• Fight Out is a pioneering innovator in the move-to-earn fitness apps and “fitness coins” market, valued at $391.7 million and expected to grow at an 18.3% CAGR up to 2030.
• The platform plans to launch Web3-powered gyms worldwide with personal training plans and rewards for physical activity, as well as a star-studded ambassador program.
• Fight Out aims to revolutionize fitness with cutting-edge tech, secure blockchain rewards, and a global fitness community.
Overview of the Move-to-Earn Fitness Apps Market
The global M2E fitness apps market was valued at $391.7 million in 2021, and is expected to grow at a staggering 18.3% CAGR up to 2030, with cryptos in the form of „fitness coins“ helping to drive the excitement. This growth can be attributed to several factors including the widespread adoption of smartphones, growing healthcare spending, increasing obesity rates, and growing number of athletes using these apps. Innovations in technology such as machine learning, AI, and augmented reality have also fueled this shift towards digital fitness enabling users to exercise at home when they can’t make it to the gym or are concerned about COVID-19.
Issues With Current Move-to-Earn Fitness Apps
The IHRSA reported that many individuals struggle to maintain their routine resulting in gyms losing half of their new members within six months due lack of progress, inspiration or social support provided by traditional gyms or M2E apps currently available on the market facing issues such as digital illiteracy security issues data privacy etc.. The Covid pandemic has only accelerated this trend further making people look for safe ways for exercising from home .
Fight Out: Revolutionizing Digital Fitness
Fight Out stands out among current solutions looking into solving these issues combining advanced web 3 technology , secure blockchain rewards and a dynamic community aiming for revolutionizing digital fitness with personal training plans , rewarding physical activity through its own tokens (Fitness Coin )cutting edge tech and thriving global fitness community . It plans on launching web 3 powered gym’s worldwide along with its star studded ambassador program in 2023 .
Conclusion
Fight Out provides an innovative solution that looks likely to transform traditional fitness industry by offering users personalised training programs , rewarding them through cryptocurrency ( Fitness Coin) while providing them access to state of art technologies securely underpinned by blockchain networks .
References
IHRSA – https://www.ihrsa.org/