Co-founder of Sweatcoin and Sweat Economy, Lisbon Metropolitan Area

Oleg Fomenko is a distinguished entrepreneur in the mobile telecoms and consumer goods sectors, renowned for his innovative approach to digital currency and fitness. As the co-founder of Sweatcoin and Sweat Economy, Oleg is revolutionizing the way we view physical activity by integrating it with the digital economy, one $SWEAT at a time. His app grew to 100M active users worldwide

Professional Experience:

• Sweat Economy (Co-founder, August 2020 - Present): Oleg has played a pivotal role in evolving Sweatcoin into the broader Sweat Economy. Under his leadership, the platform has transformed into a digital currency backed by physical movement, aiming to make people more active, healthier, and environmentally conscious. The Sweat Economy envisions becoming the backbone currency of the global Economy of Movement, where various stakeholders like users, companies, and insurers can exchange value.
• Sweatcoin (Co-founder, July 2014 - Present, London, United Kingdom): As the co-founder of Sweatcoin, Oleg has been instrumental in developing this innovative digital currency platform. Sweatcoin incentivizes physical activity by converting steps into a digital currency, which can be spent on products, services, and experiences. With over a million users, Sweatcoin is a leading force in promoting a healthier lifestyle through technological innovation.

Accomplishments:

• Renowned for his ability to generate and refine consumer business ideas into attractive propositions.
• Skilled in leading implementation through securing funding, building teams and boards, and negotiating groundbreaking commercial deals and partnerships.

Specialties:

• Framing and solving significant consumer challenges.
• Starting businesses and building teams.
• Raising funding and negotiating deals.

Education:

• BA in Psychology and Sociology of Management (1991-1996)