Fight Out Move-to-Earn Crypto Project Set to Disrupt the Health and Fitness Industry – This is How it Works
Exciting new move-to-earn project Fight Out has started its FGHT token price increase after completing stage 1 on Monday.
With more than $3.3 million raised, the price of FGHT tokens will increase every 12 hours up to a max of $0.0333 on March 31, 2023.
At the time of writing FGHT costs $0.01690 per token, meaning those who buy now will have secured a token that will have increased 97% before it has been listed on exchanges.
Furthermore, presale investors can also take advantage of up to 50% in bonus tokens - which can be earned depending on the size of the purchase and the length of time chosen to lock tokens.
How Does Fight Out Work?
There is such excitement around Fight Out because it is set to revolutionize the move-to-earn space which, despite its high potential, has been marred by limited technology and flawed earning mechanics.
The Fight Out fitness app, on the other hand, will use smart technology to build a full digital fitness profile that then tailors individual workout regimes and allows users to earn rewards for completing workouts at home or in the gym.
The app measures movement, effort, sleep and nutrition to build the profile and then provides regimes that don't just focus on strength and conditioning but also wellness and mental health.
The digital fitness profile is represented by a fully customizable digital avatar and allows users not only to earn REPS - the off-chain, in-app currency - for working out but by pitting themselves against other users in daily, weekly and monthly challenges.
REPS can be used to get discounts on gym membership and app subscriptions, purchase training equipment and apparel or book personal training sessions.
As well as the fitness app, Fight Out will also build Web3-integrated gyms in key cities around the world and is already scouting the location of its first venue, with a launch penciled in for late 2023.
The team has also announced they have signed on four world-class athletes to act as ambassadors, helping to market the project and also provide exclusive content such as masterclass training sessions.
UFC pair Taila Santos and Amanda Ribas, British boxing queen Savannah Marshall and American Ninja Warrior Tremayne Dortch are all involved.
FGHT Token Presale Info
FGHT tokens will steadily increase in price until a max of $0.0333 on March 31, 2023 ahead of its initial exchange offering on April 5.
That's an increase of 97% from the price at the time of writing.
Listings have already been secured on LBank - which has more than $1 billion of daily trading - and BitForex ($900 million-plus) with more expected to be announced in the coming weeks.
To secure up to 50% in bonus tokens, buyers must spend at least $500 in the presale and then lock their tokens for six months or longer.
The bonuses are awarded on a sliding scale - for example an investment over $500 with a six-month lock will receive another 20% total tokens (10% for each).
To receive the maximum 50% extra, buyers must purchase more than $50,000 of FGHT and then lock for the max 24 months - that would secure 4.5 million tokens, compared to just 1.5 million for the same amount at the end of the presale.
As well as the bonus scheme there are also four membership tiers - contender, champion, world champion, undisputed champion - which entitles investors to further rewards such as free app subscription, REPS bonuses and signed merchandise.
To invest in Fight Out, interested parties should read our full guide on how to buy FGHT tokens during the presale.
The Fight Out team is doxxed and has been KYC-verified by CoinSniper, while the FGHT token smart contract has been fully audited by Certik.
The project has a max supply of 10 billion tokens with 30% of those allocated to the presale, 15% for the bonus scheme and another 5% for exchange liquidity. The remaining 50% - plus any unsold tokens - will be vested and unlocked over the next five years and will be used for the continued development of the project.
The project is also running a $250,000 FGHT token giveaway, with entries stacked for completing tasks on social media.
Buy FGHT Now
Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com.