Crypto Experts Believe This New Move-to-Earn Project is Better than STEPN and Sweatcoin – Here’s Why
The move-to-earn (M2E) cryptocurrency niche has been exploding in the last few years. Get rewarded financially for adopting a healthier, more active lifestyle – what a great idea! Crypto projects like STEPN and Sweatcoin, both of which reward users based on GPS-tracked movement and step counts, have already achieved a reasonable degree of mainstream success. Sweatcoin has 120 million registered users, according to its website. STEPN, meanwhile, maxed out at around 700,000 daily users back in May, but still remains popular.
But both platforms have a significant drawback. They are only focused on rewarding their users for movement and steps. That means users don’t accrue rewards for a whole host of other types of exercise, such as working out in the gym.
FightOut, the new kid in the crypto M2E niche, is looking to change that.
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. The fitness-focused crypto ecosystem hopes to succeed where its older, more established competitors like StepN have failed in appealing to a broader non-crypto native consumer base, thus driving web3 adoption through the medium of fitness.
FightOut 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 and wearable technology to measure and track physical performance. The app will
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