Karate Combat was born by two fans with a passion for mixed martial arts and cutting edge technology. Since its launch in 2019, the KC audience has grown significantly, welcoming over four million followers across social media, clocking in over 200 million digital views a month and hundreds of thousands of app downloads. In 2023, the Karate Combat community was able to become a direct part of the action as KC’s athletes compete for glory and honor in the world of karate after the league embraced the latest advancements in internet-native technology. Karate Combat has moved from league governance to become the first real-world striking league to be governed by fans. Let’s make sports history together, download the app.
FAQ:
About Karate Combat
Why did Karate Combat become a fan-governed striking league?
Karate Combat is the first striking league structured to incorporate input from fans in the league’s processes for making key decisions. This makes the entity more transparent, efficient, and independent compared to traditional organizations.
“Products, orgs and sports leagues built by the community can really live forever. People can’t, companies can’t.” - onlylarping
What is a $KARATE token and what do I gain from it?
The $KARATE token is the official digital currency in the Karate Combat universe and it gives a fan the power to vote on upcoming fights, take part in prize pools and join exclusive events all via Karate Combat's Up Only Gaming App. The fan-governed league will be steered by the most active, informed fans and the best fighters. Read more about $KARATE here.
How do I get $KARATE tokens?
There are a few ways to get $KARATE tokens:
• Buy $KARATE on any of these exchanges (ByBit, Gate.io, Bitfinex, Kucoin, etc.) and within the Karate Combat app
• Vote on an upcoming Karate Combat event and if your selected fighter wins, you automatically win $KARATE (remember, there's no penalty if your fighter doesn't win! That’s why it’s called Up Only Gaming)
• Follow Karate Combat across our socials to get updates on our regular contests and campaigns for a claim code
What is Up Only Gaming?
Up Only Gaming was created to allow fans to wager on their favorite fighters with $KARATE before each Karate Combat fight. If their fight pick loses, a fan’s $KARATE stash doesn’t change. Never lose, only up.
Download the Karate Combat app to play and climb the leaderboards.
Glossário:
Recovery phrase
Also known as a seed phrase, is a series of words used to recover or restore your cryptocurrency wallet. The phrase typically consists of 12-24 words and can be used to restore your wallet if you forget your password.
Smart Contract
Computer programs capable of automatically executing transactions based on predefined rules. Once the conditions of the contract are met, the contract will execute without the need for any human intervention, intermediaries increasing transparency.
Hedera
Hedera is a new type of blockchain technology that aims to provide a more secure, fast, and fair platform for decentralized applications and digital assets. It differs from Bitcoin and Ethereum in algorithm to be more efficient and secure. Learn more here.
MetaMask
An easy to use and popular cryptocurrency wallet where users can create and manage Ethereum accounts, store and send Ethereum and other ERC-20 tokens, and interact with decentralized applications (dApps) that run on the Ethereum blockchain. Learn more here.
Gas fees
Refers to the cost of performing a transaction or executing a smart contract on a blockchain network because it requires computational resources, such as processing power and storage space.
Tokens
Are digital assets issued and managed on a blockchain network. Tokens are often used to represent resources such as currencies, or utility in a decentralized application (dApp) like the UP ONLY GAMING App that allows you to vote on fights.