Karate Combat Unveils Layer-2 Blockchain Powered by Hedera

Karate Combat Launches Layer-2 Blockchain: A Game Changer in Combat Sports

Karate Combat has unveiled plans for its innovative layer-2 blockchain, named UP, designed to operate on the Hedera layer-1 network. This groundbreaking initiative marks a significant milestone as it is the first professional striking league that is governed by its very own KARATE token.

Earning Opportunities through Up Only Gaming

The UP blockchain aims to enhance user engagement by allowing over 100,000 users to earn tokens. This is achieved by accurately predicting the outcomes of fights through the Up Only Gaming software. With the official launch scheduled for Q1 2025, the anticipated $UP token will also be released in the same year, providing incentives for users to participate.

Token Allocation for KARATE Stakers

A notable feature of the UP blockchain is the allocation of up to 30% of the $UP token to individuals who stake their KARATE tokens. This staking mechanism is designed to encourage community involvement while enhancing liquidity and market stability.

Expansion Plans and Technology Partnerships

According to the pseudonymous co-founder of Karate Combat, onlylarping, the organization is enthusiastic about the opportunity to expand its Up Only Gaming technology into various sectors, including other combat sports, esports, fantasy sports, and broader crypto initiatives.

Karate Combat envisions a supportive ecosystem wherein they will provide free access to their technology and offer grants, along with exposure to their extensive user base for early partners.

Highlight Event: KC 50 at Permissionless III

The latest combat sports event, KC 50, is currently taking place at Permissionless III in Salt Lake City, UT. The event features a notable face-off between David Hoffman, co-founder of Bankless, and Kain Warwick, co-founder of Infinex, showcasing the blend of high-stakes competition and innovative technology.

Innovations in Blockchain Gaming: Polemos Partners with Buff.game

In a related development within the gaming sector, the blockchain gaming asset management platform Polemos has announced a partnership with Buff.game, a renowned gaming company that boasts over 15 million players across popular titles like Dota 2, Fortnite, League of Legends, and Valorant.

Leveraging Asset Management and Lending Solutions

This strategic partnership aims to leverage Polemos’ asset management wallet along with a non-collateralized lending solution. This collaboration will empower gamers to trade, lend, borrow, and access in-game items seamlessly without requiring substantial upfront investments.

Driving Blockchain Adoption in Gaming

Carl Wilgenbus, CEO of Polemos, expressed that this collaboration represents a pivotal moment in the evolution of gaming. By merging Web3 expertise with Buff's extensive player base, this partnership is poised to drive the widespread adoption of blockchain gaming technologies.

Conclusion

The launch of Karate Combat's UP blockchain and the partnership between Polemos and Buff.game signal a new era for both combat sports and gaming industries. As these innovations unfold, they are set to reshape user engagement and expand the possibilities of earning and trading within these vibrant ecosystems.