The crypto space keeps evolving daily. In that context, there is a new move-to-earn (M2E) coin called FightOut. Experts believe that the new coin is the future of health and fitness.
FGHT is the access token of the FightOut platform, which is a Web 3.0 fitness app and gym chain that integrates real-world workouts with competition in the metaverse – a unique global first of its kind.
As of December 17, 2022, the token is on sale for $0.01665002 (60.06 = 1 USDT), and there is no limitation (minimum or maximum) purchase amount.
Revolutionizing The $96 Billion Health And Fitness Sector Using A Fit Fighting Strategy
The health and fitness sector has a huge valuation estimated at $96 billion in 2022 by Statista. However, it is stuck in the past and the move-to-earn app and gym chain FightOut aims to change all that.
In an ambitious and exciting fundraiser of nearly $100 million, the FightOut app and gym chain has come up to upset one of the most valuable growth sectors on the planet.
FightOut raised more than $2 million in its 7-day private sale in December 2022 and is now quickly gaining speed in the first round of its public sale.
Fitness is linked to health and well-being. Thus, all pathways that make it easy to maintain or achieve fitness goals underpin the prospect of not just assisting us all to live longer and have more enjoyable and fulfilling lives, but also offer investors in these commercial ventures financial success as well
FightOut is now on a mission to transform the currently dominant Web 2.0 setup and overcome the various weaknesses it has discovered in the Web 3.0 Move-to-Earn platforms as currently implemented by projects like STEPN.
FightOut is backed by LBank Labs, BlockMedia Labs, Transak, and some media outlets (Cryptonews.com).
FightOut’s Interesting Selling Point – Web 2.0 Meets Web 3.0
FightOut has come with some unique selling points. That means it is probably going to become a top crypto project in short order. Move-to-Earn platforms like STEPN have done a lot of work to popularize the idea of rewarding measurable activity and fitness gals with in-app currencies.
However, FightOut takes a massive step beyond the already-existing M2E in several ways.
First, FightOut tracks more than just users’ steps – all types of fitness activity will get measured using the new technological strategies, including in-gym sensors.
Also, expensive nonfungible tokens (NFTs) are not needed to start using this platform. FightOut’s M2E is not restricted to narrow fitness goals either. With this platform, you get rewarded for adopting a holistic healthy lifestyle, not only walking down the road.
Other innovative strategies include a soulbound avatar that is distinctly linked to your in-app self – including attributes like muscular conditioning, strength, technique, cardiovascular performance, and a lot more – and cannot be traded. All the statistics acquired from your real-life workouts will help level up your avatar as you progress.
The avatar becomes a dependable mechanism for opening fitness to a space of an almost-infinite virtual world of possibilities to make all healthy physical activity highly social and motivational. Your FightOut avatar opens the door to the FightOut Metaverse.
FightOut Attracts Elite Combat Athletes To Enhance Fitness Aspirations For All
Apart from aiming to drive mass adoption of Web 3.0 technology in the health and fitness space by targeting the hundreds of millions of normal people globally involved in structured or informal exercise and fitness programs, FightOut is now focusing on the elite ‘combat athlete’ as well.
FightOut will offer different pathways for professional athletes like boxers, and other types of athletes, with a “styles make fights” approach that develops customized fitness programs for specific activities and Sports.
The intended consequence of the elite athlete inclusion will be noticed in the manner that it works as an incentivizer for non-elite gym clients. Normal app and gym users will get provided with aspirational encouragement as a by-product of the presence on the platform of the elite athletes.
This will take solid form with in-gym activities, videos, and training regimes made by combat athletes in the studios that will be a part of every gym. Notably, the gyms will become community hubs for all the embers, but with a physical presence at them not a needed or even essential part of membership.
FightOut is currently planning to roll out nearly 20 gyms for starters, beginning in the cities that have the most vibrant FightOut communities, with the platform ultimately having a hub in all global pre-eminent cities.
How The App Incentivizes FGHT Use And Token Value
At the core of the platform is the FightOut smartphone app, where phone and advanced smart watch-based technology will, at first, be harnessed to measure and track all physical performance. FightOut is a subscription service, and both of its two tokens: REPS and $FGHT, can be used to sign up, just like ordinary fiat currency.
To underpin the economics of the FGHT token, users who buy their subscription using FGHT will get a 25% discount. REPS is the off-chain in-app currency of FightOut.
All rewards are earned in REPS, and available in-app goods and other services, like remote consultations with personal trainers or FightOut’s distinct fight coaches, merchandise, and lots of digital goods including cosmetics for avatars will be paid for using REPS.
Extra REPS can be bought using FGHT, offering another avenue to underpin the value of the FGHT token.
Social, Metaverse, AI, Ambassadors, Gyms, And A Lot More
As highlighted previously, every user’s avatar represents their real-world achievements acting as a bridge to leaderboards, leagues, prizes, and tournaments, thus leveraging social activity to feedback into encouraging real physical engagements.
There will also be fights with AI-powered pro-fighters and special interesting competitions that can be organized by community members and different brands. FightOut’s first gym is expected to launch in Q4 2023, with every gym including a studio, health bar, and co-working space.
The FightOut ambassador program will also add some value by signing up pro boxers and other elite athletes to promote the brand and run different events including master-classes.
FGHT Presale Token Bonuses Popular With Investors
There are up to 10 billion FGHT tokens available for supply with 60% of this amount allocated for purchase in the presale. 10% is allocated to liquidity for exchange listings and 30% to rewards and growing the general project.
The presale is seen to have a generous rewards program meaning that investors get token bonuses of up to 25% for investments of $50,000 and 10% for modest token purchase amounts of only $500.
A vesting time is in operation for all presale token buyers of three months. Furthermore, buyers can get increased token bonuses by choosing longer vesting periods from 6 months (10% bonus) to 24 months (25%).
Due to the bonus rewards, it means that the 60% presale allocation is a base amount and might be higher than that (increasing to 90%) subject to the level of bonuses realized.
Looking at the funds raised in the presale, 70% will get spent on venue acquisition and refurbishment. The FightOut presale developers and marketing team has been KYC verified by CoinSniper.
Join the fight for a healthier future with FightOut, and enjoy an assortment of rewards and merchandise in the process!
