Rise of “Wellness Metaverse” – What to expect?
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.