Fitness Meets Finance With This New Move-to-Earn Crypto Platform – Invest in the Future Now
The fitness industry is one of the fastest growing spaces following the outbreak of the respiratory COVID-19 disease.
According to a Mordor Intelligence report, the health and fitness industry is expected to grow 11.86% in compound annual growth rate (CAGR) from its $70 billion market valuation by 2028. This shows strong potential in the healthcare landscape.
Despite improving their health, practitioners have largely neglected their financial goals. This is the dual-clutch system, which Fight Out, a new crypto startup, is attempting to balance.
Fight Out is set to revolutionize the fitness and health industry entirely with its fresh take on workouts and ability to incentivize people to be healthier.
As the asset's presale continues to draw significant investors' interest, this is a good time to join in.
Rewards for Fitness
Fight Out is a move-to-earn (M2E) platform that offers incentives to anyone looking to work out and improve their health.
The project, unveiled in 2022, uses the power of blockchain technology to keep users accountable and allow them to earn as they work out.
The Fight Out ecosystem revolves around its native application, which is built on the blockchain. With this app, users can log in, set their fitness objectives and work on specific parts of their bodies.
The app goes further by providing workout recommendations and giving them access to workout routines and content that can help them.
Fight Out's innovation stems from the app's ability to track significant fitness metrics. It connects to a user's mobile phone and measures their fitness metrics as they exercise to track their progress.
Interestingly, Fight Out monitors additional metrics such as sleep and dietary intake. This ensures a holistic approach to fitness, with users achieving all-round wellness.
Of course, this isn't the only innovation the Fight Out ecosystem has to offer. The platform's developers plan to open several physical gyms in different parts of the world later this year.
These gyms will have the latest and best fitness equipment and be open to all members.
The developers have also shared plans for a metaverse iteration. Here, users will be able to display non-fungible tokens (NFTs) as well as digital avatars that show their stats and progress levels.
With these avatars, they can engage in sporting activities, games, and other fun initiatives.
It is worth noting that the NFTs will also serve as access cards to Fight Out's physical gyms when they launch. Users can display their NFTs on the premises with specialized screens across the gyms.
It is unclear whether the gyms will be open to non-users who do not have NFTs, but Fight Out is at least offering a way for NFT holders to get more value.
The FGHT Token
Fight Out operates using a multi-token system. REPS tokens are awarded when users reach milestones and meet their fitness goals.
The FGHT token, on the other hand, is the real prize. The token can be used to redeem REPS and to pay for Fight Out services.
The digital asset can be accumulated, traded, or spent in-app to purchase services and goods. FGHT enables seamless payments for everything from fitness equipment to NFT goods via the Fight Out marketplace.
Holders also enjoy access to exclusive training content and discounts on payments for services and sessions.
The FGHT token is shaping up to be the biggest thing in the fitness and health space and is now available for investors on presale.
The token has thus far raised over $5 million in its presale, and with investor demand continuing to heat up, this is a good time to buy in.
Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com.