Platforms like STEPN and Sweatcoin have done a lot to popularize the idea of “move-to-earn” in the cryptocurrency space. Move-to-earn essentially means that users can earn cryptocurrency by completing movement-based challenges/competitions. The idea and its early implementation has been hailed as revolutionary, in that it encourages individuals to adopt a more active lifestyle by offering monetizable rewards.
But platforms like STEPN and Sweatcoin have big limitations that have and continue to prevent them from gaining greater mainstream adoption. Both are focused on steps and recordable movement, which means that users essentially only get rewarded for walking, jogging and running. That’s not much good for people who prefer working out in a gym. Meanwhile, STEPN has erected big barriers to participation – users must purchase expensive non-fungible token (NFT) trainers in order to start earning.
Enter FightOut, the next evolution of a move-to-earn cryptocurrency platform. FightOut is a brand new web3 fitness application and gym chain that rewards its users for working out, completing challenges and competing within a first-of-its-kind fitness metaverse.
FightOut takes a more holistic approach to tracking and rewarding its users for their exercise and activity, and doesn’t require any expensive buy-ins to take part. FightOut also seeks to combine the physical and web3 worlds. The project aims to eventually acquire gyms across all of the world’s major cities, whilst simultaneously promoting an integrated web3 fitness experience.
At the center of FightOut’s digital ecosystem will be its smartphone application which, according to FightOut’s whitepaper, is scheduled for launch in Q2 2023. The FightOut app will harness smartphone
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