Article Summary, Automatically Generated By AI
About Karate Combat
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Karate Combat is a professional full-contact combat sport with:
- 4.6 million followers
- 100-200 million organic views per month
- Approximately 100 exclusive professional athletes
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Televised distribution on top sports networks:
- Eurosport
- Globo’s Canal Combate
- BeIN Sports
- CBS Sports
- ESPN Deportes
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Unique ruleset:
- Stand-up, striking-based fight event
About Karate Combat League
Karate (KARATE) pioneers the concept of token governance and gamification in a real-world professional sports league.
Karate Combat, a rapidly burgeoning full-contact combat sport, boasts an impressive 4.6 million followers, garnering 100-200 million organic views monthly, and features an elite roster of approximately 100 exclusive professional athletes.
The league, conceived by visionary tech and crypto entrepreneurs, is geared towards a youthful, globally diverse audience, leveraging cross-platform distribution, high-energy, rapid-fire stand-up fights, and visually stunning 3D CGI backgrounds meticulously crafted in Unreal Engine.
The league boasts a robust televised presence, with broadcasts airing on a plethora of esteemed sports networks globally, including Eurosport, Globo’s Canal Combate, BeIN Sports, CBS Sports, and ESPN Deportes. Furthermore, the league’s events are concurrently streamed free of charge on its official website, Karate.com, as well as prominent platforms such as Youtube, TikTok, Twitter, Facebook, and Kick.
The league boasts an impressive roster of the greatest karate fighters in history, built upon a rich karate heritage and mythology. However, its innovative ruleset has given rise to a novel sport, carefully crafted to captivate audiences with its breakneck pace and distinctive flair.
The UFC (and its imitators) are overwhelmingly dominated by Brazilian jiu-jitsu, a martial art that emphasizes grappling, ground fighting, and submission holds. In stark contrast, Karate Combat’s innovative ruleset is specifically designed to facilitate a stand-up, striking-based fight event, where victors are determined by the potency of their punches, kicks, and throws. Notably, fighters are restricted to a mere five-second window for ground and pound maneuvers on the pit floor.
Each of the league’s events is captured in front of live-rendered, immersive 3D CGI environments, leveraging a cutting-edge fusion of technologies, including In-camera VFX and Extended Reality. As the only professional sport to employ this innovative approach, the league presents a thrilling, live spectacle reminiscent of a viral, real-time Mortal Kombat experience.
Karate Combat’s assets were fully transferred in 2022 to an ownerless foundation by its crypto-native founders, thereby empowering the KarateDAO to facilitate web3 governance and gamification. This novel structure enables a web3 game meticulously tailored to the habits and interests of sports enthusiasts. Beyond facilitating real governance of the league, the primary initial utility of the KARATE token is to engage in Up Only Gaming. Up Only Gaming is an innovative, no-loss game built on smart contracts. When sports enthusiasts place a wager on an event, even a modest one, engagement increases exponentially. However, the harsh reality is that most individuals inevitably cease betting on sports due to financial losses. The pioneering Up Only Gaming mobile and web applications allow token holders to seamlessly select their preferred fighters, with the opportunity to earn additional tokens without incurring any losses. For 48 hours preceding each event, token holders can cast their votes for fighters using off-chain signed messages. Players can allocate their votes to a single fight or distribute them across multiple fights. The more $KARATE tokens a player possesses, the greater their potential winnings. Players who vote for losing fighters retain their $KARATE tokens, enabling them to participate again in the next event. Over time, active players and winning fighters gradually dilute the influence of inactive fans. Furthermore, the league has fully embraced a web3 open ecosystem go-to-market strategy, characterized by an exceptionally permissive IP license, initially in the categories of NFTs and video games. The league will also open-source its smart contracts and front ends, thereby fostering a vibrant ecosystem of applications built upon the Up Only Gaming primitives.
To date, the majority of fan tokens and sports NFT projects have relied on token-gated experiences to drive utility, a bare minimum expectation. However, with the entire league governed by the token, Karate Combat is poised to elevate this concept to unprecedented heights, amplifying its impact by a factor of ten. Moreover, Karate Combat firmly believes that a transparent public ledger is the ideal technology to facilitate a shared sense of ownership of a cultural asset, such as a sports property, and is committed to harnessing its full potential.