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

South Africa News News

Fitness Metaverse: This Tech Company Trades Sweat For Crypto And NFTs
South Africa Latest News,South Africa Headlines
  • 📰 Forbes
  • ⏱ Reading Time:
  • 32 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 53%

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.

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:

Forbes /  🏆 394. in US

South Africa Latest News, South Africa 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 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
Read more »

Chinese Marketplace BigVerse Found Guilty of Minting NFTs From Stolen ArtworkChinese Marketplace BigVerse Found Guilty of Minting NFTs From Stolen ArtworkHangzhou court held BigVerse accountable for letting a user mint NFTs from stolen artwork.
Read more »

Nifty News: OpenSea acquires Gem, and Chess.com makes a move into NFTsNifty News: OpenSea acquires Gem, and Chess.com makes a move into NFTsMajor acquisition in the NFT ecosystem. OpenSea has acquired NFT marketplace aggregator Gem for an undisclosed price. The company made this move to improve the experience of its more seasoned, “pro” users.
Read more »

MoonPay's new minting-as-a-service tool bills itself as 'AWS for NFTs'MoonPay's new minting-as-a-service tool bills itself as 'AWS for NFTs'HyperMint seems to be a play for the 'minting-as-a-service' market as MoonPay strays further from its core payments product.
Read more »

Panini America prepares for NFL Draft night's special NFTs, fan experiences and morePanini America prepares for NFL Draft night's special NFTs, fan experiences and moreThe trading card industry leader is set to have special 1-of-1 nonfungible tokens (NFTs) for 16 players who will have their names called at the NFL Draft, including potential top pick Aidan Hutchinson.
Read more »

TikTok-Famous Doctors Are Getting Into NFTs And It's A MessTikTok-Famous Doctors Are Getting Into NFTs And It's A MessMetaDocs’ NFTs were designed to 'revolutionize medicine.' But its social media–famous doctors can’t prescribe for or diagnose NFT holders.
Read more »



Render Time: 2025-03-12 23:42:40