UFC Partner Fight.ID Raises $183M in $FIGHT Token Presale

The Fight token, developed by the Fight Foundation in partnership with FightFi and officially tied to the UFC via Fight.ID, has concluded its second presale phase with a record $183 million raised, vastly surpassing its initial $1.5 million target. This Solana-based token aims to revolutionize combat sports fandom by enabling fans to engage more deeply through governance participation, staking, payments, and fantasy-style prediction markets linked to UFC events. The token’s ecosystem, licensed through Concept Labs, is designed to foster fan loyalty and digital ownership, featuring a capped supply of 10 billion tokens distributed among community incentives, investors, the core team, liquidity, and advisors. Following a successful initial presale on Binance Smart Chain that raised $15.7 million, the project has attracted substantial investor enthusiasm and is positioned to connect combat sports with blockchain technology in an immersive way. UFC's official endorsement and the strategic use of the Solana blockchain’s fast and low-cost transactions set the stage for a transformative fan experience that includes exclusive merchandise and interactive digital assets. However, market volatility remains a risk, as demonstrated by similar token launches in the sports crypto space.