MetaBlox Partners With CALDANCE
MetaBlox has recently announced its partnership with CALDANCE. The two Web3 companies are venturing into the fitness industry by integrating GameFi and X2Earn economic models into exercise equipment. The partnership is set to pioneer a way to earn crypto tokens for staying fit.
What is CALDANCE
CALDANCE is an exercise equipment company that uses gamification to let players earn cryptocurrency in their efforts to stay fit. This is made possible by turning actual sports and fitness equipment into crypto miners. Players use CALDANCE equipment to exercise while mining tokens, where mining yields are based on calories burned.
CALDANCE is set to release a variety of high-end exercise machines beginning with the CALDANCE Exercise Bike. Players will create a user profile connected to the exercise machine within the CALDANCE SocialFi system. As players use the machine, exercise data will be recorded on their profiles, and crypto rewards will be given accordingly.
CALDANCE hopes that this innovative type of product will change how people view exercise by tapping into earning potential as a motivation for staying healthy. By integrating Web3 GameFi and SocialFi platforms, CALDANCE equipment gives players an immersive exercise experience that should make staying fit fun as well as rewarding.
The CALDANCE project was born out of a group of visionaries, engineers, and designers who aspired to make people healthier by improving their exercise habits. Making up CALDANCE’s core founding team are seasoned and high-ranking professionals in the sports, marketing, and blockchain industries.
Coming from different parts of the world, namely the USA, Ukraine, Taiwan, and Singapore, the CALDANCE team brings to the project a unique blend of globally recognized knowledge and expertise.
MetaBlox at a Glance
MetaBlox is a Web3 company focused on providing free Open-Roaming WiFi through blockchain technology. MetaBlox’s hotspot network infrastructure is owned by its users, who verify and provide their own Web3 connections for each other. Users are rewarded for supporting the network in this way with $MBLX tokens.
MetaBlox’s Open-Roaming hotspot gateway protects user privacy by adopting decentralized identifiers (or DIDs) as the login mechanism. DID users who access free WiFi on the MetaBlox network can access decentralized Web3 applications including DeFi, GameFi, and Metaverse platforms.
The CALDANCE and MetaBlox Partnership
The CALDANCE and MetaBlox partnership aims to benefit consumers through the synergy of expertise between the two tech companies. The combined efforts will also garner mutual benefits that propel growth for either company.
The partnership is still at the development stage, and specific plans about how MetaBlox and CALDANCE can combine their technologies are already in the pipeline.
The companies are exploring the idea of using the MetaBlox app as CALDANCE’s login interface. CALDANCE players could be rewarded with $MBLX tokens, while MetaBlox users could earn additional crypto from CALDANCE players for providing them with WiFi services.
From a business perspective, CALDANCE should be able to tap into the MetaBlox user base, which itself could convert into CALDANCE players. MetaBlox’s reach also gives CALDANCE the opportunity to quickly penetrate an existing global community of Web3 users. Additionally, MetaBlox’s DID-powered Web3 Open-Roaming gateway could enhance players’ confidence in CALDANCE when it comes to security and privacy.
CALDANCE also has experience manufacturing miner hardware. Since it is deploying miners to build its Open-Roaming hotspot network, MetaBlox would definitely benefit from partnering with a miner manufacturer.
Finally, through the partnership, MetaBlox aims to attract the attention of other X2Earn projects in order to secure other lucrative collaborations with Web3 companies.
The MetaBlox and CALDANCE partnership reflects how tech companies could become big players in the fitness industry. Through either companies’ combined resources and expertise, the X2Earn project could revolutionize the way people stay fit.
Although the collaboration is in its infancy, with most of the plans still in the exploratory phase, the integration of GameFi and X2Earn is expected to bring great potential for mass adoption.
With a solid founding team of industry experts, the project is set to go full throttle with its plans in the coming years.
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