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The Fitness and Crypto Industries Collide with This New Crypto – Here’s Why This is a Game-Changer

Tom Sheen
Last updated: | 3 min read

The crypto world is set to invade the fitness industry when new move-to-earn project Fight Out releases later this year.

The project, which has already raised $4.25 million during its presale, will allow athletes of all levels – from total novices to elite-level pros – to earn rewards simply for working out at home or in a gym.

The M2E space is already worth around $500 million but is dominated by one project, STEPN, which has a market cap of nearly $300 million.

But while STEPN only counts steps and has been criticized by users for its flawed rewards scheme and need for expensive NFTs, Fight Out tackles those issues by rewarding users for completing a range of workouts and is accessed via a more traditional app subscription.

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Fight Out to Change M2E World

The Fight Out fitness app will use smart technology to track movement, effort, sleep and nutrition and build a digital fitness avatar, as well as provide individual workout regimes to users.

The regimes cover everything from strength & conditioning to technique and mental wellness. The app also offers access to high-level coaching and quality instructional videos to help improve technique.

Users are then rewarded for completing their workouts at home or in the gym, earning REPS – an in-app, off-chain token – to upgrade their digital profiles.

REPS can be used to get discounts on Fight Out app subscriptions, book personal training sessions, or purchase training equipment, supplements and apparel.

The project also has a metaverse element, with users able to pit themselves against each other and earn additional REPS in daily, weekly and monthly competitions.

Fight Out has also partnered with four world-class athletes to act as project ambassadors, helping with marketing and providing masterclass-style training content and exclusive behind-the-scenes access.

They include UFC pair Taila Santos (No 1-ranked flyweight and No 9 pound-for-pound), Amanda Ribas (No 9 strawweight), British boxing queen Savannah Marshall – who is expected to fight for a world title this year – and American Ninja Warrior Tremayne Dortch.

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FGHT Tokens now on Sale

While REPS are used in the app, FGHT tokens are the taxless ERC-20 tokens that underpin the project.

They are currently on presale and cost $0.02257 at the time of writing and will increase in value to $0.0333 by the closing date on March 31, 2023 – a 48% increase from the current price.

FGHT will then be listed on exchanges from April 5, 2023, with listings on Uniswap, LBank, BitForex, DigiFinex, Changellu Pro, BKEX and XT.com already confirmed.

Presale investors can also earn up to 50% in extra FGHT tokens as a bonus, with rewards given based on the purchase amount and length of time tokens are vested for.

Those investing $500 will earn an extra 10% of FGHT and a further 10% will be added by choosing to lock tokens for six months instead of three – the maximum 50% bonus will be triggered with a purchase over $50,000 and a 24 month locking period.

Fight Out has been produced by a doxxed and KYC-verified team, conducted by CoinSniper, while SolidProof have audited the FGHT token smart contract.

The presale will see just 9% of the 10 billion max supply on sale, with another 4.5% allocated to the bonus scheme and 10% to exchange liquidity – the remaining supply is unlocked over five years to fund the development of the project.

Fight Out are also running a $250,000 FGHT token giveaway – join the Telegram group to keep up to date with the latest news from the project.

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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.