CZ Highlights UFC Collaboration Featuring Fan Project Fight ID

Binance founder Changpeng Zhao appears with UFC’s Dana White as BNB Chain-backed Fight ID begins Holoworld launch stage after highly oversubscribed funding.

BNB

Summary

Binance founder Changpeng Zhao (CZ) appeared alongside UFC President Dana White on X, coinciding with a UFC livestream that promoted the fan project Fight ID. The initiative is in its launch phase on Holoworld following BNB Chain’s first funding round last week, which closed with 20 times oversubscription.

Terms & Concepts
  • BNB Chain: A blockchain network developed by Binance that supports smart contracts and decentralized applications.
  • Holoworld: A platform or ecosystem launching digital projects, in this case hosting the Fight ID fan initiative.
  • Oversubscription: A situation in fundraising where demand for shares or tokens exceeds the supply offered.