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CoinTelegraph 2025-05-08 12:49:36

Sweat wallet adds AI assistant, expands to multichain DeFi

Sweat wallet adds AI assistant, expands to multichain DeFi

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.” Mia in Sweat wallet Source: swe.at 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 now 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 every 1,000 steps taken . Users can exchange their token rewards for products, donate them, or convert them into a currency of their choice. 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 currently 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. 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

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