Try this 12 months’s prime 5 most-read articles, that includes some acquainted faces (hey Revolut) in addition to a brand new child on the block…
Picture supply: Sweatcoin.
In Half 1 of this text, we regarded again at AltFi’s most-read tales of the 12 months, from No.10 to No.6, and on this article we are going to lastly reveal the No.1 most-read article of 2022.
Should you missed it, you’ll find Half 1 of AltFi’s 10 most-read tales of 2022 right here.
With out additional ado, listed below are the most well-liked tales on AltFi from 2022, from No.5 to No.1.
5. The Sweat Financial system raises $13m to onboard the subsequent billion stroll to earn crypto earners
A brand new identify on the AltFi scene, The Sweat Financial system – and its app Sweatcoin – landed with a bang this 12 months and swooped up three out of 5 of our top-read tales in 2022.
Sweat Financial system, the crew behind the move-to-earn app with greater than 100 million customers, raised $13m in a funding spherical again in August that included a personal token sale.
Buyers included Electrical Capital, Spartan Capital and OKX Blockdream Ventures and the elevate was set to speed up the app’s transfer into Web3 because it labored towards its goal of onboarding one other billion customers.
Learn extra: The Sweat Financial system raises $13m to onboard the subsequent billion stroll to earn crypto earners
4. John Lewis bins HSBC for NewDay to relaunch client bank card
British retail large John Lewis relaunched its Partnership Card with client credit score enterprise NewDay after 18 years of partnering with HSBC.
“We consider the mixture of our totally FCA-regulated product set, proprietary expertise and 20 years of underwriting expertise imply we’re ideally positioned to assist John Lewis ship significant enterprise development by means of the usage of accountable, accessible client credit score,” NewDay CEO John Hourican stated.
John Lewis additionally introduced plans to take a position greater than £50m into increasing its providing of monetary services and products to its shoppers on the identical time.
It stated it was seeking to enhance its finance crew by a 3rd to develop its client finance choices, following on from final 12 months’s partnership with digital wealth supervisor Nutmeg to embed funding merchandise.
Learn extra: John Lewis bins HSBC for NewDay to relaunch client bank card
3. Revolut co-founder hits out at Putin following Ukraine invasion
Early this 12 months, Vlad Yatsenko, Revolut’s co-founder and chief expertise officer took a significant stance in talking out in opposition to Vladamir Putin after he invaded Ukraine.
Ukrainian Yatsenko took to Twitter to name Russia’s chief a “brazen liar”, declaring in Russian that Ukraine “is and might be free”.
Revolut has continued to carry agency in its stance in opposition to the struggle on Ukraine since February.
This 12 months it has waived switch charges for Ukrainian banks, raised greater than €10m for the Crimson Cross Ukraine attraction with the assistance of its prospects and co-founder Nikolay Storonsky renounced his Russian citizenship in October.
Learn extra: Revolut co-founder hits out at Putin following Ukraine invasion
2. Every little thing you’ll want to learn about Sweatcoin’s crypto launch
Sweatcoin’s long-awaited SWEAT tokens launched in September, with $1m of the crypto offered on DAO Maker earlier than its huge Token Technology Occasion (TGE) even passed off.
Beforehand, customers had solely been in a position to generate sweatcoins that may very well be used like air miles and spent on the app, however now customers can flip their steps into SWEAT, the app’s personal crypto token minted with motion.
When the crypto drop launched, 1,000 steps equalled one SWEAT token, and any sweatcoins that had been generated earlier than the TGE had been matched.
In step with the app’s mission to get extra individuals transferring although, it now takes 2,288 steps to generate one token, and they’re going to get more and more tougher to create over time.
Learn extra: Every little thing you’ll want to learn about Sweatcoin’s crypto launch
1. Sweatcoin eyes launch of SWEAT tokens that flip motion into cash
Taking the highest spot for most-read story of the 12 months, Sweatcoin’s again once more!
Sweatcoin was initially eyeing a summer time launch for its SWEAT crypto, which finally went dwell in September, however within the final eight months its variety of customers has virtually doubled to greater than 120 million.
Greater than 32 billion sweatcoins have been created, and the app’s mission to “encourage a more healthy planet by incentivising individuals to maneuver extra” is clearly properly underway.
Learn extra: Sweatcoin eyes launch of SWEAT tokens that flip motion into cash
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