increased frequency of IP use, the utility and value support of $BTX will enhance simultaneously, helping alleviate the "disconnect between value and utility" issue present in traditional Web3 token models to some extent.

Accelerating Global Exchange Layout: Enhancing Liquidity and Accessibility

Currently, $BTX has been listed on several mainstream exchanges, including:

Binance Alpha

Gate

MEXC

OKX Boost

As the launch of "Space" approaches, BeatSwap is actively pursuing more exchange listings to further enhance liquidity and global accessibility, laying a foundation for future market expansion.

Beyond Web3: Aiming for a Larger-Scale Integration of Content and Finance Markets

BeatSwap's goal is no longer limited to the traditional Web3 narrative but aims to target over 2 billion digital music users and a trillion KRW-scale content market.

By integrating content creators, users, capital, and liquidity into a blockchain framework centered around IP rights, BeatSwap is striving to build a next-generation infrastructure focused on "IP tokenization."

Conclusion

BeatSwap integrates IP authentication, authorization distribution, incentive mechanism, transaction system, and market construction to establish a unified structure that bridges the full lifecycle path of IP rights.

With the launch of the Q2 2026 "Space," the project is expected to become a key infrastructure connecting content and finance in the IP-RWA (Real World Assets) track.