Move-to-Earn Crypto FightOut Blasts Passes $2.4 Million Raised in Presale – Time to Invest
Over the course of 2022, there have been a range of problems for projects across the crypto space, with prices having falling significantly from their all-time highs at the end of 2021.
Nevertheless, certain areas of the industry have continued to excel, and the "move to earn" sector has exploded in popularity.
The nexus of breakthroughs in AI and blockchain have meant that the fitness space has found huge room to grow, and the potential for rewarding people for leading a healthier life has neber been clearer.
Earn rewards for exercising
The advent of blockchain technology provided all sorts of opportunities for incentivisation, and this has been clearly demonstrated in the play to earn space.
FightOut is a project that is competing with the likes of Stepn in the "move to earn" space, which rewards users of the platform for moving their token.
The FightOut platform operates in much the same way as a personal trainer may, except that one is actively rewarded for the time that they spend exercising with the FGHT token.
All exercises are recorded and can be used to improve the statistics of one's metaverse avatar.
The ability to be able to earn FGHT tokens means that people have an extra incentive to stay healthy and to focus on fitness - all the while making use of blockchain incentives.
FightOut has signed several important brand ambassadors
The team at FightOut have been working hard over the course of the last few months, and in order to bring exposure to the project they have already managed to sign an array of key brand ambassadors.
Martial artists such as the boxer Savannah Marshall and the MMA fighter Amanda Ribas have both been onboarded by the team, and are to represent the FightOut brand moving forward.
Win $250k in FGHT tokens
To kick off the rewards, the team at FightOut have announced that they are to be doing a giveaway worth $250k.
In order to be eligible for the prize draw, one must participate first in the FGHT presale.
FightOut has now raised $2.4m in its presale - participate now
Despite much of the liquidity in the crypto space have dried up, FightOut is a project that has continued to excel and attract the attention of investors.
There are extra incentives for those who wish to make more of a material commitment to the FGHT presale: investors who contribute more than $500 are to receive a 10% bonus on their tokens, and those who contribute more than $50,000 to receive an additional 25%.