The OliveX platform has agreed with The Sandbox to enable its brand partners Trib3, Gym Aesthetics and Playinnovation to deploy services in digital reality. Companies can launch their fitness-related products in the virtual world through this agreement.
The Hong Kong-based digital fitness firm rewards gamers with non-fungible tokens (NFTs) and cryptocurrencies for completing workouts and in-game missions based on sports activities. The partnership agreement with The Sandbox will allow you to create your own space in the Metaverse and promote profitable fitness brands under the company’s auspices.
For example, Gym Aesthetics Wellness aims to motivate users to improve their lifestyle and maintain a stable physical shape. For this, users are rewarded with digital currencies.
OliveX is committed to trying to integrate gamification and augmented reality (AR) into the fitness industry. Management has invested in game developer DEFY. The latest startup launched its token and sold the first non-fungible tokens (NFTs) on the PolkaStarter platform.
In addition, OliveX has invested in Silent mode Limited’s Breathonics app, which adds a range of interactive components to users’ personalized training programs. Breathonics is a system of mental health and meditation sessions for up to 15 minutes. In addition, funds were invested in developing the Dustland Runner blockchain game, an audio fitness platform.
OliveX plans to invest even more money in Web3 companies in the future.