OliveX is a Hong Kong-based digital fitness company that rewards players with NFTs and cryptos when they complete their fitness-based training and gaming missions. The company has partnered with The Sandbox to create a new space in the metaverse. This collaboration will promote new fitness brands and introduce innovative products to the young population.
Recently, season 3 of The Sandbox Alpha launched, including an NFT avatar project with Gym Aesthetics, an OliveX partner brand. Players can use avatars powered by Gym Aesthetics Wellness and move around the world. The Gym metaverse aims to motivate users to improve their daily lifestyle and stay fit. Gym Aesthetics NFT holders can earn up to 60 additional SAND tokens as a reward at the end of Season 3 Alpha.
The Sandbox has recently seen many developments and partnerships in the sports industry, such as the Nikeland metaverse. In addition, fitness brands are increasingly moving into the web3 domain as it could boost their advertising by reaching the younger fitness-oriented audience.
OliveX partnerships and investments
Métavers d’OliveX has partnered with The Sandbox to offer visibility to its partner brands. Trib3, Gym Esthétique and Playinnovation. Thanks to this partnership, OliveX’s partner companies will be able to launch their products on the Scaffolding metaverse.
The company is also trying to bring AR gamification to fitness by investing in location-based AR move-to-earn game developer DEFY. DEFY recently launched its first token and sold its first NFTs on PolkaStarter. OliveX intends to invest in other such web3 companies in the future.
OliveX has also invested in Silentmode Limited’s Breathonics app, which adds a key element to your workout routine. Breathonics is a mental health training app with personalized meditation music that can last up to 15 minutes. This app has the same vision (fitness ecosystem) as OliveX, which is why OliveX invested in this app. In addition, they also invested in the Dustland Runner blockchain game app, the world’s first audio fitness game. In the game, players are rewarded based on distance, not performance. Rewards include NFTs and exclusive Dose tokens.
What is OliveX?
The Fitness Metaverse OliveX is a platform that enables gamified fitness experiences on the blockchain in partnership with fitness brands. OliveX allow players to receive cryptos and NFTs as rewards.
The company aims to develop and invest in move-to-earn blockchain games and create a fitness metaverse. The utility token for all OliveX games is DOSE. Players receive $DOSE by completing workout-based gameplay in OliveX’s partner games such as Dustland Runner and Dustland Rider. It also allows owners to purchase NFTs and participate in special game modes.
