Looking for the Next Big Thing in Crypto? This New Move-to-Earn Project Might Be It - Here’s Why
The crypto market is known for launching new projects on a regular basis. However, none has generated more excitement than the new lifestyle platform Fight Out, which seeks to revolutionize the health and fitness industry.
Fight Out’s Explosive Presale Stage
Fight Out, which debuted last year, is still finding its feet in the crypto market. However, its presale stage seems to point to a positive reception awaiting its native token, FGHT, when it eventually makes its long-awaited debut.
So far, the Fight Out team has raised over $5.41 million, pointing to growing investor interest in the health and fitness platform.
The platform's resounding success is not lost on investors, and the reason for its success is largely due to its strong fundamentals.
To start with, Fight Out is a move-to-earn (M2E) and play-to-earn (P2E) lifestyle app that helps users meet their fitness goals.
The platform essentially curates a series of content and master classes coupled with combat lessons with top professional athletes to help users meet their fitness goals.
What has driven interest is its combat-driven access. The blockchain network will enable users to complete workouts and challenges and compete with other gym enthusiasts. They will also be rewarded with network tokens with real-world utility in exchange for completing tasks.
However, this isn't what has many people on the edge of their seats, but rather the metaverse infusion that Fight Out incorporates.
Health and Fitness Will Boom in the Metaverse
Living a healthy lifestyle is something many people aspire to, and that is why the health and fitness industry is worth billions of dollars.
The current space offers users courses, dieting modules, and exercise regimens. While their bodies are in top physical shape, their finances are significantly drained due to the huge cost it requires to maintain a healthy lifestyle truly.
However, the metaverse is set to change the narrative rapidly. According to a recent report by Statista’s Advertising & Media Markets Insights, the metaverse will be worth north of $500 billion by 2030.
As the virtual reality landscape expands, one of the highlighted industries set to benefit is health and fitness, which is expected to gross well over $400 billion.
Given the enormous potential in play, Fight Out will be a popular name because it is the only pure-blood lifestyle project operational in the burgeoning space.
Also, Meta’s growing interest in a UFC-themed Metaverse further puts Fight Out in the limelight due to its combat capability.
Fight Out continues to draw massive support due to its integration of the ‘soulbound NFT avatar’ concept, which makes it operate as a digital twin.
A digital twin is basically a virtual replica of a physical entity. It is individualized, customized, and dynamically unique as it only tends to a particular physical object and is able to change relative to what happens to its tangible counterpart.
With Fight Out’s soulbound non-fungible token avatar, users will be able to increase their virtual shape the more they work out. In essence, if they complete a challenge or exercise regiment, the NFT avatar will reflect these changes in real time.
To further boost user engagement, users will be able to earn in-game currency called REPS. With these tokens, users can further customize their avatar and increase their virtual stats to reflect their tip-top physical shape.
So far, top professional athletes are keen on working with the Fight Out team, with Amanda Ribas and Savannah Marshall amongst the top names affiliated with the brand.
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