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.
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.
Karate Combat provides diverse use cases including:
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.