STEPN made waves in the crypto markets last year, with the promise of a fitness revolution fuelled by reward-based exercise gaining huge traction.
But initial hopes gave way to huge disappointments.
STEPN project growth quickly slowed to nothing - as the intended mainstream adoption of this Web3 dApp was plagued with issues.
From insanely expensive barriers to entry - that saw a capital requirement in the thousands to get started with an NFT sneaker.
To collapsed $GMT token economics, that were stifled by a transaction heavy pay-2-win in-app economy.
STEPN's failure was a product of its own greed.
Remain investors ebbed away in droves as earnings became miniscule, and the one-dimensional pedometer tracking failed to hold attention.
Since the disintegration of STEPN's ecosystem, the Move-2-Earn sector has been in a period of silence.
But one project is out to shake the sector up as huge market traction has seen a lightening $5.45m presale fundraise.
Setting out to change the game is Fight Out.
An exciting new M2E ecosystem, that seeks to take users on a journey to become the ultimate fighter.
Fight out was built with the ethos of creating an accessible platform for the gamification of fitness.
The team are focused on simultaneously helping users to progress both their health and finances. With a user-centric platform boasting a rich ecosystem of challenges, stat training, sports betting, and in-person perks.
The STEPN system utilised phone pedometers to reward step count, but this saw poor app stickiness as the one-dimensional reward system bored users.
But Fight Out developers have created an innovative new system that can measure all types of exercise.
Users progress is tracked and rewarded using a blockchain powered app that measures
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