Buy Karate Combat (KARATE)
What is Karate Combat?
Karate Combat is a professional full-contact karate league that integrates blockchain technology to create a unique gaming and governance experience through its $KARATE token. The platform focuses on cross-platform distribution and gamification to enhance fan engagement and participation.
How does Karate Combat work?
Karate Combat leverages blockchain technology, specifically the Hedera network, to facilitate its operations. The platform uses the Hedera Token Service (HTS) for token creation and management and employs the Hedera Smart Contract service (HSC) to deploy smart contracts. The $KARATE token is central to its ecosystem, serving purposes such as governance voting and enabling Up Only Gaming. This game allows token holders to predict fight outcomes and earn additional tokens without risking loss, utilizing smart contracts and oracles for accurate results.
What are the potential use cases for Karate Combat?
Karate Combat provides diverse use cases including:
- Sports Governance: Through a DAO model, fans and athletes have governance rights over the league's decisions, including fighter matchups.
- Fitness and Wellness: Partnerships like the one with 9Round Kickboxing Fitness promote martial arts globally and integrate fitness with gaming.
- Entertainment: The league combines real-time virtual effects with live-action full-contact karate, offering a unique viewing experience.
- Gaming: Up Only Gaming presents a no-loss gaming experience where participants can earn tokens by predicting fight outcomes.
What is the history of Karate Combat?
Karate Combat was founded by David Lappin and Robert Bryan, stemming from a vision to create a sports league that integrates fan participation and leverages blockchain technology for governance. Over its history, it has set records for viewership and launched the first DAO in a professional sports league, allowing governance by fans and athletes. Notable milestones include the token launch in 2023 and the announcement of the UP platform, a Layer 2 blockchain initiative to enhance engagement in sports and entertainment.
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Frequently Asked Questions (FAQs)
What is the current price of Karate Combat (KARATE)?
The Karate Combat price is $0.00089161 AUD, representing a +1.03% from the day prior.
Where is the best place to buy Karate Combat (KARATE) in Australia?
The best place to buy Karate Combat (KARATE) in Australia is right here! Coinstash is one of Australia's leading and most trusted cryptocurrency exchanges. Built by investors, for investors - Coinstash offers a secure and user-friendly platform to buy and sell Karate Combat (KARATE) and over 1,000 other cryptocurrencies. Enjoy low fees, excellent customer support and access to an array of powerful trading tools and investing features.
What is the daily trading volume of Karate Combat (KARATE)?
The trading volume of Karate Combat (KARATE) is $633.8K AUD in the last 24hrs, representing a +1.03% from the day prior.
How can I buy Karate Combat (KARATE)?
Karate Combat (KARATE) can be purchased on Coinstash with AUD or by trading other cryptocurrencies for it. Coinstash offers various AUD deposit methods including bank transfers, POLi and PayID.
What is the market cap of Karate Combat (KARATE)?
The current market cap of Karate Combat (KARATE) is $23.9M AUD.
Can I convert Karate Combat (KARATE) to cash?
Yes - With Coinstash you can convert your Karate Combat (KARATE) to AUD instantly. You can also withdraw AUD to your Australian bank account instantly and for free with no withdrawal fees.
How many Karate Combat (KARATE) are there?
The current circulating supply of Karate Combat (KARATE) is 27.2B.
Is Coinstash a safe place to buy Karate Combat (KARATE) in Australia?
Yes - Coinstash is one of Australia's safest and most trusted platforms for buying and selling Karate Combat (KARATE) and other cryptocurrencies. Coinstash's industry-leading security practices provide the highest level of protection for your investments. Coinstash is licensed, compliant and AUSTRAC registered in Australia. You can learn more about our security practices.