Crypto experts are predicting Fight Out could become the top move-to-earn project around due to its huge potential.
It has already raised around $3.5 million in its presale and investors and experts are hugely excited by its fitness app and ambitious plans to build real-world gyms.
Those who invest early can take advantage of a bonus offer that earns up to 50% extra FGHT tokens and an asset that will increase by around 95% by the time the presale ends.
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Fight Out to Knock STEPN Off Top Spot?
STEPN was the first M2E project and since it launched in March 2022 it has been the undisputed top dog – at its peak, the project had a market cap of over $2 billion.
However, in the months that have passed the project has slipped all the way from highs of around $4 to its current price of $0.55 – an 86% loss.
Users have fallen away from the project, criticizing the expensive start-up costs to purchase the sneaker NFTs and flawed earning mechanics that see limited rewards for the number of steps made.
STEPN’s native token GMT has had an extremely strong start to 2023 and is up 150% from December prices but there is still some cause for concern with only 10% of the supply in circulation.
Fight Out is aiming to take STEPN’s crown and has several notable advantages over its future rival.
While STEPN only rewards users for steps, the Fight Out fitness app will grant users rewards in the form of REPS – an off-chain, in-app currency – when they complete a variety of workouts at home or in the gym.
The app uses smart technology to measure movement, effort, sleep and nutrition and build a full digital fitness profile as well as tailor individual workout regimes for each user.
The regimes not only cover strength and conditioning but also take into account wellness and mental health.
Rather than needing expensive NFTs to get started, like other M2E projects, Fight Out will work from a more traditional model of app subscription and gym membership.
REPS can be used to get discounts on gym memberships and app subscriptions, purchase apparel and training equipment or book personal training sessions, while additional REPS can be earned by taking part in daily, weekly and monthly challenges against other users.
The Fight Out team is also already looking at locations for its first real-world gym location, which is scheduled to open its doors in late 2023.
The project has plans to open the gyms – which will be packed with Web3 features such as sensors that track workouts – in major cities around the world.
Fight Out has also brought on two UFC stars – Taila Santos and Amanda Ribas – former world champ Savannah Marshall and American Ninja Warrior Tremayne Dortch to be ambassadors.
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How to Buy FGHT Tokens
The FGHT token presale is now in its second stage which means that a price increase will be triggered every 12 hours to a maximum of $0.0333 on March 31, 2023.
At press time, FGHT tokens cost $0.0174 which means those who invest now will see the price of FGHT rise by 91% before the project has even had its IEO.
Fight Out has already secured listings on major exchanges LBank and BitForex, which both boast daily trading volume of around $1 billion, with more exchanges expected to announce listings in the near future.
The presale also allows buyers to earn up to 50% more in bonus tokens, depending on the size of the purchase and then length of time chosen to lock tokens.
For example, an investment of $500 with a six-month vesting period will earn 20% more over a $499 purchase with a three-month vesting period.
To earn the maximum 50% bonus, investors must make a purchase over $50k and lock tokens for the full 24 months.
Fight Out is also offering four tiers of membership – contender, champion, world champion, undisputed champion – which offers other incentives such as free app subscriptions, REPS bonuses and signed merchandise.
We have produced a full guide on how to buy FGHT tokens during the presale for those interested.
The Fight Out developers are doxxed and have been KYC-verified by CoinSniper, while blockchain security firm Certik has audited the FGHT token smart contract.
There is a max supply of 10 billion FGHT tokens with 30% of those set aside for the presale, 15% for the bonus scheme and another 5% for exchange liquidity.
The remaining 50% of tokens will be vested and unlocked over five years and will be used for the continued development of the project and the gyms.
Fight Out is also running a $250,000 FGHT token giveaway.
Full information on the project can be read in the Fight Out whitepaper. Join the Telegram group for the latest news.
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Source: Crypto News