Universal Health Token (UHT) Is on Track to Reach $1 Million in Annual Gross Merchandise Value (GMV)

Animoca Brands-backed Universal Health Token (UHT), the blockchain-based rewards token that incentivizes healthy habits, is on track to reach $1 million in annual gross merchandise value (GMV)

Animoca Brands-backed Universal Health Token (UHT), the blockchain-based rewards token that encourages healthy habits, is set to achieve $1 million in annual gross merchandise value (GMV) through integrations with partners KGeN, a leading gaming DAO, and GOQii, India's number-one preventative healthcare app. Following the successful sell-out of its 'PILLARS OF HEALTH' NFT collection, which saw 1,500 NFTs purchased within seconds, more than 400,000 unique users are now collecting UHT rewards, with a total of 18,086,310 UHT rewards distributed, averaging 45 UHT rewards per user.

In October alone, UHT achieved significant sales on its e-commerce platform through products purchased with UHT rewards, including NFTs and discounted healthcare products and services. This performance places its annualized GMV sales above $100,000, putting it on track to exceed $1 million in annualized GMV by Q1 2025. This positions UHT among the top-performing web3 e-commerce platforms.

The excitement surrounding UHT underscores a broader renewed interest in health and fitness, with the global wellness industry set to expand at a CAGR of 11% from $4.7 trillion in 2021 to $12.9 trillion by 2031. Against a backdrop of rising chronic diseases and increased obesity, with studies estimating more than 1 billion people worldwide live with the condition, UHT seeks to encourage and incentivize long-term sustainable healthy behavior that benefits individuals and society as a whole.

UHT is supported by the community-backed Force of Good Foundation (FoG) and backed by Animoca Brands, global leaders in digital entertainment, blockchain, and gamification. Partners include IndiGG, experts in gamification and community building, and GOQii, India's leading smart preventative healthcare app, with nine years of experience combining one-on-one personal coaching with fitness tracking technology to help users achieve a healthier lifestyle.

Earlier this year, UHT announced that it had raised $1.2 million in a pre-seed investment round with participation from Animoca Brands, Polygon Ventures, and KGeN, highlighting support for an initiative that guides individuals toward a healthier lifestyle and rewards them for their efforts.

Agastya Samat, Director of the Force of Good Foundation (FoG), commented: "We are thrilled to see so much excitement and traction for UHT as more and more people become aware of the need to rethink their fitness habits and lifestyle choices. Not only does UHT incentivize people toward making healthier decisions but it rewards them for their choices and lets them have fun while staying fit through gamification techniques and tangible benefits. We see UHT among the top-performing web3 e-commerce platforms in the coming months."

Vishal Gondal, CEO of GOQii, said, "It's very gratifying to see the support for our vision of UHT helping combat the global pandemic of chronic diseases and obesity. More than 400,000 unique users in a few short weeks gives an indication of how large the market can be and we can't wait to take UHT to a billion users and beyond."

About Universal Health Token

The Universal Health Token (UHT) mission is to empower people to prioritise their well-being and make preventive healthcare a rewarding part of life. The company envisions a world where individuals are incentivized to lead healthy lifestyles, thereby reducing the burden of chronic diseases. The introduction of the Universal Health Token aims to provide people with the tools and motivation to take control of their health and make it a top priority. By rewarding healthy behaviours, UHT strives to create a paradigm shift toward proactive healthcare on a global scale.

About GOQii

Founded in 2014 by entrepreneur Vishal Gondal, GOQii is empowering consumers globally to lead healthier and better lives. GOQii's smart-tech-enabled healthcare platform brings together the entire preventive healthcare ecosystem. Its Smart Health Ecosystem integrates tools for real-time personalised coaching, scheduling health check-ups, a health locker, and a unique 'GOQii Cash' program where healthy behaviour is rewarded with discounts.

As one of the official partners of the 'Fit India Movement,' GOQii is a strong supporter of Prime Minister Mr. Narendra Modi's vision of making 130 crore Indians fit and healthy. GOQii counts marquee investors like Animoca Brands, Mitsui, Megadelta, DSG Consumer Partners, Galaxy Digital, Denlow Investment Trust, Edelweiss, Cheetah Mobile, GWC, Mr. Ratan Tata, and Mr. Vijay Shekhar Sharma. Modality, one of the leading GP chains in the UK, is also an investor in GOQii and a JV partner.

About Force of Good Foundation