• Fight Out is a move-to-earn fitness platform that combines advanced Web3 technology, secure blockchain rewards, and a dynamic community.
• The global M2E fitness apps market was valued at $391.7 million in 2021 and is expected to grow at an 18.3% CAGR up to 2030.
• Fight Out plans to launch Web3-powered gyms worldwide and a star-studded ambassador program in 2023, aiming to revolutionize the traditional fitness industry
Introduction
A new trend in digital fitness has emerged with the surging popularity of move-to-earn (M2E) apps, potentially transforming the traditional fitness industry. Market reports show the global M2E fitness apps market was valued at $391.7 million in 2021, and is expected to grow at an 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 widespread adoption of smartphones, increasing healthcare spending, growing obesity rates, and more athletes using these apps. Amid this growing market stands Fight Out – a pioneering innovator looking to solve current issues around digital literacy, security, data privacy and more with its advanced tech solutions combined with blockchain rewards and a vibrant community.
Fight Out’s Solutions
Fight Out looks to provide individuals with personal training plans and rewards for physical activity via its “fitness coin” system – enabling users to exercise safely from home when they can’t make it outside or are concerned about COVID-19 health risks. In addition to this cryptocurrency system, Fight Out also offers cutting edge technologies such as machine learning, AI, augmented reality — all set up within their own secure Web3 powered gyms worldwide by 2023 alongside their star-studded ambassador program. All these feature come together allow them provide individuals with an innovative approach towards maintaining their health & wellness goals backed by reliable technology & tools alongside social support from others within the same field who have similar interests & goals – allowing for better sustainability over time as opposed their peers within the traditional gym setting which often lack progress tracking or social connection opportunities between members taking part in exercises/classes offered there .
Current Issues With The Fitness Industry
The International Health Racquet & Sportsclub Association (IHRSA) reported that many people find it hard maintain a consistent routine when it comes exercising – leading them drop out after just six months due things like lack progress/motivation/social support coming along journey.. Another issue faced today is digital illiteracy – especially those who aren’t comfortable using technology or don’t know how access certain features available on platforms such as Fight Out due lack knowledge on subject matter while security concerns still unresolved when comes data protection measures being taken care of either side (user device provider). And lastly pandemic has further accelerated need for digital solutions since people are now looking safe yet convenient ways stay active without having risk infection going public places like gym clubs etc..
Conclusion
Fight Out seeks be solution many problems face today when comes maintaining healthy lifestyle through physical activity opt for digital methods instead opting traditional ones which may pose potential health risks during times like these along aforementioned challenges listed above that have led so much reluctance from consumers trying out new products services related this field . By combining advanced web 3 tech blockchain based reward systems vibrant community , they aim revolutionize how we look upon keeping fit our day day lives both home away while providing users personalized experience they deserve regardless skill level or background knowledge one might possess .
Final Thoughts
The future definitely looks bright this industry given recent developments trends being seen across board whether it comes innovations cutting edge tech like ML AI AR , increase healthcare spending combatting obesity rates among other factors playing role pushing boundaries forward . While there will always be some sort resistance change certain quarters no doubt that movement sparked by companies such as FightOut will only continue momentum this direction well into foreseeable future .