Crypto

Earn While You Train With This Exciting New Crypto – Here’s How it Works

02/01/2023
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A revolutionary new fitness platform has arrived to shake up the move-to-earn crypto space. Fight Out is a brand new web3 fitness application and gym chain that rewards its users for working out, completing challenges and competing within a first-of-its-kind fitness metaverse.

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 can mint their own soul-bound token avatar, through which the user will be able to interact with the Fight Out metaverse.

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.

Visit Fight Out Now

How to Get Involved

Fight Out is currently conducting a presale of its FGHT token. In just a few weeks since the launch of the presale, the project has already raised a whopping $3.688 million. FGHT is the token that will power Fight Out’s web3 ecosystem and investors need to move quickly if they want to secure their tokens before the price goes up.

FGHT is currently increasingly in price incrementally every day until it eventually reaches a maximum price of 0.0333 USDT on the 15th of March, with the presale 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.

0.0333 USDT is the price that FGHT will then list on centralized cryptocurrency exchanges (CEX) in early April. Fight Out has already secured listings with LBank Exchange and BitForex. Given the token is currently selling for 0.01862, investors could net near 100% on-paper gains if they move to secure their tokens soon.

Given Fight Out’s generous presale bonus scheme, paper gains by the time of the listing could be much larger. Indeed, investors 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.

Why Own FGHT?

FGHT is the token that powers the Fight Out metaverse 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.

The health and fitness industry was estimated to be worth around $96 billion in 2022, as per Statista. That means that Fight Out’s potential growth prospects are huge. Fight Out was recently ranked as InsideBitcoin.com’s top move-to-earn crypto project of 2023. Fight Out offers users various on-ramps to purchase its FGHT token, including via credit/debit card, with ETH, or with USDT.

How to buy FightOut

Investors should note that Fight Out is conducting a $250,000 giveaway that is only eligible to FGHT holders, another reason why they might want to bag FGHT.

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Source: https://insidebitcoins.com/news/earn-while-you-train-with-this-exciting-new-crypto-heres-how-it-works