Oleg Fomenko
Sweatcoin; SweatEconomy | Co-Founder; CEO
Oleg Fomenko is co-founder of Sweatcoin and Sweat Economy, which is establishing the movement economy by realizing the value of physical activitiy and rewarding steps. Oleg has more than 15 years of experience as an entrepreneur. Nine years prior to the launch of Sweat Economy, Oleg co-founded Sweatcoin, a digital currency backed by physical movement and a stepping stone to the launch of $SWEAT - tokenised physical activity. Sweatcoin has more than 140 million users and 10 million token holders. $SWEAT is the 9th most-widely-held and 13th most-actively-used token in the web3 world.
As founder of bloom.fm, Oleg spearheaded a £16M funding raise, attracting 1.2 million registered users in the UK and offering the world’s first £1 per month subscription service. From time spent with household brand names like Coc-Cola, PepsiCo, and Mars, Oleg gained expertise in the areas of mobile product development, consumer propositions, and behavioral psychology. His time with BCG honed his knowledge of strategy development, consultancy, and marketing and brand management.
Oleg has recently moved from the UK to Portugal with his wife, two teenage kids, and his Australian Shepherd, Bear. Oleg loves hiking and taking walks with Bear every day, travelling and has already visited more than 50 countries, climbing some high mountains with the most recent one being Kilimanjaro which he climbed with his son over the last Christmas. Also, Oleg is not a surfer but can make a day of pretending to be one. He is fluent in English and Russian and can string few words together en Español.
Oleg Fomenko is co-founder of Sweatcoin and Sweat Economy, which is establishing the movement economy by realizing the value of physical activitiy and rewarding steps. Oleg has more than 15 years of experience as an entrepreneur. Nine years prior to the launch of Sweat Economy, Oleg co-founded Sweatcoin, a digital currency backed by physical movement and a stepping stone to the launch of $SWEAT - tokenised physical activity. Sweatcoin has more than 140 million users and 10 million token holders. $SWEAT is the 9th most-widely-held and 13th most-actively-used token in the web3 world.
As founder of bloom.fm, Oleg spearheaded a £16M funding raise, attracting 1.2 million registered users in the UK and offering the world’s first £1 per month subscription service. From time spent with household brand names like Coc-Cola, PepsiCo, and Mars, Oleg gained expertise in the areas of mobile product development, consumer propositions, and behavioral psychology. His time with BCG honed his knowledge of strategy development, consultancy, and marketing and brand management.
Oleg has recently moved from the UK to Portugal with his wife, two teenage kids, and his Australian Shepherd, Bear. Oleg loves hiking and taking walks with Bear every day, travelling and has already visited more than 50 countries, climbing some high mountains with the most recent one being Kilimanjaro which he climbed with his son over the last Christmas. Also, Oleg is not a surfer but can make a day of pretending to be one. He is fluent in English and Russian and can string few words together en Español.