The Sweat Foundation Ltd To End Current Sweat Wallet/SWEAT Model on Dec 30, 2026
The Sweat Foundation Ltd said Sweat Wallet and the SWEAT token, in their present form, will end on Dec 30, 2026, with app operations continuing until then and tokens remaining on NEAR and bridged EVM chains thereafter.Material Details#DetailAI Analyst View1Model ends Dec 30, 2026Signals wind-down of current product economics; impacts token utility and user activity.2App runs until Dec 30, 2026Near-term continuity; sets a hard deadline for users to act.3SWEAT token persists on-chainToken won’t be delisted from chains; mitigates total loss risk, but utility uncertain.4Unclaimed/Grow Jars sent to NEARReduces risk of stranded balances post-shutdown.5Grow Jar minimum term removedImproves liquidity for holders before wind-down.6Reasons: downturn, delistings, breachHighlights structural headwinds and prior incident costs pressuring viability.Context by AI AnalystThis is a late-stage confirmation of sustainability issues after market downturn, exchange delistings, and an April 2026 incident. A December update on post–Dec 30 mechanics and any alternative model or support would determine further valuation impacts.Based on the original press release from The Sweat Foundation Ltd distributed by Chainwire.This is an AI-generated summary and may contain inaccuracies. Summary is based on content distributed by Chainwire. Please verify any important information with the original source. This information is not a recommendation for what you should do personally and does not constitute investment advice.