He fight Presale continues to secure investment at a rapid pace with over $3.6 million raised for the new move to win project.
Nearly $150,000 worth of FGHT was bought over the weekend with cryptocurrency buyers excited about how the M2E project is set to disrupt the fitness space and also their plans to build actual gyms.
Investors are also buying sooner rather than later to take advantage of the lower prices and up to 50% extra in bonus tokens.
The FGHT price rises every 12 hours to a maximum of $0.0333 on March 31, 2023, when the pre-sale ends.
That means those investing at the time of writing will have an asset that has appreciated by more than 80% prior to its IEO.
Investors earn bonus tokens based on the size of their purchase and the length of time they choose to vest their tokens.
For example, as of this writing, an investor who purchases $499 worth of FGHT and chooses the minimum purchase period of three months will return 27,149 tokens.
Whoever buys $500 will receive an additional 10% and then an additional 10% for the lock for six months, returning 32,578 tokens.
Revolutionary fitness app in development
Excitement is also building around the Fight Out app, which is set to revolutionize the multi-billion dollar fitness industry.
The M2E niche is relatively new, but it hasn’t fully taken off among the general public yet.
Fight Out will change all that with an app that uses smart technology to create a digital fitness profile and reward users for working out at home or at the gym.
Instead of just following steps, Fight Out will include movement, effort, sleep, and nutrition into its algorithm and personalized training programs for users.
Users earn REPS, a second off-chain token, for completing exercises, and REPS are used to get discounts on gym memberships and app subscriptions, book personal trainers, or buy clothing and equipment.
Fight Out is also scouting locations for its first real-world gym, with plans to open in late 2023.
The project, which has been developed by a doxxed and KYC verified team, has also attracted four world-class athletes to act as ambassadors, with a recent AMA hinting that more are on the way.
Athletes included UFC couple Amanda Ribas and Taila Santos, American ninja warrior Tremayne Dortch and former boxing world champion Savannah Marshall, who will likely take on Claressa Shields in a rematch of the most-watched women’s bout this summer.
Fight already in three exchanges
Fight Out announced last week that leading exchange BKEX will list the token joining previously confirmed exchanges LBank and BitForex.
The trio of exchanges each boast over $1 billion in 24-hour trading volume with more listings expected in the coming weeks.
The bonus scheme will run during the pre-sale and investors are also offered four levels of membership, with other benefits.
The project, which is also running a $250,000 FGHT token giveaway, has allocated 30% of the tokens for presale, 15% for bonuses, and 5% for exchange liquidity; the remaining 50% will be unlocked over five years.
Interested investors should read the White paper and join the fight telegram for the latest news.
Disclaimer: The Industry Talk section presents information from crypto industry players and is not part of the editorial content of Cryptonews.com.