What is DOSE (DOSE)?

Quick Facts

  • Type: ERC-20 utility and rewards token
  • Ecosystem: OliveX gamified fitness metaverse
  • Launched: November 2021
  • Founder/CEO: Keith Rumjahn
  • Key games: Dustland Runner, Dustland Rider, 22 Pushups
  • Blockchains: Ethereum, Polygon, BNB Smart Chain
  • Backer: Animoca Brands

Introduction

DOSE is the native token of the OliveX fitness metaverse — a blockchain-powered ecosystem that rewards users with cryptocurrency for real-world physical activity. The name is an acronym for the four chemicals released by the body during exercise: Dopamine, Oxytocin, Serotonin, and Endorphin.

The token serves as both a utility currency and a reward mechanism, sitting at the heart of OliveX's 'move-to-earn' model.

History & Background

OliveX was founded in 2017 by Keith Rumjahn, a Hong Kong-based entrepreneur and fitness enthusiast. The company built a portfolio of popular fitness apps before pivoting to Web3, including the viral Zombies, Run! audio adventure game.

DOSE launched in November 2021, backed by a strategic investment round led by Animoca Brands. The token's debut coincided with the alpha release of Dustland Runner, OliveX's flagship move-to-earn game.

How DOSE Works

Users earn DOSE by completing workout-based gameplay inside OliveX applications. Each game in the ecosystem draws from a daily token pool — called the daily trickle — that distributes rewards across all active players. This trickle decreases over time, creating a gradually tapering emission schedule.

DOSE operates primarily on Ethereum, with a Layer 2 solution on Polygon for cheaper, faster transactions. It is also available on BNB Smart Chain, broadening accessibility across DeFi ecosystems.

Tokenomics

DOSE tokens are pre-allocated across four core pools: gameplay rewards, gameplay incentives, promotion and marketing, and a reserve fund for future requirements. Tokens allocated to business partners are subject to a six-month lock-up followed by a two-year vesting schedule with periodic releases.

Supplement reward pools exist for competitive game modes such as PvP events and virtual races, funded by entry fees paid in DOSE.

Circulating supply ? 3.27 billion DOSE
Total supply ? 3.27 billion DOSE
Max supply ? -- DOSE
Updated 8mo ago

Ecosystem & Use Cases

DOSE connects all games and experiences across the OliveX ecosystem, acting as the shared currency between them. Key use cases include:

  • Earning: Rewarded for running, cycling, and completing fitness challenges
  • NFTs: Purchase in-game assets like avatars, vehicles, and virtual land
  • Unlocking content: Access special game modes, seasonal Battlepasses, and exclusive events
  • DOSELAND: A dedicated space within The Sandbox metaverse for quests, community interaction, and entertainment

Team, Governance & Community

OliveX is led by CEO Keith Rumjahn, who previously founded Coachbase, a top-ranked sports coaching app. The broader team focuses on game development, with Animoca Brands providing both strategic and financial support.

The community is active across Discord, Telegram, and Twitter, and OliveX aims to foster a decentralized ecosystem where users can eventually influence content creation and game design.

Advantages

  • Real-world incentive: Rewards physical exercise with tangible digital assets
  • Multi-chain accessibility: Available on Ethereum, Polygon, and BNB Smart Chain
  • Unified currency: One token connects all games and experiences in the ecosystem
  • Strong backing: Animoca Brands provides liquidity support and industry connections
  • Established app portfolio: Built on proven fitness apps with millions of existing users

Risks & Challenges

  • Market volatility: Token value is subject to broader crypto market swings
  • User retention: Sustaining long-term engagement in move-to-earn models is historically challenging
  • Ecosystem dependency: DOSE's value is tied to the continued growth and adoption of OliveX games
  • Regulatory risk: Jurisdictional restrictions already limit participation in certain regions

Long-Term Vision

OliveX's long-term ambition is to onboard one billion people into fitness through its blockchain-powered ecosystem. DOSE is central to this mission, acting as the bridge between real-world physical effort and digital rewards.

By expanding into The Sandbox metaverse, forming strategic brand partnerships, and continuously developing new fitness game titles, OliveX aims to position DOSE as the go-to currency for the emerging fitness metaverse sector.

Frequently Asked Questions

DOSE is used to purchase NFTs, unlock in-game items, access special game modes and events, and participate in competitive gameplay within the OliveX fitness metaverse. It is earned by completing real-world workout activities inside OliveX games.

DOSE is an acronym for Dopamine, Oxytocin, Serotonin, and Endorphin — the four chemicals released by the body during intensive physical exercise. The name reflects the token's core connection to health and fitness.

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 app). All games are part of the OliveX fitness metaverse ecosystem.

DOSE is an ERC-20 token on the Ethereum blockchain and also operates on Polygon (for lower fees and faster transactions) and BNB Smart Chain. This multi-chain presence improves accessibility for a wider range of users.

DOSE was created by OliveX, a digital health and fitness company founded by CEO Keith Rumjahn in 2017. The token launched in November 2021 with backing from leading Web3 investor Animoca Brands.

The daily trickle is OliveX's token distribution system, where a pool of DOSE is released each day and divided among active players across all supported games. The trickle rate decreases over time to manage the long-term emission of tokens.

DOSELAND is OliveX's dedicated space inside The Sandbox metaverse. It allows users to participate in quests, interact with the community, and access exclusive entertainment and learning experiences tied to the OliveX fitness ecosystem.

While DOSE is primarily earned through gameplay, it is designed for anyone who exercises — whether at home, at the gym, or outdoors. OliveX's apps support users across more than 170 countries, catering to both fitness enthusiasts and blockchain gamers.