This Move-to-Earn Project Takes Fitness and Gyms Into the Metaverse And CME May Be Taking Notice
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The New Web 3.0 health and wellness platform Fight Out is set to revolutionize the fitness space with a new move-to-earn (M2E) model that incentivizes and rewards users for being proactive. The project is in its first presale stage and has raised over $2.79 million in its presale in a matter of weeks.
Last week, CME Group, one of the largest derivatives markets in the crypto space, announced that it would partner with CF Benchmarks to launch three new metaverse reference rates.
The announcement confirmed that both companies would publish prices of three new metaverse coins – Decentraland's MANA, Chiliz's CHZ, and Axie Infinity's AXS. Both companies will publish real-time asset rates, taking data from several top-rated cryptocurrency exchanges and trading platforms.
The news underscores increased attention to metaverse tokens being paid by large institutional players. And, given that the FGHT token aims to bring fitness to the metaverse, the asset could benefit significantly from the move.
Fight Out is a new, innovative M2E project that allows users to earn while they work out. The platform, unveiled in late 2022, takes fitness and gyms into the metaverse with an immersive virtual world experience that improves users' fitness journey and allows them to participate in the future of human interaction.
Looking to disrupt the $96 billion-a-year fitness and health industry, Fight Out operates a model that enables users to work out and rewards them for doing so. Its first access layer is its mobile app, which offers access to a library of on-demand workouts and routines.
With the Fight Out
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