Fitness Meets Finance With This New Move-to-Earn Crypto Platform – Invest in the Future Now
The fitness industry is one of the fastest growing areas following the outbreak of the respiratory disease COVID-19.
According to a Mordor Intelligence Reportthe health and fitness industry is expected to grow at 11.86% compound annual growth rate (CAGR) from its market value of USD 70 billion by 2028. This shows a strong potential in the healthcare sector.
Despite improving their health, athletes have largely neglected their financial goals. This is the dual-clutch system, which Fight Out, a new crypto startup, is trying to balance.
Fight Out is set to revolutionize the fitness and health industry entirely with its fresh take on workouts and its ability to motivate people to get healthier.
As the asset’s pre-sale continues to attract significant investor interest, now is a good time to get in.
Rewards for fitness
Fight Out is a move-to-earn (M2E) platform that offers incentives to anyone who wants to exercise and improve their health.
The project, unveiled in 2022, uses the power of blockchain technology to hold users accountable and allow them to earn while they train.
The Fight Out ecosystem revolves around its native application, which is built on the blockchain. With this app, users can log in, set training goals and work on specific parts of the body.
The app goes further by providing exercise recommendations and giving them access to exercise routines and content that can help them.
Fight Out’s innovation stems from the app’s ability to track significant training goals. It connects to a user’s mobile phone and measures their fitness values as they exercise to track their progress.
Interestingly, Fight Out monitors additional metrics such as sleep and dietary intake. This ensures a holistic approach to training, with users achieving all-round well-being.
Of course, this isn’t the only innovation the Fight Out ecosystem has to offer. The platform’s developers plan to open more physical gyms in different parts of the world later this year.
These gyms will have the latest and greatest fitness equipment and will be open to all members.
The developers have also shared plans for a metaverse iteration. Here, users will be able to display non-fungible tokens (NFTs) as well as digital avatars that display their stats and progress levels.
With these avatars, they can participate in sports activities, games and other fun initiatives.
It’s worth noting that the NFTs will also act as access cards to Fight Out’s physical gyms when they launch. Users can display their NFTs on the premises with specialized screens across the gyms.
It’s unclear if the gyms will be open to non-users who don’t have NFTs, but at least Fight Out offers a way for NFT holders to get more value.
The FGHT token
Fight Out operates using a multi-token system. REPS tokens are awarded when users reach milestones and reach their training goals.
The FGHT token, on the other hand, is the real prize. The token can be used to redeem REPS and pay for Fight Out services.
The digital asset can be accumulated, traded or used in the app to purchase services and goods. FGHT enables seamless payments for everything from fitness equipment to NFT goods via the Fight Out marketplace.
Holders also get access to exclusive training content and discounts on payments for services and sessions.
The FGHT token looks set to be the biggest in the fitness and health space and is now available to investors on a pre-sale.
The token has so far raised over $5 million in the presale, and with investor demand continuing to heat up, now is a good time to buy in.
Buy FGHT on pre-sale
Disclaimer: The Industry Talk section contains insights from crypto industry players and is not part of the editorial content of Cryptonews.com.