HomeCryptoNew Crypto Fight Out Earnings Move Enlists UFC Stars and Raises Nearly $3 Million Web3 Push to Revolutionize Gyms and Fitness
New Crypto Fight Out Earnings Move Enlists UFC Stars and Raises Nearly $3 Million Web3 Push to Revolutionize Gyms and Fitness
January 13, 2023
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Fight Out is making great strides in its mission to completely revolutionize the health and fitness industries, and its native token is nearing a milestone of $3 million in raised capital.
A new way to keep fit
Fight Out is a new move-to-earn (M2E) blockchain-based platform that is gaining traction among fitness enthusiasts with the goal of building real gyms with Web3-related features. The platform, which launched in 2022, works on a simple premise: people will be more willing to get fit if they have a reason to.
With that in mind, this earning movement platform is now offering people a financial incentive to stay fit. Fight Out will provide users with all the tools and content they need and reward them for maintaining their fitness.
When users sign up for Fight Out, the platform allows them to specify their own fitness goals and objectives. They can also choose which parts of their body they would like to work on. From there, the platform designs exercise regimens and even offers access to content users may find useful as they exercise.
Using smart technology, Fight Out offers users an easy way to track their growth and progress. It tracks all important vitals to ensure users are following their regimens. And as users progress, Fight Out rewards them with tokens.
In addition to the main vitals, Fight Out allows users to monitor many other critical metrics, including sleep, dietary intake, etc. This way, users can be assured of a holistic approach to fitness and health.
In the Fight Out ecosystem, users earn REPS by completing workouts and improving their fitness. This in-app currency is given to them when they reach their fitness goals and can be used to pay for subscriptions and content. With REPS, players can purchase various items in the store, consult trainers, and subscribe to the platform’s subscription service.
In addition to REPS, Fight Out also rewards users with badges. These badges offer various benefits, including service discounts and other in-app benefits. As the Fight Out ecosystem grows, there will be more badge and REPS features down the line.
Taking fitness to the metaverse
Fight Out has also been quick to adopt innovative concepts in its approach to fitness. Part of this is the platform’s use of the metaverse, which should help more users better interact with each other.
Players can create non-fungible token (NFT) avatars in the Fight Out metaverse. These avatars will be generated using user metrics, so they get stronger as users get fitter.
As part of the Fight Out metaverse, users can communicate and interact with each other. The platform will also allow them to participate in tournaments, competitions and leagues. And it will include gyms and shops where users can purchase cosmetics and other in-app items.
The FGHT token
To power all of its activities, Fight Out has launched a native asset, FGHT. This ERC-20 token will primarily serve as a medium for transactions within the Fight Out ecosystem.
Users can use FGHT to process transactions and participate in tournaments and leagues. Users can also exchange FGHT for REPS to complete in-app purchases. Since the asset is a proof-of-stake coin, FGHT can be staged to earn different discounts and rewards for signing up.
The FGHT token is available for presale. The digital asset has already had an impressive run, with over $2.89 million raised in less than two months.
At the moment, investors can buy FGHT for just $0.0166. However, the pre-sale takes place in stages, with the price increasing with each stage.