Move-to-earn (M2E) platform FightOut has raised nearly $2.5 million in investment capital in just a week of starting its presale. Owning the associated governance token FGHT unlocks access to the Web3 fitness app and dedicated gyms that reward users for a healthy and active lifestyle.
Investors who want to secure the now low-priced assets should strike as long as FightOut is offering FGHT tokens in Phase 1 of the presale, as the price of the token is currently at US$0.016.
50% bonus only for a short time
If the low price of FGHT tokens in presale is not enough, you can expect a bonus from FightOut, which depends on the amount and duration of the initial investment.
The maximum bonus is 50%, consisting of 25% for the investment amount and an additional 25% for a fixed term of 24 months.
Once FightOut has raised $5 million in investment capital, the bonus program will end. Considering the fact that 2 million US dollars have already been generated in a few days, the bonus campaign could end as early as January 2023.
The FightOut Web3 ecosystem is revolutionizing fitness
Crypto project FightOut rewards its users with both the company’s own token and the in-app currency REPS, which is distributed for exercise, steps, participation in workouts, bodybuilding and bodybuilding . Additionally, users can get rewards for helping the community grow and achieve certain goals.
FightOut is also building a chain of gyms in some of the world’s largest metro areas where members can redeem their rewards locally.
A unique selling point of FightOut over other move-to-earn (M2E) ecosystems is the soul-bound avatar that represents the user within the app. The fitness level of the user is represented by this avatar, with statistics being collected to show the corresponding progress.
Once the avatar has built up the necessary strength, it can enter the metaverse and compete against other fighters to win tournaments and earn more tokens. There is no need to purchase an expensive avatar before you start using the platform. This breaks a significant barrier to entry found with many other move-to-earn (M2E) apps.
The FightOut app allows freely conceivable training, which allows users to specialize in their favorite area and train muscle groups according to their wishes. Short videos help with the correct execution and technique of the respective exercises, so that users can strengthen their muscles optimally.
A healthy lifestyle is rewarded
FightOut not only helps users achieve their fitness goals, but also rewards an overall healthy lifestyle. The ecosystem is divided into categories such as cardio, muscular endurance and mental toughness.
Soft caps are set weekly for each attribute and specific rewards are announced in each area. So, in order to get maximum rewards, users need to progress in all areas.
REPS earned can be redeemed for membership packages, FightOut merchandise, online classes with trainers, and FightOut Studios memberships, among others.
Professional fighters as brand ambassadors
The FightOut development team is fully endorsed and verified by CoinSniper. Above all, martial artists such as boxers or MMA fighters are brought on board as brand ambassadors, meant to increase the awareness of the platform.
Professional athletes should also help create tailored fitness programs for specific sports and activities. This Masterclass content is meant to complement the app and encourage users to join FightOut Studios.
In addition to video workouts, users can also achieve their fitness goals by exercising in the studios and following athlete training plans in the studios.
studios
Platform users who don’t live near one of the 20 existing FightOut studios can also join classes through the app. Our brand ambassadors and world-class coaches regularly host online classes.
Eventually, FightOut wants to open fitness studios in all major cities around the world.
Each studio will have a health bar serving smoothies, healthy meals, snacks and coffee. In addition, events are to be organized and shared work rooms serve as a meeting place to get to know each other.
FGHT Tokens
FGHT is an ERC-20 token with a total supply of 10 billion units. 90% of this sum will be granted to the first investors of the presale, 60% being available for purchase and 30% distributed in the form of bonuses.
Bonus chips are awarded based on the initial investment. Up to 25% will be credited as a bonus for an investment of USD 50,000 and a minimum of 10% will be credited for investments of USD 500 or more.
The additional bonus depends on the length of commitment chosen by the user. There is a 10% bonus for six months of engagement and the full 25% bonus for 24 months.
The remaining 10% of the supply of all tokens will be traded on crypto exchanges.
Currently, FightOut is offering its own cryptocurrency in Phase 1 of the presale at a bargain price of $0.016. In later phases, however, this price will increase.
Thus, early investors have the opportunity to purchase an asset that will increase in value and provide various rewards for completing workouts and challenges. Even in a prolonged crypto winter, investors can benefit.
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