New Move to Earn Coin Fight Out Raises $3m to Build Out Web3 App and Gym Fitness Platform
A revolutionary new move-to-earn (M2E) crypto start-up called FightOut has raised a whopping near $3 million in the few weeks since the launch of its token presale. Move-to-earn essentially means that users can earn cryptocurrency by completing movement-based challenges/competitions.
Investors have been rushing to get hold of FightOut’s FGHT token, which will function as the currency at the heart of FightOut’s web3 fitness ecosystem.
Tokens are currently selling for 60.06 per 1 USDT, though larger investments are eligible to receive a bonus of up to 50%.
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FightOut is a brand new web3 fitness application and gym chain that rewards its users for working out, completing challenges and competing within a first-of-its-kind fitness metaverse.
At the center of FightOut’s digital ecosystem will be its smartphone application which, according to FightOut’s whitepaper, is scheduled for launch in Q2 2023. The FightOut app will harness smartphone and wearable technology to measure and track physical performance.
The FightOut app and ecosystem will run on a tokenized economy, where users can earn rewards for completing M2E tasks, and can mint their own soul-bound token avatar, through which the user will be able to interact with the FightOut metaverse.
FightOut also seeks to combine the physical and web3 worlds. The project aims to eventually acquire gyms across all of the world’s major cities, whilst simultaneously promoting an integrated web3 fitness experience.
FGHT is the token that powers the FightOut metaverse ecosystem. Users will pay to enter competitions and leagues with FGHT and winnings will be paid out in FGHT. The FGHT token can also be used in peer-to-peer fitness wagers.
FightOut will be a subscription-based
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