Karate Combat to Launch Layer-2 Blockchain on Hedera Network in 2025

Karate Combat Launches Revolutionary Layer-2 Blockchain: UP

According to a recent report by Blockworks, Karate Combat has unveiled its plans to launch a cutting-edge layer-2 blockchain named UP, built upon the renowned Hedera layer-1 network. This marks a significant milestone as it introduces the first professional striking league governed by the innovative KARATE token.

Key Features of the UP Blockchain

• Token Earning Potential: Over 100,000 users can participate by accurately predicting fight outcomes through the Up Only Gaming software, earning tokens in the process.
• Launch Timeline: The UP layer-2 blockchain is set for launch in Q1 2025, alongside the anticipated release of the $UP token.
• Staking Opportunities: Up to 30% of the $UP token supply will be allocated to those who stake their KARATE tokens.

Future Expansion Plans

The pseudonymous co-founder of Karate Combat, onlylarping, expressed the organization’s eagerness to broaden its Up Only Gaming technology beyond MMA. Plans are in motion to integrate this technology into other sports, esports, fantasy sports, and various crypto projects.

This initiative not only promises to supply the necessary technology for free but also includes grants and access to its extensive user base for early-stage partners.

KC 50 Event at Permissionless III

In an exciting display of the sport, the latest combat sporting event, KC 50, is being held at Permissionless III in Salt Lake City, UT. Notable fights include a matchup featuring David Hoffman, a co-founder of Bankless, versus Kain Warwick, co-founder of Infinex.

Partnership in Blockchain Gaming

In another development within the blockchain gaming sphere, the asset management platform Polemos announced a strategic partnership with Buff.game. Buff.game operates a loyalty program catering to over 15 million players across popular games such as Dota 2, Fortnite, League of Legends, and Valorant.

Significance of the Partnership

• Enhanced Asset Management: This collaboration will utilize Polemos’ asset management wallet along with a non-collateralized lending solution.
• Access and Trade: Gamers will have the capability to trade, lend, borrow, and gain access to in-game items without needing an upfront financial commitment.

Carl Wilgenbus, the CEO of Polemos, emphasized that this partnership is pivotal in the evolution of gaming, merging Web3 expertise with Buff’s expansive player base to accelerate the adoption of innovative blockchain gaming technologies.

Conclusion

With the upcoming launch of its UP blockchain and new partnerships within the gaming space, Karate Combat is set to revolutionize the landscape of combat sports and blockchain gaming. With these innovations, the future of these industries appears brighter than ever.