This New Move-to-Earn Crypto Pays You to Workout – How Does it Work?
Upcoming move-to-earn project Fight Out has now raised nearly $3.5 million with the revolutionary fitness app to reward users for completing workouts.
The crypto project, which is racing through a highly successful presale, also has plans to build real-world in key cities around the world.
FGHT tokens are currently on sale for $0.01739 but increase in price every 12 hours, with early investors also able to earn up to 50% extra in bonuses.
We’ve dubbed Fight Out one of the best new cryptos to buy as it plans to transform the M2E and fitness markets.
How Does Fight Out Work?
Fight Out isn’t the first move-to-earn project but it is certainly the most complete.
While other projects, such as STEPN, have focused only on steps, Fight Out will use smart technology that tracks movement, effort, sleep and nutrition to build a full digital fitness profile on its app.
Users then get individual workout regimes – focusing on wellness and mental health as well as strength and conditioning – and earn REPS for completing workouts at home or in the gym.
REPS, a second off-chain token, also be earned by taking part in regular challenges against other users and can be used to get discounts on app subscriptions and gym memberships, book personal training sessions or purchase training equipment.
The project will also open real-world gyms that are packed with Web3 features and are currently scouting the first location – with plans to hold a grand opening in late 2023.
Fight Out has also signed on UFC pair Taila Santos and Amnda Ribas, fomer world boxing champion Savannah Marshall and American Ninja Warrior Tremayne Dortch to join the project as ambassadors.
Fight Out Presale Info
Despite being more than two months away from its IEO, the project has already secured three major partnerships with exchanges to offer FGHT tokens.
The latest is Hong Kong-based exchange BKEX, which has more than $1 billion of daily trading, which was announced today with the listing set for April 5, 2023.
Exciting news, #FightOutCrew!— Fight Out (@FightOut_) January 26, 2023
We’ve just secured our third #CEX listing! 🔒$FGHT will go live on @BKEXGlobal on the 5th of April at 9AM UTC!
What are you waiting for? Join the presale now! 👊⚡️https://t.co/umbslFg6aE pic.twitter.com/wCl52VNPQ3
It follows previously confirmed listings on LBank ($1.2 billion 24hr trading) and BitForex ($1.4 bn).
FGHT tokens are on sale for $0.01739 at press time but increase every 12 hours to a maximum of $0.0333 on March 31, 2023.
The Fight Out presale also allows buyers to earn up 50% extra FGHT in bonus tokens, based on the purchase amount and the length of the locking period.
To earn the maximum 50% bonus, investors must make a purchase over $50k and lock tokens for the full 24 months.
Fight Out also offers four membership tiers – contender, champion, world champion, undisputed champion – with incentives such as free app subscriptions, REPS bonuses and signed merchandise.
- Read through our full guide on how to buy FGHT tokens during the presale.
- Fight Out is also running a $250,000 FGHT token giveaway.
The Fight Out team is doxxed and have been KYC-verified by CoinSniper, while Certik audited the FGHT token smart contract.
From the max 10 billion supply, 30% has been set aside for the presale, 15% for the bonus scheme and another 5% for exchange liquidity.
The remaining 50% of tokens will be vested and unlocked over five years and will be used for the continued development of the project
Buy FGHT Now
Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com.