Rise of “Wellness Metaverse” – What to expect?
May 30 2022 - 5:19AM
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The metaverse continues to be a topic of debate in the crypto
space. Much has been written about metaverses transforming games,
fostering creator-focused economies, and restructuring education.
However, one aspect of the discussion that has always been
overlooked is metaverse’s impact on the health industry. While the
pandemic has accelerated digital wellness, areas such as cost
efficiency, accessibility, and patient care still have space for
improvement. These flaws could be solved by incorporating
technologies like AR and VR into the health industry. Metaverse
transforms the healthcare industry’s paradigm by focusing on
individuals rather than service providers, making the customer
journey more personalized. It will no longer be limited to
treatments but also prevention at affordable costs. Health 5.0 — An
Innovation Push Led by Metaverses The healthcare sector has passed
through four transformation stages, from production and
industrialization to automation and digitalization. The fifth
stage, Health 5.0, will include major technological developments
driven by the metaverse. The innovations brought by the metaverse
have impacted the healthcare industry in areas such as medical
education, virtual consultation, and personalized wellness
programs. For instance, virtual consultations in the metaverse will
allow patients to immerse themselves in scenarios recreated by
therapists. As the environment is personalized to the patient, they
will feel safe and relaxed, resulting in more effective therapy.
Moreover, medical data is secured and recorded on the blockchain,
where patients have more control over their information. For
example, the Whealth project , developed by Limoverse, involves
lifestyle plan creation based on personal genomics and metabolic
analysis. Users will be able to complete an EPLIMO (Epigenetic
Lifestyle Modification) to receive a breakdown of their
geno-metabolic condition and a personalized plan in order to
improve their lifestyle. Users will also be able to work with a
certified lifestyle coach through Limoverse in order to improve
their health and wellness at a fraction of the cost compared to
today’s traditional means and with much more convenience. Through
this process, users will also be able to earn LIMO tokens as a
reward for pursuing a healthier lifestyle. Innovative projects in
the metaverse can empower individuals to pursue different wellness
programs by incentivization through tokens or NFTs. Most projects
in the move-to-earn space are limited in how they interact with and
reward users for improving their lifestyles. Projects such as
Limoverse are creating an entire ecosystem that not only rewards
users for monitoring and improving their health but also allows
users to connect with organizations and individuals that can aid
them in their journey. This, in turn, greatly improves the use case
for a metaverse in healthcare while implementing and sustaining a
meta economy.
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