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The FightOut (FGHT) presale has now raised over $2.6 million, a total which indicates significant market interest in the Ethereum-based move-to-earn Web3 platform. Due to launch in the second quarter of this year, it will reward users with crypto for participating in workouts and leading a healthier lifestyle
With the move-to-earn sub-sector having a relatively strong 2022 in the midst of a bear market, FightOut’s comprehensive range of features promises to make it a success among health-and-fitness enthusiasts and cryptocurrency owners when it launches later in the year. And once its presale ends in the coming months, its listing on exchanges promises to help early investors make above-average returns.
Exercise and Earn Crypto with Fight Out – The Future of Fitness is Here as New Project Raises $2.6 Million
Since beginning in the middle of December, the FightOut presale has quickly moved through the gears, reaching a total raised of $2,612,000 in less than a month. It’s not hard to see why it has attracted so much interest, given that it’s aiming to take the concept of move-to-earn to the next level, by joining real-world exercises with Web 2.0 and Web 3.0.
As opposed to simply rewarding steps taken (much like STEPN), FightOut will reward its users for participating in a much wider range of activities and workouts. Accordingly, it will feature on-demand workout classes and live sessions when it launches in Q2, with available workouts set to include weight training, mobility, yoga, meditation, boxing, and many more.
Interestingly, such workouts can be attended in-app or at local FightOut gyms, with FightOut planning to open up to 20 of its own gyms worldwide, while also affiliating with numerous pre-existing facilities. On top of this, the app will provide a strong social element, enabling users to post their latest workouts and results, share news, follow each other, and post status updates.
In fact, the social- and community-led element doesn’t stop there, since FightOut is also planning to open health bars, content studios and co-working spaces. Combined with its other features, this will not only help its users develop a strong sense of community and inclusion, but it will motivate them more fully to continue with their various workouts and lead a healthier lifestyle.
FightOut’s rewards will be distributed in the form of its second native token, REP. The latter can be used to buy in-game items and remote workouts with trainers, while it — as well as FGHT (the token offered in the presale) — can also be used to pay for FightOut’s subscription fees, giving both tokens a strong use case.
Aside from the big social element, what makes FightOut interesting is that it will offer highly tailored and beneficial workout programs, including technique-focused courses. The first of these will be its boxing course, which will involve an in-app video series with elite-level trainers, who will teach users the fundamentals of the sport before they go on to take assessments at the end of their programs.
This all makes FightOut a highly promising and ambitious new platform, and one which should move the M2E sector forwards. It’s worth pointing out that this sector remains popular, with major M2E tokens such as STEPN (GMT) and Sweatcoin (SWEAT) actually up since launching last year (in contrast to most major cryptocurrencies).
This therefore leaves FightOut in an excellent position to have a big 2023, with its FGHT token likely to do well once the presale ends and it lists on exchanges.
If interested, investors can participate in the FightOut presale by visiting its official website and connecting their WalletConnect or MetaMask wallets. FGHT can then be purchased using either USDT or ETH, with the sale also currently offering bonuses of up to 50% for early investors.
It’s worth pointing out that FightOut already has amassed nearly 50,000 followers on Twitter, despite opening an account as recently as October. This provides an idea of just how popular it has already become and of how much it has captured the market’s interest.
Looking at big presales from last year, FGHT could easily surge when it lists on exchanges in several weeks.
For example, Lucky Block (LBLOCK) and Battle Infinity (IBAT) witnessed returns last year as high as 6,000% and 3000% compared to initial presale prices of $0.00015. Needless to say, FGHT may not replicate such gains, but its fundamentals put it in a good position to do well, regardless of how close it comes to benchmarks.
Indeed, its fundamentals are so interesting and well-realized that it could end up being one of the most successful listings of the New Year. And with a long-term roadmap securely in place, FGHT and FightOut both have much to look forward to.