The world of fitness and health is constantly evolving, and the latest trend is the rise of move-to-earn (M2E) fitness apps. These apps allow users to earn rewards for their physical activity, providing additional incentive to exercise and stay healthy.
According to a recent market reportThe global move-to-earn fitness apps market size was valued at $391.7 million in 2021 and is expected to grow at a CAGR of 18.3% through 2030.
This growth is driven by a number of factors, including increasing smartphone usage, rising healthcare spending, rising obesity prevalence, and a rising percentage of athletes.
The market is also being driven by the introduction of modern technologies such as machine learning, artificial intelligence, and augmented reality in the field of health and fitness. These technologies are allowing individuals to exercise at home instead of going to gyms and fitness clubs, and are also driving the adoption of wearable devices.
However, the market is not without its challenges. Factors such as lack of digital literacy and skills, trust barriers with regard to network coverage and security as well as data privacy are impeding growth in certain sectors.
Nevertheless, the sudden outbreak of COVID-19 has significantly changed people’s views on healthy lifestyle, with a large population opting for home fitness apps to track activities and earn rewards.
In this sea of fitness apps to earn money, one stands out: Fight Out. This innovative platform combines smart technology, blockchainand community to empower health and fitness enthusiasts like never before.
With personalized training plans, rewards for physical activity, and a supportive community, Fight Out aims to change the way we think about fitness. Keep an eye out for their launch in 2023, as they plan to open physical gyms around the world with state-of-the-art equipment, Web3-connected technology, and an ambassador program featuring top athletes.
How typical gyms and move-to-earn fitness apps fail
as noted IHRSATraditionally, many people struggle with committing to a regular fitness routine, with gyms typically losing around 50% of new members within the first six months of signing up. Lack of progress, motivation and community are cited as some of the main reasons for this high turnover rate.
Members often experience initial results, known as ‘noob gains’, but progress inevitably slows and members lose motivation without consistent and measurable short-term goals. A lack of knowledge, guidance and personalization of workouts also causes members to freeze, leading to muscle imbalances and joint issues that hinder progress.
Furthermore, traditional gyms are often viewed as secluded and isolated places, lacking the sense of community that is essential to motivation and progress. Boutique fitness solutions have grown in popularity in recent years, but they can be expensive and injury-prone without proper personal monitoring and tailored workout plans.
The sedentary lifestyle many of us lead, whether due to prolonged sitting at a desk or increased screen time during leisure, also contributes to the rise of health issues such as obesity, heart disease and diabetes.
However, with the emergence of Web3 and M2E technologies, a new opportunity has arisen to rectify these shortcomings in the fitness industry. Fight Out is a company looking to revolutionize fitness by offering a holistic approach through its innovative Move-to-Earn (M2E) app and gym network.
How the Fight Out Move-to-Earn fitness app battles isolation and motivation issues
The Fight Out Move-to-Earn fitness app provides a holistic approach to training regimes, taking into account not only strength and cardio, but other aspects of wellness as well.
One of the unique features of Fight Out is the NFT avatar that represents a user’s fitness profile, which is tied to the soul and cannot be sold or traded. Users earn REPS tokens by completing exercises at home or in the gym, and can also earn additional REPS through competitions against other users. These tokens can then be used to redeem discounts on app subscriptions PaymentGym memberships, personal training sessions, and even merchandise such as apparel, supplements, and training equipment.
Fight Out also plans to open physical gyms around the world, with the first set to open in the fourth quarter of 2023. These gyms will have state-of-the-art equipment and services, as well as Web3-integrated features such as ‘mirrors’. ‘ which shows the user’s digital fitness profile and the sensors that track workouts. These gyms will also serve as community hubs where users can connect with each other and participate in exclusive programs and masterclasses led by renowned boxers and athletes who are part of Fight Out’s ambassador program.
Fight FGHT Presale heating up with huge bonus
The Move-to-Earn fitness app’s unique ability to track any type of physical activity, along with its NFT avatars and social contest feature, sets it apart from other M2E programs. Fight Out’s real-time tracking of user performance and their personal avatar, allows users to monitor and track their progress on strength, cardiovascular endurance and more.
The app also allows for social competition between friends, so users can strive for common goals together. Once a user reaches their goals in reality, their avatar levels up, which prepares them for possible battles against other users’ avatars to earn rewards.
Investors flock to Fight Out’s $FGHT cryptocurrency, with its promising concept and impressive presale bonus of up to 50%. With partners such as LBank Labs, Cryptonews.com, Transak, and BlockMedia Labs providing financial and operational support, the project is set for success and has already raised over $3.1 million.
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