What is DOSE? Everything you need to know about the DOSE token and the recent"Move-To-Earn" trend

DOSE is a token built according to ERC-20 standards on the Ethereum blockchain, and is also a utility token in the OliveX ecosystem, with the meaningful name being the chemicals that people emit during exercise sport.

Meanwhile, Move-to-Earn is currently the most sought-after keyword by the community, especially GMT (Green Metaverse Token) of the STEPN project which has increased by 30,000% in just 1 month. As a pioneer in this new trend, it seems history is repeating itself as GMT is well on its way to becoming the market leader in Axie Infinity 2.0. Therefore, a series of other projects under this “Exercise makes money” trend is being FOMO when simultaneously growing strongly, especially the DOSE token of OliveX’s Metaverse ecosystem.

What is DOSE?

DOSE is a utility token of the OliveX ecosystem (BVI), a company that builds a Metaverse space for fitness (fitness and sports) to help users exercise without limitation. space-time by applying blockchain and AR (augmented reality) technology.

When participating in the project, users will receive DOSE tokens by practicing games integrated into the ecosystem. These tokens can be used to unlock items, purchase NFTs, and participate in special events and project modes.

In terms of name, DOSE is an acronym for “happy hormones” that the body produces during physical activity or some other activity, making the body feel comfortable and in a happy, happy mood.

Dopamine: Also known as the “feel-good” hormone, dopamine is a hormone and neurotransmitter that plays an important part in the brain’s reward system. Dopamine has been linked to feelings of well-being along with learning, memory, motor function, and more.
Oxytocin: Often referred to as the love hormone, oxytocin is essential for childbirth, breastfeeding, and strong parent-child bonding. This hormone can also help promote trust, empathy, and bonding in relationships. Oxytocin levels usually increase with physical contacts such as kissing, cuddling, and sex.
Serotonin: This hormone helps regulate mood as well as sleep, appetite, digestion, learning, and memory.
Endorphins: Endorphins are the body’s natural pain relievers, produced in response to stress or discomfort. Endorphin levels also tend to increase when you engage in activities like eating, exercising, or having sex.

It can be seen that OliveX has invested quite a bit in the name of the token, right from the name we can understand and see the meaning and content of the project.

Highlights of DOSE

The general operating mechanism of the games is to combine physical activity with virtual reality games, role-playing complete tasks, and receive rewards from there.

Fitness first: The core of the experience relies on a fitness app with stats tracking and allowing players to work on their own goals. A trend of running and fitness training emerged after the outbreak of the COVID epidemic, and perhaps this is also one of the main reasons OliveX developed this project.
Role-playing: Players transform into Dust Runner, experiencing the story in parts each time they do a mission. (As they unlock more quests and meet more characters, the plot will expand and a mysterious web will be discovered.)
Players manage their gameplay: Players will be rewarded with DOSE directly for their participation in the game, along with the NFT. Players who join the game early will become especially valuable to the community and will find themselves with more opportunities to accelerate their progress.
Free to Play: Players can start the game for free. The core of the game revolves around players feeling like they’re collecting loot and turning it into something mystical.

Economics in DOSE

Highlights when compared to other projects in the Move-To-Earn trend
If compared with other Move-To-Earn projects, OliveX targets a larger user base as they exploit not only running activities but also other activities such as cycling, and push-ups (push-ups). ),…

With that goal in mind, OliveX has built a series of projects in its Metaverse ecosystem to serve the above activities such as:

Dustland Runner is for running.
Dustland Ridder for cycling.
22 Pushups for push-ups.
In addition, the project also supports the development of many other Move-To-Earn games such as DEFY, Genopets, etc., which have also received many positive reviews from the market.

In addition, OliveX’s metaverse ecosystem is made up of 3 components: Dustland, Sandbox, and DOSE token. Dustland players will be connected by DOSE tokens in Sandbox’s Virtual World. They can even trade items with different Sandbox partners.

With this ecosystem, OliveX’s potential for growth will be extremely strong if it can continue to develop in response to the needs of the market, especially with the current Move-To-Earn trend.

Regarding the overview of the Move-To-Earn ecosystem, after the great success of STEPN GMT, the market has begun to disperse and pour new money into other M2E projects with the expectation that they will be profitable as the previous GMT. there. Let’s do a little comparison between OliveX’s projects as well as current M2E projects:

As shown in the picture, STEPN GMT has increased its Market Cap up to $1.3 billion, while OliveX ecosystem tokens like Genopets, DOSE, or other projects like Dotmoovs all have modest MCs ranging from < $1 million to $35 million. However, investing in non-STEPN projects carries a lot of risks because the Move-To-Earn trend is only a FOMO according to STEPN GMT, and it is unlikely that this trend will last. as long as last year’s GameFi. Therefore, we need to learn more information from the project as well as an overview of the market to reduce the risk to as low as possible.

