As 2023 is just around the corner, one genre of sport-based cryptocurrencies that have been attracting investor attention is Move-to-Earn or M2E cryptos. M2E cryptos enable users to earn rewards simply by participating in fitness and sports-based activities. By leveraging a similar model to Move -to-Earn cryptos, M2E cryptos reward participants for their skill and contribution. While there are many M2E cryptocurrency projects in existence, one project that has been recently making headlines is FightOut.
FightOut brings a new approach to the fitness industry and is aimed at people struggling to stay motivated. At the time of writing, FightOut has raised $2,172,682.34 in stage 1 of its presale. With so much interest and hype around this project, let’s dive into the fundamentals of FightOut.
FightOut- Revolutionizing the current health and fitness industry
Fitness has become an important concern in our modern lives and is not only about physical appearance. Traditional gyms do not always have the means to focus on the requirements and preferences of each user, which can give rise to issues ranging from lack of guidance, confusion, and lack of motivation.
This is exactly where FightOut fits in. The project aims to revolutionize the industry by providing people with alternative ways to stay healthy while earning rewards at the same time. It has already attracted the attention of many global users who see promise in this combination of fitness and cryptocurrencies.
What is the FightOut (FGHT) cryptocurrency project?
FightOut (FGHT) is the new entrant into the M2E domain. As a metaverse-centric project which leverages blockchain technology, FightOut is positioned as more than just a mere M2E app that tracks the exercise and diet patterns of users and rewards them. It is also a comprehensive Web3 experience that consists of a virtual world that motivates users to stay in shape.
FightOut allows users to exercise at their home and gym while also building a look-alike Metaverse avatar. There are not just cryptocurrency rewards but also social recognition up for grabs from the community of peers.
The avatar the user creates is able to compete in the Metaverse with statistics that depend on the effort and progress of the user’s preferred fitness program. FightOut matches the user’s real-life progress and translates it into the avatar’s abilities in the Metaverse.
FightOut provides daily exercise and health routines for users to follow, which have been carefully prepared by some of the top fitness coaches and athletes. Users can even access several classes in sports techniques such as boxing. By completing various workouts and challenges, users will receive rewards. They will also get the chance to earn different badges on the platform.
One of the biggest advantages of FightOut’s M2E model is that users aren’t required to go to the gym or any other facility to exercise. They can participate in this model simply by doing exercise routines at home. Users also do not need advanced knowledge about cryptocurrencies to use the app and start earning rewards.
Why are experts buying move to earn cryptos like FightOut?
Our modern lives have led a significant part of the population to live sedentary lifestyles which pose various health risks. Traditional gyms or exercise apps may be affordable, but they lack the expertise, professional guidance, and social interactions that are sometimes necessary.
This is exactly what move-to-earn cryptos such as FightOut are trying to solve. FightOut allows users to access live sessions via streams or inside the project’s gym facilities. The result of the user’s efforts will form the basis for social interactions with the community of peers participating in the same workout programs.
Users will also be able to share their challenge completions and other recent achievements inside the platform. By doing this, they can stimulate friendly competition in the community. The barriers to entry for this project are almost minuscule as even crypto-shy investors can easily get started.
FightOut Tokenomics
FightOut is powered by FGHT, the native token which is currently on presale. It also serves as the entry ticket to gamify the user’s fitness regime. The funds raised in the presale will be allocated to established gyms that will have in-gym sensors to send the data directly to the user’s app. The FightOut model guarantees rich rewards through targeted exercises.
FIGHT is currently on presale which forms the basis of the blockchain project. With FGHT, users will be able to purchase the in-app currency called REPS. This token serves as a bridge to users not familiar with crypto-economics.
Users can earn REPS by completing workouts and other app challenges. REPS tokens can be exchanged for Metaverse items such as cosmetics and upgrades for the avatar. The FightOut avatar itself is a unique NFT that is not sellable or transferable.
All the data collected from the user’s workouts will be converted directly into the avatar’s state points. Some of the other uses for the REPS token include,
- Purchasing sports merchandise with the project’s branding.
- Discounts for membership.
- Purchasing products from the health bar.
- Accessing co-working space.
FightOut – Future Plans
According to the roadmap provided by the FightOut team, the project is deeply based on events planned in both the real world and the crypto space. The official merch store will be launched by the end of March 2023.
FightOut is also working on an ambassador program that will include some of the best names in boxing, MMA, professional wrestling, and other sports. The launch of the gym and the Metaverse are both planned for the end of 2023.
Conclusion
FightOut sports some of the most important features that make it tangible not only in real life but also on the blockchain.
As FightOut has just started its presale, now is the right time to be one of the early investors and get the first FGHT tokens before their price increases.
No Comments Yet