Fight Out Crypto Fitness App and Gym Chain Blasts Past $3m – 4 Days to Catch This Low Presale Price
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Cutting edge fitness application and gym chain Fight Out has now raised a massive $3 million in the presale of its FGHT crypto token that will power its web3 ecosystem. Investors now have just 4 days to secure presale tokens at their minimum price of 0.0166 USDT.
Huge milestone #FightOutCrew! 👊— Fight Out (@FightOut_) January 18, 2023
We have just raised over $3M in our stage 1 presale! 🔥
⏰ Only 5 days left until the stage 2 price starts increasing! ⏰
Don’t miss out – Get up to a 50% bonus with $FGHT! https://t.co/uoCKFB3X3n pic.twitter.com/b44ZDKaHXt
Once four days is up, the presale will enter its second stage, where the price of each FGHT token will gradually rise towards 0.0333 until the 31st of March, when the presale is scheduled to end. Potential investors should be aware, however, that the presale could end sooner than the 31st of March.
Amazing news #FightOutCrew!— Fight Out (@FightOut_) January 17, 2023
We’ve made the decision to set a $15m hardcap on the Fight Out presale after seeing better-than-expected development progress! 💪
Only 6 days left until stage 1 presale ends! ⏰
Buy $FGHT now before the price increases! 👊⬇️https://t.co/z34Nkx3N4Q
Fight Out has set a $15 million presale hard cap, meaning once this ceiling is reached, token sales will end. Investors who miss the presale would then have to wait until April when FGHT will list across major centralized cryptocurrency exchanges (CEXs), including LBank Exchange and BitForex.
FGHT is set to list on exchanges for $0.0333, meaning that investors who secure tokens now will be sat on a paper gain of 100% once the token is listed. And gains could be even larger than 100%.
Fight Out is running a generous presale bonus promotion. Larger investors who also choose to vest their tokens for a longer time period can get bonus FGHT tokens of up to 50% of their initial purchase amount.
Investors should note that FightOut is conducting a $250,000 giveaway that is only eligible to FGHT holders, another reason why they might want to bag FGHT.https://www.twitter.com/FightOut_/status/1614970869234761728
What is Fight Out?
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.
Fight Out’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.
FGHT – How the Token Powers Fight Out’s Web3 Ecosystem
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 FightOut’s potential growth prospects are huge. FightOut was recently ranked as Cryptonews.com’s top move-to-earn crypto project of 2023.
FightOut offers users various on-ramps to purchase its FGHT token, including via credit/debit card, with ETH, or with USDT.