Ready to Fight, the pioneering blockchain-based boxing ecosystem founded by Oleksandr Usyk, has announced the listing of their native token, RTF. This development signifies a significant leap forward in leveraging decentralized blockchain technology to revolutionize the $10 billion boxing industry.
Vision of Ready to Fight
Ready to Fight operates as a SocialFi boxing platform built on the RTF blockchain, a Layer 1 EMV-compatible blockchain. Founded by world heavyweight boxing champion, Oleksandr Usyk, and his team director, Sergey Lapin, the platform aims to address the global boxing industry’s needs within a transparent, user-friendly, and secure ecosystem.
Tokenizing Fighters and Engaging Fans
The platform seeks to unite the sporting and blockchain communities by tokenizing fighters, empowering them to monetize their services, enhance their brands, and advance their boxing careers. For fans, Ready to Fight offers an inclusive social network for engagement and access to the latest boxing news.
Strategic Partnerships and Growth
Having garnered partnerships with key industry players such as the World Boxing Council and the Saudi Boxing Federation, Ready to Fight has quickly gained popularity in the boxing world. With 130,000 users since its launch in November 2023, the introduction of the RTF token signifies a transition into the web3 space.
Mike Tyson’s Endorsement
Legendary boxer Mike Tyson has joined Ready to Fight as an ambassador, offering his support pro bono. His endorsement underscores a genuine belief in the platform’s mission, with his global fame and influence expected to amplify the platform’s visibility and credibility.
Utility of RTF Tokens
RTF tokens serve as utility tokens within the Ready to Fight ecosystem, facilitating various transactions such as purchasing boxing-related services, accessing exclusive content, minting fan-based NFTs, and participating in the Cyber Ring game.
Coinciding with Usyk vs. Fury Fight
The token launch coincides with the highly anticipated boxing match between Usyk and Fury on May 18, 2024. Usyk has utilized the platform to find sparring partners for his training camp, marking a historic milestone in boxing history.
Availability and Listing
RTF tokens will be available for purchase through the Initial DEX Offering (IDO) on DAO Maker launchpad on April 17 and on ChainGPT on April 19. Furthermore, they will be listed on leading centralized exchanges from April 24.
Usyk’s Vision for RTF
Oleksandr Usyk, Co-Founder of Ready to Fight, expressed his vision for the platform, emphasizing its role in leveraging decentralized blockchain and web3 technology to address operational inefficiencies and fragmented community ecosystems within the boxing industry. He highlighted the RTF token’s multifaceted utility within the Ready to Fight ecosystem, bridging the gap between boxing, entertainment, and cryptocurrency domains.
Upcoming Features
RTF tokens will underpin the upcoming SubRing feature, allowing users to purchase digital ratings, known as Rates, for their favorite boxers. Each purchase enhances speculation while reflecting the popularity and success of individual athletes.