Fight Out Offers Authentic Athlete Stores on Web3 Platform – Best Presale in 2023?
Sadly, a lack of clear government regulations in the crypto space means that scams remain rife. Investors need to be on guard. Earlier last month, crypto sleuth and investigative journalist Coffeezilla exposed controversial MMA heel Dillon Danis over his
promotion of fake non-fungible token projects.
Coffeezilla paid Danis $1000 to promote a fake NFT project to see whether he would conduct any due diligence and check the veracity of the project.
He failed to disclose to his followers that he was sharing a paid advertisement and even posted copy that spelt out the word SCAM.
Following the link to mint the fake NFTs actually sends users to a page with a list of all the fake NFT projects that Danis has promoted to his followers.
Investors in the crypto space need to exercise caution. Just because a celebrity with clout promotes a project doesn’t mean it has any veracity.
Hopefully very few Dannis followers or MMA fans have been duped by his prior promotions. Indeed, if MMA fans or fitness enthusiasts want to check out a legit crypto project, they should read into
Fight Out is a revolutionary new web3 fitness platform that is looking to transform the move-to-earn (
M2E) crypto niche and wider fitness industry by becoming the first platform to reward its users financially for working out.
Where existing M2E platforms like STEPN and Sweatcoin focus purely on rewarding users for steps, Fight Out will reward its users for a wide range of exercise, including workouts in the gym.
The Web3 fitness start-up hopes that, enticed by the prospect of financial reward for exercise, its platform can help users adopt a healthier lifestyle.
More than that, Fight Out users will be able to mint their own person
soul-bound avatar, that they will be able to style with NFT items such as sports clothing. Real NFTs, that is, not the fake kind being promoted by the likes of Dillon Dannis.
Using their soul-bound avatars, Fight Out users will be able to interact, socialize and compete via a range of real-world fitness challenges within a vibrant, unique and fitness-focused metaverse.
Visit Fight Out Here Get Involved in the Fight Out Presale Now
To fund the development of its revolutionary fitness platform, Fight Out is currently conducting a presale of the FGHT crypto token that will be used to power its web3 ecosystem. Amid huge hype about the project’s potential, the Fight Out presale has already raised a massive $5.25 million and is ranked by the Industry Talk team at Cryptonews.com as one of the
hottest presales of 2023. <oembed url="https://twitter.com/FightOut_/status/1632847965982261249[/embed]
According to Fight Out’s website, FGHT tokens were last selling for 0.02610 USDT each, though that price is incrementally increasing every 7 days 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 10x gains.
VIDEO Buy Fight Out Now
Investors should also note that Fight Out is running a $250,000 giveaway and is running a generous bonus scheme of as much as 50%, depending on how much FGHT investors purchase and for how long investors choose to vest their tokens for.
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 avatars.
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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Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com.