Following a humiliating defeat at the gloves of Tommy Fury, Jake Paul has announced the launch of a new sports betting platform called Betr. This comes as many professional fighters are looking to expand their business ventures into the world of online sports.
Leading Move-2-Earn (M2E) presale project Fight Out isn't missing out on the action, after all you can't let Jake Paul have all the fun.
The Fight Out team took to Twitter to reveal the beginnings of their own Web3 sports betting offering.
This adds a secondary layer to the already unique Fight Out platform - which is aiming to gamify movement and exercise to revolutionise fitness on Web3.
Fight Out ($FGHT) is surging to becoming the biggest crypto presale of 2023 – with a jaw-dropping $5.3m raised by the fastest-growing Play 2 Earn project.
Market interest is gravitating toward move-2-earn (M2E), and Fight Out is poised to win big in the aftermath of STEPN’s failed recovery rally.
Boasting impressive blockchain technology, Fight Out is able to track and reward all types of exercise as it pits you on a quest to become the ultimate fighter.
By deploying innovative metrics using your phone’s in-built inertial measurement unit, Fight Out can track your training on the punching bag, your powerlifting progress, and even your time spent dancing on a Friday night.
This flows into a secondary play-2-earn (P2E) ecosystem that pits users head-to-head in high-octane challenges, game modes, and competitions.
Users compete using their ‘Soulbound’ NFT avatars. Soulbound means that the NFT cannot be resold, and will be a permanent representation of the user’s progress.
This is a big break away from an M2E sector that has all too often put up expensive barriers to entry, such as sneaker
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