A brand crypto new start-up called Fight Out is here to transform the web3 fitness space with an innovative, novel take on the concept of move-to-earn (M2E). Where platforms such as STEPN and Sweatcoin have already achieved some success by rewarding users for running, jogging and walking, Fight Out plans on taking things to the next level by becoming the first platform to allow users to earn from all types of exercise, including workouts in the gym.
Fight Out is building a vibrant, unique metaverse, within which users can use their soul-bound non-fungible token (NFT) avatars to interact, socialize and compete via a range of real-world fitness challenges. Unsurprisingly, Fight Out has been generating a lot of hype, with gym-goers excited at finally having the opportunity to earn from their workouts whilst also becoming members of a web3 community.
Take Part in the FGHT Presale Now
Fight Out is currently conducting a presale of the FGHT token that will power its ecosystem and just hit a massive milestone. Fight Out, which will later this year release a crypto-powered fitness app that is already being billed as a must-have workout companion, has now raised a whopping more than $4.15 million via the sale of its FGHT token.
Its presale is being touted by industry experts as one of the hottest of 2023. Indeed, analysts at Business 2 Community rank it as the second-best presale of the year. According to Fight Out’s website, FGHT tokens were last selling for 0.02208 USDT each, though that price is incrementally increasing every 12 hours until it eventually reaches a maximum price of 0.0333 USDT on the 15th of March.
The presale is then scheduled to end on the 31st of March. However, the presale could well end before then if sales continue at the current rate – Fight Out has set a $15 million hard cap to the presale. Some crypto analysts and observers have said that FGHT could go a lot higher when FGHT lists across cryptocurrency exchanges in April.
According to popular presale analyst Jacob Crypto Bury commenting in a recent video, Fight Out could possibly see 5x gains.
Potential buyers should note that Fight Out is offering a very generous bonus scheme for early buyers. Presale token buyers can get up to 25% in additional FGHT tokens depending on how large their initial purchase is. They can then get up to another 25% in additional FGHT tokens depending on how long they choose to vest the tokens for. Investors should also note that Fight Out is running a $250,000 giveaway.
How Fight Out Works
At the center of Fight Out’s digital ecosystem will be its smartphone application which, according to Fight Out’s whitepaper, is scheduled for launch in Q2 2023. The Fight Out app will harness smartphone and wearable technology to measure and track physical performance.
The Fight Out app and ecosystem will run on a tokenized economy, where users can earn rewards for completing M2E tasks and mint their own soul-bound token avatar, through which the user will be able to interact with the Fight Out metaverse.
FGHT, an Ethereum-based ERC-20 token, is the cryptocurrency that will power the platform’s web3 ecosystem. Users will pay to enter competitions and leagues with FGHT and winnings will be paid out in FGHT. The FGHT token can also be used in peer-to-peer fitness wagers.
Fight Out will be a subscription-based service and users paying with FGHT will get a 25% discount. Meanwhile, when users purchase REPS, the Fight Out app’s off-chain in-app currency, they will receive an additional 25%. Fight Out’s REPS token will be used to purchase goods and services available within the Fight Out application, such as fitness consultations with personal trainers and coaches, or for digital merchandise for their avatar.
Fight Out also seeks to combine the physical and web3 worlds. The project aims to eventually acquire gyms across all of the world’s major cities, whilst simultaneously promoting an integrated web3 fitness experience.
Fight Out takes a more holistic approach to tracking and rewarding its users for their exercise and activity than existing competitors like Sweatcoin and STEPN, and doesn’t require any expensive buy-ins to take part. Fight Out will be able to measure all forms of fitness activity through the use of smartphones and wearable tech, as well as in-gym sensors.
The web3 fitness platform’s ambassador program is another key unique selling point. The project plans to sign up pro combat athletes, as well as professionals from other sports, to promote the platform and interact with users via the Fight Out metaverse, including via the provision of fitness programs and masterclasses. Fight Out has already secured a partnership with British world champion and boxing star Savannah Marshall.
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