MMA Fan Token $FIGHT Presale on Solana’s Holoworld Exceeds Target By 12,000%

Fight.ID presale surpasses target by 120X as its native token, $FIGHT, raises $183 million on Holoworld. This comes as the parent company saw increased visibility across UFC matches, leading to an uptick of combat sports fans in crypto

Announced Thursday, $FIGHT, a combat sports utility token helping fans build digital identities on-chain, has raised $183 million in its Phase 2 Presale, surpassing the initial target of $1.5 million. The $FIGHT presale Phase 2 completed today on Holoworld, a Solana launchpad, showing increased demand for fan tokens in the MMA world

As a result, FIGHT, the app, reported more than 500K app sign-ups with Fight ID, topping up to the successful funding round. Fight ID provides fans and fighters a portable, on‑chain identity that helps them identify in the community, build a reputation, and own the sport

The token is developed by Fight Foundation, in conjunction with FightFi, to build an ecosystem that unites combat sports fans. Following the end of Phase 2 presale, participants will share 1% of the total $FIGHT supply (100 million tokens) and will be able to utilize the token on the platform As the utility token, $FIGHT is used to incentivize fans, claim rewards, buy merchandise on FightID, and engage with combat sports fans, with other utilities set to be added in the future

The presale was launched on Holoworld on Solana, leveraging the fast speeds and low cost of the blockchain. The first presale was on BSC, also successfully raising more than the team planned, with over $15 million in demand, exceeding its original target by over 20x.

Phase 1 participants were refunded by Holoworld before the launch of Phase 2 presale on Solana, a statement from Holoworld confirmed

A Striking Partnership With UFC

The presale demand is heavily influenced by FightID’s partnership with the UFC, which was announced in September. The partnership offers recurring visibility for the platform and its token, building a presence amongst UFC fans every match week

According to its website, the partnership will allow Fight to be “promoted in the same rhythm that UFC cards are announced, marketed, and broadcast”. This means the company can tap into the millions of UFC fans and combat sports audiences watching around the globe during the marketing period, weigh-in day, and fight day. Additionally, it provides a gateway for new audiences to join the crypto ecosystem through a fun, competitive, and interactive channel

The goal is to drive fans to complete small actions that stake their claim in the fight world, such as creating a FightID, earning fighter points (FP), and learning how to use $FIGHT inside prediction markets, staking, and fighter communities

Uniting global fans through $FIGHT

The UFC partnership drives new, mainstream combat sports fans into crypto natives. The company, however, targets a larger goal of transforming real-world fights into on-chain events. This opens a world of possibilities in predictions, fan support, and content creation in combat sports

The $FIGHT token revolutionizes how fans interact with the sport, giving them the opportunity to directly participate in the sport they love. The token has been designed to unite global fighting fans, capturing the thrill of combat sports and unlocking new ways for fans, athletes, and creators to participate. The token bridges the passion for martial arts and digital assets, introducing millions of people to Web3

According to its roadmap, the project will develop Fighthub, a platform for fan loyalty programs; the Fight.ID system for wallets and digital identities; Prize Fight, a dedicated reward fund tied to each athlete’s journey; and Fight Gear, high-end clothing available only within the FIGHT network. This gives extra utility for the $FIGHT token

The launch of $FIGHT will empower fans to participate through an ecosystem defined by identity, reputation, and ownership, the three key pillars of the project

Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.