Solana News Today: "FIGHT Token Soars by $183M, Marking the Rise of a Sports Ecosystem Driven by Fans"
- FIGHT token's $183M presale on Solana exceeds $1.5M target by 12,000%, driven by Holoworld's 1% token allocation and 500K+ UFC-linked registrations. - Fight Foundation's ecosystem combines DeFi mechanics with UFC integration, using Fight.ID's verified digital identities to enable fan rewards and governance participation. - Tokenomics prioritize community incentives (57%) over investors, leveraging Solana's low-cost blockchain to address crypto volatility concerns through utility-driven value. - Project f
The FIGHT token, a leading Web3 asset for combat sports created by the Fight Foundation and FightFi, has far exceeded expectations by raising $183 million—an increase of more than 12,000% over its $1.5 million goal, according to a
This achievement follows a highly successful first phase on BSC, where $15 million was raised—twenty times the original target—before moving to
The Fight Foundation’s roadmap is focused on turning passive viewers into active contributors. The ecosystem features FightHub (a platform for fan and athlete interaction), Prize Fight (a rewards pool based on performance), and Fight Gear (exclusive merchandise for token owners). At the core is Fight.ID, a verified digital identity system that lets users earn Fighting Points (FP), collect NFTs, and participate in governance decisions.
The project’s partnership with UFC has significantly boosted its profile. Fight.ID’s integration into UFC events, including visibility inside the Octagon, has provided ongoing exposure, while Solana’s fast and cost-effective blockchain enables scalable, real-time engagement. A Fight Foundation representative stated, "The level of demand has been incredible—fans worldwide are eager for a new, interactive, and rewarding sports experience," as highlighted by FinanceFeeds.
The tokenomics of FIGHT add to its attractiveness. With a maximum supply of 10 billion tokens, the allocation favors community rewards (57%), investors (17.5%), and liquidity (6.5%), according to
Nonetheless, the project must navigate challenges common to highly anticipated crypto launches. Recent offerings like Plasma’s XPL have experienced significant price swings, with XPL dropping over 80% in just a month, a trend noted by CoinDesk. FIGHT’s team recognizes these risks and stresses the importance of transparency and lasting utility to help maintain value, as reported by FinanceFeeds.
With development progressing, FIGHT is preparing for its public token launch and the rollout of its ecosystem, including upcoming announcements about exchange listings and staking options, according to FinanceFeeds. The project’s achievements mirror larger movements in Web3 adoption, such as growing institutional interest in Solana, which has been strengthened by the recent introduction of U.S. spot ETFs that attracted $37 million in early investments, as reported by
For those investing, FIGHT offers more than just a sports token; it serves as a model for decentralized fan ownership. By combining DeFi features with real-world sporting events, it is reshaping loyalty, engagement, and value creation in a sector ready for transformation, FinanceFeeds concluded.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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