Fight Out has revealed a revamped bonus scheme during its high-potential presale – meaning early investors can now earn up to 67% in additional FGHT tokens.
The project, which has now raised more than $4.25 million during its presale, also announced it will all investors to purchase tokens without the need to vest them, while those who invested already will receive a 10% FGHT token airdrop to their existing holdings.
Fight Out is set to revolutionize the move-to-earn space with its new fitness app that will reward users for completing workouts at home or in a gym.
Fight Out App to Change Fitness World
While other M2E projects have focused solely on steps and require expensive NFTs to get better rewards, Fight Out operates on a traditional monthly subscription model and will reward users for completing full body workouts.
The app will use smart technology to track movement, effort, nutrition and sleep and build a digital fitness avatar and tailor personalized workout regimes, making it perfect for total novices and elite pros.
Fight Out provides regimes that tackle strength and conditioning, skill and mental wellness and provide easy access to high-class coaching and quality instructional videos that allow users to improve their form and technique.
Users are then rewarded for completing workouts, with the app providing REPS – a second, off-chain token. REPS can be used to get discounts on app subscriptions, book personal training sessions, or purchase training supplements, apparel and equipment.
Fight Out also has a strong metaverse and community angle, with the avatar a soulbound profile – meaning it cannot be sold or traded – that is fully customizable, with users spending REPS on clothes, shoes, hair and tattoos for their avatars.
The avatar can then be pitted against other users for the chance to win additional REPS in daily, weekly and monthly challenges.
FGHT Tokenomics
FGHT tokens are on sale for $0.02282 at the time of writing but increase in price every 12 hours until a maximum of $0.0333 on March 31, 2023.
That means those who invest now will see the value of their token rise by 46% by the time of the IEO, which is set to take place on April 5.
The interest in the project means that several exchanges – Uniswap, LBank, BitForex, DigiFinex, Changelly Pro, BKEX and XT.com – have already confirmed they will list the token, although exact details on dates and times are still to follow.
As mentioned above, presale investors have also been given two major incentives to purchase now – with an improved bonus scheme.
Up to 67% in additional FGHT tokens can now be had, depending on the size of the purchase and length of time chosen to vest tokens, while the previous minimum of three months vesting has been scrapped.
To trigger the bonus clauses, investors must spend a minimum of $500 and choose to vest tokens for at least three months.
The bonuses increase in stages, with the maximum 67% given to those who spend $50,000 or more and chose to lock tokens for 36 months.
Fight Out has been developed by a doxxed and KYC-verified team, while the FGHT smart contract is audited by Certik.
Of the 10 billion supply, 9% has been allocated to the presale, 4.5% to the bonus scheme and 10% to exchanges – the remaining will be unlocked over give years and used to fund the project’s development.
More information and the latest news can be found in the Fight Out Telegram group.
- Read our full guide on how to buy FGHT tokens.
Related
Fight Out - Next Big Train-to-Earn Crypto
- Backed by LBank Labs, Transak
- Earn Rewards for Working Out
- Level Up and Compete in the Metaverse
- Presale Live Now - $5M Raised
- Real-World Community, Gym Chain