FIGHT previously completed a public offering with a FDV of $150 million and a token price of $0.05.
Written by: Mahe, Foresight News
On January 22nd, the FIGHT team announced a 100% refund to all ICO participants while retaining the airdrop mechanism. After the ICO funds are refunded, tokens will be airdropped to: ICO participants (BNB Chain and Solana), x402 Fighter Pass holders, Holler Campaign participants, and HOLO stakers. Tokens will be available for claiming in the FIGHT airdrop at 20:00 today. All claims will be made in a non-custodial manner. Users must meet the following conditions to claim the FIGHT airdrop: complete the "Airdrop Preparation Task" on the Fight.ID platform, and have held minted FP (Fight Points) in their account as of January 19th.
The sports combat token FIGHT, led by Fight.ID, completed its ICO in October 2025, raising $183 million, an oversubscription of nearly 122 times. Currently, FIGHT has been added to Coinbase's listing roadmap, and Binance Alpha will also list FIGHT on January 22nd; details on points redemption will be announced later. Bybit spot, Alpha, and Byreal have also simultaneously listed FIGHT (FIGHT). Previously, FIGHT's public offering had a FDV of $150 million, with a token price of $0.05.
Fight.ID is the parent project of the FIGHT token, positioned as a bridge between MMA and Web3. It has established multiple partnerships with the UFC (Ultimate Fighting Championship) and promotes ecosystem development through the Fight Foundation. The project leverages the high performance of the Solana blockchain to create a complete sports interaction system, including identity authentication, reputation points, and ownership layers.
Specifically, the FIGHT ecosystem consists of a three-layer architecture:
- Identity Layer (Fight.ID): Users register using app.fight.id to establish an on-chain identity, supporting connections to Solana and EVM wallets. New users can receive 250 FP (Fight Points) as an introductory reward.
- Reputation Tier (FP): Similar to a points system, users accumulate FP by participating in UFC event predictions, mini-games (such as the "Take Your Punch" boxing challenge), or Discord interactions. FP determines a user's status within the ecosystem, such as access priority or membership upgrades.
- Ownership Layer (FIGHT): The token serves as a governance and utility tool for staking, payments, and decision-making. Users can join on-chain fan clubs and stake FIGHT to unlock exclusive content such as athlete AMAs, watch parties, merchandise drops, and access to licensed collectibles.
Founded around 2023 and headquartered in the United States, Fight.ID's founding team members mostly have backgrounds in sports digital transformation. The core leader of the team is co-founder and CEO James Zhang. He has extensive experience in sports entertainment and blockchain, having led the development of multiple digital collectible projects. Zhang's team has collaborated with the UFC for the past three years, responsible for building the official UFC digital collectible platform, such as the UFC Strike series, which has generated over $20 million in sales revenue.
The person in the very center is the project CEO, James Zhang.
Total supply: 10 billion tokens, with 85 million tokens airdropped.
On January 18, FIGHT announced its token economics, stating that the total supply of tokens is 10 billion, with a fixed cap and no inflation mechanism.
Of these, the community accounts for 57.0%, the core team 15.0%, advisors 4.0%, liquidity providers 6.5%, and investors 17.5%. At project launch, the estimated circulating supply is approximately 20.50% (2.05 billion tokens), with the community portion accounting for 15.5% (1.55 billion tokens), the liquidity portion accounting for 5% (500 million tokens), and all other categories (team, investors, advisors, etc.) fully locked.
According to official documentation, holding FIGHT unlocks exclusive fighting content, priority access to features, platform privileges, and priority in community programs. Token holders can also participate in governance, voting on fund allocation, token distribution plans, ecosystem grants, and protocol parameters through the DAO (Decentralized Autonomous Organization).
A portion of the net proceeds flows into the DAO treasury in the form of a "FIGHT". The DAO allocates the proceeds to the following areas:
- Token and ecosystem support – a DAO-guided initiative to enhance the token and platform.
- Ecosystem grants – driving new product launches and user growth
- Liquidity operations – providing a smooth onboarding experience for mainstream fans.
The FIGHT roadmap is divided into five phases. The first phase (before TGE) involves releasing emissions and control guidelines, expanding the Fight.ID functionality, activating UFC acquisition and retention channels, and completing the distribution of UFC Strike gifts. The second phase (after TGE) involves launching the staking function, activating the Prize$Fight bounty, and supporting FIGHT payments with UFC-related partners.
The third phase (Q2-Q4 2026) plans to distribute UFC Strike gifts three times, increase engagement through seasonal events, and expand exchange coverage; the fourth phase (Q2-Q3 2026) will expand the athlete community, provide dynamic bonuses and benefits, and integrate FightGear with UFC events.
