Metaverse isn’t just for Facebook and Microsoft. From gaming fitness classes to virtual telemedicine and group therapy, digital health companies are beginning to see early funding for the Metaverse concept that brings immersive AR and VR to the health and fitness realm. Just this week, Indian health startup Goquii received $ 10 million to instill an ambition to develop a “Metaverse ecosystem” that allows users to earn NFTs in a gamed health space.
Hong Kong-based gaming software and venture capital firm Animoca contributed to the funding round, adding to Goqii’s $ 50 million received in February in a Series C funding round led by Sumero Ventures.
Founded by Vishal Gondal in 2014, Goquii has been thoroughly tested, including one-on-one coaching services and integrated insurance, as well as fitness trackers for kids and adults, apps, and an online health shop offering thousands of products. We provide many services. Anyway, for the time being, we plan on everything in the Indian-only ecosystem. Headquartered in Silicon Valley, the company A big bet on connected health With the launch of blood glucose meters, fertility trackers, smart jump ropes, smart treadmills and smart scales, they are all connected to the Goquii ecosystem.
In this week’s funding round, the company says it will partner with Animoca for development. “Various products that utilize blockchain tokens and gamification in preventive medicine.” Users can then use the tokens to purchase products and services, attend special events, and purchase NFTs. It can be converted to cryptocurrencies outside the Goquii ecosystem. The idea extends to Goquii Cash, which the company launched in 2018, and tokens can be used at the Goquii Health Store, an online marketplace with over 200 brands and thousands of health and fitness products.
Gondal describes the company’s Go Big or Go Home approach. Economic Times:
We partner with people of all kinds. We partner with gyms, health care and health food providers, diagnostic providers, hospitals, insurance companies, celebrities and more. GOQII Metaverse will be like a country of healthy people. We have given people incentives for preventive medicine. This is a very natural advancement in our business …
According to Gondal, Metaverse will be released globally within 12 to 24 months.
Other companies developing the Healthcare Metaverse include Meta Health in Singapore, NexStem, a robotics startup, and Emirates Health Services in Dubai. It aims to develop a virtual world for healthcare visits to clinics and hospitals via mobile devices.
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