With a total of more than $2.6 million raised so far, the FightOut (FGHT) presale has shown that there is sizable market interest in the Ethereum-based move-to-earn Web3 platform. It will begin in the second quarter of this year and pay users in cryptocurrency for exercising and living a healthy lifestyle.
FightOut’s complete variety of features promises to make it a hit with health-and-fitness fans and cryptocurrency owners when it releases later in the year, with the move-to-earn sub-sector having a relatively strong 2022 despite a bear market. Additionally, after its presale expires in the upcoming months, its listing on exchanges should enable early investors to earn returns that are above average.
Fight Out – The Future of Fitness is Here as New Project Raises $2.6 Million – Workout and Earn Crypto
The FightOut presale, which started in the middle of December, has advanced through the stages swiftly, raising $2,612,000 in less than a month. Given that it aims to further the move-to-earn concept by fusing real-world activities with Web 2.0 and Web 3.0, it is easy to understand why it has generated so much attention.
Like STEPN, FightOut will reward users for engaging in a far wider variety of activities and exercises as opposed to only awarding steps taken. As a result, when it debuts in Q2, it will provide live and on-demand fitness sessions, with accessible routines expected to include weight training, mobility, yoga, meditation, boxing, and many more.
It’s interesting that these exercises may be taken in-app or in nearby FightOut gyms. FightOut plans to develop up to 20 of its own gyms worldwide while also partnering with a number of pre-existing facilities. The app will also have a significant social component, allowing users to exchange news, follow one another, and make status updates in addition to posting their most recent exercises and results.
In fact, FightOut plans to build health bars, creative studios, and co-working spaces, so the social and community-led component doesn’t end there. In addition to fostering a strong feeling of community and inclusion among its users, this feature when combined with others will also provide users more incentive to stick with their varied routines and adopt a healthy lifestyle.
Rewards from FightOut will be given out in the form of REP, its second native token. It may also be used to pay for FightOut’s membership costs, giving both of these tokens a compelling use case. The latter can be used to purchase in-game products and remote training sessions with trainers.
Apart from the significant social component, what makes FightOut intriguing is that it will provide highly customized and advantageous exercise plans, including classes that emphasize technique. The first of these will be its boxing school, which will include an in-app video series with top-tier coaches who will instruct users on the sport’s foundations before they move on to take exams at the conclusion of their programs.
