Close Menu
  • News
    • Bitcoin
    • Altcoins
    • DeFi
    • Market Cap
  • Blockchain
  • Web 3
    • NFT
    • Metaverse
  • Regulation
  • Analysis
  • Learn
  • Blog
What's Hot

The Bitcoin Rainbow Chart Undervaluation Signal vs. Supply Overhang – Which Wins?

2026-03-10

Hayes says Hyperliquid’s HYPE will rise to $150 by August 2026

2026-03-10

Ethereum price rises past USD 2,000, USD 2,200 now in bullish crosshairs

2026-03-10
Facebook X (Twitter) Instagram
  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Advertise
Facebook X (Twitter) Instagram
Bitcoin Platform – Bitcoin | Altcoins | Blockchain | News Stories Updated Daily
  • News
    • Bitcoin
    • Altcoins
    • DeFi
    • Market Cap
  • Blockchain

    Brickken joins UNE committee to advance institutional tokenization standards

    2026-03-10

    Hedera enables 19 live transactions with the Reserve Bank of Australia

    2026-03-09

    Aylab joins the REI network to accelerate the growth of the scalable web3 infrastructure

    2026-03-09

    Quack AI unveils production-ready Q402 on Avalanche C-Chain to scale agent workflows

    2026-03-09

    Quantum computers can break the privacy of Zcash and Monero, says researcher

    2026-03-09
  • Web 3
    • NFT
    • Metaverse
  • Regulation

    SEC pressure on crypto giants fades as Trump-linked project draws $75M from Justin Sun

    2026-03-08

    Refusing new IRS crypto tax forms could cost you your exchange account

    2026-03-07

    US lawmakers consider ban on prediction markets amid bets on Iran

    2026-03-06

    De volatiliteit van Bitcoin zou in april kunnen exploderen als SEC de markt achter de ETF-leverage beoordeelt

    2026-03-06

    Crypto company Kraken secures a direct link to Federal Reserve payments

    2026-03-04
  • Analysis

    Ethereum price rises past USD 2,000, USD 2,200 now in bullish crosshairs

    2026-03-10

    XRP’s unrealized losses soar to over $50 billion due to the oil price shock

    2026-03-09

    Bitcoin Price Drops Below $68,000, Downside Targets Come into Focus

    2026-03-09

    Bitcoin signals economic concerns as oil prices rise

    2026-03-09

    Ethereum Price Extends Pullback, Support at $1,920 Now Under Threat

    2026-03-09
  • Learn

    Token Gating Explained: A Guide for Crypto Beginners

    2026-03-10

    What Is Composability in DeFi and Why It Matters

    2026-03-09

    Hoeveel Crypto-portemonnees moet je echt hebben?

    2026-03-09

    What Is Wrapped ETH (WETH) and Why Do You Need It in DeFi?

    2026-03-06

    What Is Crypto Protocol and Why Coins Need It

    2026-03-04
  • Blog
Bitcoin Platform – Bitcoin | Altcoins | Blockchain | News Stories Updated Daily
Home»Blockchain»Karate Combat launches Layer-2 network to license game models to other sports
Blockchain

Karate Combat launches Layer-2 network to license game models to other sports

2024-10-13No Comments5 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email

Fighting organization Karate Combat is going to be one Hedera layer 2 network called UP in the first quarter of 2025. This will allow the league to license its “Up Only Gaming” technology that powers its app to other sports, leagues and projects – perhaps even meme- coins.

Karate Combat, which includes MMA legends Bas Rutten and Georges St-Pierre ambassadorshas grown in popularity in recent years, partly due to its pushing into crypto and its token-hungry user base. Karate Combat’s mobile and web app allows users to bet KARATE tokens for upcoming battles. Bet correctly and you win KARATE tokens; Make the wrong bet and you lose nothing.

The crypto-powered app, in addition to entertaining battles by professional athletes and crypto influencers, has fueled the recent success of Karate Combat, its pseudonymous co-founder.Alone larpingtold Declutter in an interview. And now the organization wants to let other projects get a piece of the pie.

“Over the past year we’ve had a fair amount of demand from other sports, leagues, teams, esports teams, poker tournaments, gambling products, fantasy sports and startups to license or copy what we’ve built,” Onlylarping shared. Declutter. “We are already very motivated to spread ‘Up Only Gaming’ beyond Karate Combat.”

There are currently 20 to 30 projects planned to launch on the company’s upcoming Layer-2 network, the co-founder said, and Karate Combat still hopes to get several more on board before the L2 goes live.

For now, the pool of projects that can use the UP network is wide open, Onlylarping said, even inviting meme coins to join the party. However, he added that there could be a future where a major partner asks for exclusivity in a category.

