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What Is OliveX (DOSE)?

OliveX (DOSE) is a gamified fitness ecosystem working to enhance real-world workout experience through use of game design techniques and play-to-earn mechanics. OliveX allows players to both improve their physical shape and earn real-life revenue through gaming activity.

OliveX is set out to define a new era of fitness and provide an entertaining way to stay motivated through daily physical exercise. 27.97% of the company is owned by Animoca Brands — a leader in blockchain gaming.

DOSE, the ecosystem’s native currency, is earned by completing workout-based gameplay inside of OliveX's applications. DOSE is used to unlock in-game items and game modes, purchase NFTs and take part in the ecosystem’s special events. DOSE can currently be earned in Dustland Runner — an audio adventure running game, Dustland Rider — a cycling fitness game and 22 Pushups — a pushup challenge platform.

The token was launched in November 2021. The Dustland Runner mobile application alpha release took place in the first quarter of 2022 with the open beta version coming in Q2 2022. As a long-term goal the company is planning to introduce a PVP mode and create a metagame in Dustland Runner.

Who Are the Founders of OliveX?

OliveX’s Chief Executive Officer (CEO) is Keith Rumjahn — an experienced entrepreneur and fitness enthusiast. He previously founded Coachbase — the number one paid sports application on both iOS and Android. He has also authored a book on baseball coaching called “Coaching from the base up” and worked as a mentor at Hong Kong Founder Institute.

Andy Hall is the Head of Group Operations at OliveX. He is responsible for developing the company’s commercial strategy and managing its marketing and sales initiatives. Andy Hall has a master’s degree in Business from Quantic School Of Business And Technology.

What Makes OliveX (DOSE) Unique?

According to the project’s official whitepaper, Dustland Runner is the world's first proof of workout audio game, where real-life running exercise allows players to progress the narrative and gain NFTs and monetary incentives. Dustland Runner is not only free-to-play but also does not require gamers to own any in-game items (NFTs) to join. The game is set in a post-apocalyptic world, where players complete running missions to get resources and uncover the storyline.

One of OliveX's earlier applications, 22 pushups, is built as a daily challenge platform. It engages the smartphone’s light sensor to automatically calculate the number of user’s pushups and employs a variety of game design techniques to help fitness enthusiasts maintain a consistent routine. 22 pushups was featured as the “App of the day” by the Apple Store.

Dustland Rider leverages the game engine of SOL Cycling — a fitness game acquired by OliveX originally developed by Redline Studios. By integrating with a physical bike trainer equipped with bluetooth sensors Dustland Rider keeps track of the player’s cycling activity and allows for further progression down the game’s narrative.

Although the ecosystem primarily focuses on making workout experience entertaining, OliveX’s projects also do not miss out on all the essential features of a regular fitness app. As stated in the official whitepaper most of the ecosystem’s applications support metric tracking, goal setting and are able to connect to external fitness devices.

Related Pages:

Find out more about Digital Fitness (DEFIT) — a decentralized fitness platform connecting people with health and fitness professionals worldwide.

Check out Fit&Beat (FTB) — a fitness and wellness ecosystem built on blockchain.

Look into Lympo (LYM) — a fitness software that rewards users with cryptocurrency for completing daily workouts.

How Many DOSE Coins Are There in Circulation?

The total supply of DOSE is 5 billion tokens and the current circulating supply is set at 51,903,165.01 DOSE. As reported on the official website the allocation of tokens is as follows:

• 5.31% is in the company reserve
• 10% is given to the team and advisors
• 20% is set aside for the gameplay rewards distributed by the ecosystem
• 10% is allocated for user rewards in 22 PUSHUPS
• 10% is set aside for user rewards in Dustland Rider
• 15% is dedicated for user rewards in Dustland Runner
• 2.68% is spread through IEO (initial exchange offering) and IDO (Initial DEX offering)
• 10% is in the liquidity pool
• 2.68% is set aside to fund strategic partnership
• 0.33% is distributed through public pre-sale
• 14% went towards the private sale

How Is the OliveX (DOSE) Network Secured?

DOSE (OliveX) is an ERC-20 standard token on the Ethereum blockchain with a layer 2 solution on the Polygon/Matic network. As opposed to Ethereum, Polygon/Matic offers cheaper transaction fees and increased scalability.

When Will DOSE Trading Begin?

DOSE first went live in November 2021.

Can DOSE Hit $1?

As a move-to-earn metaverse OliveX (DOSE) has a potential to change the way society approaches physical exercise. Between the impressive collaborations with blockchain gaming leaders (Animoca Brands, The Sandbox) and the company’s plans to develop and acquire more move-to-earn projects, OliveX has a fair chance of further growing the value of its naitive token especially with the upcoming public releases of Dustland Runner and Dustland Rider.

Where Can You Buy DOSE?

DOSE (DOSE) is currently available for purchase on the following exchanges and DEXes: Gate.io, Uniswap (V2), OKX, PancakeSwap (V2), SushiSwap, and many others.

New to cryptocurrency? You can read more about how to enter the market and how to buy DOSE or any other token on CoinMarketCap’s education portal — Alexandria.