Games in the ecosystem

22 Pushups: Game about push-ups and automatically counting the number of turns to help users.

Dustland Runner: The world’s first Proof of Workout game, a brand new Run to Earn game based on Zombies, Run technology. As for Dustland Runner, there will be 4 main elements including:

The core element is physical, with stat tracking and allowing players to work on their own goals.
Role-playing gameplay: Players will transform into characters in the game and perform missions, and explore many new spaces.
Incentive reward: Players will receive DOSE or NFT tokens after completing the task, which can be traded if desired.
Free to Play: This is the deciding factor for users to participate because the core of the project wants users to feel.

Dustland Rider: A game about cycling combined with virtual reality in Martian space, and many new terrains to bring many new experiences to players.

Benefits of holding DOSE Token

When holding the DOSE Token, users will enjoy the following benefits:

Get access to all the games, tournaments, and community events that OliveX organizes.
Participate in games in OliveX’s ecosystem.

What actions is DOSE used for?

NFT Trading: DOSE can be used to purchase Dustland Runner NFT directly from the game or through the secondary market. NFTs will be sold individually and through bundles ranging from avatars to cosmetics, vehicles, and virtual in-game land.
Use as a fee to enter limited-time events: While the core Dustland Runner experience is free, DOSE is used as a fee to enter special game modes and limited-time events. The term includes virtual races and PvP battles.
Upgrades & Unlocks: As players progress in the game, they can use DOSE tokens to unlock many options and in-game amenities.
Seasonal Battle Pass Subscription: Players can purchase access to a season of Battle Pass, which gives them access to event quests as well as a tiered reward system to unlock a limited-time NFT time.

Project team, investors, partners, and advisors

Project team

Investors & Partners

Adviser

Yat Siu: Chairman of the Board of Directors of Animoca Brands
Sonny Wu: CEO of AREVO
Dylan Boyd: Director, New Program Development at R/GA Ventures
Jeremiah Owyang: Analyst & Founding Partner of Kaleido Insights
Mark Cheng: Mind Fund Partner & COO
James Ho: Animoca Brands Strategic Partner Manager
Sean Dudley: VP of Product for Animoca Brands
Jacky Yuk: Managing Architect of Animoca Brands

Roadmaps & Updates

Quarter 4 of 2021

Launch of the newspaper Dustland Runner Lite.
Initialize DOSE token.
Public pre-sale (voucher).
DOSE is listed on CEX/DEX exchanges.
Promotional activities.
Sell/pack land Dustland Runner (NFT).
Bridge to the Polygon system.

Second-quarter of 2022

Mobile app release (beta).
Deploy website and metagame.
Host bonuses are rolled out.
Task is running (part 1) & NFT.
Launch of an exclusive Runners club exclusively for Avatar owners.

3rd quarter of 2022

New DOSE application integration.
NFT lending.
Virtual Race #1 (beta).
Launch of Battlepass beta (beta).

Quarter 4 of 2022

Games and rewards.
Implement the PVP mechanism.

Token information DOSE

Key Metrics DOSE

Token Name: DOSE
Ticker: DOSE
Blockchain: Ethereum
Token Standard: ERC-20
Contract: 0xb31ef9e52d94d4120eb44fe1ddfde5b4654a6515
Token Type: Utility, Governance
Total Supply: 5,000,000,000
Circulating Supply: 137.583,625

DOSE Token Allocation

Gaming: 35%. In there:

>Dustland Runner: 15% or 750,000,000 DOSE.
>22 PUSHUPS: 10% equivalent to 500,000,000 DOSE.
>Dustland Rider: 10% is equivalent to 500,000,000 DOSE.

Gameplay Rewards: 20% equivalent to 1,000,000,000 DOSE.
Token Sale: 19.69%. In there:

>Private Sale: 14% equivalent to 700,000,000 DOSE.
>Public Pre-Sale: 0.33% or 16,500,000 DOSE.
>Strategic Partnership: 2.68% or 134,000,000 DOSE.
>IEO/IDO: 2.68% or 134,000,000 DOSE.

Team & Advisors: 10% equivalent to 500,000,000 DOSE.
Liquidity Pool: 10% equivalent to 500,000,000 DOSE.
Company Reserve: 5.31% or 265,500,000 DOSE.

DOSE Token Sale

DOSE Token Release Schedule

Strategic Partnership: Token will be locked for 6 months and paid for 2 years with 6 subsequent issuances.
Team & Advisors: Tokens will be locked for 12 months and paid linearly for 3 years thereafter.

Summary

With the above information, we can see that DOSE is a token that was born first and has a supporting ecosystem but cannot grow as strongly as its junior STEPN GMT. But even so, DOSE is bound to have a market fomo growth from $0.08 to an ATH of $0.26 (Nearly x4). At the time of writing, the DOSE token is trading at $0.14

Personal comment: In the short term, DOSE will have a certain price increase motivation thanks to the new trend of Move to Earn and the sale of items shortly. However, we need to consider holding DOSE for a long time because the junior STEPN has also started to trend down, and the form factor of the Move-To-Earn trend is also starting to cool down. With the main construction based on GameFi’s economy, the inflation problem of tokenomics will certainly be a difficult problem to solve, so HoldingB hopes that readers will study and analyze it carefully before deciding to downgrade. investment money.

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