See also  SxT uses zkSync's Hyperchain architecture

Apps launched with Up Only Gaming record transactions on the UP layer-2 network. However, this does not mean that these projects have to launch a token on UP or Hedera. Instead, users can deposit other tokens into the app, and the app will create a synthetic version to use.

“We’re not trying to keep an eye on this thing,” he said. “We are not trying to force every sport in the world to launch a token on UP. It’s just never going to happen,” Onlylarping said Declutter. “But if people want to have the software for free, and they want a subsidy, and their users want to share, and all these things, then their users have to use UP while they play.”

UP aims to launch a token next year with a portion of the total supply allocated to a grant program aimed at helping early builders on the network.

The Karate Combat co-founder hopes the network of games will share player bases similar to what we’ve seen in the game recently. Telegram’s gaming ecosystem because mini-apps entice users to play other games for in-game rewards. For this reason, the team hopes that UP can help bring more attention to the sport of Karate Combat.

Additionally, 30% of UP’s total token supply will be allocated to flow back into KARATE token holders’ wallets. How exactly this will work is yet to be determined, but the team is looking into both staking and boosting the app rewards.

The launch of UP will also bring significant improvements to the backend of the Karate Combat app. Currently, the app limits gameplay to a 48-hour period and prevents players from boarding during Karate Combat events, due to the on-chain snapshot system it uses. The update will log every prediction, battle and token reward all on-chain, which will make the whole experience more agile and remove the 48-hour limitation.

See also  Biconomy works with Taiko to improve issues with gas rates and congestion

What may surprise some is that this is all being built on top of Hedera, which may have had a big impact spectacular debut in 2019 but lacks the name power of an Ethereum or a Solana. While Ethereum is currently home to a slew of layer 2 options and so-called appchains, UP will essentially be Hedera’s first L2 network.

Karate Combat’s choice to go with Herda is the result of a three-year business relationship with the HBAR Foundationexplains the co-founder. He said that while most other chains “didn’t really understand” Karate Combat’s vision, Hedera did.

“They really understood. Some people there fell in love with it, really supported us and convinced us to come to Hedera. It turned out fantastically well,” he says. “And when we started talking to the HBAR Foundation about what we wanted to do [with the layer-2 network]they have been very supportive.”

Karate Combat will release an open source library to help future projects trace their path on the Hedera network.

“It’s great to be a pioneer, but ultimately you want to be part of a category on CoinGecko,” Onlylarping told Declutter. “It would be great if we could build a category of tokens that look like Karate Combat. We are intrinsically motivated to do it. And we are intrinsically motivated to make this happen as quickly as possible.”

Source link

Combat Game Karate Launches layer2 license models Network sports
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Brickken joins UNE committee to advance institutional tokenization standards

2026-03-10

Hedera enables 19 live transactions with the Reserve Bank of Australia

2026-03-09

Aylab joins the REI network to accelerate the growth of the scalable web3 infrastructure

2026-03-09

Quack AI unveils production-ready Q402 on Avalanche C-Chain to scale agent workflows

2026-03-09
Add A Comment

Comments are closed.

Top Posts

Binance, Cristiano Ronaldo introduces sixth NFT -drop

2025-06-11

Report finds USDC transfer growth on basis fueled by LP rebalancing

2026-02-21

US court strikes down SEC’s controversial ‘dealer’ rule

2024-11-21
Editors Picks

Bitwise CIO says the market is underestimating Washington’s changing attitude toward crypto

2024-06-04

Plume protects SEC Transfer Agent Registration for Tokenized Securities, Token rises 31%

2025-10-06

Arbitrum activates Atlas upgrade and prepares for additional rate cuts on March 18

2024-03-18

What is it and why is it important?

2024-03-19

Our mission is to develop a community of people who try to make financially sound decisions. The website strives to educate individuals in making wise choices about Cryptocurrencies, Defi, NFT, Metaverse and more.

We're social. Connect with us:

Facebook X (Twitter) Instagram Pinterest YouTube
Top Insights

The Bitcoin Rainbow Chart Undervaluation Signal vs. Supply Overhang – Which Wins?

Hayes says Hyperliquid’s HYPE will rise to $150 by August 2026

Ethereum price rises past USD 2,000, USD 2,200 now in bullish crosshairs

Get Informed

Subscribe to Updates

Get the latest news and Update from Bitcoin Platform about Crypto, Metaverse, NFT and more.

  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Advertise
© 2026 Bitcoinplatform.com - All rights reserved.

Type above and press Enter to search. Press Esc to cancel.