Being a serial entrepreneur, Oleg Fomenko has raised over $45 million in total capital. He is also a mountain climber, who reached the peaks of Denali (6 194 m), Aconcagua, Elbrus, and 4 times climbed Kilimanjaro (5 895m). He knows how to SWEAT!
Oleg co-founded Sweat Economy, which now combines Web2 and Web3 business elements. Sweatcoin was the most downloadable health and fitness app in 2022, and Sweatwallet is one of most popular decentralised app (dApp) in the world, holding 6th position according to DappRadar. The company aims to lower global carbon footprints by incentivising physical activity to create a healthier and more active world.
🎧 In this interview, Oleg uncovers the insights on how Sweatcoin has made the transition from Web2 to Web3, why now and what is the most important to think about when making such transition.
🎥 Watch on YouTube: https://youtu.be/C9tqvssRIeY
https://twitter.com/oleg_fem
https://www.linkedin.com/in/ofomenko/
https://sweatco.in/i/sweatcoin
https://twitter.com/Sweatcoin
https://discord.gg/sweateconomy
https://twitter.com/violettechekan
https://www.instagram.com/violettechekan/
https://www.linkedin.com/in/violettachekan/
• Sweatcoin transition from Web2 to Web3
• Choosing the right blockchain: factors in selecting Layer 1 protocol to build a startup
• Current blockchain adoption state, market barriers and opportunities in Web3
• Integrating Web3 into business processes
• Managing startup fundraising in Web2 and Web3 projects
• Assessing the need of blockchain for Web2 business, strategic considerations for adoption
• The future of Sweatcoin: Web2.5 or Web3 project?
• Entrepreneur advice to founders