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

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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.

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