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COVOS Unveils Worldwide Platform for Managing Digital Economy Investments

15 March 2023
in Latest News, News
Reading Time: 3 mins read
115 1
Home News Latest News

COVOS has unveiled a new investment platform designed for managing investments in the global digital economy, particularly in Southeast Asia.

The platform, which the company claims is the first of its kind, offers a one-stop service for managing investments in digital assets, making it easy for millions of individuals to explore DeFi and Web3. 

According to a recent report, the COVOS Group’s technical team developed a unique NFT platform that combines blockchain technology with health, utilizing the fundamental distributed technology of Web 3.0.

COVOS reportedly submitted its business plans to the World Health Organization Fund in 2020 and has received support from both the World Sports Organization Fund and the World Health Organization Fund. In addition, multiple venture capital institutions are currently involved in raising over $100 million. The COVOS Group plans to utilize these funds to expand its ecological community.

COVOS’s managing director stated that the company integrated the physical and virtual worlds from the beginning of the development process. He believes that the company is forging a new path at the crossroads of gaming, health, and e-commerce.

COVOS aims to become a top player in the fast-expanding virtual world by offering distinct health-oriented consumption experiences through a combination of virtual, social, and physical games, as well as special features. The company plans to launch an exclusive NFT series soon, allowing gamers to collect NFT sneakers and exchange them with others to promote health and wealth. According to the company’s chief technical officer, they plan to expand beyond sports shoes to encompass other types of clothing this year. 

The report further indicated that COVOS is expected to hold a worldwide fitness tournament in 2023 to generate interest in game-based fitness activities.

 

If you would like to read more news articles like this, visit DeFi Planet and follow us on Twitter, LinkedIn, Facebook, Instagram and CoinMarketCap Community.

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Favour is a writer, who is interested in blockchain, DeFi, and Web3 in general. She finds machine learning and emerging technologies interesting.

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