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Karate Combat is an rising combat league that offers with crypto tokens. UFC broadcaster and host of Joe Rogan Experience gave a shout out to the league, saying it’s a really distinctive thought.

Karakte Combat permits members to make use of crypto tokens as fan foreign money to vote on their 100 plus contracted fighters. The net 3 tokens-based Karate Combat is constructed on Hedera.

Joe Rogan calls it an incredible thought

Talking about Karate Combat, Joe Rogan mentioned that he actually likes the thought of a token that’s hooked up to a corporation. “That makes me excited about crypto tokens,” he added.

The league permits Krate token holders to spice up their favourite fighter’s potential bonus pool and earn extra tokens at no threat. Karakte Combat claims these tokens differ from sports activities betting as a result of there isn’t a loser on a wager or wager.

You both vote appropriately and win tokens otherwise you simply don’t obtain tokens. They name is “no loss gaming”

Rogan thinks UFC can efficiently implement this

Rogan praised the thought of giving 10% of the pool to the fighter. “If UFC implements this idea at some point, I think it’d be very successful,” Joe Rogan mentioned on his podcast. The league rewards fighters immediately proportionately to the quantity of betting.

Under the DAO construction, token holders additionally decide the league’s funds, useful resource allocation, provider choice, advertising technique, rule modifications and – inside boundaries set by the league’s combat operations group – fighter contracts and combat match-up alternatives.

The crypto-driven sports activities league has tv broadcast distribution in additional than 100 international locations by partnerships with main media properties together with CBS Sports, Globo, Eurosport, BeIN Sports and ESPN Deportes.

Jai Pratap is a Crypto and Blockchain fanatic with over three years of working expertise with completely different main media homes. His present position at CoinGape contains creating high-impact net tales, cowl breaking information, and write editorials. When not working, you will discover him studying Russian literature or watching some Swedish film.

The introduced content material might embrace the private opinion of the writer and is topic to market situation. Do your market analysis earlier than investing in cryptocurrencies. The writer or the publication doesn’t maintain any duty in your private monetary loss.