During the presale of FightOut, the innovative move-to-earn crypto project raised almost $2.5 million. Early investors were also able to earn a 50% bonus for FGHT tokens.
This ambitious project aims to create a cutting-edge fitness app and build Web3-integrated gyms at key locations around the globe.
The first gym’s location is being planned and already being scouted. FightOut also announced earlier this week that it had partnered with three top-level athletes to be its ambassadors.
The first presale stage has almost 50 percent completion. Investors have a $5m target. Once that goal is met, bonus tokens won’t be available. FGHT tokens will increase in value after stage 1.
Currently, tokens are on sale for $0.0166 per token. The price will increase by $0.0333 each second until March 31, 2023, which is a 100% increase.
FightOut Price Prediction – 25x Possible
Although 25x, or 2,500%, sounds like a lot, experts have considered it possible due to the tokenomics of FightingOut and the high interest in the project.
To increase 25x the price of FGHT tokens, they must reach a price of $0.415 per token.
As mentioned, FGHT tokens are available for purchase at $0.0166. However, buyers who purchase now will see their tokens double in price before the presale ends. This means that FGHT at $0.415 represents a 12.5x decrease from the previous price point. Currently, it is one of the best cryptocurrencies to buy.
FightOut’s maximum supply is 10 billion tokens. This means that the market capitalization for the FGHT token would have to be $4.15 billion. Although it sounds high-tech, this is an extremely realistic number considering its utility and ambitious plans.
Additionally, the project will lock 30% of the tokens and have them released in a linear fashion over the next ten years. This brings the market cap below $3 billion.
STEPN is the largest current move-to-earn company on the market. It was a pioneer in the M2E space, and reached a peak market value of just over $2.5 billion earlier this year.
The hype surrounding GMT tokens was largely responsible for the increase in value. However, it crashed over the past eight months, with the community being discouraged by the need to buy expensive NFTs to gain access to the rewards system.
FightOut avoids this trap with no NFTs required to access FightOut’s app and rewards in REPS – a secondary currency that acts only within FightOut’s app – while FGHT tokens are the backbone of the project. The majority of the money raised through the presale will be used to fund venue acquisition and renovation (70%), marketing and partnerships (18%), and product development (12%)
Investors who purchase FGHT tokens during the presale stage can claim up to 50% in bonuses. Bonuses include up to 25% for investments over $50k, and 25% for those who lock their tokens up for 24 months.
FightOut was developed by the Doxxed team and KYC verified by CoinSniper. The FGHT token smart contracts have been fully audited and certified by Certik, a trusted blockchain security firm.
The FightOut whitepaper provides more details about the project and the presale bonus scheme.
FightOut Revolutionizes the M2E Space
FightOut is a great investment opportunity because it will provide an excellent solution to the enormous potential of the space for move-to-earn.
FightOut uses smart technology to track steps and key effort indicators. It then creates a digital profile of each user and tailors individual workouts for them.
Not only are they focused on cardio and strength, but also offer a holistic approach that takes into consideration mental and emotional well-being.
The avatar representing the fitness profile is a soulbound NFT avatar. Users earn REPS by completing workouts at home, in a gym, and additional REPS through competitions with other users.
You can use REPS to get discounts on apps and gym memberships, book personal trainer sessions, and purchase training apparel, supplements, and equipment.
FightOut developers are currently scouting for locations to open their first real-world gym. This will include Web3-integrated features like mirrors that display a digital fitness profile, and sensors that track workouts. The project aims to create and develop multiple gyms in key locations across the globe that serve as community hubs.
Three of the most prominent athletes have been invited to the project as ambassadors. This is to market the project and also provide exclusive content like masterclasses and behind-the-scenes access to training camps.
UFC’s Amanda Ribas and Taila Santos are ranked 9th in the strawweight division. They have also joined the project. Savannah Marshall, the British boxing queen, has also joined the UFC.
Marshall, a former WBO middleweight champion, lost her title to Claressa Shields in October in a massive fight. It was the most watched women’s boxing match ever.
How to Buy FGHT Tokens
FightOut has sold almost 50% of its stage 1 allocation. Tokens are now available for $0.0166, and there are bonuses of up to 50%.
For more information on buying tokens, please refer to our guide. It explains how to purchase FGHT during the presale.
FightOut offers a chance for one winner to win $250,000 worth of FGHT tokens. To enter, you must have $250 worth of FGHT tokens on the day.
You can stack entries by completing tasks via social media.
About the Author
Chris Munch is a professional crypto writer, researcher, and journalist with extensive experience in the cryptocurrency and blockchain space. With a passion for innovation, Chris brings a unique and insightful perspective to the world of crypto and blockchain. He has written numerous articles and research papers on a variety of topics, including market analysis, investment strategies, and the latest developments in the industry. With a background in finance and economics, Chris has a deep understanding of the economic and financial forces that drive the crypto market. He is constantly researching and studying the latest trends and technologies, ensuring that he is always up-to-date on the latest developments in the industry. Chris’ writing is characterized by his ability to explain complex concepts in a clear and concise manner, making it accessible to a wide audience of readers. In addition to his writing, Chris is also a sought-after speaker and commentator on crypto and blockchain-related topics. He has appeared on numerous podcasts, webinars, and other events, sharing his knowledge and expertise with audiences around the world.
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