On Wednesday, December 14th, the Web 3.0 protocol FightOut announced that it will launch its native cryptocurrency via its presale round.
$FGHT belongs to the class of stablecoins because its price stability is pegged to the USD price.
Commenting on the situation, experts have said that $FGHT is the future of the health and fitness sector.
What is FightOut?
FightOut is a fitness app and gym chain powered by Web 3.0 technology. It combines real-world workout practices with the practices of the metaverse. It’s the first project of its kind.
During the current presale round, the token is up for sale at $0.01665002 (60.06 = 1 USDT), with no minimum and maximum purchase quantity.
Competing in An Industry That is Valued at $96 Billion
According to Statista, the global volume of the fitness industry is worth $96 Billion. Experts are optimistic that FighOut will play its role in taking the sector further higher.
As of this writing, the platform has raised the fund of $100m in its presale round. FightOut is on its way to being one of the world’s most valuable platforms of the future.
The presale of the $FGHT token shows that in its initial phase, it raised $1 million in just seven days. As the second round is already underway, much higher numbers are expected.
Fitness is linked to well-being and well-being; thus, any paths that make it easier to maintain or attain fitness objectives not only have the potential to help us all live longer and more meaningful lives.
But also creates economic activity to help society and those who are stakeholders. FightOut offers many unique selling points unparalleled in the history of crypto tokens.
List of Unique Selling Points Offered by FightOut
It’s going to be one of the most dominating projects in the crypto world. It is a step in the right direction where Web 2.0 meets Web 3.0.
Another project similar to FightOut is the M2E platform, such as STEPN; in terms of the successful presale, FightOut is way bigger than its predecessors.
First and foremost, this app will measure all the steps taken to achieve fitness using state-of-the-art technology. This means users will be provided with pinpoint analytics on their workout routine’s effectiveness.
Second, that platform does not require any expensive NFT as the payment method for this app. This means the app will be available for everyone to use.
Third, the app only focuses on some narrow fitness goals; however, it allows users to commute and be connected. It encourages adopting a healthy lifestyle, not just walking on the road.
This means people can compete with each other in the real world, and in the metaverse, it means the fitter is a hitter.
Moreover, the app will also include an avatar for every individual connected to every user’s soul through technology.
The avatar will reflect some important attributes such as the level of strength, muscular condition, effectiveness of your fitness technique, and other features.
Every person will have unique attributes which cannot be copied or replicated. The only way to level up the ranking of your avatar will be stats that apps will collect from your real-world fitness activity. This is called combining Web 2.0 with Web 3.0.
FightOut is A Subscription Based Platform
The users have to subscribe to this platform by using the platform’s digital tokens. The platform’s digital tokens, such as $FGHT and REPS, can be used to obtain the subscription.
Moreover, a 25% discount will be offered to those users who will use its upcoming $FGHT token to buy the platform’s subscription.
The total supply of FGHT tokens is 10 billion, and 60 of the token’s total supply is up for sale in the presale, with a discount of 10%.
This is the golden opportunity for investors to go big on $FGHT, as its platform is based on some strong mechanics.