Join Our Telegram channel to stay up to date on breaking news coverage
Boxing and Sports fans are waiting for the match between Mike Tyson and Jake Paul.
A new meme coin is using the boxing match and the two celebrities in its storyline. Let us find out why Fight Night could potentially surge in price as the date for the boxing match gets closer.
The Hype Around Mike Tyson and Jake Paul Match
The fight between Mike Tyson and Jake Paul has been rescheduled for Friday, November 15, 2024, at the AT&T Stadium in Arlington, Texas. The event will be streamed live on Netflix platform.
Tyson had to pause his training due to an ulcer flare-up. He spoke about his gratitude to the medical staff and the event organizers for rescheduling the match.
“I am thankful to the medical staff that treated me and to MVP, Netflix, and AT&T Stadium for working diligently to find the best reschedule date for all parties,” Tyson stated.
The excitement surrounding this fight is very high, and it is a golden opportunity for Fight Night.
https://x.com/FightNight_eth/status/1800343649768947984
Tokenomics: The Backbone of Fight Night
Fight Night’s tokenomics are designed with the community in mind. Here’s how the project is allocating the tokens.
Token Allocation
- Private Sale: 2% (4 billion tokens) – Allocated for early backers and private investors.
- Presale: 24% (48 billion tokens) – Available for public purchase during the presale phase.
- Staking: 24% (48 billion tokens) – Reserved for staking rewards to incentivize long-term holding.
- Marketing: 10% (20 billion tokens) – Dedicated to promoting the coin and expanding its reach.
- Listing and Liquidity: 10% (20 billion tokens) – Ensuring liquidity and supporting exchange listings.
- Development: 12% (24 billion tokens) – Funding ongoing development and improvements.
- Project Fund: 15% (30 billion tokens) – Used for project-related expenses and unforeseen costs.
- Donation: 3% (6 billion tokens) – Contributed to various charitable causes.
Advanced Staking Features
Fight Night has also released its staking platform. Let us understand how investors can benefit from this staking feature.
The team will distribute staking rewards at a rate of 570.77 $FNIOhip tokens per Ethereum (ETH) block. The rewards are dispersed over a period of one year.
Staking Details
- Withdraw Staked Tokens: Investors have the flexibility to withdraw their staked tokens at any time.
- Estimated Rewards: A good rate offering up to 56908% per annum.
The staking features make staking easier for investors who are doing this for the first time.
Detailed roadmap
Fight Night’s plans begin with the creation of a catchy storyline and raising initial funds. The project has already created the storyline and is in the process of raising funds.
In the second phase, Fight Night launched its official website, released smart contracts, and published its whitepaper. Additionally, the project has now introduced a staking mechanism. This will allow the holders to earn a passive income with their coins.
In the last phase, Fight Night aims to achieve one million active users, 100,000 token holders, and one million community supporters.
To join the ICO and purchase FNIO tokens, visit the official Fight Night website. Ensure you use the correct link to avoid fraud. You can buy tokens using ETH, USDT, or a credit card.
The presale is now open, and the project has already raised over $40,000 in just a few days. If you’re a boxing fan and looking for a new meme coin investment, Fight Night could be the next big thing.
Follow Fight Night social media channels:
Website | Twitter | Telegram | Instagram
Join Our Telegram channel to stay up to date on breaking news coverage
