Audit firm CertiK Crypto just approved this new project Here’s what you need to know

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Source: Twitter/FightOut

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The FightOut (FGHT) presale has now raised over $2.2 million, following news that the move platform has received verification from blockchain audit firm CertiK. CertiK’s security assessment found no critical vulnerabilities in FightOut’s code, with two other lesser-severity potential vulnerabilities being mitigated by FightOut as part of the assessment.

This verification by CertiK effectively provides FightOut with a healthy bill of health for its upcoming launch, which is slated for the second quarter of the year. At the same time, he also provides investors in his pre-sale with the assurance that the project is completely legitimate and serious about adding value to his community.

Audit Firm CertiK Crypto Just Approved This New Project – Here’s What You Need To Know

As part of its security audits, CertiK classifies vulnerabilities and potential issues into five categories.

At the top of these are “critical” vulnerabilities, which “impact the safe operation of a platform and must be addressed before launch”, with users strongly advising against “investing in a project with exceptional critical risks”. It is reassuring to note that CertiK did not find any such problem during its assessment.

Source: CertiK

Of the three categories below “critical” – “major”, “medium” and “minor” – CertiK found only one, related to how the total supply of 10 billion FGHT tokens is originally distributed. The FightOut team responded as part of the report stating that the 10 billion tokens “must be sent to a single wallet as from there they will be distributed to the appropriate pools”, with between 6 and 9 billion going at the presale. smart contract, and with the other billion going to exchanges for signups.

The only other defect discovered by CertiK belonged to the fifth category and the least serious. This was an “informational” glitch with how a particular line of code was written, a flaw that the FightOut development team immediately fixed in response to CertiK’s notification.

Once this evaluation is complete, investors can continue to participate in the FightOut pre-sale vault knowing that it is a secure token offering. And it seems many investors are doing just that, now that the sale has raised a total of $2.29 million so far.

Interested traders can participate in the sale by visiting its official website and connecting their WalletConnect or MetaMask wallets, and from there they can use ETH or USDT to buy FGHT. The sale price is currently 60.06 FGHT for $1, although it will increase in the next stage of the sale.

The sale is also currently offering bonuses of up to 50% to early investors, helping them get their hands on additional FGHT before they go public.

It is likely that many investors will seize this opportunity, given FightOut’s promising fundamentals. These relate to how comprehensive and rewarding its move-to-earn fitness app will be when it launches in the second quarter of 2023.

Rather than simply rewarding actions taken STEPN-style, FightOut’s platform will reward its users for participating in a much wider range of activities and workouts, strength training, mobility, yoga, meditation, boxing and many more.

Sessions and classes can be taken in the app or at local FightOut gyms, with FightOut planning to open up to 20 of its own gyms around the world, while also affiliating with many other health centers.

As for the rewards, they will be distributed in the form of FightOut’s second native token, REP. REP can be used to purchase in-game items and remote workouts with trainers, while he and FGHT can be used to pay FightOut’s monthly subscription fee.

Other great features include FightOut’s sport-specific programs, including technique-focused classes. The first of these will be his boxing class, which will involve a series of in-app videos with elite-level trainers teaching users the basics of the sport.

On top of that, FightOut will also feature a social media-style element, involving shares, status updates, comments, and likes. In the more distant future, it will also open health bars, content studios and coworking spaces, which means its ultimate goal is to develop a strong sense of community for its users.

This shows just how ambitious the FightOut team is, as do other planned features including staking, limited edition NFTs, NFT-based user avatars, player versus player contests, and (eventually) the FightOut’s own metaverse.

After the presale of FGHT

The presale of FGHT is expected to end in the first quarter of next year, when the altcoin will begin to see its first exchange listings.

Based on other big pre-sales in 2022, FGHT could rise significantly beyond its sale price when it goes on sale next year. To take two of the most notable examples, Lucky Block (LBLOCK) and Battle Infinity (IBAT) posted returns as high as 6000% and 3000% from initial presale prices of $0.00015, while Tamadoge (TAMA) rose 1,800% upon listing. on OKX in October.

This shows that the bear market has not dampened investors’ appetite for good pre-sales. And with strong fundamentals that will do well to drive the move-to-win industry forward, FightOut could end up being one of the biggest new rosters of 2023.

Visit FightOut now

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