- FightOut is a new move-to-earn crypto fitness and metaverse project that’s now raised $2.5m and has launched a $250,000 giveaway.
- We take a look at this innovative new presale project and explain why investors are flocking to it.
FightOut, a unique move-to-earn (M2E) crypto project that bridges virtual fitness and the metaverse, has raised more than $2.45 million in the first 2 weeks of its crypto presale.
The resounding early success of the presale means that the first stage of the presale is now almost 50% sold out. During this stage, the project’s native FGHT token is on sale for just $0.0166.
The price of FGHT will increase with each subsequent stage, eventually reaching $0.0333. So, investors who invest sooner rather than later lock in the lowest price for the FightOut token. The presale will end on March 31.
Given the massive interest in the FightOut presale, there’s already speculation that the price of this token could shoot upwards when FightOut holds an initial exchange offering on April 5.
In addition, FightOut is offering FGHT bonuses worth up to 50% during the presale. Investors who buy at least $500 worth of FGHT can earn a 10-25% bonus in FGHT on their purchase. In addition, early investors who stake their tokens for 6-24 months can earn an additional 10-25% bonus in FGHT.
FightOut is sweetening the deal for presale investors by announcing a $250,000 FGHT token giveaway. To enter to win, investors must hold at least $250 worth of FGHT at the time of the drawing and complete tasks like following FightOUt on social media. The $250,000 prize will be given to one lucky winner.
The FightOut mobile app is expected to launch as an invitation-only beta in Q1 2023. The full version of the app will become available to the public in Q2 2023.
FightOut Signs Roster of UFC Fighters and Fitness Leaders
FightOut announced that a glowing roster of professional UFC fighters, boxers, and fitness leaders are joining the project as ambassadors.
The new ambassadors include UFC stars Amanda Ribas and Taila Santos, record-breaking boxer Savannah Marshall, and fitness influencer Tremayne Dortch.
Ribas is ranked #9 in the UFC’s Women’s Strawweight division and #15 in the Flyweight division. Santos is ranked #2 in the Flyweight division. Both women are from Brazil and can leverage a combined 2.3 million Instagram followers to bring attention to FightOut.
British boxer Savannah Marshall joins FightOut on the heels of her record-breaking victory over American Claressa Shields, which attracted the largest viewership of any women’s boxing match in history. Marshall has 122,000 Instagram followers.
Tremayne Dortch, also known as ‘the muscle ninja,’ is a fitness influencer, personal trainer, and star of the NBC TV show American Ninja Warrior. Dortch is flexing her ambassadorial prowess with 271,00 Instagram followers.
These elite fights and athletes will play important roles in helping spread the word about FightOut as the project launches. They’ll also take part in helping to develop FightOut’s library of video workouts and even lead in-person workouts at FightOut gyms.
The ability of FightOut to sign up such strong athletes is a clear indication of the widespread community support for the project.
FightOut Bridges the Divide Between In-person, On-demand, and Metaverse Fitness
FightOut is an innovative M2E ecosystem that helps users get fighting fit. It solves the problem of incentivizing users to not only stick with their training regimen, but to build holistic fitness that includes strength, cardio endurance, and fighting technique.
To do this, FightOut blends on-demand workouts at home and in the gym with metaverse-based avatars. As users complete workouts in the real world, their avatars gain fitness alongside them in the virtual world.
FightOut users can come together in the metaverse for fighting leagues and tournaments with crypto prizes. Elite athletes will also be present in the metaverse, serving as inspiration for everyday users who are looking to build fitness.
In addition, FightOut is planning to purchase real-world gyms that will serve as hubs for the platform’s community. These gyms will include technology such as digital mirrors to bridge the gap between working out in the real world and working out in the metaverse. FightOut members will have access to gyms, but are not required to visit a physical gym in order to use the platform.
The first FightOut gym will be acquired in Q1 2023 and plans to buy up to 20 gyms initially. Down the road, FightOut plans to expand its real-world footprint to include more gyms in cities around the globe.
On-demand Fitness through the FightOut Companion App
At the heart of the FightOut ecosystem is the FightOut companion app. The app is where users can find on-demand workouts led by professional athletes and fitness influencers like Ribas, Santos, Marshall, and Dortch. The first pro fighter video workouts will be launched in Q2 2023.
The app is also where users will track their fitness for on-demand and live workouts in FightOut gyms. Users’ progress is tracked using smartwatch-based technology and their smartphone.
Training plans in the FightOut app are personalized for every user. To get started, users just need to answer a series of questions about their workout preferences, fitness goals, and access to exercise equipment. Based on their answers, FightOut will generate a ready-to-start fitness program.
FightOut’s fitness programs differ from traditional on-demand fitness services in that they are holistic. Users are encouraged to build muscular strength, cardiovascular capacity, endurance, mental wellness, and fighting technique.
The FightOut companion app will launch as an invitation-only beta in Q1 2023. A public launch is expected for Q2 2023.
Incentivizing Fitness with FGHT and REPS
FightOut offers 2 distinct tokens, FGHT and REPS.
FGHT is the platform’s native cryptocurrency and is on sale during the FightOut presale. It can be used to pay for a FightOut subscription and for entry into metaverse leagues and tournaments.
Users can also pay for a FightOut subscription using fiat. However, when paying with FGHT, members receive a 25% discount on their subscription.
REPS is an in-app currency that’s used to reward users for completing workouts. REPS can be redeemed for discounts on a FightOut subscription, for virtual consultations with personal trainers or fighting coaches, accessories for FightOut avatars, and FightOut merchandise.
Presale Bonuses Extended to Last Entire Presale
FightOut created generous bonuses to incentivize investors to buy FGHT during the presale.
Investors who buy at least $500 worth of FGHT during the presale receive a 10% bonus, with increasing bonuses for larger purchases. At the top end of the bonus tiers, investors who buy $50,000 or more worth of FGHT tokens earn a 25% bonus.
In addition, investors can opt to allow their FGHT to vest for 6-24 months. The minimum bonus is 10% and the maximum is 25%, with higher bonuses for longer vesting periods. Tokens unlock over the course of the vesting period and investors can claim unlocked tokens at any time.
All FGHT tokens are subject to a 3-month vesting period and investors can choose whether to extend the lock-up period at the end of this period. All presale bonuses are paid in FGHT.
Previously, these bonuses were only available during the first stage of the presale, which is now nearly 50% sold out. However, the FightOut team announced that the bonuses will now apply over the entire duration of the presale.
The technology underlying FightOut has been Certik audited. In addition, the development team has been KYC verified by CoinSniper. FightOut is backed by Transak, LBank Labs, BlockMedia Labs and Cryptonews.com.
With the first stage of the FightOut presale nearly 50% sold out, investors don’t have much time remaining to lock in the lowest price for the FGHT token or to take advantage of the presale bonuses. Join the FightOut presale today to be a part of the coming revolution in M2E fitness.
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