The play to earn industry have evolved, and there is now also the “move to earn” sector, which is disrupting the $96 billion health and fitness industry.
Pioneered by the likes of Stepn, the “move to earn” phenomenon has grown significantly over the course of 2022, even whilst the rest of the market was suffering.
Now, there is a brand new project called FightOut that is attracting significant investor attention with their promise of providing personal trainers in the metaverse.
Move to earn with FightOut
Those who participate in the move to earn industry with FightOut are able to earn FGHT for their exercises.
The way that this works is that all exercises that they perform are tracked by using the FightOut app, which doubles up as a personal trainer.
Reach your fitness goals with #FightOut!
Whether you're looking to lose weight, build muscles, or improve your overall health, Fightout is here to support you every step of the way!
Join the presale now before the price increases in stage 2! https://t.co/z34Nkx3N4Q pic.twitter.com/y8QgvhwoKM
— Fight Out (@FightOut_) January 3, 2023
The app is designed in such a way to provide a holistic approach to fitness, and to reward those who use it with a combination of FGHT tokens and REPS tokens.
A $96 billion industry being disrupted
The health and fitness industry is huge, and is currently estimated to be worth a total of $96 billion – according to Statista, it is expected to grow in size to over $130 billion by 2028.
The future of health and fitness industry will be based upon new technological innovations, particularly in the crypto and move to earn space.
With the world becoming an ever more digitalised space, companies such as FightOut are to play a key role when it comes to fitness, as people can now exercise from their own homes yet still remain part of a community.
For those who do want a more specialised location, the FightOut team is also working to build 20 gyms around the world, with the first gym scheduled to be acquired in the first quarter of 2023.
$2.5m raised at presale – participate now
The FightOut presale has been going from strength to strength over the course of the last few weeks, and has now managed to raise over $2.5m over the course of the last few months.
Attention #FightOutCrew!
Check out our new bonus tiers for those vesting for 24 months & buying more than $500 of $FGHT!
Earn even more rewards with #FightOut – see the graphic for more information!
Buy $FGHT now ⬇️https://t.co/vhgiOPWPrP pic.twitter.com/TS51MGQms4
— Fight Out (@FightOut_) December 28, 2022
The team at FightOut have decided to provide a series of incentives for those who participate in the presale: in addition to the chance to win a $250k prize in FGHT tokens, those who buy larger amounts of tokens at the presale are eligible for percentage bonuses.
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