Karate Combat is an emerging fight league that deals with cryptocurrency cryptoย tokens. UFC broadcaster and host of Joe Rogan Experience gave a shout out to the league, saying itโs a very unique idea.
Karakte Combat allows members to use cryptocurrency cryptoย tokens as fan currency to vote on their 100 plus contracted fighters. The web 3 tokens-based Karate Combat is built on Hedera.
Joe Rogan calls it a great idea
Talking about Karate Combat, Joe Rogan stated that he really likes the idea of a cryptoย token that is attached to an organization. โThat makes me excited about cryptocurrency tokens,โ he added.
The league allows Krate cryptoย token holders to boost their favorite fighterโs potential bonus pool and earn additional cryptoย tokens at no risk. Karakte Combat states these cryptoย tokens differ from sports betting because thereย is no loser on a bet or wager.
You either vote correctly and win cryptoย tokens or you just doย not receive cryptoย tokens. They call is โno loss gamingโ
Rogan thinks UFC can successfully implement this
Rogan praised the idea of giving 10 percent of the pool to the fighter. โIf UFC implements this idea at some point, I think itโd be very successful,โ Joe Rogan stated on his podcast. The league bonus fighters directly proportionately to the amount of betting.
Under the DAO structure, cryptoย token holders likewise determine the leagueโs budget, resource allocation, supplier selection, marketing strategy, rule changes and โ within boundaries set by the leagueโs fight operations group โ fighter contracts and fight match-up selections.
The crypto-driven sports league has television broadcast distribution in greaterย than 100 countries through partnerships with leading media properties including CBS Sports, Globo, Eurosport, BeIN Sports and ESPN Deportes.
