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A bunch of crypto presales have been making headlines recently, although only a few have any utility to offer. FightOut with its unique approach to fitness, is set to revolutionize the industry as far as the crypto space goes. Investors can make themselves a part of the project by participating in the presale; others can first check out what the project is about.
What Is FIghtOut?
FightOut is an M2E (move-to-earn) fitness app and gym chain that encourages a healthy lifestyle through gamification. The platform combines elements of web 2.0 and web 3.0 by using blockchain technology to incentivize users to engage in activities that contribute to their well-being. These activities include bodyweight exercise, weight lifting, and many other activities that fall under a workout plan.
Users earn “REPS” tokens for completing workouts, challenges, and other actions and can also participate in virtual competitions within the FightOut metaverse, where users can create avatars and track their progress.
FightOut has created a virtual world, or metaverse, for its users to provide a fully immersive experience. One interesting feature of this platform is the ability for users to create their own unique NFT avatars, called “Soulbound” avatars, upon signing up. These avatars reflect the user’s actual physical fitness level and performance, and as the user improves their real-life fitness, the avatar’s stats will also increase within the metaverse.
This allows users to interact and compete with other members of the FightOut community. Additionally, users can use $FGHT tokens or REPS to purchase cosmetic NFTs to customize the appearance of their avatars.
The project is currently raising funds through the presale of its FGHT cryptocurrency, intending to raise $100 million. During the presale, investors can receive bonuses of up to 50% in the form of extra $FGHT tokens, depending on the amount they purchase and their choice of vesting period. The bonuses are available on a limited basis and will expire when the presale reaches $5 million in FGHT sales. FightOut aims to solve problems in the fitness industry by providing a cost-effective, personalized approach to training that helps users adopt a healthy lifestyle long-term.
FGHT Powers FightOut Ecosystem
$FGHT is an ERC-20 token, an important component of the FightOut ecosystem. It can be used by users to participate in events such as tournaments and leagues within the metaverse, and all purchases within the virtual environment can only be made with FGHT.
Users can acquire FGHT tokens which allow them to avail of perks such as gym memberships, discounts at health centers, access to co-working spaces, and other third-party services. While $FGHT is used to trade for subscriptions, another token REPS is distributed as a reward and remains the off-chain currency for the Fight Out platform.
Investors interested in getting involved with FightOut’s project may want to consider purchasing FGHT tokens during the presale period. The presale is currently live and has raised over $2.6 million completing more than half of its target price. The presale is expected to end on March 31st, however, given the impressive support from investors, it’s likely to be completed much sooner. Once the presale is completed, the token will be listed on CEX exchanges on April 5th.
FGHT Tokenomics & Bonuses
FGHT has a total of 10 billion tokens available, with 60% being offered for sale during the presale, 10% being allocated for liquidity, and 30% being reserved for rewards and growth purposes. These rewards are available at varying levels, with a 25% bonus offered for investments of $50,000 and a 10% bonus for token purchases worth $500.
Presale token buyers will also have a vesting period of three months, with the option to choose longer vesting periods ranging from six to 24 months in exchange for additional bonuses. It is expected that approximately 70% of the funds raised during the presale will be used to acquire and renovate a physical venue. The total percentage of tokens being sold during the presale may be higher than 60%, potentially reaching up to 90%, depending on the level of bonus rewards achieved.
The presale of $FGHT is currently underway and offers a bonus to investors based on the length of their chosen vesting period. Currently, investors can purchase 60.06 tokens for 1 USDT. It is expected that the price of $FGHT will increase as the presale continues, so buyers have the opportunity to purchase the tokens at a lower price at this time.
Visit the official website to participate in the presale round.
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