Cointime

Download App
iOS & Android

vSports: Can metaverse + social + sports help crypto break through the reality barrier

Cointime Official

  For the crypto world, the lack of connection with the real world has always been a tricky issue, and the fragmentation of value systems and ideas has always kept the two worlds separate. But this situation is not a long-term solution, and if we can't connect with the real world, it is hard to think that the future of crypto will be bright.

  In this regard, the success of StepN at the beginning of the year can provide us with some ideas, even if it eventually fades away due to many reasons, but the idea of social movement it provides may help crypto and reality to achieve a real connection.

  Therefore, today we will explore a project that combines many elements of metaverse, social and fitness in one - vSports.

  vSports-Metaverse social fitness app

  vSports, a division of Impakt, a specialist in body tracking and body analysis computer vision software, has launched a virtual fitness world populated by AI trainers. Impakt's motion tracking software allows avatars to mimic human movement in the virtual world while analyzing workouts performed in real time via webcam or smartphone.

  Through computer vision combined with AI and deep neural network technology, Impakt can fully recognize 50 poses, 40 movements and 5 fitness modes, which can be easily and quickly composed by any user and coach into any set of workouts and countless fitness classes, and the SDK is available for The SDK can be exported to third parties for development and licensing.

  With the continued popularity of remote work and learning from home, Impakt's vSports world facilitates a new fitness experience that is both fun and social and can be done from the convenience of your home. Build tools and SDKs are provided for members to build a variety of worlds for other members to experience.

  Since its Beta launch in July this year, it now has 20,000+ registered users, 20,000+ communities, 7,000+ active users and 300+ DAUs worldwide.

  Headquartered in the US and founded in 2020, Impakt is a world-leading technology-based company dedicated to making fitness fun, social and accessible. Led by Silicon Valley veterans from Twitch, Netscape and Activision, Impakt partners with professional athletes and Hall of Famers to make their vision a reality.

  Fitness Mode

  vSports by Impakt is free for all members and all users need is an Android phone, iPhone or laptop with a webcam. These devices are owned by most people, so there is a large potential market for them.

  The most important feature of vSports by Impakt is that it takes motion control to a new level through motion analysis. Its uses Impakt's proprietary motion analysis computer vision to identify the human body, body position and body movement. This allows the app to coach like a real coach using a set of workout routines while providing real-time feedback to ensure workout recognition, workout counting and real-time verbal corrections. Specifically, it has two main features.

  1. Social Fitness

  As social animals, people inevitably have social needs. Therefore, working out with friends is likely to be a more accessible option for most people. This is because the majority of people working out together creates an invisible mechanism of monitoring and accountability, and this mechanism greatly increases the efficiency of the workout. At Impakt, all members can create their own groups, where they can work out together and participate in real-time fitness activities.

  And this is partly why StepN has been a big success, because it creates a realistic social relationship outside of the crypto world.

  2. Customized fitness

  It goes without saying that every individual is unique. People have different physical qualities, different lifestyles and different fitness goals. On vSports by Impakt, people can choose the exercises that are right for them and exercise the way they like. Members can create their own fitness program based on their desired fitness goals, whether it's upper body, lower body or cardio.

  Conclusion

  Exercise is a healthy way of life, and it may also lead to a healthy relationship between Web3 and the real world. The way to do this is by strengthening the real-world connection between Web3 users, something that StepN has already done.

  However, the lessons of StepN are also clear, as the slightly weak economic model and the replacement of the sports focus with the profit focus also makes arbitrage the only purpose of using StepN. There is no doubt that vSports by Impakt should take this as a lesson.

Comments

All Comments

Recommended for you

  • Anthropic's Secondary Market Valuation Reaches $1 Trillion, Surpassing OpenAI

    On April 23, Anthropic's valuation on private equity trading platforms like Forge Global has risen to around $1 trillion, surpassing OpenAI's $880 billion. It is reported that the valuation of this artificial intelligence startup has rapidly increased due to buyers competing to purchase the increasingly scarce secondary market shares of Anthropic. (Dongxin News Agency)

  • BTC Surpasses $78,000

    Market data shows that BTC has surpassed $78,000, currently priced at $78,000.81, with a 24-hour decline of 0.14%. The market is experiencing significant volatility, so please ensure proper risk management.

  • Bitmine Allegedly Acquires 100,000 ETH Worth $233.7 Million

    On April 23, according to monitoring by Lookonchain, three new addresses suspected to be associated with Tom Lee's Bitmine (0xB6a8...9c9E, 0xc2e0...2831, 0x4e5C...276c) received 100,000 ETH from BitGo, valued at $233.7 million.

  • Musk: AI Chip Shortage Expected in the Future

    On April 23, Tesla CEO Elon Musk stated during an earnings call that the company initiated the Terafab chip factory project due to an anticipated severe shortage of AI chips in the future. He remarked, "In terms of industry growth rates, logic chips, and even more so storage chips, we expect to encounter bottlenecks if we do not manufacture chips ourselves. This is the reason for the birth of Terafab." (Dongxin News Agency)

  • US Spot Bitcoin ETF Sees Net Inflow of $331.9 Million Yesterday

    On April 23, according to monitoring by Trader T, the US spot Bitcoin ETF experienced a net inflow of $331.9 million yesterday.

  • US Spot Ethereum ETF Sees Net Inflow of $96.43 Million Yesterday

    On April 23, according to monitoring by Trader T, the US spot Ethereum ETF saw a net inflow of $96.43 million yesterday.

  • U.S. State Department Urges American Citizens to Leave Iran Immediately

    On April 23, the Bureau of Consular Affairs of the U.S. State Department posted on social media that, given Iran's announcement of partial airspace reopening, American citizens in Iran should leave immediately. The post advised U.S. citizens to stay informed about the situation through local media and to consult commercial airlines for information on flights departing Iran. Additionally, U.S. citizens can also travel by land to Armenia, Azerbaijan, Turkey, and Turkmenistan, but should avoid areas along the Iran-Afghanistan, Iran-Iraq, or Iran-Pakistan borders.

  • Tesla: Increasing Investment in AI Computing Power and Advancing New Battery and Material Factories

    On April 23, Tesla's official blog announced that the company is increasing its investment in AI computing power to advance the construction of new battery and battery materials factories. This move is also aimed at further preparing for the production of the third-generation Megapack energy storage system, the Tesla autonomous electric vehicle Cybercab, and the Tesla electric truck Semi.

  • USA: Deploying the Strongest Military Force in History to the Middle East

    On April 23, local time April 22, the U.S. Central Command announced that since the U.S. military began its blockade operations in the waters related to the Strait of Hormuz on April 14, it has requested 31 vessels to turn around or return to port as part of the blockade. The U.S. Central Command also stated that the military is currently deploying the most comprehensive and powerful military force ever seen across the Middle East.

  • Iran Does Not Officially Respond to Extended Ceasefire Deadline

    On April 23, Iran has not provided any official response regarding U.S. President Trump's announcement to extend the temporary ceasefire deadline, nor about the possibility of a second round of negotiations with the U.S. Iranian public opinion widely believes that the contradictions in U.S. rhetoric and its constantly changing policies are the main reasons for Iran's inability to trust the U.S. Additionally, Israel's repeated violations of the Lebanon-Israel ceasefire agreement and the ongoing U.S. maritime blockade against Iran are key factors affecting the negotiation process. Analysts point out that the risk of renewed war and conflict remains very high, and if both sides continue to insist on their current demands and conditions, the nature of this regional crisis may evolve from a purely U.S.-Iran issue into a global problem.