Innovative and Disruptive: This New Crypto is Changing the Face of the Fitness Industry – Here’s How it Works
The Fight Out presale continues to move rapidly as it heads towards its close at the end of March.
Earlier this week the project moved past $4 million in investment with purchases continuing to fly in.
Buyers are moving quickly with the price of FGHT tokens increasing every 12 hours to a max of $0.0333 on March 31, 2023.
Fight Out will then host its IEO on April 5, 2023, with BKEX, BitForex, Changelly Pro, Uniswap and LBank already confirming listings.
Innovative and Disruptive
Fight Out’s innovative app is set to massively disrupt the fitness and move-to-earn industries, offering revolutionary ways to earn rewards while working out.
The M2E space is currently worth a combined $500 million and is dominated by STEPN, which has a market cap worth more than $300 million.
However, Fight Out has several notable advantages over that project.
At its peak in April 2022, STEPN had a market cap of more than $2 billion, but complaints from the community over expensive NFTs and flawed rewards mechanics have seen its value drop by 85% in the last 12 months.
While STEPN only rewards users by counting their steps, Fight Out uses smart technology to track movement, effort, sleep and nutrition and reward users for completing different exercises and full workouts.
The Fight Out app creates a customizable digital fitness avatar that is upgraded for completing workouts and also provides users with personalized training regimes – making it suitable for novices or world-class athletes.
No NFTs need to be purchased with the app working on a more traditional subscription model.
When completing workouts – at home or in a gym – Fight Out users earn REPS, a second, off-chain token that can be used to get discounts on app subscriptions, book personal training sessions or purchase apparel, supplements and training equipment.
Users can earn additional REPS by taking part in daily, weekly, and monthly challenges against other users, while the app will include access to elite coaching and high-quality instructional videos to aid users.
Up to 50% Extra FGHT
Presale investors have the chance to earn up to 50% extra FGHT in bonus tokens during the presale, depending on how much they purchase and how long they choose to vest for.
To be eligible for the full amount, investors must spend $50k and lock their tokens for 24 months.
Just 9.5% of the 10 billion max supply has been allocated to the presale, with another 4.5% to its bonus scheme and 10% for exchange liquidity.
The remaining allocation of FGHT – which can also be staked to generate a passive income – will be unlocked over five years and used for the continued growth of the project.
Fight Out presale investors can also get additional perks through the membership scheme, while there is an ongoing $250,000 FGHT token giveaway.
Fight Out’s developing team are all doxxed and have been KYC-verified by CoinSniper, while SolidProof has audited the token smart contract.
As mentioned above, the FGHT token presale is set to close on March 31, 2023, with the initial exchange offering slated to take place on April 5, 2023.
Multiple CEX listings have already been confirmed.
For the latest Fight Out news, join the Telegram group.
Interested investors should read our guide on how to buy FGHT tokens.
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