Move to Earn Crypto Fight Out Is First to Bring Fitness to the Metaverse

Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com

Fight Out is positioning itself to take advantage of all that the move to earn industry has to offer by bringing health and fitness to the metaverse. Its crypto token is one of the hottest on the market right now, with almost $3 million in raised capital. 

Related articles

SEC became a defendant in the NFT classification lawsuit

30 July 2024

DraftKings Dumps NFT Business, Citing Legal Developments

30 July 2024

Stay Fit & Earn

FightOut is a new initiative that aims to motivate users to engage in physical exercise and improve their fitness by providing incentives in the form of cryptocurrencies and NFTs.

ADVERTISEMENT

Fight Out’s smart technology allows it to collaborate with users to help them reach their fitness objectives. It lets users select the fitness goals they want to achieve and which portions of their bodies to work on. The platform then creates workout programs tailored to these objectives and supports users in achieving them.

Besides this, Fight Out also lets users monitor several of their vitals – sleep, dietary intake, etc. This way, the app provides a holistic health system geared towards getting results. 

Users earn the REPS token as they progress. The in-app currency is given to players who beat fitness challenges, consume in-app content, and engage in different social activities. With REPS, players can purchase in-store items, sign up for the platform’s subscription service, and consult with trainers. 

Interestingly, Fight Out also works using badges. The badges offer access to different perks, discounts, and in-app benefits, and they can be purchased with REPS. With Fight Out looking to create a Web3 community, there should be more use cases for REPS and badges down the line.  

Fight Out Metaverse

Fight Out is currently developing a metaverse where members can join and engage in different activities. In the Fight Out metaverse, users would be able to create their non-fungible token (NFT) avatars. These avatars will be generated from players’ metrics, reflecting each player’s metrics and stats. The stronger a player gets, the stronger their NFT becomes as well. 

As part of the Fight Out metaverse, members will also be able to chat with others and engage in tournaments and competitions. Gyms in this metaverse will have screens and mirrors where players can display their avatars and even buy cosmetic NFTs with REPS and FGHT.

The FGHT Token 

Fight Out’s native asset is called FGHT. The ERC-20 token operates everything available in Fight Out and acts as the medium for transactions on most operations. 

The digital asset can be used to participate in tournaments, leagues and to purchase items in the Fight Out metaverse. The asset can also be exchanged for REPS for in-app purchases, and users can stake FGHT to earn membership rewards or discounts from services provided.

FGHT is now available on presale and has been one of the most impressive new coins in the market thus far. The asset’s presale has raised over $2.86 million, which is quite impressive given that the presale is still in its early stages. 

The crypto token is now selling for $0.0166. However, the presale is being held in stages, with the price gradually increasing at each stage.

Buy FGHT on Presale