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The FightOut (FGHT) presale has now raised over $2.17 million, barely a week after beginning. This total stands as a significant market endorsement for the Ethereum-based move-to-earn Web3 app, which will reward users for participating in workouts and leading a healthier lifestyle when it launches in Q2 2023.
With M2E platforms such as STEPN and Sweatcoin having a strong 2022, FightOut's comprehensive range of features promises to put it at the forefront of a rapidly growing sub-sector. And once its presale ends next year and its FGHT token lists on exchanges, it also promises to help early investors make a market-beating profit.
While major tokens such as Bitcoin and Ethereum have recorded overall losses in 2022, move-to-earn tokens such as STEPN (GMT) and Sweatcoin (SWEAT) have actually gained since launching this year. According to CoinGecko, GMT is up by 196% since launching in March and SWEAT is up by 46% since listing in September, even with the downturn the wider market has seen.
In other words, move-to-earn represents one of the most promising new areas in crypto, and it's precisely into this area that FightOut has emerged.
What's most exciting about FightOut is that, rather than just rewarding steps taken in the manner of STEPN, it will reward its users for participating in a much wider range of activities and workouts.
Due to go live in the second quarter of 2023, FightOut will feature on-demand workout classes and live sessions, with workouts including weight training, mobility, yoga, meditation, boxing, and many more. These can be attended in-app or at local FightOut gyms,
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