FightFi vs MegaETH Fundraising Performance Comparison Analysis
Core Findings
FightFi's first round of funding exceeded its target by 8.6 times ( 21 times oversubscription), but the second round is still underway. Neither project has officially launched , so actual investment returns cannot be compared at this time.
Oversubscription comparison of fundraising
| project | Round | Oversubscription multiples | Amount of funds raised | state |
|---|---|---|---|---|
| FightFi ($FIGHT) | Phase 1 (BNB Chain) | 21 times | $15.75M | Completed |
| FightFi ($FIGHT) | Phase 2 (Solana) | Data pending | not disclosed | In progress (Oct 27-30) |
| MegaETH ($MEGA) | Public Sale | 3 times confirmation | ~$50M | ~$150M total bid |
FightFi Crowdfunding Details
Round 1 (BNB Chain) : Oversubscribed by 21 times (8.6 times the standard), raising $15.75 million. Demand far exceeded expectations; therefore, funds were allocated proportionally and excess funds were returned. x.com
Round Two (Solana, launched October 27) : As of October 29, it was still ongoing, having run for only about two days. Final oversubscription data has not yet been released . Early indications suggest strong demand, with priority given to $HOLO stakers and a Twitter content reward pool offered. x.com
MegaETH fundraising performance
Public offering : Sold out within 5 minutes on the Sonar platform, confirming an oversubscription of 3x (total bids ~$150 million vs. the $50 million cap). Some reports mention 8.9-12.5x, but these are unconfirmed peak figures. x.com
Investment return potential analysis
Expected return comparison
| project | Current Status | Expected return on listing | Basic basis | Risk factors |
|---|---|---|---|---|
| FightFi | Pre-TGE | No clear prediction | Official UFC partnership, with a fan base of over 700 million. | Sports token market volatility |
| MegaETH | Pre-TGE | 5-6 times | Futures price $0.50 vs. selling price $0.0999 | L2 competition is fierce, and execution risks are high. |
Key differences
FightFi Advantages :
- An official UFC partner for many years, holding exclusive Web3 rights until 2028.
- The 21-fold oversubscription indicates extremely strong market demand.
- With 500,000 registered users, the actual user base is [not specified].
MegaETH Advantages :
- Endorsed by top investors such as Vitalik Buterin
- Based on clear expected returns (5-6 times) in the futures market
- Technical commitment: >100,000 TPS, <10ms latency
Important restrictions
⚠️ Important Reminder : Both projects are in the Pre-Token Generation Event (Pre-TGE) stage , with an estimated launch time of:
- FightFi: November 2025
- MegaETH: Q4 2025
Actual investment returns cannot be compared at present ; all data is based on:
- Fundraising performance and market demand
- Futures market pricing (MegaETH only)
- Historical performance prediction of similar projects
in conclusion
FightFi's first round of oversubscription reached 21 times, far exceeding the standard of 8.6 times , but data for the second round is still being compiled. Regarding actual investment returns, since neither project has officially launched trading, we can only speculate based on futures pricing and market expectations , making a definitive comparison impossible. We recommend continuing to monitor the TGE timeframe and actual launch performance of both projects.