- OliveX, a fitness organization based in Hong Kong rewards users with NFTs and cryptos as they escape marauders and monsters in a dystopian world.
- OliveX’s decision to step into the crypto boat has lured a lot of attention from investors. The doubled market capitalization over previous year is proof.
- OliveX is Animoca Brands’ spinoff, a blockchain and gaming powerhouse based in Hong Kong.
A DOSE Of Adrenaline
Who does not like to stay fit, but it takes an individual to move their body, which requires some motivation. OliveX is providing rewards to users of its mobile blockchain games.
Users can get their hands over OliveX native token DOSE and NFTs by finishing missions in the adventure game, requiring players to run for varying distances in physical world with their mobile phones in their hand. Digital rewards they gather in game can be utilized for leveling up in the game, or to be traded on cryptocurrency and NFT marketplaces.
OliveX stated that its plans allow it to tap into 3 flourishing sectors by integrating physical fitness with mobile games incorporating blockchain technology.
Organization’s long term vision is to develop ecosystem of fitness games combined with Animoca Brands’ metaverse dubbed the Sandbox, a digital realm where players can develop, sell or purchase their in-game assets as they engage with brands and users.
OliveX Tapping Into The Sandbox
OliveX stated that it is now developing a digital fitness world in the Sandbox, which will enable folks to bring NFT rewards from Dustland series into a broader metaverse platform. The digital land will feature organizations involving Gym Aesthetics, Playinnovation, Trib3 and others.
Keith Rumjahn, OliveX CEO said that, in this fitness metaverse where everything is linked to each other, folks can play their initial game and keep the weapons, and they can be utilized continuously in future in multiple games. He added, how cool will that be? That is a vision they desire to develop.
Interest in metaverse surged after Facebook was retitled as Meta during previous October, which was an element of the plan to concentrate towards metaverse
International tech mammoths like Google and Microsoft, and top-tier gaming organizations like Roblox and Epic Games have made investments in the metaverse. Even the biggest consumer brands such as Gucci, Nike and Disney has established their existence in the metaverse.
Fitness applications will be responsible for a larger share in metaverse as folks always invest in health, which was proven to be true during the pandemic.
Source: https://www.thecoinrepublic.com/2022/04/27/earn-as-you-burn-olivex-metaverse-trading-sweat-for-nfts-and-crypto/