Move-to-Earn Crypto Fight Out Raises More Than $3m in Presale – Price Rises in 3 Days So Buy Cheaper Today
Fight Out, the Web3 platform to level up health and earn its users rewards in the process, has raised $3,096,000 million in its presale.
There are only three days left to go before the presale price of the FGHT token starts increasing in 12-hour intervals until the end date of 31 March.
FGHT is the utility token of the best and newest move-to-earn platform in Web3. The token is currently priced at $0.0166 in the first stage of the fundraise – investors will need to move quickly to grab the cheapest price.
After all the 12-hourly price rise updates in the second stage have taken place, the token will, by 31 March, be valued at $0.0333, which is FGHT’s exchange list price.
Analysts are predicting that FGHT will be one of 2023’s best-performing crypto assets. It could easily see a 10x price pump when it starts trading.
FGHT has secured two exchange listings in April on LBank (5th) and BitForex (6th) – more to follow
In welcome news for investors, Fight Out has already secured deals that will see its FGHT token listed on two top centralized exchanges.
LBank, with 24-hour trading volumes in excess of $1.3 billion according to data site CoinMarketCap and which ranks 15th globally, will list FGHT on April 5th.
The second exchange is BitForex, listing FGHT on April 6th. BitForex boasts 24-hour trading volume of $972 million.
The Fight Out team says that more exchanges will be announced in the coming weeks as the presale progresses.
Fight Out’s move-to-earn implementation pushes the boundaries of what to expect from the decentralized technology.
Instead of just recording your daily walk or workout, Fight Out’s app and gyms will connect you up to an avatar in the metaverse.
Each users ‘soulbound’ avatar virtually mirrors their fitness and health achievements in the real world. Fight Out is the first move-to-earn crypto project to enter the metaverse.
In addition, helping Fight Out’s users to become ‘fighting fit’ is a companion app for monitoring and tracking fitness routines and programs.
Along with a network of gyms in major cities across the globe, acting as community hubs, the app is the key part of the Fight Out offering.
Elite athletes have joined Fight Out to help the community achieve
To optimize what users get out of Fight Out, the project has enlisted the support of elite athletes in the combat sports space as ambassadors.
Fight Out’s ambassadors will inspire everyone in the community to take their fitness to the next level.
So far, project ambassadors include Savannah Marshall, one of the world’s top boxers (122k followers on Instagram), Brazilian mixed martial arts UFC stars Amanda Ribas and Talia Santos (2.1 million and 179k followers on Instagram, respectively).
Joining them is the star of NBC’s American Ninja Warrior series Tremayne Dortch – a popular personal trainer and influencer.
Fight Out’s mission is to show that move-to-earn (M2E) and the metaverse can become the future of health and fitness.
The gyms that Fight Out will be rolling out also provide a way of offsetting the risk of investing in digital-only products that may struggle to gain revenue traction.
Each gym will have its own co-working space, health bar, and studio where elite athletes produce video workouts for consumption in the Fight Out companion app.
Elite athletes will also hold in-person events and challenges. The first pro fighter workout programs launch in Q2 2023.
Earn rewards for working hard to improve your health
In the Fight Out ecosystem, rewards are earned in REPS – the off-chain in-app currency of Fight Out.
It is a subscription-based service and both of the ecosystem’s tokens – $FGHT and REPS – can be used to sign up, as can ordinary fiat currency.
If you buy their subscriptions with $FGHT there is a 25% discount.
In-app goods such as cosmetic items for avatars, merchandise, and remote consultations with personal trainers or with Fight Out’s unique fight coaches, are all paid for with REPS.
Additional REPS can be purchased using $FGHT.
You can get a 50% token bonus by investing in the presale
In the Fight Out presale investors are rewarded generous bonus tokens, depending on the amount contributed and the vesting period opted for.
For instance, presale buyers can secure a 25% bonus on investment amounts of $50,000 or more and 25% on a vesting period of 24 months, which combines for a total bonus of 50%.
Fight Out has introduced special bonus tiers that combine the amount invested with a range of vesting periods.
You can find the full details on the bonus tiers here.
All $FGHT tokens are subject to a three-month vesting period, after which holders can choose whether they wish to extend their lock-up period for additional bonuses.
Fight Out is backed by Transak, LBank Labs, Block Labs, and Cryptonews.com.