Oleg Fomenko

Co-founder at Sweat Economy

Oleg Fomenko Bio

Oleg Fomenko is Co-Founder of Sweat Economy, which is establishing the movement economy by realizing the value of physical activities and rewarding all forms of movement. Nine years prior to the conception of Sweat Economy, Oleg co-founded Sweatcoin, a digital currency backed by physical movement within the Sweat Economy ecosystem. Oleg has more than 15 years of experience as an entrepreneur. As founder of bloom.fm, he 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. He has a wealth of experience in the areas of propositions, strategy development, consultancy, and brand management. A serial entrepreneur, Oleg has been described by clients as a “true creative visionary”. He is particularly interested in the areas of health, civil rights and social action, human rights, economic empowerment, and education. He is fluent in English and Russian.

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