DOSE is a fungible token (FT) built on the ERC-20 standard. It serves as a means of purchase, utility, and action within the game. Players have the opportunity to earn DOSE tokens while playing the game, and these tokens can be utilized to unlock various items, purchase non-fungible tokens (NFTs), and participate in special events and game modes.

OliveX (DOSE) is a gamified fitness ecosystem working to enhance real-world workout experience through the 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 ecosystems native currency, is earned by completing workout-based gameplay inside OliveX's applications. DOSE is used to unlock in-game items and game modes, purchase NFTs, and take part in the ecosystems 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.

OliveXs 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 companys commercial strategy and managing its marketing and sales initiatives. Andy Hall has a masters degree in Business from Quantic School Of Business And Technology.

According to the projects 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 smartphones light sensor to automatically calculate the number of users 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 players cycling activity and allows for further progression down the games narrative.

Although the ecosystem primarily focuses on making the workout experience entertaining, OliveXs 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 ecosystems applications support metric tracking, goal setting, and are able to connect to external fitness devices.

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 to 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 a strategic partnership
• 0.33% is distributed through a public pre-sale
• 14% went towards the private sale

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.

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

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 BYDFis education portal — Alexandria.