Fitness Metaverse: This Tech Company Trades Sweat For Crypto And NFTs

  • 📰 Forbes
  • ⏱ Reading Time:
  • 32 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 53%

Business News News

Business Business Latest News,Business Business Headlines

OliveX wants you to earn while you burn. The Hong Kong-based digital fitness company rewards players with crypto and NFTs as they flee marauding pirates and monsters across a dystopian wasteland. metaverse

Now, OliveX is tapping into another newly acquired product design from fitness gaming platform. The blockchain game, which could come as early as June, replaces running with cycling. After that, the company wants to incorporate more sports, such as boxing and rowing, and begin using motion detection technology in games.

“In this fitness metaverse where everything is interconnected, I can play my first game and keep the weapons, and I can continue to use them in multiple games,” he said. “How cool would that be? That’s the dream we want to build.” Fitness applications will account for a “really, really large market” in the metaverse because people always invest in their health, especially when the pandemic has boosted their health consciousness, said Allen Ng, cofounder and CEO of Everest Ventures Group, which invested in OliveX., a video game developed by Nintendo that combines exercise with role-playing, saw its sales reach 7.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

bookitjvb manifested this

hi

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 394. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Ripple Names New Companies to Start Making NFTs on XRP Ledger Using $250 Million Creator FundRipple has unveiled the final teams of NFT makers to join the company's Creator Fund that offers $250 million of funding
Source: Utoday_en - 🏆 295. / 63 Read more »